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BANCO BRADESCO: Agora Corretora Will Become BBI's Unit
Agora Corretora will become a subsidiary of Banco Bradesco's investment bank BBI and shareholders will receive 8% of capital in BBI, Business News Americas reports...
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BANCOLOMBIA: Unit Earns COP23.3 Billion in 2007
Bancolombia's investment banking unit Banca de Inversion Bancolombia's net profits increased 8.2% to COP23.3 billion in 2007, compared to 2006, Business News Americas reports...
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ENERGIAS DO BRASIL: To Conduct Feasibility Studies With Cemig
Energias do Brasil has signed a partnership agreement with Companhia Energetica de Minas Gerais aka Cemig to conduct feasibility studies for hydro and wind power projects, Business News Americas reports...
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GRUPO GIGANTE: Moody's Withdraws Rating at Company's Request
Standard & Poor's Ratings Services has withdrawn its ratings on Grupo Gigante S. A. B. de C.V. at the company's request, including the 'BB' corporate credit rating and the 'BB' rating on the company's US$260 million 8.75% notes due 2016. "This action...
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KANSAS CITY: Realigns Transportation Divisions & Leadership Team
Kansas City Southern and its U.S. subsidiary, The Kansas City Southern Railway Company has promoted two employees and realigned its transportation divisions and leadership team...
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PETROLEOS DE VENEZUELA: Unit Hikes Crude Oil Production by 17.6%
Petroleos de Venezuela SA's Petromonagas JV has produced 113,500 barrels per day of upgraded crude...
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R&G FINANCIAL: Gets Regulatory Approval to Pay March Dividends
R&G Financial Corporation has received regulatory permission to make dividend payments for March on its four outstanding series of preferred stock and distributions for March on its trust preferred securities issues...
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SHERRITT IN'L: Will Expand Boca de Jaruco Plant in Cuba
Sherritt International Corp. Chief Executive Officer Jowdat Wahee said in a webcast that the company will start a 150- megawatt combined cycle expansion at the Boca de Jaruco thermo plant in Cuba. Mr. Waheed told Business News Americas that the plant...
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