Thursday, October 30, 2014

Itau Unibanco Motors Ahead

Itau, trading out of Brazil, is powering ahead in trading today.  The stock, ticker symbol ITAU, is up by a staggering 9%.  This bodes well for the Brazilian economy as earnings for Itau were out today and things are going well.   Dividend investors should be happy as this should enable the company to increase the payout.  I am long ITUB.

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