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

Brazil Stock Movers: Gol Linhas Aereas Gains; Embraer, JBS Fall

Dec. 7 (Bloomberg) -- 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 index fell 1.5 percent to 58,662.83.

Gol Linhas Aereas Inteligentes SA (GOLL4 BS) gained 3.6 percent to 15.50 reais. Brazil’s second-biggest airline by market value said Delta Air Lines Inc. agreed to buy a minority stake for $100 million.

Embraer SA (EMBR3 BS), the world’s fourth-largest aircraft maker, dropped 1.7 percent to 11.09 reais. A U.S. corruption probe started more than a year ago in Argentina with government-controlled Aerolineas Argentinas SA’s $700 million purchase of 20 E-190 jets in 2009, Valor Economico newspaper reported today, without saying how it got the information. The U.S. Securities and Exchange Commission is investigating Embraer for possible violation of Foreign Corrupt Practices Act, Embraer said Nov. 2.

JBS SA (JBSS3 BS) declined 2.4 percent to 6.10 reais. Moody’s Investors Service cut the ratings outlook on the world’s biggest beef producer to stable from positive, according to an e-mailed statement.

To contact the reporter on this story: Alexander Cuadros in Sao Paulo at

To contact the editor responsible for this story: David Papadopoulos at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.