Your email has been successfully added to our mailing list.

×
0 0 0 0 0.00404858299595133 -0.00404858299595151 -0.00408906882591093 -0.0101214574898785
Stock impact report

Brazilian court orders seizure of emails of bankrupt retailer Americanas [Reuters]

Banco Bradesco Sa American Depositary Shares (each representing one Common Share) (BBDO) 
Company Research Source: Reuters
Judge Andrea Palma of federal court in Sao Paulo earlier this week agreed with a request from Americanas creditor Banco Bradesco SA (BBDC4.SA) asking for the seizure of the emails, citing its belief that "directors, board members, shareholders and auditors allowed a giant accounting fraud to happen." Bradesco in an affidavit said it has loans of 4.7 billion reais ($927 million) with the retailer, which filed for bankruptcy protection earlier this month, days after disclosing nearly $4 billion in accounting inconsistencies. Bradesco said it was seeking evidence for potential litigation against Americanas, its managers, and potentially its controlling shareholders over "abuse of power." Americanas' largest shareholders are the billionaire founders of 3G Capital, Jorge Paulo Lemann, Carlos Alberto Sicupira and Marcel Telles. Americanas said it will wait to be formally notified of the decision to adopt the appropriate measures. Bradesco declined to comment. Any evidence uncovered Show less Read more
Impact Snapshot
Event Time:
BBDO
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
Opt-in for BBDO alerts
Opt-in for
BBDO alerts

from News Quantified
Opt-in for
BBDO alerts

from News Quantified