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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?


To: Steve Fancy who wrote (584)12/17/1997 2:05:00 AM
From: Steve Fancy  Respond to of 22640
 
**** Brazil OKs cellular split-off from Telebras

SAO PAULO, Dec 16 (Reuters) - Brazil on Tuesday formally authorized splitting cellular A Band services from Telebras' (TEL_p.SA) subsidiaries in preparation for the federal holding's privatization next year.

biz.yahoo.com

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almost missed this one, and it's sounds like some of the more exciting news.

sf



To: Steve Fancy who wrote (584)12/17/1997 2:11:00 AM
From: Steve Fancy  Read Replies (1) | Respond to of 22640
 
Brazil shares 3.0 pct higher late in session

SAO PAULO, Dec 16 (Reuters) - Brazilian shares were three percent higher late in Tuesday's session, boosted by strong gains on Wall Street and expectations the government will lower interest rates on Wednesday, brokers said.

biz.yahoo.com