OIBR News 1.18 Oi S.A. Ads (OIBR)
Post# of 273310
Posted On: 04/20/2014 11:13:02 PM
Oi S.A. Ads (OIBR) 1.18 $OIBR
Oi S.A. - Communication to the Market
PR Newswire - Thu Apr 03, 3:37PM CDT
Oi S.A. ("Oi", BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) hereby announces to its shareholders and the market in general that it filed the preliminary prospectus supplement relating to the Offering (as defined below) with the U.S. Securities and Exchange Commission on the date hereof. The Offering may initially consist of 1,917,028,657 common shares and 3,834,057,315 preferred shares, totaling 5,751,085,972 shares, including shares in the form of American Depositary Shares, represented by American Depositary Receipts (the "Offering"
. The number of shares initially offered, not considering the exercise of the Hot Issue (defined below), may be increased, at the option of the lead coordinator, by up to 15%, or 287,554,298 common shares and 575,108,597 preferred shares, totaling 862,662,895 shares, in order to fulfill subsequent demand for the Offering (the "Over-Allotment Option". Finally, the number of shares initially offered, not considering the exercise of the Over-Allotment Option, may be increased, at the Company's discretion, in agreement with the joint bookrunners of the Offering, by up to 20%, or 383,405,731 common shares and 766,811,463 preferred shares, totaling 1,150,217,194 shares (the "Hot Issue".
Oi S.A. - MATERIAL FACT
PR Newswire - Thu Apr 03, 9:18AM CDT
Oi S.A. ("Oi" or the "Company", BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) in accordance with article 157, paragraph 4 of Law No. 6,404/76, pursuant to CVM Instruction No. 358/02 and in furtherance of the Material Facts released on October 2, 2013, February 10, 2014 and February 20, 2014, as well as the Notices to Market released on February 10, 2014 and March 17, 2014, notifies its shareholders and the market in general as follows.
Oi S.A. - Material Fact
PR Newswire - Wed Apr 02, 9:35AM CDT
Oi S.A. ("Oi" or the "Company", BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) in accordance with article 157, paragraph 4 of Law No. 6,404/76, pursuant to CVM Instruction No. 358/02 and in furtherance of the Material Facts released on October 2, 2013 and February 20, 2014, notifies its shareholders and the market in general that, in a meeting held on April 1, 2014, the Board of Directors of the Company approved, among other things, the maximum number of share that may be issued in the primary offering of common and preferred shares of Oi, whose request for registration is being analyzed by the CVM (the "Offering".
Oi S.A. - MATERIAL FACT: Revocation of Suspension of Public Offering
PR Newswire - Wed Apr 02, 6:58AM CDT
Oi S.A. ("Oi" or the "Company", BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C), in compliance with article 157, paragraph 4 of Law No. 6,404/76 and CVM Instruction No. 358/02 and, in addition to the Material Fact dated as of March 27, 2014, notifies its shareholders and the market in general that as of the date hereof, Oi received the Official Letter No. 153/2014 from the Brazilian Securities Commission (Comissao de Valores Mobiliarios - CVM) ("CVM", whereby the CVM informed Oi of the revocation of the suspension of Oi's public offering, whose request for registration is under review by the CVM (the "Offering".
Oi S.A. - NOTICE TO THE MARKET: Transference of 2,007 Telecommunications Mobile Towers
PR Newswire - Mon Mar 31, 5:32PM CDT
Oi S.A. ("Oi" - BM&FBOVESPA: OIBR3 and OIBR4 / NYSE: OIBR - in accordance with the Material Fact dated December 3, 2013, hereby discloses to its shareholders and the market in general that on March 31, 2014, it concluded, through its subsidiaries Telemar Norte Leste S.A. ("Telemar" and BRT Servicos de Internet S.A. ("BRTSI", and together with Telemar, the "Sellers", the transfer to SBA Torres Brasil Ltda. (the "Buyer" of shares representing 100% of the capital stock of a company controlled by the Sellers that owns 2,007 mobile telecommunications towers (the "Transaction", in exchange for the total aggregate amount of R$1,525,000,000.00.
