Cielo SA
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Information Technology : IT Services | Mid Cap Value
Based in Brazil
Company profile

Cielo SA, formerly Companhia Brasileira de Meios de Pagamento, is a Brazil-based company that provides services related to credit cards and other payment methods. The Company's activities are divided into two business segments: Capturing and processing of transactions, which acquires and processes credit and debit card transactions and other means of payment, as well as offers accreditation of merchants and related services, and Management of payment accounts, which manages transactions related to credit and debit card usage. In addition, the Company offers rental, installation and maintenance of point of sale (POS) terminals and recharge of prepaid phones through POS, among others. It provides services to various credit and debit card issuers, such as Visa, MasterCard, American Express and Elo. The Company operates through a number of subsidiaries, including Servinet Servicos Ltda, Cielo USA Inc and Multidisplay Comercio e Servicos Tecnologicos SA, among others.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Price
Delayed
$0.85
Day's Change
-0.005 (-0.58%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.855
Day's Low
0.842
Volume
(Heavy Day)

Today's volume of 944,856 shares is on pace to be much greater than CIOXY's 10-day average volume of 957,758 shares.

944,856

UPDATE: Tesla to limit workforce at Fremont factory from 10,000 to 2,500 due to outbreak: report

6:33 pm ET March 18, 2020 (MarketWatch)
Print

Tesla Inc. (TSLA) will keep its Fremont, Calif., factory open, but limit its workforce, Buzzfeed reported Wednesday (https://www.buzzfeednews.com/article/ryanmac/tesla-fremont-factory-stays-open-coronavirus-sheriff). The status of the auto plant has been in question since the Alameda County Sheriff's Office tweeted Tuesday (https://twitter.com/ACSOSheriffs/status/1240062681635123201) that Tesla's Fremont plant was a non-essential business and could only maintain "minimum basic operations" amid a regional shelter-in-place order to slow the spread of coronavirus. Tesla has not publicly commented on its operations since, and requests for comment have not been answered. Buzzfeed reported Wednesday that an Alameda County Sheriff's Office spokesperson said Tesla has committed to reducing its workforce from around 10,000 to around 2,500. It remains unclear if auto manufacturing will continue, and the timeline for the drawdown is not known. The San Jose Mercury News reported (https://www.mercurynews.com/2020/03/18/coronavirus-tesla-says-production-other-essential-employees-should-come-to-work/) that employees had been told Wednesday to continue coming into work, despite the Bay Area-wide shutdown. CEO Elon Musk has repeatedly downplayed the risk of the COVID-19 outbreak on social media, tweeting earlier this month (https://twitter.com/elonmusk/status/1236029449042198528) that "The coronavirus panic is dumb."

-Mike Murphy; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 18, 2020 18:33 ET (22:33 GMT)

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