Resources

60 Resources for

incainvest

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Lan Airlines Invests $70 Million to Go Green
IncaInvest.com submits: Chilean Lan Airlines (NYSE:LFL) has announced that they will install winglets on all its Boeing 767-300 Long Range aircrafts. The decision to upgrade its fleet with winglets is a 'green' move, which will help cut the airline's carbon emissons. In addition, the...
Tags: Transport, IncaInvest
External links 2009-04-06
Banco Macro: Trading at Low P/E Levels Despite Strong Earnings
IncaInvest.com submits: The Argentine bank Banco Macro (NYSE:BMA) reported AR$184.1 mln Net Income in 4Q'08, up 9% from 4Q'07 and 13% from the previous quarter. In spite of a strong solvency ratio, with AR$1.8 bln (US$493 mln) in excess capital, which implies a 22.9% capitalization ratio, the company is...
Tags: Emerging Markets, Financial, IncaInvest
External links 2009-03-11
Cencosud's Strong Q4 Growth Due to Penetration of New Markets
IncaInvest.com submits: The Chilean retail chain Cencosud (CSUDF.PK), which operates shopping malls across Chile, Argentina, Colombia, Brazil and Peru, reported 61.7% growth in revenues for 4Q'08, arriving at Ch$1.927 bln (US$3.19 bln at Ch$605/USD). In spite of the strong growth, the Operating Income was in fact down by 5%...
Tags: Retail, Emerging Markets, IncaInvest
External links 2009-03-10
Chile in 2009: Economists Expect a Recession
IncaInvest.com submits: The country has seen dramatic shifts in the economic climate recently, due to the international slowdown. Although Chile's stock market has held up well, 79% out of 70 economists who participated in a recent survey by Diario Financiero said they expect Chile to be in recession in...
Tags: Emerging Markets, IncaInvest
External links 2009-03-09
Citibank to Sell Shares of Redecard
IncaInvest.com submits: Citibank C, which is facing the most serious crisis in its history, will sell its 17% share of the credit and debit card processor Redecard (RDCRL.PK). The bank is in danger of being nationalized by the US government and trying to generate cash in any way possible....
Tags: Financial, IncaInvest, Citigroup Inc.
External links 2009-02-25
America Movil's Q4 Best in Company History
IncaInvest.com submits: Mexico based telecommunications company America Movil AMX saw Total Revenues in the fourth quarter grow by 11.6% year-on-year, arriving at Mx$94.4 bln (US$6.36 bln). Net Income improved 14.5%, to arrive at Mx$16.3 bln (US$1.2 bln). During the quarter, the company added 10.1 mln new subscribers, making it...
Tags: Telecom, IncaInvest
External links 2009-02-20
Petrobras' Plans to Increase Investments
IncaInvest.com submits: Petrobras PBR announced that the company plans to invest US$92 billion in exploration and production over the next five years. The company's goal is to increase total production by 50% by 2013. Exploration and production in pre-salt areas will take up $29 billion of the alotted funds....
Tags: Energy, IncaInvest
External links 2009-02-10
Lan Airlines's 2008 Income Shows 8.9% Improvement from 2007
IncaInvest.com submits: The Chilean Airliner Lan Airlines LFL reported net income of US$117.1 mln for 4Q'08, and US$335.7 mln for the full year 2008, which translates to US$0.99 per share on an annual basis. Income for the full year is an 8.9% improvement from the US$308.3 mln achieved in...
Tags: Emerging Markets, Transport, IncaInvest
External links 2009-02-05
Banco de Chile: Despite Lower Q4 Income, Profit Grew in 2008
IncaInvest.com submits: In spite of lower income in the fourth quarter, Banco de Chile's (NYSE: BCH) Net Income for 2008 increased by 3.3% year-on-year, and arrived at Ch$272 bln, which amounts to US$438.5 mln at the current exchange rate of CLP620/USD, and US$3.33 per ADR. ...
Tags: Emerging Markets, Financial, IncaInvest
External links 2009-02-05
Endesa Chile's Earnings Show 52% Improvement from 2007
IncaInvest.com submits: The Chilean energy company Endesa Chile (NYSE: EOC) reported strong earnings for 2008, with Net Income reaching Ch$443 bln, which equals US$721 mln at CLP614/USD. Endesa's 2008 result is a 52.8% improvement from the Ch$210 bln (US$342 mln) obtained in 2007. The strong...
