Lisbon Informer

Soares da Costa Jumps on Angola Interest Report: Lisbon Mover “There is talk about Angolans taking a stake in Soares da Costa,” said Jose Novo, a trader at Orey iTrade in Lisbon. To contact the reporter on this story: Henrique Almeida in Lisbon at halmeida5@bloomberg.net. To contact the editor responsible for … Full News here [...]

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Mota-Engil Drops After CEO Jorge Coelho Steps Down: Lisbon Mover Mota-Engil SGPS SA (EGL), Portugal's biggest construction company, fell the most in more than a week in Lisbon after Chief Executive Officer Jorge Coelho stepped down for personal reasons. The stock dropped as much as 6 percent to 1.78 euros, the … Full News here [...]

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Cofina Extends Gains Before Joining PSI-20 Index: Lisbon Mover Cofina has almost doubled since the NYSE Euronext Lisbon exchange announced on Aug. 29 that the publisher would join the index. Cofina, founded in 1995, has five newspapers, including financial daily Jornal de Negocios, and nine magazines in Portugal … Full News here – Read more [...]

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Cofina Gains After Revenue Beats Analyst Estimates: Lisbon Mover Cofina SGPS SA (CFN), a Portuguese newspaper publisher, rose as much as 11 percent in Lisbon trading after reporting revenue that beat analysts' estimates. The stock climbed as much as 5 cents to 49 cents as of 10:51 a.m. in the Portuguese capital. Full News here [...]

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Brisa Drops as Tagus Not Obliged to Buy More Stock: Lisbon Mover Brisa-Auto Estradas de Portugal SA, the country's biggest highway operator, dropped the most since at least 1997 in Lisbon as Tagus Holdings Sarl wasn't obliged to buy the remaining shares. Brisa shares fell 15 percent to 2.32 euros at the close of … [...]

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Galp Energia SGPS SA (GALP), Portugal’s biggest oil company, rose to the highest in almost three months in Lisbon after announcing a “giant natural-gas discovery” in an offshore block in Mozambique in which it holds a stake. Galp climbed 3 … Full News here – Lisbon – Bing News

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Banco BPI SA (BPI), Portugal’s fifth- biggest bank, rose 4.2 percent in Lisbon trading after reporting higher first-half profit and an improvement in its capital ratio. The stock climbed 2 euro cents to 50.1 cents in the Portuguese capital … Full News here – Lisbon – Bing News

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Banco Espirito Santo SA (BES), Portugal’s biggest publicly traded bank by market value, fell as much as 3.7 percent in Lisbon trading after reporting a drop in first- half profit. The stock declined as much as 1.9 cents to 49.7 euro cents, and … Full News here – Lisbon – Bing News

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Banco Comercial Portugues SA (BCP), Portugal’s second-biggest bank, fell to the lowest in a week in Lisbon trading after posting a loss on impairments related to the sovereign-debt crisis. The stock fell as much as 3.2 percent to 9 euro cents … Full News here – Lisbon – Bing News

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Banco BPI SA (BPI), Portugal’s fifth- biggest bank, rose as much as 3.1 percent in Lisbon trading after reporting higher first-half profit and an improvement in its capital ratio. The stock climbed as much as 1.5 euro cents to 49.6 cents, and … Full News here – Lisbon – Bing News

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Jeronimo Martins SGPS SA (JMT), Portugal’s biggest retailer by market value, dropped to the lowest in almost 10 months in Lisbon trading after reporting earnings that missed analysts’ estimates as Polish consumption weakened. The stock fell … Full News here – Lisbon – Bing News

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Banco BPI SA (BPI), Portugal’s fifth- biggest bank, advanced the most in more than a week in Lisbon trading after Fitch Ratings raised the bank’s viability rating, citing the nation’s plan to shore up lenders. The stock climbed as much as … Full News here – Lisbon – Bing News

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Brisa-Auto Estradas de Portugal SA advanced to the highest level in almost four months after Tagus Holdings Sarl registered its bid for Portugal’s biggest toll- road operator. The stock climbed as much as 2.9 percent to 2.728 euros, the … Full News here – Lisbon – Bing News

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Banco BPI SA (BPI), Portugal’s fifth- biggest bank, advanced the most in more than a week in Lisbon trading after Fitch Ratings raised the bank’s viability rating, citing the nation’s plan to shore up lenders. The stock climbed as much as … Full News here – Lisbon – Bing News

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