By Dimitra DeFotisArgentina’s October presidential election promises market-friendly change that should bolster the economy and hearten investors, according to Eurasia Group, which raised its six-month outlook. Reuters Argentina President Cristina Fernandez de Kirchner. The election is bound to bring one significant change: President Cristina Fernandez de Kirchner cannot be reelected due to term limits. But will the election just bring more of the same? Goldman Sachs downgraded Read more [...]

Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO) has a one year consensus target of $18.69 according to Thomson Reuters. This is the average number based on the research firms taken into consideration by First Call, the defacto standard when it comes to estimates. The same brokerage firms have are anticipating earnings per share of $0.54 for next quarter and earnings of $2.18 for current year. Valuation In taking a look at the current valuation of Telecom Argentina SA, the price/earnings Read more [...]

By Dimitra DeFotisThe iShares Latin America 40 exchange-traded fund (ILF) fell 3.3% Monday, a sour day for global markets, and while the fund was trading higher pre-market, its year-to-date drop is an abysmal 32%. European Pressphoto Agency Brazilian President, Dilma Rousseff. Here are some headlines from Latin America we’re reading: Latin Americans are shedding their ideologies for extremes, The Economist reports. Here’s the magazine’s lagging list of explanations, which Read more [...]

Telecom Argentina (NYSE:TEO) Downgrade of Rating New York-listed Telecom Argentina (NYSE:TEO), was cut by investment analysts at Goldman Sachs. Goldman Sachs cut its rating on the $2.10 billion market cap company to “Sell” from a previous “Neutral”, but maintained its target price per share of $14.00 on TEO shares. The rating downgrade was most probably noticed by stock speculators, as NYSE:TEO is at the moment trading 0.00% lower at $14.93 as of 08:56 New York time. Read more [...]

FreshPlaza: Global Fresh Produce and Banana News

YEREVAN, SEPTEMBER 29, ARMENPRESS. A cultural center will be opened in the Embassy of Argentina in Armenia until the end of the current year. Ambassador Extraordinary and Plenipotentiary of Argentina to Armenia Gonzalo Urriolabeitia told the aforementioned to “Armenpress” journalist. “We aim to open a cultural center in the embassy. We have an area that is not used, we have renovated it. We will present Argentinean films, invite musicians, organize tango classes. It will be very interesting. Read more [...]

28 September, 2015 | By Jeremy Kay Pablo Trapero’s true-life thriller will fly the flag for his country. El Clan, the box office smash from Argentina on more than $16.6m via Fox International, recently earned Trapero the best director Silver Lion in Venice and went on to screen in Toronto.The film follows the well-to-do Puccio family, who ran a kidnapping and murder ring from their San Isidro home in the early 1980s during the final years of the dictatorship.Celebrated Read more [...]

Shares of Telecom Argentina SA (NYSE:TEO) hit a new 52-week low during mid-day trading on Monday , MarketBeat reports. The stock traded as low as $13.36 and last traded at $13.74, with a volume of 124,653 shares traded. The stock had previously closed at $14.93. Several brokerages have issued reports on TEO. Zacks raised shares of Telecom Argentina SA from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research note on Tuesday, June 2nd. Goldman Read more [...]

By Carlos Aguilar | SydneysBuzz Mon Sep 28 20:13:30 EDT 2015 The Academy of Motion Picture Arts Sciences of Argentina announced today that Pablo Trapero's latest film, "The Clan" (El Clan), will represent the country in the Best Foreign Language Film category at the 88th Academy Awards. This the third time that one of Trapero's films is selected as Argentina's official Read more [...]

By Kamilia Lahrichi In 2014, Argentina topped the global ranking of beef and veal consumption, according to a 2015 OECD-FAO Agricultural Outlook. Argentines will budget for half a kilo of meat per person in an asado. Kamilia Lahrichi Meat has traditionally been the linchpin of Argentine culture. Whether it’s in a backyard at the weekly family gathering, on an apartment building’s terrace in Buenos Aires or in a parilla (“steakhouse” in Spanish) on weekdays, the Read more [...]