Tags: Emerging Markets, IncaInvest
External links 2009-02-02
Embotelladora Andina: Profits Grew in 2008
IncaInvest.com submits: Profits for the Chilean soft-drink manufacturer Embotelladora Andina (NYSE: AKO.A) reached Ch$94.8 bln (US$157 mln) in 2008, 6.7% above the 2007 figures. The Operating Result reached Ch$138.7 bln (US$227 mln), a 10.3% increase from 2007. by IncaInvest
Tags: Retail, Emerging Markets, IncaInvest
External links 2009-01-30
Petrobras' Important Gas Discovery in Sao Paulo
IncaInvest.com submits: Petrobras PBR announced the discovery of the presence of a thick column of gas in reserves above the salt layer in the Santos Basin, in the state of São Paulo. The company said that the discovery was made during the drilling of the well...
Tags: Energy, IncaInvest
External links 2009-01-27
Walmart Acquires Largest Chilean Food Retailer, Progress for International Strategy
IncaInvest.com submits: Distribucion y Servicios D&S DYS, a Chile based retail company which operates over 200 stores across the country, in a statement on Friday January 23rd, announced that 58.28% of the company's outstanding shares and ADRs will be taken over by Wal-Mart Stores Inc. WMT. ...
Tags: Retail, IncaInvest, Wal-Mart Stores Inc.
External links 2009-01-26
Ecopetrol's Partnership with Glencore in Cartagena Complicated by Global Crisis
IncaInvest.com submits: Like many other infrastructure projects, the expansion of Cartagena's refinery has not been different and has been subject to strong friction between the state owned Ecopetrol EC and its Swiss partner Glencore, which could delay the expansion of the refinery of Cartagena, which is considered one of...
Tags: Emerging Markets, Energy, IncaInvest
External links 2009-01-22
Credicorp Declines in Q4 Thanks to Madoff and Forex
IncaInvest.com submits: The Peruvian financial services company Credicorp (NYSE:BAP) reported low earnings for the last quarter of 2008, at only US$13.5 mln or US$0.17 per share. This was significantly down from 3Q'08, as well as from 4Q'07, and was in large part the result of negative effects of foreign...
Tags: Financial, IncaInvest
External links 2009-03-12
Increased Oil Prices Result in Record Profits for Petrobras
IncaInvest.com submits: Petrobras's PBR profits rose 58% in 2008. Petrobras announced record profits of US$33,915 billion for 2008, resulting mainly from increased oil prices. The company's net income reached R$284,597 billion last year, up 30% from 2007. Total oil and gas production, including both...
Tags: Energy, IncaInvest
External links 2009-03-13
Mexico's Risk Decreased on Announcement of IMF Credit Line
IncaInvest.com submits: The risk of Mexico, measured through the Emerging Market Bond Index of J.P. Morgan closed at 309 points on Friday, 51 points below March last year. In comparison, the risk of Argentina and Brazil reduced by 94 and 30 points during last...
Tags: Emerging Markets, IncaInvest
External links 2009-04-06
Vale Concludes Colombian Coal Operation Deal
IncaInvest.com submits: The Brazilian mining company, Vale do Rio Doce RIO, confirmed its coal purchase from the Colombian company Cementos Argos. The deal, which was closed in the fourth quarter of 2008 concluded today with Vale purchasing 100% of the company's coal operations for US$305.8 million. Vale acquired two...
Tags: Gold & Precious Metals, IncaInvest
External links 2009-04-02
Wal-Mart to Open 30 New Stores in Brazil
IncaInvest.com submits: US based retail giant Wal-Mart WMT plans to invest $450 million reales in Brazil with the opening of 30 new stores in the Northeast of the country this year. Currently the company operates 138 stores in the nine northern states of the country. This project...
Tags: Retail, IncaInvest, Wal-Mart Stores Inc.
External links 2009-04-02
Mexico Takes Loan from IMF to Guard Against Economic Downturn
IncaInvest.com submits: According to the FT, Mexico said on Tuesday that it would take a loan from the IMF in the amount of US$40bn as a measure against the current global downturn and to support its currency. Currently, the Mexican central bank has reserves of US$30bn. The president of...
Tags: Emerging Markets, IncaInvest
External links 2009-04-02
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