Oi S.A.: MATERIAL FACT - Suspension of the Public Offering
PR Newswire - Thu Mar 27, 8:20PM CDT
Oi S.A. ("Oi" or the "Company," BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C), in accordance with article 157, paragraph 4 of Law No. 6,404/76 (the "Brazilian Corporations Law" and CVM Instruction No. 358/02, notifies its shareholders and the market in general that as of the date hereof, Oi received from the Brazilian Securities and Exchange Commission ("CVM" Official Letter No. 129/2014, in which it was informed of the suspension, for a term of up to 30 days, of the public offering of common and preferred shares of Oi, whose request for registration is being analyzed by the CVM. The CVM stated that this decision is a result of the publication of "media articles published yesterday on the websites Exame.com, R7 Noticias and Estadao.com.br."
Oi S.A.: MATERIAL FACT - Result of the General Shareholders' Meeting and ANATEL Approval
PR Newswire - Thu Mar 27, 8:20PM CDT
Oi S.A. ("Oi" or the "Company," BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C), in accordance with article 157, paragraph 4 of Law No. 6,404/76 (the "Brazilian Corporations Law" and CVM Instruction No. 358/02, and in furtherance of the Material Facts dated as of October 2, 2013, February 20, 2014 and March 26, 2014, notifies its shareholders and the market in general that, at an extraordinary general shareholders' meeting held on the date hereof, the shareholders of Oi approved:
4 Big Tech Stocks on Traders' Radars
at The Street - Wed Mar 26, 1:10PM CDT
Here's a look at how some of the most active stocks on the market today are trading technically.
Why Oi SA (OIBR) Stock Is Down Today
at The Street - Wed Mar 26, 12:02PM CDT
Oi SA (OIBR) shares dropped 6 to $1.41 in trading Wednesday
Oi S.A.: Material Fact - Decision Issued by the Collegiate of the Brazilian Securities and Exchange Commission ("CVM"
PR Newswire - Wed Mar 26, 10:00AM CDT
Oi S.A. ("Oi" or the "Company", BM&FBovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) in accordance with article 157, paragraph 4 of Law No. 6,404/76 (the "Brazilian Corporations Law" and CVM Instruction No. 358/02, and in furtherance of the Material Facts dated as of October 2, 2013 and February 20, 2014, notifies its shareholders and the market in general that as of the date hereof, Oi became aware of the decision issued by the Collegiate of the Brazilian Securities and Exchange Commission ("CVM" regarding the appeal filed by Oi in connection with (i) the exercise of voting rights in relation to the agenda of the general shareholders' meeting called for March 27, 2014 regarding the valuation report of assets to be contributed by Portugal Telecom SGPS, S.A. ("Portugal Telecom" and (ii) the possibility of exercising of withdrawal rights by Oi's common shareholders dissenting from the resolution regarding the merger of Oi's shares by Telemar Participacoes S.A. ("CorpCo", subject to approval at a shareholders' meeting in the future.
Why Oi SA Is Higher Today
at The Street - Mon Mar 24, 12:32PM CDT
Shares of Oi SA (OIBR) are up 6.25% today to $1.53 as a group of five banks agreed to support plans by the Brazilian telecom firm to raise billions in new capital, guaranteeing that they will buy above 50% of the shares to be offered.
Equities Updates, Most Active -- Research on Inovio Pharma, Oi S.A., GameStop, and Banco Bradesco
PR Newswire - Wed Mar 19, 7:00AM CDT
The trading session on Tuesday, March 18, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,336.19, up 0.55% and the NASDAQ Composite closed at 4,333.31, up 1.25%. The S&P 500 finished the session 0.72% higher at 1,872.25. The gains were broad based as nine of ten sectors ended the session in positive. During the session healthy gains in the Information Technology, Health Care, and Energy sectors positively impacted the broader market. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Inovio Pharmaceuticals Inc. (AMEX: INO), Oi S.A. (NYSE: OIBR), GameStop Corp (NYSE: GME), and Banco Bradesco S.A. (NYSE: BBD). Free technical research on INO, OIBR, GME and BBD can be downloaded upon signing up at:
Oi S.A.: Notice to the Market - Annual Report Filed With the SEC on Form 20-F
PR Newswire - Tue Mar 11, 6:27PM CDT
Oi S.A. (BOVESPA: OIBR3, OIBR4; NYSE: OIBR.C, OIBR) (the "Company" announces that its Annual Report on Form 20-F for the year ended December 31, 2013 was filed with the United States Securities and Exchange Commission, or SEC, on March 11, 2014. The report can be directly accessed at the SEC's website (www.sec.gov) or on our website (www.oi.com.br/ir).
