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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.570-4.5%Dec 26 9:30 AM EST

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To: Fred Levine who wrote (9670)11/13/1998 1:37:00 PM
From: jayray  Read Replies (11) of 22640
 
Alert: Stocks rally on IMF deal for Brazil
United Press International - November 13, 1998 12:45

NEW YORK, Nov. 13 (UPI) - Stock prices are sharply higher in moderate
afternoon trading (Friday) on the New York Stock Exchange, lifted by the
IMF bailout package for Brazil and a favorable reading on the economy.

Brazil shrs trim more gains after IMF deal signed
Reuters Story - November 13, 1998 13:03

SAO PAULO, Nov 13 (Reuters) - Brazilian stocks gave up more gains in mid-afternoon trading Friday as investors dumped their positions after the International Monetary Fund (IMF) announced a much-awaited loan package for Brazil…………….

Looks like New York is throwing a party without inviting the guest of honor.
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