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Home>Brazil Cielo 2Q Net Up Due To More Card Transactions

Brazil Cielo 2Q Net Up Due To More Card Transactions

3party Content

Wed, 30 Jul 2014

By Rogerio Jelmayer SAO PAULO--Credit-card processor Cielo S.A.'s (CIEL3.BR) second-quarter profit increased nearly 26% due to an increased volume of card transactions, it said late Tuesday. The company's profit totaled 796.8 million Brazilian reais ($357 million) compared with BRL802.7 million a
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