Brazilian Stock Movers: CCR, Embraer, LLX, PDG Realty, Positivo

The following companies had unusual price changes in Sao Paulo trading. Stock symbols are in parentheses, and prices are as of the close. Preferred shares are usually the most-traded class of stock.

The Bovespa (IBOV) Index rose 1.4 percent to 55,212.69.

PDG Realty SA Empreendimentos e Participacoes (PDGR3 BS), Brazil’s biggest homebuilder, rose 5 percent to 3.78 reais after saying in a regulatory filing that Vinci Partners Investimentos Ltda. offered to invest 800 million reais ($404 million) in the company by issuing warrants that may be convertible into shares and bonds. The offer amounts to 4.02 reais per share, according to the statement.

Positivo Informatica SA (POSI3) (POSI3 BS), Brazil’s biggest computer maker, rose 4.5 percent to 5.81 reais, the biggest gain in a month. Lenovo Group Ltd. (992) may set up a computer production facility in the country to avoid import tariffs, Milko Van Duijl, the company’s president of Asia and Latin America, said in a Wall Street Journal interview.

LLX Logistica SA (LLXL3) (LLXL3 BS), the logistics unit of billionaire Eike Batista’s group, rose 3.4 percent to 2.44 reais after saying in a regulatory filing that it leased an area at its Acu port to Subsea 7 do Brasil Servicos Ltda. The contract represents annual revenue of about 21 million reais during the next 10 years.

Embraer SA (EMBR3) (EMBR3 BS), the world’s fourth-largest airplane builder, advanced 3.1 percent to 14.70 reais, the most in a month, on speculation the merger of Brazilian carriers Azul Linhas Aereas Brasileiras SA and Trip Linhas Aereas SA will boost sales. Azul and Trip announced today they will join their operations in a holding known as Azul Trip SA.

Cia. de Concessoes Rodoviarias SA (CCRO3 BS), Brazil’s biggest toll-road operator, gained 2.3 percent to 15.22 reais. The company said in a regulatory filing it agreed to buy a stake in Ecuador’s Quito International Airport for $140 million.

To contact the reporter on this story: Denyse Godoy in Sao Paulo at dgodoy2@bloomberg.net

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

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