Felipe Casotti

Beer Beats Oil as AmBev Value Rises Toward Top: Corporate Brazil

Brewer Cia. de Bebidas das Americas is climbing the ranks of Brazil’s largest companies by market value as a growing consumer market in the world’s second-biggest emerging economy swells sales of Brahma beer and Guarana soda.

Bovespa Snaps Two-Day Advance as Oil Drop Pushes Petrobras Lower

The Bovespa index fell, snapping a two-day advance, as lower oil prices pushed producer Petroleo Brasileiro SA down amid concern a bailout for Spain’s banks won’t be enough to stop Europe’s crisis from worsening.

Bovespa Fluctuates as Interest-Rate Prospects Offset Petrobras Decline

Brazilian stocks fluctuated from gains to losses after a fall for Petroleo Brasileiro SA offset a signal in central bank minutes that policy makers will end interest-rate increases this year.

Brazilian Stocks Plummet as Economic Growth Concern Overshadows Valuations

The Bovespa index tumbled the most since February amid speculation investors are closing out so- called stop-loss trades as economic growth falters in Brazil and the U.S., offsetting the cheapest valuations in two years.

Brazilian Stocks Advance as Commodities Gain Lifts MMX, Vale

Brazilian stocks rose for the first time in three days as a better-than-expected auction of Spanish debt and improving German investor confidence allayed European debt concerns and lifted commodity prices.

Brazil’s Bovespa Plunges on Memory of 2008 Crisis, Maxima Says

Felipe Casotti, equity manager at Brazil’s Maxima Asset Management in Rio de Janeiro, said the Bovespa stock index’s plunge today is due to investors fearful of a repeat of the losses during the 2008 financial crisis. He helps manage 1.2 billion reais ($760 million) in assets and made the comments in a phone interview.

Bovespa Falls as Producers Decline Amid Global Growth Concern

The Bovespa index fell, extending three weeks of losses, after faster inflation in China and weaker job creation in the U.S. spurred concern that economic growth will slow for Brazil’s two biggest trading partners.

Cheapest Brazil Steelmakers in Year Lure Top Funds on Rousseff

Brazilian steelmakers trading at the cheapest level in a year are luring the nation’s top-performing stock funds on prospects President-elect Dilma Rousseff will take steps to protect the industry from foreign competition.

Bovespa Falls as Santander Brasil Drops on S&P’s Greek Warning

The Bovespa index dropped to a seven-week low as Brazilian banks tumbled on concern the global financial system may be hurt by a worsening credit crisis in Europe after Standard & Poor’s said Greece may have to restructure its debt again.

Bovespa Index Plunges on Brazil Inflation Forecast, European Debt Concern

The Bovespa index dropped the most in five months as rising Italian bond yields stoked concern Europe’s sovereign-debt crisis is deepening and economists covering Brazil’s economy increased their inflation forecasts.

"AmBev is almost a defensive stock, as its sales are not affected significantly by the external crisis."

- Felipe Casotti on Jun 18, 2012

Brazil

Sao Paulo

Rio De Janeiro

Europe

U.S. Stocks Little Changed on Jobless Claims, Home Data

Jobless Claims in U.S. Jump to Highest Level in Six Weeks

WTI Crude Recovers After Falling on Signs of Weaker Fuel Demand

Housing Starts in U.S. Fell in April to Five-Month Low

European Stocks Little Changed Near Highest Since 2008