ALL, Bradesco, Concha y Toro, Perdigao: Latin Equity Preview

Nov. 28 (Bloomberg) -- The following companies may have unusual price changes today in Latin America trading. Stock symbols are in parentheses and share prices reflect the previous close.

The MSCI Latin America Index rose 1.5 percent yesterday to 2,025.44.

Brazil

ALL America Latina Logistica SA (ALLL11 BS): Latin America’s biggest railroad operator said it was “surprised” by reports the federal police were investigating the sale of government-owned rail cars and engines for scrap because its license to operate rail lines permits such selling. The company must replace the scrapped units or refund the government at the end of its license, ALL said yesterday in a regulatory filing. ALL fell 6.8 percent to 11 reais.

Banco Bradesco SA (BBDC4 BS): Brazil’s second-biggest non- state bank plans to buy back as many as 7.5 million common shares and 7.5 million preferred shares during the next six months, according to a filing posted yesterday on Brazil’s securities regulator Web site. Bradesco preferred shares, the most traded, rose 1.7 percent to 24 reais.

Gerdau SA (GGBR4 BS): Latin America’s largest steelmaker said it is reassessing its investment plans and may delay the construction of a steel mill in Argentina. Gerdau rose 0.8 percent to 14.60 reais.

Perdigao SA (PRGA3 BS): Brazil’s biggest food company received a 283.7 million reais ($124.9 million) loan from Brazil’s national development bank, known as BNDES, to finance its expansion projects, Perdigao said yesterday in a regulatory filing. Perdigao fell 2 percent to 35 reais.

Petroleo Brasileiro SA (PETR4 BS): Brazil’s state- controlled oil company borrowed 751 million reais ($323 million) from Banco do Brasil last month, Folha de S. Paulo said. Petrobras fell 2.8 percent to 19.95 reais.

Telemar Norte Leste SA (TMAR5 BS): The Brazilian phone company buying smaller rival Brasil Telecom Participacoes SA said yesterday it completed the fundraising needed for the purchase after issuing 2 billion reais ($880 million) in local bonds. Costs rose “compared with the transactions done in the first half of the year as risk aversion increased,” Chief Financial Officer Jose Luiz Salazar said in a phone interview yesterday. Telemar fell 5.6 percent to 53 reais.

Chile

Envases del Pacifico SA (EDELPA CC): The Chilean maker of plastic packaging said directors approved a special dividend of 5 pesos a share. The dividend will be paid Dec. 29 to shareholders as of Dec. 22, the company said in a filing yesterday. Envases rose 7.6 percent to 380 pesos.

Vina Concha y Toro SA (CONCHA CC): Chile’s largest wine exporter said it will ask shareholders to vote Dec. 18 on a plan to sell $45 million in new stock to existing shareholders. Concha y Toro also plans to sell five- and 21-year bonds denominated in inflation-adjusted units worth as much as $129 million today, it said in a filing on the securities regulators’ Web site yesterday. Concha y Toro fell 3.3 percent to 1,000 pesos.

Mexico

Grupo Carso SAB (GCARSOA1 MM): The industrial and retail group controlled by Carlos Slim said it will invest $800 million in a retail and residential complex in Mexico City. The complex will house stores and 430 apartments, Grupo Carso said in a statement yesterday. Carso rose 0.4 percent to 31.70 pesos.