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In Brazil, yesterday’s studs are today’s duds — and vice versa

  Bloomberg To understand just how volatile Brazil’s stock market is, take a closer look at this year’s winners and losers. Last year’s reigning stocks — pulpmakers Suzano Papel & Celulose, Klabin SA and Fibria Celulose SA — are among the worst performers on the Ibovespa index this year. But 2015’s big dud — Metalurgica Gerdau SA — posted Brazil’s ...

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May harshest month for Brazil stocks as Ibovespa retreats

  BLOOMBERG Brazilian stocks fell on Friday, keeping the Ibovespa benchmark on course for its first monthly drop since January. If history is any guide, that shouldn’t surprise investors. Brazilian stocks have fallen every May this decade, adding weight to the old adage “sell in May and go away.” The Ibovespa declined 2.7 percent to 51,804.31 at the close of ...

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Hospitals are biggest losers in legal attack on Obamacare

  Bloomberg Obamacare is under legal attack again, and in the health-care industry it’s hospitals that have the most to lose. A federal judge ruled on Thursday that subsidies for patients’ out-of-pocket costs may be illegal in President Barack Obama’s signature health-care law. Those subsidies are a key part of the law that helped millions of Americans afford health care. ...

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