Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Multiplan Gains Most in 3 Months as Earnings Beat Estimates

Brazilian real-estate developer Multiplan Empreendimentos Imobiliarios SA advanced after posting better-than-forecast first-quarter earnings.

Multiplan, Brazil’s second-biggest mall operator by market value, jumped 4.2 percent to 34.60 reais at the close of Sao Paulo trading at 4:15 p.m. New York time, the most since Feb. 14. The Bovespa index gained 0.4 percent to 64,876.88.

“Multiplan shares offer a short-term buy opportunity, given better-than-expected first-quarter results” and a “more benign outlook for pre-operational expenses for 2011,” wrote Fanny Oreng and Carlos Peyrelongue, analysts at Bank of America Corp., in a note to clients.

The company reported first-quarter net income of 64 million reais ($40 million), a 34 percent increase from a year before, according to a regulatory filing. Bank of America and Bradesco Corretora had forecast net income of 61 million reais and 58 million reais, respectively.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.