Sr. Correspondent, Broker Research, Bangalore, India
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Oct 28, 2014
Oct 27, 2014
Oct 27, 2014
Oct 27, 2014

Traders cut losses in Brazil companies after Rousseff win

NEW YORK, Oct 27 (Reuters) – Traders who had placed bullish
bets on some of Brazil’s biggest companies ahead of the
country’s presidential elections hastened to cut losses on
Monday, a day after leftist Dilma Rousseff won a second term.

President Dilma Rousseff’s narrow re-election victory over
pro-business rival Aecio Neves on Sunday sent the U.S.-listed
shares of Brazilian companies sharply lower on Monday as
investors remained skeptical about her ability to turn around a
troubled economy.

Oct 27, 2014
Oct 24, 2014
Oct 24, 2014
Oct 24, 2014
Oct 24, 2014

Well-timed bullish option bets seen in Digital River weeks before deal

NEW YORK (Reuters) – Well-timed bullish options bets on Digital River Inc (DRIV.O: Quote, Profile, Research, Stock Buzz) were placed about two weeks before the e-commerce services company said on Friday it would be taken private.

Digital River’s stock rose 48 percent to $25.75 on Friday, a day after the Minnesota-based company said it entered into an agreement to be bought by an investor group led by Siris Capital Group LLC for $26 a shares.

    • About Saqib

      "Saqib Ahmed is an options correspondent working with the Markets team in New York. He previously led the Reuters Broker Research team in Bangalore. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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