Grupo Mexico, Hypermarcas, Lan, Perdigao: Latin Equity Preview

By Paulo Winterstein and William Freebairn

July 29 (Bloomberg) -- The following stocks may have significant gains or losses in Latin American markets. Symbols are in parentheses after company names, and stock prices are from the last session.

The MSCI index of Latin American shares fell 0.5 percent to 4,146.66 yesterday. Markets in Peru are closed today for a holiday. In Brazil, preferred shares are the most commonly traded class of stock.

Brazil

Brasil Brokers Participacoes SA (BBRK3 BS): The Brazilian provider of real estate brokerage services plans a 100-for-1 stock split. The transaction will be voted on by stockholders at a meeting scheduled for Aug. 6, according to a regulatory filing posted on Brazil's securities regulator Web site yesterday. Brasil Brokers dropped 1.6 percent to 1,220 reais.

Hypermarcas SA (HYPE3 BS): The Brazilian maker of cleaning, hygiene, medical and food products bought Revlon Inc. unit Bozzano, a maker of men's shaving and hair-care products, for $104 million, Revlon said yesterday in a statement. Sao Paulo- based Hypermarcas rose 3.5 percent to 19.45 reais.

Perdigao SA (PRGA3 BS): Brazil's biggest food company yesterday reported a second-quarter loss of 881.8 million reais ($560 million) after taking a one-time charge for the purchase of Eleva Alimentos SA and other assets. Excluding the one-time charge, profit was 102.5 million reais, topping the 68.9 million reais average of five estimates compiled by Bloomberg. Perdigao fell 2.1 percent to 41.60 reais.

Chile

Banco de Chile SA (CHILE CC): The country's No. 2 bank reported June profit that trailed Deutsche Bank AG's estimate because of higher expenses and provision charges, analysts including Tito Labarta wrote in a note to clients yesterday. Banco de Chile closed little changed at 37.39 pesos.

Lan Airlines SA (LAN CC): Chile's biggest air carrier may report a 4.5 percent increase in second-quarter profit today. The Santiago-based airline's net income probably rose to $44.5 million from $42.6 million a year earlier, according to the average estimate of five analysts surveyed by Bloomberg. Lan fell 0.8 percent to 5,399.90 pesos.

Mexico

Empresas ICA SAB (ICA* MM): Mexico's largest construction company said second-quarter profit fell 47 percent to 64 million pesos ($6.4 million), or 13 centavos a share, from a year earlier as material costs rose. Sales rose 10 percent to 6.23 billion pesos, the company said in a statement e-mailed yesterday. ICA was predicted to earn 41 centavos a share, the average of three estimates in a Bloomberg survey. ICA fell 2.4 percent to 61.85 pesos.

Grupo Mexico SAB (GMEXICOB MM): Mexico's biggest mining company said second-quarter net income fell 14 percent to $451.7 million. Sales decreased 16 percent to $1.76 billion as copper production dropped. Grupo Mexico shares fell 3.3 percent to 16.96 pesos.

To contact the reporters on this story: Paulo Winterstein in Sao Paulo at pwinterstein@bloomberg.net; William Freebairn in Mexico City at wfreebairn@bloomberg.net.