Skip to content
Subscriber Only
Business
Economics

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