Monday, January 28, 2013

Reuters: Hot Stocks: Shares of Brazil's Banco Bradesco fall after profit miss

Reuters: Hot Stocks
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Shares of Brazil's Banco Bradesco fall after profit miss
Jan 28th 2013, 12:08

SAO PAULO | Mon Jan 28, 2013 7:08am EST

SAO PAULO Jan 28 (Reuters) - Shares of Banco Bradesco SA fell on Monday after quarterly profit at Brazil's No. 2 private sector bank slightly missed analysts' estimates, as lower insurance-related income and higher operating expenses offset the positive impact of a decline in bad loan provisions.

At 10:04 a.m. (1204 GMT), shares of Banco Bradesco were down 1.19 percent at 37.30 reais. (Reporting by Asher Levine; Editing by Lisa Von Ahn)

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