Oi S.A.: Call Notice - Extraordinary General Shareholders' Meeting
PR Newswire - Fri Feb 21, 7:31AM CST
The Board of Directors of Oi S.A. (the "Company" - BM&FBOVESPA: OIRBR3 and OIBR4 / NYSE: OIBR - calls the shareholders of the Company to attend the Extraordinary General Shareholders' Meeting, to be held on March 27, 2014, at 10:00 a.m., at the Company's headquarters, located at Rua do Lavradio No. 71, Centro, in the City and State of Rio de Janeiro, to decide on the following Agenda:
Oi S.A. - MATERIAL FACT: Consolidation of the Activities and Businesses of Oi and Portugal Telecom
PR Newswire - Thu Feb 20, 3:03AM CST
Oi S.A. ("Oi" or the "Company", Bovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) and Telemar Participacoes S.A. ("CorpCo", in accordance with article 157, paragraph 4 of Law No. 6,404/76 (the "Brazilian Corporations Law" and CVM Instruction No. 358/02, notifies their shareholders and the market in general of the previously informed transaction of the combination, in one entity, of the activities and business operations of Oi in Brazil and Portugal Telecom, SGPS, S.A. ("Portugal Telecom" in Portugal and Africa, consolidating the industrial alliance between Oi and Portugal Telecom, initiated in 2010 and developed since that time, and combining the shareholder bases of Oi, Portugal Telecom and CorpCo (the "Transaction".
Oi S.A. - Material Fact - Clarifications Regarding Press Article
PR Newswire - Mon Feb 10, 4:45AM CST
Oi S.A. ("Oi" or the "Company", BM&FBovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C), in compliance with the provisions of art. 157, 4 of Law No. 6,404/76 and in accordance with CVM Instruction No. 358/02, considering the share price movements observed on February 7, 2014 in Oi's shares and recent news articles from the press in connection with the formation of a company that will consolidate the shareholder bases of Oi, Portugal Telecom, SGPS S.A. ("Portugal Telecom" and Telemar Participacoes S.A. ("TmarPart", as disclosed in the material fact dated October 2, 2013 and subsequent material facts ("Transaction" hereby informs its shareholders and the market in general the following.
Sprint Corporation (S) Worth Watching: Stock Rises 8.4% Higher - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Feb 06, 8:25AM CST
Sprint Corporation was a big mover last session, with shares rising over 8%.
Oi S.A. : Material Fact - CADE's approval of the consolidation of the activities and businesses of Oi and Portugal Telecom
PR Newswire - Thu Jan 30, 5:00PM CST
Oi S.A. ("Oi" - BM&FBOVESPA: OIRBR3 and OIBR4 / NYSE: OIBR - informs its shareholders and the Market in general that the Administrative Council for Economic Defense (Conselho Administrativo de Defesa Economica), ("CADE", the Brazilian antitrust regulator, has approved, without restrictions, the transaction subject of the Material Fact dated October 2, 2013, in connection with the consolidation of the activities and businesses of Oi and Portugal Telecom, SGPS, S.A. and that, yesterday, the deadline for third parties to lodge appeals against the decision or for CADE's Tribunal (Tribunal do CADE) to review the decision expired without manifestation by such parties. For this reason, the decision by CADE published on January 14, 2014 has been fully affirmed.
Oi SA (OIBR) Surges: Adds 16.7% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Jan 06, 7:37AM CST
Oi SA was a big mover last session, as the company saw its shares rise nearly 17% on the day.
