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Ibovespa Falls Most in Week as Retail Data Pushes Hering Lower

The Ibovespa fell the most in a week as Cia. Hering led retailers lower after a report showed the industry’s sales trailed estimates in March.

Phone company Oi SA dropped to a record low after reporting a second consecutive quarter of declining revenue. Brasil Pharma SA plunged after its loss widened from a year earlier. Homebuilder MRV Engenharia & Participacoes SA sank as much as