
Inter Surges Most in Two Years After Profit Jump, BTG Upgrade
Second-quarter profit surged 49%, the company said Wednesday, topping analysts' estimates. The shares gained as much as 13%, the biggest intraday increase since July 2023.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
35 minutes ago
- Yahoo
Brazil cosmetic maker Natura swings to profit in Q2
SAO PAULO (Reuters) -Brazilian cosmetic maker Natura posted on Monday a second-quarter net profit of 195 million reais ($35.8 million), reversing a 859 million real net loss from the same period last year. Core earnings, as measured by recurring earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 795.6 million reais, up 4.5% year-on-year. In the earnings report, the company said it reclassified Avon International and Avon CARD as assets kept for sale. ($1 = 5.4421 reais)


Bloomberg
an hour ago
- Bloomberg
Asian Stocks Look Subdued Ahead of US Inflation: Markets Wrap
Asian stocks were poised for a subdued open, weighed down by a risk-off mood on Wall Street ahead of a key inflation report likely to shape the Federal Reserve's path on interest rates. Equity futures signaled losses in Hong Kong and Sydney, while Tokyo looked set to rise as markets reopen after a holiday. US stocks lost steam on Monday after climbing to the brink of all-time highs. Treasuries fluctuated and the dollar rose.


Bloomberg
2 hours ago
- Bloomberg
Argentina's Peso Debt Yields Soar to Record Ahead of Key Auction
Yields on the Argentine government's short-term notes soared to record highs Monday, just two days before the Treasury faces an auction that will help gauge investor appetite ahead of crucial midterm elections in October. The yield on Lecap notes maturing Sept. 12 jumped to 65%, its highest level since the instrument was first issued a year ago and up from 46% at the start of August, according to data compiled by Bloomberg. Interest rates on other Lecaps also jumped.