Gafisa SA (GFA.N)
|Market Cap (Mil.):||$574.79|
|Shares Outstanding (Mil.):||217.78|
SAO PAULO, Feb 27 - Brazilian homebuilder Gafisa SA expects a measure of profit margin to rise by 2 percentage points this year as it continues to sell off older, less profitable projects, its chief executive officer said on Thursday.
SAO PAULO, Feb 27 - Brazilian homebuilder Gafisa SA expects a measure of profit margin to rise by 2 percentage points this year, Chief Executive Officer Duilio Calciolari told Reuters on Thursday.
SAO PAULO, Feb 26 - Brazilian homebuilder Gafisa SA swung to a profit in the fourth quarter from a year earlier, helped by the sale of a stake in its Alphaville high-end residential unit.
SAO PAULO, Feb 7 - Brazilian homebuilder Gafisa SA is looking to spin off its Tenda division, extending the group's divestitures after losing money for three years.
Feb 7 - Shares of Brazilian homebuilder Gafisa rose 4 percent on Friday on plans to separately list its Tenda division as part of the low-income unit's restart.
SAO PAULO, Feb 7 - The board of Brazilian homebuilder Gafisa SA approved a study into potentially spinning off its Tenda business as the "next step" toward creating value for its shareholders, the company said in a filing on Friday.
* Brazil Bovespa down 0.11 pct, Mexico IPC up 0.18 pct SAO PAULO, Jan 20 - Brazilian stocks were little changed on Monday, while shares of homebuilder Gafisa SA advanced after the company posted encouraging operational results. Mexico's IPC index rose slightly, while Chile's bourse ended a three-day rally. U.S. stock markets were closed on Monday for the Martin Luther King Jr. holiday, which kept trading volumes light. Brazil's benchmark Bovespa stock index was n
Brazilian homebuilder Gafisa SA said new home launches rose to 1.6 billion reais ($678.05 million) during the fourth quarter, a 8.7 percent increase from a year earlier.
RIO DE JANEIRO, Jan 7 - Brazilian homebuilder Gafisa SA said on Tuesday it plans to launch new construction worth 2.1 billion to 2.5 billion reais ($890 million to $1.06 billion) in 2014 under its Tenda and Gafisa brands, according to a securities filing.
(Corrects to say 2014 guidance-per-segment to recover vs 2013 in paragraphs 1-3)