Oi S.A. - Communication to the Market
PR Newswire - Thu Apr 03, 3:37PM CDT
Oi S.A. ("Oi", BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) hereby announces to its shareholders and the market in general that it filed the preliminary prospectus supplement relating to the Offering (as defined below) with the U.S. Securities and Exchange Commission on the date hereof. The Offering may initially consist of 1,917,028,657 common shares and 3,834,057,315 preferred shares, totaling 5,751,085,972 shares, including shares in the form of American Depositary Shares, represented by American Depositary Receipts (the "Offering"
. The number of shares initially offered, not considering the exercise of the Hot Issue (defined below), may be increased, at the option of the lead coordinator, by up to 15%, or 287,554,298 common shares and 575,108,597 preferred shares, totaling 862,662,895 shares, in order to fulfill subsequent demand for the Offering (the "Over-Allotment Option". Finally, the number of shares initially offered, not considering the exercise of the Over-Allotment Option, may be increased, at the Company's discretion, in agreement with the joint bookrunners of the Offering, by up to 20%, or 383,405,731 common shares and 766,811,463 preferred shares, totaling 1,150,217,194 shares (the "Hot Issue". Oi S.A. - MATERIAL FACT
PR Newswire - Thu Apr 03, 9:18AM CDT
Oi S.A. ("Oi" or the "Company", BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) in accordance with article 157, paragraph 4 of Law No. 6,404/76, pursuant to CVM Instruction No. 358/02 and in furtherance of the Material Facts released on October 2, 2013, February 10, 2014 and February 20, 2014, as well as the Notices to Market released on February 10, 2014 and March 17, 2014, notifies its shareholders and the market in general as follows.
Oi S.A. - Material Fact
PR Newswire - Wed Apr 02, 9:35AM CDT
Oi S.A. ("Oi" or the "Company", BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) in accordance with article 157, paragraph 4 of Law No. 6,404/76, pursuant to CVM Instruction No. 358/02 and in furtherance of the Material Facts released on October 2, 2013 and February 20, 2014, notifies its shareholders and the market in general that, in a meeting held on April 1, 2014, the Board of Directors of the Company approved, among other things, the maximum number of share that may be issued in the primary offering of common and preferred shares of Oi, whose request for registration is being analyzed by the CVM (the "Offering"
. Oi S.A. - MATERIAL FACT: Revocation of Suspension of Public Offering
PR Newswire - Wed Apr 02, 6:58AM CDT
Oi S.A. ("Oi" or the "Company", BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C), in compliance with article 157, paragraph 4 of Law No. 6,404/76 and CVM Instruction No. 358/02 and, in addition to the Material Fact dated as of March 27, 2014, notifies its shareholders and the market in general that as of the date hereof, Oi received the Official Letter No. 153/2014 from the Brazilian Securities Commission (Comissao de Valores Mobiliarios - CVM) ("CVM"
, whereby the CVM informed Oi of the revocation of the suspension of Oi's public offering, whose request for registration is under review by the CVM (the "Offering". Oi S.A. - NOTICE TO THE MARKET: Transference of 2,007 Telecommunications Mobile Towers
PR Newswire - Mon Mar 31, 5:32PM CDT
Oi S.A. ("Oi"
