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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?


To: DewDiligence_on_SI who wrote (489)9/13/2011 6:06:47 AM
From: elmatador  Respond to of 2519
 
With the crisis in euro area, European companies have turned to Brazil and invested $ 23.4 billion in the country from January to July.

(machine translated)

The democratic stability in Brazil generates comparative advantage over other BRIC countries, still made by Russia, China and India, according to Paul Vincent, professor of strategy at Fundação Dom Cabral. "Many are afraid to be overinvested in China, due to the instability of the country, at some point they will stop growing and be divided in other countries due to separatist movements," he said. "Comparatively speaking, corruption is lower here." FDI in Europe in the first seven months of this year, at a discount of resources sent via Luxembourg, a financial center, already exceed the volume of the past year, according to Central Bank data. The institution does not perform the exchange of data by country of origin and destination sector in Brazil, because it could compromise the commercial confidentiality of some companies with large volumes of investments.

According to Central Bank sources heard by the state, Europeans invest in a diversified economy, with no concentration in one or another segment. This year, 13 sectors received more than $ 1 billion in European investment, energy, retail, food, mining, metallurgy, oil and gas, nonmetallic minerals, insurance, metallurgy, pharmaceuticals, computer equipment, education and infrastructure. Companies such as Orange, Louis Vuitton, Casino, Publicis, Citroen, Shell part of the list of new investments this year

"Are you prepared to pay a director of a subsidiary in Brazil higher salary than the president of the company's headquarters?" The question summarizes the high cost of doing business in the country at a time of high inflation and currency valued. "The Spaniards fall of the chair, but still decide to invest," says Nuria Pont, executive director of the Official Spanish Chamber of Commerce.

Source: O Estado de São Paulo



To: DewDiligence_on_SI who wrote (489)9/26/2011 11:32:29 PM
From: elmatador1 Recommendation  Respond to of 2519
 
Brazil's Vale proposes record dividend in 2011

Vale to pay $9 bln in dividends this year * Board to decide on next dividend Oct.14

RIO DE JANEIRO, Sept 26 (Reuters) - Brazilian mining giant Vale ( VALE5.SA)( VALE.N) said on Monday that management has proposed to boost dividend payments to a record $9 billion this year.

The world's No.2 miner already paid $6 billion in dividends this year. It now proposed to the board of directors a dividend increase of $1 billion on top of an already announced $2 billion, the company said in a statement.

The $9 billion this year would be the largest in its history and three times last year's amount.

The board will study and decide on the proposal that would pay the equivalent of $0.579472982 per share at a meeting on Oct.14, the company said.

In addition, Vale is buying back shares worth up to $3 billion through November 25.

"Returning up to $12 billion to shareholders reflects our commitment to optimize capital allocation and maximize shareholder returns," the company said.

Preferential shares in Rio de Janeiro-based Vale fell 1.22 percent on Monday to 40.5 reais.

(Reporting by Juliana Schincariol; Writing by Raymond Colitt; Editing by Alonso Soto and Bob Burgdorfer)