Stocks

Oct 9Official filingConsumo CíclicoStocks

Azzas 2154 replaces two board members after immediate resignations

Azzas 2154 appointed Rafael Sachete da Silva and Gabriel Silva Lobo Leite to board seats after Nicola Calicchio Neto and Edison Ticle de Andrade Melo e Souza Filho stepped down.

AZZA3

• Nicola Calicchio Neto and Edison Ticle de Andrade Melo e Souza Filho resigned from the board of Azzas 2154 on October 7, 2026, with immediate effect.
• On October 8, 2026, the board elected Rafael Sachete da Silva and Gabriel Silva Lobo Leite as members with terms ending at the next general meeting.
• Rafael Sachete da Silva was nominated by the Birman Block and Gabriel Silva Lobo Leite was nominated by the Grupo Soma Block.

Sources:CVM - Documentos IPE (PDF)

Oct 9Official filingB3 FilingStocks

Camil Alimentos 2Q26 net profit drops 47.5% as leverage hits 4.7x

Camil Alimentos generated net revenue of R$ 2.8 billion, down 7.2% year on year, as EBITDA fell 10.1% to R$ 225.3 million on total sales volume of 604,700 tons.

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• Camil's net profit fell 47.5% year over year to R$ 41 million in 2Q26, while net revenue dropped 7.2% to R$ 2.8 billion and EBITDA fell 10.1% to R$ 225.3 million.
• Net debt reached R$ 4.08 billion in 2Q26, up 17.8% year over year, with leverage measured by net debt to LTM EBITDA staying at 4.7x, compared to 4.1x in 2Q25.
• Brazilian High Turnover sales volume fell 4.6% year over year to 335.9k tons, while Capex dropped to R$ 53 million following the end of Cambaí investments in 4Q25.

Sources:CVM - Documentos IPE (PDF)

Oct 9Official filingMacro & Fiscal PolicyStocks

Central Bank Approves Bradesco Capital Increase and Triggers JCP Per-Share Adjustment

Banco Bradesco adjusted its interest on equity payout per share to R$ 0.323858718 for common and R$ 0.356244590 for preferred shares after the Central Bank of Brazil approved its capital increase.

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• The Central Bank of Brazil approved Banco Bradesco S.A.'s capital increase, with newly subscribed shares set to be issued and credited on October 13, 2026.
• Following the share count expansion, the R$ 3.8 billion total JCP payout was adjusted to R$ 0.323858718 per common share and R$ 0.356244590 per preferred share.
• Net values after 17.5% withholding tax are R$ 0.267183442 per common share and R$ 0.293901787 per preferred share, with payment planned by April 30, 2027.

Sources:CVM - Documentos IPE (PDF)

Oct 9Markets & IndicesStocks

Petrobras and election polling push Ibovespa higher against Wall Street decline

Brazil's stock benchmark rose 0.94% to 206,220.24 points on R$ 60.2 billion in volume, decoupling from the S&P 500 drop of 0.45%, as Brent crude futures jumped 4.1% to $104.28 per barrel. Petrobras led local gains while investors weighed a PoderData/Aya poll showing Senator Flávio Bolsonaro with 53% of valid votes against President Luiz Inácio Lula da Silva with 47% in a potential second-round runoff, ahead of an upcoming Datafolha survey.

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• Brent crude oil futures climbed 4.1% to $104.28 per barrel amid Middle East tension and Gulf coast weather.
• A PoderData/Aya poll placed Senator Flávio Bolsonaro at 53% against President Luiz Inácio Lula da Silva at 47% in a runoff scenario.

Sources:Forbes BrasilExamePoder360Money TimesValor Econômico

Oct 9EarningsTechStocks

Oi posts R$ 36.4 billion net loss for 2025 as B3 delists telecom shares

The bankrupt telecommunications operator reversed a 2024 profit of R$ 9.61 billion into a net loss of R$ 36.4 billion for 2025, driven by a R$ 33.2 billion negative financial result and an 18% revenue drop to R$ 2.59 billion. Following the company's judicial bankruptcy confirmation by a Rio de Janeiro court, B3, Brazil's stock exchange, cancelled the listing of OIBR3 and OIBR4 shares, while major creditors Bradesco and Itaú previously contested whether bankruptcy yields higher recovery than judicial restructuring.

OIBR3

• Oi recorded a negative consolidated financial result of R$ 33.2 billion in 2025, down from positive R$ 12.2 billion in 2024.
• Annual net revenues shrank 18% to R$ 2.59 billion in 2025 following asset sales and reduced operations.
• B3 cancelled the listing of Oi shares OIBR3 and OIBR4 after bankruptcy confirmation by the Rio de Janeiro state court.

Sources:Money TimesTelesíntese (telecom)Valor Econômico

Oct 9Official filingPetróleo, Gás e BiocombustíveisStocks

Petrobras secures 21 exploratory blocks in ANP auctions for R$ 3.22 bln bonus

State-controlled oil company Petrobras submitted winning bids in regulatory auctions held by ANP, Brazil's National Petroleum, Natural Gas and Biofuels Agency. According to a material fact filed with the CVM, Brazil's securities regulator, the company secured the Azurita block in the Campos basin and the Cruzeiro do Sul block under the 4th Production Sharing Permanent Offer Cycle, alongside participating in the 6th Concession Permanent Offer Cycle.

PETR3

• Petrobras will pay R$ 3,219,251,245.60 in signature bonuses by December 30, 2026 for 21 blocks won in oil agency ANP auctions.
• In the concession cycle, Petrobras acquired 12 blocks in Campos with 100% stake and seven in Ceará with 70%, alongside QatarEnergy with 30%.
• In the production sharing cycle, Petrobras acquired the Azurita and Cruzeiro do Sul blocks with 100% interest for R$ 232,400,884.50 in total bonuses.

