Mercedes Benz Brazil to invest 1.4 billion reais for new trucks, but exports still weak [Reuters]
Last ambev sa ads earnings: 2/28 04:00 pm
Check Earnings Report
US:NYSE Investor Relations: ri.ambev.com.br/mobile/default_mobile.asp?idioma=1&conta=44
Mercedes Benz Brazil to invest 1.4 billion reais for new trucks, but exports still weak - Reuters 2 Min Read SAO BERNARDO DO CAMPO, Brazil (Reuters) - The Brazil unit of Mercedes Benz, the local market leader in trucks and buses, said on Tuesday it will invest 1.4 billion reais ($340 million) to launch of a new line of trucks as it expects the domestic market to grow in 2020, even if exports could fall. “Argentina is our biggest export market, and it showed signs of recovery in the last two months but it is going to fall again from now on, that is clear,” said Philipp Schiemer, president of Mercedes Benz for Brazil and Latin America. The investment is part of a previously announced package that should total 2.4 billion reais ($582.6 million) until 2022. Schiemer told reporters at the Mercedes Benz factory in Sao Bernardo do Campo, an industrial suburb of Sao Paulo, that exports for Brazil-made trucks and buses now account for less than 30% of its production, while at its peak it accou
[Read more]
| Impact snapshot | Event time: | ABEV | ||||
|---|---|---|---|---|---|---|
|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
Performance comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last price | ||
| VWAP | ||
|
High:
|
Max up |
High:
|
|
Low:
|
Max down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event Day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance Since Event
Time and Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
SIGN UP TODAY
Opt-in for
ABEV alerts
ABEV alerts
from News Quantified
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ABEV alerts
High impacting Ambev SA ADS news events
Weekly update
A roundup of the hottest topics
ABEV
News
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) was downgraded by analysts at Zacks Investment Research from a "hold" rating to a "sell" rating.MarketBeat
- Ambev SA. (ABEV) CEO Jean Jereissati on Q4 2020 Results - Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- With no Carnival party in Brazil, vendors lose year's biggest payday [Reuters]Reuters
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) had its "underperform" rating re-affirmed by analysts at Bradesco Corretora.MarketBeat
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) was upgraded by analysts at HSBC Holdings plc from a "hold" rating to a "buy" rating.MarketBeat
- More
ABEV
SEC Filings
- 2/25/21 - Form 6-K
- 2/25/21 - Form 6-K
- 2/25/21 - Form 6-K
- ABEV's page on the SEC website
- More