SAO PAULO (Reuters) - Brazilian meat processor JBS' decision to pursue a U.S. listing has shone a spotlight on its No. 2 shareholder, National Development Bank's (BNDES) investment arm, and whether the company's move clashed with the bank's core mission of fostering Brazilian corporate development. JBS, the world's biggest meatpacker, moved closer this week to a dual listing that has...

02:17 PM EDT, 03/19/2025 (MT Newswires) -- Richards Packaging Income Fund (RPI-UN.TO) Wednesday declared a monthly cash distribution for March of $0.11 per unit. This is consistent with February's cash distribution. This distribution will be to unitholders of record at the close of business on March 31 and will be payable on April 14. Price: 27.60, Change: -0.01, Percent Change:...

Oppenheimer analysts Chris Kotowski and Kevin Tripp provided expectations on financial stocks for this year. The analysts write that, at the start of the year, they were optimistic about a significant rebound in M&A and financing activity. The key factors for a bullish stance at that time included higher demand after relatively quiet M&A years in 2023 and 2024, tightened...

* JBS' dual listing proposal aims to help close valuation gap with peers * SEC has not approved company's primary NYSE listing * Even if listing approved, BNDES will not be forced to immediately sell shares, sources say By Luciana Magalhaes and Ana Mano SAO PAULO, March 19 (Reuters) - Brazilian meat processor JBS' decision to pursue a U.S. listing...