Brazilian Stock Movers: Anhanguera, DASA, JBS, Vale Decline

The following companies had unusual price changes in Sao Paulo trading. Stock symbols are in parentheses and prices are as of 4:15 p.m. New York time. Preferred shares are usually the most-traded class of stock.

The Bovespa Index fell 0.6 percent to 54,323.61.

Anhanguera Educacional Participacoes SA (AEDU3) (AEDU3 BS) plunged 11 percent to 24.95 reais. Brazil’s largest education company by market value said second-quarter net income fell 10 percent to 8 million reais ($5 million), from 8.9 million reais a year earlier, according to a regulatory filing. Analysts had forecast net income of 29.2 million reais on an adjusted basis, according to the average of five estimates compiled by Bloomberg.

Diagnosticos da America SA (DASA3) (DASA3 BS) dropped 6.2 percent to 16.65 reais. The medical-diagnostics firm known as Dasa was cut to “neutral” from “buy” at Banco BTG Pactual SA, which cited “weak” second-quarter earnings in a note to clients.

JBS SA (JBSS3) (JBSS3 BS) tumbled 3.3 percent to 4.12 reais. The world’s biggest beef producer reported a second-quarter net loss of 180.8 million reais, down from a 3.7 million reais net profit one year earlier, according to a regulatory filing.

Vale SA (VALE3) (VALE5 BS) fell 0.3 percent to 39.75 reais. The world’s largest iron-ore producer declined as metal prices slid on concern about the outlook for demand after the euro-area economy expanded at the slowest pace in two years.

To contact the reporter on this story: Ney Hayashi in Sao Paulo at ncruz4@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos in New York at papadopoulous@bloomberg.net

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