Colpatria expects GE to increase stake to 75% by 2012
Banco Colpatria Red Multibanca SA, Colombia’s seventh largest bank by assets, expects General Electric Co. to increase its stake in the bank to more than 75% by 2012 despite recent…
Banco Colpatria Red Multibanca SA, Colombia’s seventh largest bank by assets, expects General Electric Co. to increase its stake in the bank to more than 75% by 2012 despite recent…
Colombia’s benchmark stock index dropped 1.17%, tracking the decline in stocks in New York that was triggered by concerns over the flagging U.S. economic recovery. Most stocks in the Colombian…
The Colombian IGBC stock index Friday fell following an early market decline in New York after the U.S. government released a weaker-than-expected July nonfarm payrolls report. The IGBC benchmark index…
The Colombian IGBC stock index Tuesday rose, led by shares of state-controlled oil company Ecopetrol SA which announced it agreed to buy the assets of BP PLC in Colombia. The…
Colombian stocks posted a slight decline Friday, reversing a trend of record highs seen over the last few days, as the local index was dragged down by a drop in…
Colombian stocks continued moving higher Thursday, securing a new record for the index thanks to a boost from shares of Grupo Aval after the banking conglomerate said it was moving…
After reaching records levels on Monday, Colombia’s stock market has continued to tumble this week on concerns about the Greek economic crisis. Colombia’s stock index, the IGBC, dropped below 12,000…
Shares of Greystar Resources plunged on Monday after the company said it had been asked to redesign its key Angostura gold project to conform to new Colombian mining regulations. Greystar…
Colombian stocks recovered on Tuesday, following the U.S. market’s move higher on Monday afternoon. The IGBC index rose 1.1% to 12,425.36 points, while the Colcap index, which includes Colombia’s largest…