Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.460

+2.2%

2:22 PM EST

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To: wl9839 who wrote (20987)	6/1/2000 10:06:00 PM
From: wl9839	Read Replies (2) of 22640

Brazil Business Briefs: Unibanco Launches Online Trading Dow Jones Newswires SAO PAULO -- Brazil's third-leading private bank, Uniao de Bancos Brasileiros SA, known as Unibanco (UBB), announced the launch of Home Broker Unibanco, a service through which clients will be able to buy and sell stocks on the Sao Paulo Stock Exchange on-line and in real time. EMC Corp. (EMC) of the U.S. announced that Universo Online Inc., Brazil's leading Internet service provider, will base its entire information infrastructure on an EMC Enterprise Storage Network. Brazil's securities and exchange commission, known as CVM, approved the delisting of shares in White Martins SA (E.WMS) as a result of Praxair Inc.'s (PX) successful tender offer and subsequent purchase of all outstanding shares in the company in early May. Praxair currently owns about 96% of all shares in White Martins, which is the largest industrial gases company in South America.

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