Hot Stocks to Track: Banco Bradesco SA (ADR) (NYSE:BBD), Time Warner Inc (NYSE:TWX), First Data Corp (NYSE:FDC)

On Tuesday, Shares of Banco Bradesco SA (ADR) (NYSE:BBD), gain 0.49% to $6.13.

Brazil’s largest private-sector banks, Itaú Unibanco Holding SA and Banco Bradesco SA, want to put the brakes on an initial public offering of a reinsurance company in which they own stakes amid the nation’s worst economic downturn in a quarter century, according to WSJ

The banks on Monday said they have asked the country’s Securities and Exchange Commission, or CVM, to postpone for 60 working days the agency’s analysis of the IPO of local reinsurer IRB-Brasil Resseguros SA.

Itaú and Bradesco have, respectively, a 15% and a 20% stake in IRB-Brasil Resseguros. Competitor state-controlled Banco do Brasil SA is also a stakeholder in the company, which for decades had a monopoly of the reinsurance market in Brazil. The government opened the market to competition in 2007, and privatized the company in 2013. WSJ Report

Banco Bradesco S.A. (the Bank) is a commercial bank. The Bank offers a range of banking and financial products and services in Brazil and abroad to individuals, companies and local and international corporations and institutions. Its products and services comprise banking operations, such as loans and advances and deposit-taking, credit card issuance, purchasing consortiums, insurance, leasing, payment collection and processing, pension plans, asset administration and brokerage services.

Shares of Time Warner Inc (NYSE:TWX), declined -0.47% to $70.19, during its last trading session.

Time Warner Inc. (TWX) declared that its Chairman & Chief Executive Officer Jeff Bewkes will take part in the UBS 43rd Annual Global Media and Communications Conference on Tuesday, December 8, 2015, in New York, NY.

Time Warner Inc. (Time Warner) is a media and entertainment company. The Company operates in three segments: Turner, which comprises of cable networks and digital media properties; Home Box Office, which comprises of domestic premium pay television services, and international premium pay and basic tier television services, and Warner Bros., which comprises of television, feature film, home video and videogame production and distribution of digital and physical home entertainment products.

Finally, First Data Corp (NYSE:FDC), ended its last trade with 1.21% gain, and closed at $16.69.

First Data (FDC), declared that it received a perfect score of 100 percent on the Corporate Equality Index (CEI) for the second straight year. The CEI is a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality that is administered by the Human Rights Campaign Foundation.

“We are proud that First Data has again been designated as a best place to work for LGBT equality by achieving a perfect score on the 2016 CEI,” said Cindy Armine-Klein, Chief Control Officer at First Data. “Each and every day First Data works to foster an environment that encourages our employees to bring their whole selves’ to work, and this designation by the HRC validates those efforts. At First Data we know that building a richly diverse and inclusive workforce is not only the right thing to do, it’s good for business.”

“In this 2016 Corporate Equality Index, hundreds of major businesses responded to our new standards for workplace equality with exceptional leadership. First Data not only meets these standards, it goes above and beyond the call of duty, making commitment to equality a fundamental aspect of its corporate values, said HRC Foundation Workplace Equality Program Director Deena Fidas.

First Data Corporation is a United States-based company, which provides electronic commerce and payment solutions for merchants, financial institutions and card issuers. The Company provides services, counting merchant transaction processing and acquiring; credit, retail, and debit card issuing and processing; prepaid services, and check verification, settlement and guarantee services.

DISCLAIMER:

This article is published by www.stocksnewswire.com. The content included in this article is just for informational purposes only. Stocksnewswire.com takes sensible consideration to ensure that the data given in this article is up to date and accurate. The news, prices, opinions, research, analysis, and other information published in this article are obtained from sources believed to be reliable.

Neither Stocksnewswire.com nor any of Stocksnewswire.com partners make any representation or guarantee as to the fulfillment or precision of the information contained in this article.

Investors must consult their own additional due diligence with any potential investment or highlighted company before making any decision on behalf of information offered by Stocksnewswire.com.

Information contained in this article may contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long-term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.

About Travis Garlick 1822 Articles
Been writing about and trading stocks since 2013. Manage a group of micro-cap investors on Facebook with over 15,000 members. Turned $8,500 into 185k the first year I started trading stocks and haven't looked back.