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Amazon Marks Its Biggest Expansion In Brazil Since 2012: Reuters
Monday, November 9, 2020 - 3:12am | 351Read More...Amazon Inc (NASDAQ: AMZN) has expanded its e-commerce logistics centers in Brazil to eight, according to a Reuters report on Monday. What Happened: The company has added three new centers in the states of Minas Gerais and Rio Grande do Sul and the capital city of Brasilia....
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Why Growth In Latin America Matters For Netflix
Thursday, January 16, 2020 - 11:34am | 612Read More...The Street is divided over the impact streaming competition will have on Netflix Inc (NASDAQ: NFLX). Netflix will thrive despite a flurry of new entrants, with its success in Latin America offering a preview of potential success in other emerging markets, a Morgan Stanley analyst said Thursday...
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Netflix Analyst Likes Latin America Subscribers, Still Neutral On Stock
Friday, December 20, 2019 - 4:00pm | 404Read More...Netflix Inc (NASDAQ: NFLX) this week reported higher-than-expected subscriber figures in Latin America, but room for more growth in the Asia-Pacific region, Nomura Instinet said. The Analyst Mark Kelley kept a Neutral rating and $330 price target on Netflix. The Thesis Netflix issued an 8-K filing...
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Regional Political Risk Could Be An Issue For This Emerging Market Bond ETF
Friday, November 22, 2019 - 11:30am | 537Read More...Geopolitical volatility is always a consideration when investing in emerging markets, whether the underlying asset is bonds or equities. Latin America is reminding investors of that fact this year and political upheaval in the region could weigh on a popular fixed income exchange traded fund. What...
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Another Emerging Market Banks On Central Bank Help
Wednesday, August 28, 2019 - 10:01am | 490Read More...The iShares MSCI Mexico ETF (NYSE: EWW) is off nearly 3% amid concerns Latin America's second-largest economy is slowing, but like so many other economies around the world, developed and emerging, the central bank there is ready to act. What Happened Banco de Mexico cut rates by 25 basis points...
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COAC Recommends Bill To Boost Imports From Northern Triangle
Friday, August 23, 2019 - 4:29pm | 317Read More...The Commercial Customs Operations Advisory Committee (COAC) Rapid Response Subcommittee on Aug. 21 proposed that Customs and Border Protection (CBP) support a "Northern Triangle Trade and Job Promotion Act" to promote exports of apparel, agricultural products and other regional economic staples to...
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Another ETF Victim Of The Trade Wars
Tuesday, June 4, 2019 - 7:52am | 555Read More...Trade war-related carnage is not limited to U.S. and China equities. Stocks in other countries are being pinched, too, including Mexico. Equities in Latin America's second-largest economy were thumped last week amid news that the White House is targeting Mexico in a new round of new tariffs....
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Aphria Special Committee Concludes LATAM Purchase Was Within 'Acceptable Range'
Friday, February 15, 2019 - 10:11am | 468Read More...Aphria Inc (NYSE: APHA) shares surged Friday morning when a Special Committee vindicated management in its LATAM Holdings acquisition and product quality. A Special Committee examining the assets found the LATAM purchase was “within an acceptable range as compared to similar acquisitions by...
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You Can Ditch Brazil But Keep Latin America With This New ETF
Thursday, November 1, 2018 - 12:36pm | 425Read More...Brazil is Latin America's largest economy. As such, it usually commands the most attention among investors evaluating the region's opportunities. Even supposedly diverse Latin America regional exchange traded funds are heavily allocated to Brazil. A ETF takes a unique approach, offering...
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Stifel Upgrades Latin American E-Commerce Platform Mercadolibre After 'Transitional' Q2
Wednesday, August 22, 2018 - 2:54pm | 438Read More...Latin American e-commerce and payment company Mercadolibre Inc (NASDAQ: MELI) fell short on multiple metrics in its second-quarter report, but the worst is now behind it, according to Stifel. The Analyst Stifel's Scott Devitt upgraded Mercadolibre from Hold to Buy with an...
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Copa Holdings' 15% Decline Is Just The Beginning, Stifel Says In Downgrade
Friday, August 10, 2018 - 9:33am | 397Read More...Latin American airliner Copa Holdings, S.A. (NYSE: CPA)'s stock lost 15 percent through Thursday after the company's second-quarter results and guidance, but Stifel said in a downgrade note that investors should expect even more downside. The Analyst Stifel's Joseph...
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4 Reasons Why JMP Is Bullish On International Money Express
Monday, July 30, 2018 - 4:09pm | 443Read More...The bullish case for International Money Express (NASDAQ: IMXI), a financial technology company that facilitates money transfers from the U.S. to 17 countries in Latin America and the Caribbean, can be made for four reasons, according to JMP. The Analyst Analyst David Scharf initiated...
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5 Worst ETFs Of The First Half: Emerging Markets Pain
Monday, July 2, 2018 - 1:15pm | 1052Read More...The year is half over and at this point, it's accurate to say emerging stocks and the related exchange traded funds are struggling. The widely followed MSCI Emerging Markets Index is off 7.4 percent year-to-date compared to a gain of 2.5 percent for the S&P 500. Of the 20 worst-performing...
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MercadoLibre Downgraded On $53M Hit From Higher Brazilian Shipping Costs
Thursday, March 15, 2018 - 9:41am | 399Read More...Mercadolibre Inc (NASDAQ: MELI), an Argentinian e-commerce company with exposure to multiple Latin America countries including Brazil, faces a negative near-term catalyst that prompted Stifel to downgrade the stock. The Analyst Stifel's Scott Devitt downgraded MercadoLibre's stock...
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MercadoLibre's Fintech Ventures Should Add Value To E-Commerce; JPMorgan Upgrades
Wednesday, February 28, 2018 - 4:40pm | 425Read More...Mercadolibre Inc (NASDAQ: MELI), a Latin America-based e-commerce provider, is well positioned to grow over time from its core marketplace business and initiatives in fintech that are "becoming more relevant," according to JPMorgan. The Analyst JPMorgan's Andre Baggio upgraded...
















