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Johnson & Johnson exceeds profit estimates and raises sales forecast

7/17/2019 - São Paulo — Johnson & Johnson raised their sales forecast for the year, as the demand for their cancer medications Darzalex and Imbruvica helped to overcome the second-quarter earnings estimates this Tuesday.

Retail losses grew 7% on 2018

7/17/2019 - After three consecutive years in decline, the Brazilian retail losses index went back up and reached 1.38% of the Brazilian retail net turnover, totaling R $21.46 billion in losses, waste. These findings are part of the unpublished research presented at the Abrappe Forum for Loss Prevention 2019. The study conducted in partnership with EY analyzed the data of 113 retailers, of 12 different segments: attacked and Atacarejos, footwear, construction/home, drugstores, electro/furniture, sports, book

Consumer delinquency drops 2% in June

7/17/2019 - The consumer default rate fell by 2% in June, compared to the same period last year. The data is part of a survey of Boa Vista, a credit information company. The indicator accumulates a decline of 5.3% in the year and 3% in the accumulated 12 months ended in June. In comparison with May this year, the delinquency dropped 1.9%, discounting the seasonal effects. According to the research, the southeast was the only region that was discharged in the monthly comparison, with an increase of 0.7%. Co

Sale of financed vehicles rises 9% in the 1st semester

7/17/2019 - The sales of financed vehicles were 9% high in the 1st semester, compared to the same period last year, totaling 2,870,000 new and used.

Soluble coffee exports rise 9.6% in the first half of 2019

7/17/2019 - Brazilian exports of soluble coffee grew 9.6% in volume compared to the same period last year, totaling 1,860,000 sacks of 60 kg, the association representing the sector, Abics, said on Tuesday (16).

Cloud computing pulls SAP growth in Brazil in 2nd quarter

7/18/2019 - São Paulo – The German SAP, known for its financial management systems, advanced in the cloud computing segment during the second quarter of 2019. According to the company, the segment that grew more than 100% was the customer experience management, called the Customer Experience (CX).

Nadir Figueiredo is sold to American group

7/18/2019 - The U.S. private equity group HIG Capital purchased the centenary Glass product manufacturer Nadir Figueiredo for R $836,270,000. In fact, Nadir Figueiredo stated that the sale was approved by shareholders holding 97.67% of the capital. The purchase will be made through Flamengo Participações, controlled by HIG Capital.

Wheat crop from Paraná has a drop in quality and yield after Frost, says Deral

7/18/2019 - SÃO PAULO (Reuters)-The Brazilian wheat sector will face a crop with reductions in both quality and quantity in Paraná, after recent frost affects the main Brazilian producer state, the Department of Rural Economics (Deral) said in this Tuesday.

Cemig reduces slice on Light to 22.6% after stock offering

7/18/2019 - SÃO PAULO (Reuters)-state-owned mining company Cemig reduced its stake in Light electricity from almost 50% to 22.6%, after a public offer of shares closed on the eve, according to corporate announcements on Wednesday night.

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