Petroleo draws 9% and fires Petrobras; Pão de Açúcar and Via Varejo are down 5% with the sale on the market; plus 12 news

Not even the stock market rally in New York and the oil market in the international market were not enough to guarantee a reversal of the Brazilian index. Nevertheless, the closure represented a much more moderate fall than the movement that began to be observed in the intraday . On the equity side, the takeover of Petrobras shares was highlighted. It decreased 2.6% in the morning but ended the day higher than this percentage. In addition to the state-owned company, Marfrig's shares (MRFG3) also posted solid gains, which is a positive benefit for Ibovespa's theoretical portfolio.

In the news of the companies, it should be noted that Eletrobras expects to invest R $ 30.2 billion between 2019 and 2023 and that the Pão de Açúcar group has the following. intends to sell his position in Via Varejo until the market until the end of 2019 when he can not find a buyer for the shares. In addition, the Federal Regional Court of the Third Region again rejected a decision suspending the agreement signed between Embraer and Boeing.

Check out the highlights of the stock market:

Embraer (EMBR3)

A Federal court revoked, at dawn last Saturday, the injunction suspending the court case. agreement between Embraer and Boeing for the second time. In her ruling, Judge Therezinha Cazerta, President of the TRF3 (Federal Regional Court of the 3rd region), said that it is not up to the judiciary to decide on the future of society Brazilian.

"The State Judge Does Not Own"

The agreement provides for the creation of a new law that will allow the creation of a new entity a joint venture of which Boeing will own 80% and Embraer the remaining 20%. The new company is valued at $ 5.26 billion. The company still has to pbad the control of the government, shareholders and regulatory authorities.

Via Varejo (VVAR3)

The group Pão de Açúcar (PCAR4) will abandon its participation Via Varejo, owner of the networks Casas Bahia and Ponto Frio. According to the company reported in last Friday (21), in the event that it does not find a buyer, it will give up its position in the market until the end of 2019. A change announced the presidency of Via Varejo has also been announced – the fourth over five and a half years. Now, Peter Estermann, current CEO of GPA, will badume the role of company commander.

For two years, GPA has been seeking a buyer for the control of Via Varejo. As reported in the newspaper Valor Econômico, besides looking for a strategic investor accounting for 43.3% of the retailer's shares, the group also plans to remove its roles in the market next year. The exit process begins Thursday when 50 million shares will be sold on the stock exchange, which corresponds to 3.86% of the company's capital.

The move could pave the way for Casas Bahia's heir, Michael Klein, to re-influence the management of the company. Although Klein admits privately that he is interested in a new influence on society, the family does not want to increase his share in the capital of Via Varejo. According to the television column of O Estado de S.Paulo now 25.53%, because he wants to avoid the obligation to extend the same conditions d & # 39; Purchase to minority shareholders

According to the appraisal badysts XP Investimentos, the move to the market may exert pressure on the roles. "We view the restructuring of the team as positive, but we recognize that the sale of the majority shareholder to the market, if the company is not sold to a strategic buyer, may generate additional pressure on the role of Via Varejo, in addition to the uncertainty regarding the decision-making with a possible lack of shareholder control, "they observed in a report to customers.

Eletrobras (ELET3)

Eletrobras announced his business plan for the period from 2019 to 2023 and was planning to invest up to R $ 30. , 2 billion, with a production of R $ 16.98 billion and a transmission of R $ 9.55 billion. For the coming year, investments are expected to reach 5.68 billion rubles. It should also be noted the prospect of the company finalizing its divestment program next year and make achievable the completion of the Angra 3 nuclear power plant. The large volume of investments anticipated by the company tends to alarm the market

of BRF (BRFS3) and Minerva (BEEF3)

The shareholders' agreement concluded between VDQ Holdings, parent company of Minerva Foods , and BRF was terminated. As a result, BRF loses its beef supply contract with Minerva. The termination was due to a capital increase of about 1 billion rubles of Minerva. As BRF decided not to subscribe to the new shares of the company, its share rose from 6.7% to 4.04%, which means that the agreement, which required a minimum stake of 6%, was Is no longer valid. 19659018] Gol (GOLL4)

The company's documents are distinguished from the negative movement of the Brazilian market during this trading session. News of the airlines have been disrupted in recent weeks with the request for judicial recovery of Avianca Brazil, the issuance of an interim measure allowing foreign companies to enter 100% of foreign capital and the new of a potential Azul (AZUL4) interest of Avianca Brasil.

When evaluating the badysis team of XP Investimentos, the detachment of Gol may have incorporated a scenario of less competition and further absorption of demand of the competing company, despite the still low visibility of the effects of recent events on the market. "A potential reduction of capacity on the part of the company could have a positive impact on business and potentially more direct on routes with overlapping routes," they noted. Petrobras (PETR3; PETR4)

Oil prices intensified in the afternoon of this year. Wednesday after falling to the lowest level since June 2017 on the eve of Christmas Eve (which resulted in a 1.6% decline in adverse effects of Petrobras on Wall Street). WTI barrels jumped 9.64% to $ 46.63, while Brent barrels jumped 8.74% to $ 54.88, lifting their shares of Petrobras The movement of merchandise follows a reduction of market concerns to the pace of production, after an effort of Allied producers, known as OPEC +, to reduce supply. The idea is to reduce production by 1.2 million barrels a day by 2019, a measure that can be intensified according to what some ministers advocate. : Invest in Clear with ZERO brokerage. Fibria and Suzano (SUZB3)

The board of directors of Fibria revoked the statutory board of the company Marcelo Castelli and Guilherme Cavalcanti respectively general manager and chief financial officer, with a view the expected conclusion of the merger with Suzano.