Gafisa SA (GFA.N)
|Market Cap (Mil.):||$806.92|
|Shares Outstanding (Mil.):||216.66|
* Cyrela profit jumps more than 50 pct as expenses decline
* China industrial production disappoints in April * Gafisa shares drop following Q1 results * Brazil Bovespa falls 1.2 pct, Mexico IPC flat By Asher Levine and Danielle Assalve SAO PAULO, May 13 - Brazilian stocks fell for the fourth straight session on Monday following weak industrial output data from key trade partner China, while Chilean stocks saw their biggest one-day loss since mid-April. Shares fell after data showed industry in China, a major purchaser of
* China industrial production disappoints in April * Gafisa shares drop following Q1 results * Brazil Bovespa falls 0.59 pct, Mexico IPC up 0.18 pct By Asher Levine and Danielle Assalve SAO PAULO, May 13 - Brazilian stocks fell for the fourth straight session on Monday following weak industrial output data from key trade partner China. Shares fell after data showed Chinese industry, a major purchaser of Latin American raw materials such as iron-ore, petroleum and c
SAO PAULO - Gafisa SA will decide on a possible initial public offering of its high-end Alphaville unit this year, Chief Executive Officer Duílio Calciolari said, a sign the Brazilian homebuilder is broadening its options to raise cash and pay down debt.
SAO PAULO, May 11 - Brazilian homebuilder Gafisa SA posted a worse-than-expected first-quarter net loss as sales cancellations at its low-cost Tenda unit and mid-range Gafisa division dragged on profitability.
CHICAGO/SAO PAULO, April 11 - An uptick in bullish options trading on the U.S.-listed shares of Brazilian homebuilder Gafisa SA may suggest that some investors are betting on additional gains in the stock by June amid speculation of a sale of a subsidiary.
SAO PAULO, April 3 - Brazilian homebuilder Gafisa SA received four offers for its high-end Alphaville unit, including from Sam Zell's Equity International, a local newspaper reported on Wednesday.
* Worse-than-expected qtrly loss triggers 5.8 pct share drop
SAO PAULO, March 12 - Brazilian homebuilder Gafisa SA is aiming to more than double the gross margin of the low-income Tenda unit that has led to losses over the past year, Chief Executive Alceu Duilio Calciolari said on Tuesday.
* Low-income Tenda projects continue to hurt profitability