|Bid||25.35 x 0|
|Ask||25.36 x 0|
|Day's range||24.58 - 25.77|
|52-week range||18.03 - 30.00|
|Beta (5Y monthly)||1.63|
|PE ratio (TTM)||17.19|
|Forward dividend & yield||0.46 (1.69%)|
|Ex-dividend date||05 Aug 2022|
|1y target est||N/A|
SAO PAULO (Reuters) -A new law allowing soccer clubs in Brazil to seek outside investment is attracting hundreds of millions of dollars to a country renowned as football's biggest source of talent, a change that could see Brazilian teams rival Europe's top tier. The surge of fresh, mostly foreign, cash coincides with an agreement last May by Brazil's largest clubs to create a league modeled on Britain's Premier League that will centralize talks to sell transmission rights and marketing contracts. Together, the recent developments have spawned a funding bonanza for the Brazilian teams, which have long been fan-owned operations closed to outside investors.
SAO PAULO (Reuters) -Brazilian motor maker WEG SA on Wednesday reported a drop in quarterly net income and said operating margins remained under pressure from supply chain issues, sending its shares down. WEG's net income fell 19.5% to 912.96 million reais ($168.64 million) in the second quarter, while operating margins missed 2021 levels amid rising raw material costs. The company's shares were down 3.5% at 26.03 reais in morning trading, making it one of the biggest fallers on Brazil's Bovespa stock index, which fell 0.9%.
SAO PAULO (Reuters) -Heavy rainfall in southeastern Brazil has prompted miners including Vale SA to suspend some operations, they said on Monday, after downpours caused deadly floods in the northeast and threatened to delay harvests in the midwest. Rainfall is expected to remain heavy this week in most of top mining state Minas Gerais, after runoff closed roads and railways. In the northeastern state of Bahia, flooding https://www.reuters.com/markets/commodities/christmas-our-dreams-turns-nightmare-brazil-floods-level-homes-2021-12-28 displaced about 50,000 families and killed some two dozen over the holidays.