Brazilian Stock Movers: All America, Embraer, Helbor, Tim

The following companies had unusual price changes in Sao Paulo trading. Stock symbols are in parentheses and prices are as of the close at 3 p.m. New York time. Preferred shares are usually the most-traded class of stock.

The Bovespa stock index rose 0.3 percent to 70,940.22.

ALL America Latina Logistica SA (ALLL3 BS) increased 3.3 percent to 15.25 reais. The company said flooding in Sao Paulo state isn’t affecting its operations even as it diverts some trains, according to an e-mailed statement.

Banco Panamericano SA (BPNM4 BS) gained 3.6 percent to 4 reais. The Brazilian bank that was bailed out with a 2.5 billion reais ($1.5 billion) loan last year will publish third-quarter earnings by Jan. 31, according to a regulatory filing.

Embraer SA (EMBR3 BS) jumped 10 percent to 13.50 reais, the highest price since September 2008. Goldman Sachs Inc. added the world’s fourth-largest airplane maker to its “Americas conviction buy” list, according to a report published today.

Helbor Empreendimentos SA (HBOR3 BS) declined 1.5 percent to 20.10 reais. The real-estate company reported fourth-quarter contracted sales of 310.1 million reais ($184.2 million), down 17 percent from the same period last year, according to a regulatory filing.

Telecommunications companies gained after shareholders of Tele Norte Leste Participacoes SA, the parent company of Brazil’s biggest phone company known as Oi, approved the takeover of Invitel SA, according to a regulatory filing yesterday. Invitel controls Brasil Telecom Participacoes SA.

Tele Norte Leste (TNLP4 BS) advanced 2.6 percent to 27 reais, the highest price since July 28.

Tim Participacoes SA (TCSL4 BS), the Brazilian unit of Italy’s largest phone company, climbed 3.9 percent to 6.14 reais, the highest value since March 2008.

Petroleo Brasileiro SA (PETR4 BS) advanced 0.9 percent to 27.55 reais. The Brazilian state-run company’s increased revenue from oil production will fund most of its $224 billion five-year investment program and limit borrowing needs, Chief Financial Officer Almir Barbassa said in an interview.

To contact the reporter on this story: Camila Russo in New York at crusso15@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

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