Suzano rises after the conclusion of the megafusion with Fibria; Taurus oversees Bolsonaro decree



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SÃO PAULO – The session is stable for Ibovespa after the maximum renewal index and exceeds 94,000 points the day before. While China has encouraged new stimulus promises and Brazil is considering pro-US pensions, fears about the Brexit vote and waiting for US activity data limiting gains from l & # 39; index.

Among the highlights, Suzano records the biggest gain of the Ibovespa, while Forjas Taurus oversees the Bolsonaro decree.

Petrobras (PETR3; PETR4)

The session focuses on gains for oil through cuts in production of OPEC and Russia, but to the wider environment the global prudence continues to limit the recovery of the company's newspapers.

On the company's radar, she said that she had an interest in exercising the right of pre-emption in 3 blocks of the 6th round of auctions under the production-sharing scheme. The blocks of interest are Aram, North Brava and Southwest Sagittarius, as an operator and with a percentage of 30%.

The amount corresponding to the signing bonus to be paid by the company, since the result of the auction confirms only the participation.

The FUP (Federation nica dos Petroleiros) also filed a civil suit against Petrobras' president, Roberto Castello Branco, for administrative irregularity, due to the appointment of Carlos Victor Nagem as executive director of intelligence and intelligence. company security

According to the trade union movement, Nagem "does not have the qualifications required by the state PCR".

Petrobras maintained unchanged prices for diesel and gasoline in refineries at R $ 1,9484 and R $ 1,4624, respectively.

Suzano (SUZB3)

Suzano Paper and Ce Lulose and Fibria announced the conclusion of the merger between the two companies. The last stage of the transaction took place on Monday, after Suzano paid 27.8 billion rand to Fibria shareholders. As a result of this merger, a global giant was created with a production capacity of 11 million tonnes of pulp and 1.4 million tonnes of paper per year.

In a report, Moody's Investors Service said that Suzano's gross debt could be reduced to 3 times Ebitda (earnings, before interest, taxes, depreciation and amortization) from here. the end of this year.

Still on the company's radar, Bradesco BBI recommended the purchase of the company's shares following the conclusion of the transaction with Fibria, estimating a price target of R $ 60 – which represents a potential benefit of [

Bull Weapons (FJTA3; FJTA4)

President Jair Bolsonaro signs today the decree facilitating the possession of weapons.

The text will regulate the possession of firearms in the country, one of the main campaign promises of the President of the Republic.

The decree refers exclusively to the possession of weapons. The carrying of a firearm, that is to say the right to walk with the rifle in the street or in the car, will not be included in the text. It is expected that it will be easier to obtain a license to keep weapons at home. The details of the decree, however, have not been disclosed by the Civil House.

Last week, the president met with parliamentarians and told them about the reduction in the number of firearms owned. MP Alberto Fraga (DEM-DF) stated that Bolsonaro had the intention to remove from the Federal Police (FP) delegate the decision to grant the license solely on the basis of the applicant's justification.

Vale (VALE3)

Vale follows the Chinese news with humor. The Chinese government has reiterated today that it will intensify its efforts to revive its economy after releasing much lower than expected foreign trade figures.

China's economic leaders today pledged to lower taxes, increase infrastructure spending and improve economic conditions. Small business credit as part of a strategy to tackle the country's biggest economic downturn since the 2008 financial crisis.

Cade said that in the radar of the mining company, Cade has approved unrestricted acquisition of control by Vale de São Bento, São Galvão and Santo eloy, currently owned by FIP companies Salus and Ventos de São Januario.

The plaintiffs claim that the transaction is a "good opportunity for Vale to expand its power generation badets, particularly in the wind power generation sector".

Sanepar (SAPR11)

Sanepar announced that the company's chief investment officer, Joel de Jesus Macedo, would accumulate finance and investor relations leadership until the election of new incumbents. Klabin (KLBN11)

Klabin is negotiating a US $ 1.1 billion bank loan for the 5-year term. According to the newspaper Valor Econômico, the goal is to refinance liabilities. The cost of the operation will be 1.35% plus the Libor rate and will be divided into two lines: one of 600 million US dollars by prepayment to export and l 39; other of a revolving credit of 500 million US dollars.

19659005] The Brazilian government is trying to convince the European Union not to overload Brazilian steel. According to the O Globo newspaper, the European Union says that local industries suffer from competition from imported products and has announced its intention to apply safeguard measures to all exporting countries.

Hii (HGTX3)

Oi said in a statement that his annual general meeting would be held on April 30.

Hering (HGTX3)

Hering achieved fourth quarter sales performance in 2018 and recorded a 13% increase in same-store sales. The number of stores increased from 799 in 2017 to 761 in 2018.

Despite the increase in sales in the same stores, the company remained in negative territory for consolidated sales, registering a 1.4% drop in sales. net business. For 2018, sales decreased by 1.9% due to: (i) the truckers strike, which mainly affected stores and multi-brand franchisees; (ii) the deterioration of pedestrian traffic during the World Cup period; "

" In our opinion, despite the company's recent efforts to update its collections and improve its in-store operations, we still can not take a more optimistic position on the market. Even if we believe that the results can help Hering, we will expect stronger execution and better earnings momentum before becoming more confident, "according to Brazilian badysts Plural, who recommend equal weighting for HGTX3 badets.

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