brazil

Golden Ocean (NASDAQ: GOGL), one of the largest U.S.-listed owners of dry bulk ships, swung to a loss in the first three months of 2019 due to disruptions in Brazilian iron-ore exports, but it sees signs that the situation in Brazil is improving. The company, whose largest shareholder is Norwegian...

Brazilian stocks are among the more volatile emerging markets fare. The iShares MSCI Brazil ETF (NYSE: EWZ), the largest Brazil exchange traded fund trading in the U.S., has a three-year standard deviation of 31.57 percent compared to just 13 percent on the MSCI Emerging Markets Index. What...

The fintech industry is booming in Latin America, and one analyst sees a winner in Mercadolibre Inc (NASDAQ: MELI). The Rating BTIG analyst Marvin Fong maintained a Buy rating on MercadoLibre and raised his price target from $395 to $410. The Thesis By BTIG’s assessment, the fintech company...

Brazilian mine operator Vale SA (NYSE: VALE) dominated news headlines after one of its dams in the town of Brumadinho burst, killing dozens of people, with hundreds still missing.  The fallout could weigh on investor sentiment and the stock, according to RBC Capital Markets.  The Analyst...

Vale SA (NYSE: VALE) stock plummeted for the second consecutive session on Monday following a damn collapse on one of its Properties in Brazil last week. What Happened On Friday, Vale stock dropped 8 percent after a damn on the company’s Corrego do Feijao mine near Brumadinho, Brazil...

Asian markets are off to a rough start for the year after disappointing data from China, but with valuations at "rock-bottom levels," there's opportunity to be found internationally, according to Eastspring Investments' Ken Wong.  Wong: Asian Pickup In Second Half Of...

Brazil is Latin America's largest economy. As such, it usually commands the most attention among investors evaluating the region's opportunities. Even supposedly diverse Latin America regional exchange traded funds are heavily allocated to Brazil. A ETF takes a unique approach, offering...

Brazilian stocks soared Monday following presidential elections in the country. What Happened Far right candidate Jair Bolsonaro scored a decisive victory in the run-off Brazilian presidential election, landing 55.2 percent of the vote. His competitor Fernando Haddad drew 44.8 percent of the vote....

Brazilian payments processor StoneCo Ltd. is set to begin trading on the Nasdaq Global Market Thursday under the ticker symbol “STNE.” The Details StoneCo priced a 50.7-million-share IPO at $24 per share Thursday morning, according to Benzinga Pro.  The company had said in an...

Brazil stocks are on fire Monday after the nation’s the first round of presidential elections, and one Wall Street analyst has taken the opportunity to upgrade Brazil’s PETROLEO BRASIL/ADR (NYSE: PBR), also known simply as Petrobas. The Analyst JPMorgan analyst Rodolfo Angele upgraded...

Brazilian stocks soared on Monday following the first round of presidential elections in the country. What Happened Far right candidate Jair Bolsonaro scored a decisive victory in the first round of the Brazilian presidential elections, landing 46.7 percent of the vote. His nearest competitor drew...

The following originally appeared on Tradestation's Market Insights blog A sharp dichotomy has appeared in emerging markets as Asia struggles and oil rallies. The iShares MSCI India ETF (NYSE: INDA) is down 8 percent in the last two weeks and the iShares China Large-Cap ETF (NYSE: FXI) has...

The signs remain somewhat faint, but some market observers believe those signs are mounting in favor of emerging markets resurgence. Plenty of exchange traded funds, including the iShares Core MSCI Emerging Markets ETF (NYSE: IEMG), would like for that thesis to be proven positive. IEMG, one of the...

The year is half over and at this point, it's accurate to say emerging stocks and the related exchange traded funds are struggling. The widely followed MSCI Emerging Markets Index is off 7.4 percent year-to-date compared to a gain of 2.5 percent for the S&P 500. Of the 20 worst-performing...

Improving oil prices mean a "major change" to the investment profile of Brazil-based Petroleo Brasil/ADR (NYSE: PBR), according to Bank of America Merrill Lynch. The Analyst BofA's Frank McGaan upgraded Petrobras rating from Neutral to Buy with a price target lifted from $26 to...