Intelbras, a leading Brazilian technology and electronic security company, released its third-quarter 2024 financial report. The firm showed resilience in the face of economic challenges. Intelbras reported a net profit of R$130.2 million ($23.25 million), marking a 17.8% increase from the previous year. The company’s net revenue reached R$1.24 billion ($221.43 million). This reflects a […]
Related Posts
Petrobras Weathers Dividend Cut and Market Value Drop
On March 8, 2024, Petrobras experienced a significant loss in market value, dropping R$55.3 billion ($11 billion) within a day. This downturn was triggered by the announcement that lower dividends would be issued for the fourth quarter of 2023. This decision led to a notable decrease in stock values, with PETR3 falling by 10.37% and […]
CBF Suspends Brazilian Championship Rounds Due to Flooding
The CBF suspended the next two rounds of the Brazilian Championship due to severe flooding in Rio Grande do Sul. Fifteen Serie A clubs formally requested the temporary suspension, including Atlético-GO, Atlético-MG, Athletico-PR, Criciúma, Cruzeiro, Cuiabá, Bahia, Juventude, Vitória, Fluminense, Fortaleza, Grêmio, Botafogo, Internacional, and Vasco. However, São Paulo, Palmeiras, Red Bull Bragantino, Corinthians, and […]