Banco Itau, Cap, Cesp, Edenor, Falabella: Latin Equity Preview

By James Attwood and Paulo Winterstein

Aug. 11 (Bloomberg) -- The following companies may have unusual price changes in Latin America trading. Stock symbols are in parentheses, and share prices are from the previous close. Preferred shares are usually the most-traded class of stock in Brazil.

The MSCI Latin America Index fell 2.2 percent to 4,033.09.

Argentina

Empresa Distribuidora y Comercializadora Norte SA (EDN AF): The Buenos Aires-based electricity distributor reported an almost fivefold jump in second-quarter profit to 38.6 million pesos ($12.7 million), beating the 30.4 million peso average forecast of three analysts surveyed by Bloomberg. Edenor fell 2.2 percent to 1.78 pesos.

Brazil

Banco Itau Holding Financeira SA (ITAU4 BS): The BFB Leasing SA Arrendamento Mercantil unit of Brazil's second-biggest non- government bank canceled plans to sell as much as 20 billion ($12.4 billion) reais of subordinated notes in local debt markets. Itau fell 1.5 percent to 32.71 reais.

Cia. Energetica de Sao Paulo (CESP6 BS): The state- controlled utility that was put up for auction this year requested that the federal government extend licenses for two hydroelectric dams to 2024. Cesp fell 1.7 percent to 28.75 reais.

Chile

Cap SA (CAP CC): Chile's biggest steel and iron-ore producer said second-quarter profit more than doubled to $98.8 million on higher prices, beating the $77.9 million average estimate of five analysts surveyed by Bloomberg. Cap fell 1.9 percent to 19,991 pesos.

SACI Falabella SA (FALAB CC): Chile's biggest department store operator said first-half profit declined 6.1 percent to 110 billion pesos. Falabella fell 0.2 percent to 2,120.20 pesos.

To contact the reporters on this story: James Attwood in Santiago at jattwood3@bloomberg.net; Paulo Winterstein in Sao Paulo at pwinterstein@bloomberg.net.