Sources:CVM - Documentos IPE (PDF)

Oct 9Official filingB3 FilingStocks

MRV&CO generates R$ 456 million cash in 3Q26 despite bank strike

Homebuilder MRV&CO generated R$ 456 million in cash during the third quarter of 2026, driven by asset sales at subsidiaries Resia and Luggo alongside positive cash flow at Urba. In its operational preview filed with the CVM, Brazil's securities regulator, unit MRV Incorporação reported historical record net sales of R$ 3.0 billion, up 29.6% from R$ 2.3 billion in the third quarter of 2025, even as a strike at Caixa Econômica Federal weighed on mortgage processing.

MRVE3

• MRV&CO generated R$ 456 million in cash in 3Q26, up from R$ 70 million in 2Q26, even as a strike at state lender Caixa Econômica Federal shaved R$ 80 million off real estate transfers.
• MRV Incorporação posted record net pre-sales of R$ 3.04 billion in 3Q26, up 10.5% from R$ 2.75 billion in 2Q26 and 29.6% from R$ 2.34 billion in 3Q25.
• Subsidiary Luggo sold three projects for R$ 166 million to a fund with Mauá Capital, generating R$ 144 million in immediate cash while receiving the remainder over up to seven years.

Sources:CVM - Documentos IPE (PDF)

Oct 9Official filingConsumo CíclicoStocks

Cury presents R$26.1 billion landbank in institutional filing

Low-income homebuilder Cury Construtora e Incorporadora detailed its operational track record in a market presentation filed with the CVM, Brazil's securities regulator. The company recorded cumulative net profit of R$ 3.6 billion between 2019 and 2026, reflecting a compound annual growth rate of approximately 32%, while maintaining an average return on equity of 108% across the same period in the São Paulo and Rio de Janeiro markets.

• Cury built a landbank of R$ 26.1 billion in potential sales value across 83,000 units in the third quarter of 2026, with R$ 20.2 billion concentrated in São Paulo.
• In Rio de Janeiro's Porto Maravilha, Cury launched 16,198 units totaling R$ 6.1 billion in sales value and sold 14,536 units for R$ 5.4 billion through October 8, 2026.
• Cury registered R$ 6.14 billion in trailing twelve-month net revenue as of the second quarter of 2026, generating R$ 1.099 billion in net income with a 74% return on equity.

Sources:CVM - Documentos IPE (PDF)

Oct 9Official filingB3 FilingStocks

Banco do Nordeste awards Agroamigo auction items to ADESBA

Regional lender Banco do Nordeste do Brasil adjudicated items 1 and 5 of electronic auction 25/2026 to non-profit entity ADESBA to operate its Agroamigo microcredit program. In a material fact filed with the CVM, Brazil's securities regulator, the bank confirmed ADESBA will run operations across Alagoas, Paraíba, Pernambuco, Maranhão, and Piauí, while remaining bidding lots continue under review.

• Banco do Nordeste awarded Items 1 and 5 of Electronic Auction 25/2026 for the Agroamigo Program to ADESBA on October 8, 2026.
• ADESBA will operate Item 1 covering Alagoas, Paraíba, and Pernambuco, as well as Item 5 covering Maranhão and Piauí.
• The remaining items of Process 2026/90101 for the microcredit program remain in processing under edict deadlines.

Sources:CVM - Documentos IPE (PDF)

Oct 9Consumo CíclicoStocks

Casas Bahia clarifies preliminary court report status in judicial recovery

Retailer Casas Bahia filed a response with the CVM, Brazil's securities regulator, following clarification requests regarding news reports on its August 2026 judicial recovery proceeding. The company confirmed court administrator ACFB submitted a preliminary report evaluating stores and supply contracts, but emphasized the findings have not been reviewed by the court or subjected to adversarial counter-argument, making them legally non-binding on creditors or debt securities.

BHIA3

• Casas Bahia stated the ACFB court expert report is preliminary and carries no binding legal effect on creditors.
• Court-appointed administrator ACFB evaluated store operations, distribution hubs, and fiduciary contracts.

Sources:Money Times

Oct 9Legal & RegulatoryStocks

Sabesp receives 10-year water rights authorization in Biritiba Mirim

Sanitation utility Sabesp obtained administrative concessions from São Paulo water authority SP-Águas for surface water abstraction and public network effluent discharge in the municipality of Biritiba Mirim. According to the state official gazette, the permit grants daily surface abstraction of 216,000 cubic meters from Ribeirão Sertãozinho and matching daily discharge into the Biritiba-Mirim river system over a 120-month term.

SBSP3

• Sabesp obtained authorization to abstract 216,000 cubic meters of surface water daily in Biritiba Mirim for 10 years.
• SP-Águas granted a matching 120-month permit for 216,000 cubic meters daily of effluent discharge into local rivers.

Sources:DOESP - Diário Oficial do Estado de São Paulo (busca)

Oct 9FinanceiroStocksM&A

BlackRock acquires 10% stake in B3 as prospective rivals prepare market entrance

The asset manager raised its holding to 508.4 million common shares and ADRs, representing 10.075% of total capital in Brazil's sole operating stock exchange, alongside 10.5 million cash-settled derivatives. BlackRock stated the holding is strictly for investment purposes without intent to alter control, even as entities such as A5X, backed by Morgan Stanley and Goldman Sachs, target a launch in the second quarter.

• BlackRock now holds 508,448,714 common shares and ADRs in B3, plus 10,532,255 cash-settled derivatives.
• The manager signed no agreements regulating voting rights or the purchase and sale of securities.

Sources:Money Times