- BM&FBOVESPA: OIBR3 and OIBR4 / NYSE: OIBR - in accordance with the Material Fact dated December 3, 2013, hereby discloses to its shareholders and the market in general that on March 31, 2014, it concluded, through its subsidiaries Telemar Norte Leste S.A. ("Telemar" and BRT Servicos de Internet S.A. ("BRTSI", and together with Telemar, the "Sellers", the transfer to SBA Torres Brasil Ltda. (the "Buyer" of shares representing 100% of the capital stock of a company controlled by the Sellers that owns 2,007 mobile telecommunications towers (the "Transaction", in exchange for the total aggregate amount of R$1,525,000,000.00. Oi S.A.: MATERIAL FACT - Suspension of the Public Offering
PR Newswire - Thu Mar 27, 8:20PM CDT
Oi S.A. ("Oi" or the "Company," BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C), in accordance with article 157, paragraph 4 of Law No. 6,404/76 (the "Brazilian Corporations Law"
and CVM Instruction No. 358/02, notifies its shareholders and the market in general that as of the date hereof, Oi received from the Brazilian Securities and Exchange Commission ("CVM" Official Letter No. 129/2014, in which it was informed of the suspension, for a term of up to 30 days, of the public offering of common and preferred shares of Oi, whose request for registration is being analyzed by the CVM. The CVM stated that this decision is a result of the publication of "media articles published yesterday on the websites Exame.com, R7 Noticias and Estadao.com.br." Oi S.A.: MATERIAL FACT - Result of the General Shareholders' Meeting and ANATEL Approval
PR Newswire - Thu Mar 27, 8:20PM CDT
Oi S.A. ("Oi" or the "Company," BM&FBOVESPA: OIBR3, OIBR4; NYSE: OIBR and OIBR.C), in accordance with article 157, paragraph 4 of Law No. 6,404/76 (the "Brazilian Corporations Law"
and CVM Instruction No. 358/02, and in furtherance of the Material Facts dated as of October 2, 2013, February 20, 2014 and March 26, 2014, notifies its shareholders and the market in general that, at an extraordinary general shareholders' meeting held on the date hereof, the shareholders of Oi approved: 4 Big Tech Stocks on Traders' Radars
at The Street - Wed Mar 26, 1:10PM CDT
Here's a look at how some of the most active stocks on the market today are trading technically.
Why Oi SA (OIBR) Stock Is Down Today
at The Street - Wed Mar 26, 12:02PM CDT
Oi SA (OIBR) shares dropped 6 to $1.41 in trading Wednesday
Oi S.A.: Material Fact - Decision Issued by the Collegiate of the Brazilian Securities and Exchange Commission ("CVM"
PR Newswire - Wed Mar 26, 10:00AM CDT
Oi S.A. ("Oi" or the "Company", BM&FBovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) in accordance with article 157, paragraph 4 of Law No. 6,404/76 (the "Brazilian Corporations Law"
and CVM Instruction No. 358/02, and in furtherance of the Material Facts dated as of October 2, 2013 and February 20, 2014, notifies its shareholders and the market in general that as of the date hereof, Oi became aware of the decision issued by the Collegiate of the Brazilian Securities and Exchange Commission ("CVM" regarding the appeal filed by Oi in connection with (i) the exercise of voting rights in relation to the agenda of the general shareholders' meeting called for March 27, 2014 regarding the valuation report of assets to be contributed by Portugal Telecom SGPS, S.A. ("Portugal Telecom" and (ii) the possibility of exercising of withdrawal rights by Oi's common shareholders dissenting from the resolution regarding the merger of Oi's shares by Telemar Participacoes S.A. ("CorpCo", subject to approval at a shareholders' meeting in the future. Why Oi SA Is Higher Today
at The Street - Mon Mar 24, 12:32PM CDT
Shares of Oi SA (OIBR) are up 6.25% today to $1.53 as a group of five banks agreed to support plans by the Brazilian telecom firm to raise billions in new capital, guaranteeing that they will buy above 50% of the shares to be offered.
Equities Updates, Most Active -- Research on Inovio Pharma, Oi S.A., GameStop, and Banco Bradesco
PR Newswire - Wed Mar 19, 7:00AM CDT
The trading session on Tuesday, March 18, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,336.19, up 0.55% and the NASDAQ Composite closed at 4,333.31, up 1.25%. The S&P 500 finished the session 0.72% higher at 1,872.25. The gains were broad based as nine of ten sectors ended the session in positive. During the session healthy gains in the Information Technology, Health Care, and Energy sectors positively impacted the broader market. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Inovio Pharmaceuticals Inc. (AMEX: INO), Oi S.A. (NYSE: OIBR), GameStop Corp (NYSE: GME), and Banco Bradesco S.A. (NYSE: BBD). Free technical research on INO, OIBR, GME and BBD can be downloaded upon signing up at:
Oi S.A.: Notice to the Market - Annual Report Filed With the SEC on Form 20-F
PR Newswire - Tue Mar 11, 6:27PM CDT
Oi S.A. (BOVESPA: OIBR3, OIBR4; NYSE: OIBR.C, OIBR) (the "Company"
announces that its Annual Report on Form 20-F for the year ended December 31, 2013 was filed with the United States Securities and Exchange Commission, or SEC, on March 11, 2014. The report can be directly accessed at the SEC's website (www.sec.gov) or on our website (www.oi.com.br/ir). Oi S.A.: Call Notice - Extraordinary General Shareholders' Meeting
PR Newswire - Fri Feb 21, 7:31AM CST
The Board of Directors of Oi S.A. (the "Company"
- BM&FBOVESPA: OIRBR3 and OIBR4 / NYSE: OIBR - calls the shareholders of the Company to attend the Extraordinary General Shareholders' Meeting, to be held on March 27, 2014, at 10:00 a.m., at the Company's headquarters, located at Rua do Lavradio No. 71, Centro, in the City and State of Rio de Janeiro, to decide on the following Agenda: Oi S.A. - MATERIAL FACT: Consolidation of the Activities and Businesses of Oi and Portugal Telecom
PR Newswire - Thu Feb 20, 3:03AM CST
Oi S.A. ("Oi" or the "Company", Bovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) and Telemar Participacoes S.A. ("CorpCo"
, in accordance with article 157, paragraph 4 of Law No. 6,404/76 (the "Brazilian Corporations Law" and CVM Instruction No. 358/02, notifies their shareholders and the market in general of the previously informed transaction of the combination, in one entity, of the activities and business operations of Oi in Brazil and Portugal Telecom, SGPS, S.A. ("Portugal Telecom" in Portugal and Africa, consolidating the industrial alliance between Oi and Portugal Telecom, initiated in 2010 and developed since that time, and combining the shareholder bases of Oi, Portugal Telecom and CorpCo (the "Transaction". Oi S.A. - Material Fact - Clarifications Regarding Press Article
PR Newswire - Mon Feb 10, 4:45AM CST
Oi S.A. ("Oi" or the "Company", BM&FBovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C), in compliance with the provisions of art. 157, 4 of Law No. 6,404/76 and in accordance with CVM Instruction No. 358/02, considering the share price movements observed on February 7, 2014 in Oi's shares and recent news articles from the press in connection with the formation of a company that will consolidate the shareholder bases of Oi, Portugal Telecom, SGPS S.A. ("Portugal Telecom"
and Telemar Participacoes S.A. ("TmarPart", as disclosed in the material fact dated October 2, 2013 and subsequent material facts ("Transaction" hereby informs its shareholders and the market in general the following. Sprint Corporation (S) Worth Watching: Stock Rises 8.4% Higher - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Feb 06, 8:25AM CST
Sprint Corporation was a big mover last session, with shares rising over 8%.
Oi S.A. : Material Fact - CADE's approval of the consolidation of the activities and businesses of Oi and Portugal Telecom
PR Newswire - Thu Jan 30, 5:00PM CST
Oi S.A. ("Oi"
- BM&FBOVESPA: OIRBR3 and OIBR4 / NYSE: OIBR - informs its shareholders and the Market in general that the Administrative Council for Economic Defense (Conselho Administrativo de Defesa Economica), ("CADE", the Brazilian antitrust regulator, has approved, without restrictions, the transaction subject of the Material Fact dated October 2, 2013, in connection with the consolidation of the activities and businesses of Oi and Portugal Telecom, SGPS, S.A. and that, yesterday, the deadline for third parties to lodge appeals against the decision or for CADE's Tribunal (Tribunal do CADE) to review the decision expired without manifestation by such parties. For this reason, the decision by CADE published on January 14, 2014 has been fully affirmed. Oi SA (OIBR) Surges: Adds 16.7% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Jan 06, 7:37AM CST
Oi SA was a big mover last session, as the company saw its shares rise nearly 17% on the day.
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