Eike Batista

Type: Person
Name: Eike Batista
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

MMX CEO Gonzalez Resigns as Brazilian Iron Ore Miner Tries to Stay Afloat

The chief executive officer of Brazilian mining company MMX Mineração e Metálicos SA, controlled by businessman Eike Batista, stepped down from his post as the company faces a cash squeeze and is trying to find partners or sell assets to stay afloat. ... [Published MetalMiner - Aug 29 2014]
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

Ibovespa Futures Gain on Bets Recession Dims Rousseff’s Outlook

Ibovespa futures rose amidspeculation President Dilma Rousseff will lose her re-electionbid as Brazil slipped into a recession.MMX Mineracao e Metalicos SA, the mining company founded bythe former billionaire Eike Batista , may be active after beingremoved ... [Published Bloomberg - Aug 29 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

The Brazilian influence behind 3G’s Tim Hortons deal

Brazilian billionaires come in two varieties: the starlet-dating, Ferrari-driving flash of Eike Batista, or the camera-avoiding, early-to-bed sobriety of Jorge Paulo Lemann. Mr. Batista, of course, flamed out spectacularly: he lost $34-billion (U.S.) ... [Published Globe and Mail - Aug 25 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

Oil & Gas - Brazil - Brazil regulator sues Batista over OGpar outlook claims

Brazil's securities regulator CVM is suing fallen magnate Eike Batista for allegedly misleading the market over the performance of his former oil flagship OGpar.Award-winning and trusted the world over, Business News Americas is the only English and Spanish ... [Published Business News Americas - Aug 25 2014]
First reported Aug 21 2014 - Updated Aug 22 2014 - 2 reports

Eike Batista's MMX Temporarily Halting Production at Serra Azul Unit

SÃO PAULO—Troubles continue to mount for former Brazilian billionaire Eike Batista, whose mining company faces a cash squeeze and is trying to find partners or sell assets to stay afloat. On Wednesday, Batista's mining company, MMX Mineração e Metálicos ... [Published DailyMe.Com - Aug 22 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 2 reports

Brazil’s iron ore giant MMX to sell off 300,00 tonnes of stockpile

Better close your eyes, Eike… (Image by  Danilo Verpa | Folhapress)Brazil’s iron ore firm MMX Mineração e Metalicos (BVMF:MMXM3), the mining unit of former billionaire Eike Batista, is in talks to sell over 300,000 tons of the ore it has in stock as it ... [Published Mining.com - Aug 21 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

Millionaires who lost the lot and bounced back

It’s hard to deny a sense of schadenfreude when reading about the super-rich who end up with a severely depleted bank balance, especially when they’ve had a serious case of hubris.One man who fits the bill is Eike Batista, a Brazilian former billionaire ... [Published NineMSN Finance - Aug 21 2014]
First reported Aug 19 2014 - Updated Aug 20 2014 - 5 reports

MMX MINERACAO E METALICOS: IRON ORE MINER DENIES BANKRUPTCY REPORT

MMX, the iron ore mining arm of Brazilian tycooon Eike Batista's embattled empire, has denied it is considering filing for bankruptcy. "MMX clarifies that there are no deliberations in process on this matter at the company," it said.The Rio-based company’s ... [Published Mining Business Media - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 7 reports

Trading Probes On Brazil's Batista Due In 2015: Regulator

By Clip Syndicate The results of more than a dozen investigations into market manipulation by Brazilian entrepreneur Eike Batista and current or former executives of his EBX Group, will likely be made public next year, a top regulator said. Pereira could ... [Published IT Business Net - Aug 20 2014]
First reported Aug 11 2014 - Updated Aug 11 2014 - 5 reports

The Former Billionaire Who Tried To Become The World's Richest Man Has Been Forced To Sell His Prized Lamborghini

Erstwhile billionaire Eike Batista has sold a prized possession — a Lamborghini Aventador, that the Italian automaker billed as its best model ever .Brazilian paper O Globo reports that the car was sold to a dealership for $US1.1 million. The sticker ... [Published Business Insider Australia - Aug 11 2014]
First reported Aug 09 2014 - Updated Aug 09 2014 - 1 reports

Brazil’s Batista sells Lamborghini as his riches turn to rags

Brazilian millionaire Eike Batista, who over the past year lost a sizeable portion of his vast wealth, has sold the prized Lamborghini that once adorned his living room, news reports said.Television station G1 wrote on its Web site on Friday that the ... [Published Taipei Times Online - Aug 09 2014]
First reported Aug 04 2014 - Updated Aug 05 2014 - 8 reports

Mubdala Takes Batista Stake in MMX

NEW YORK (The Deal) -- Abu Dhabi wealth fund Mubdala Development is to strengthen its equity exposure to Eike Batista's restructuring EBX Group by gaining a 10.5% stake in Sao Paulo-listed iron ore producer MMX Mineracao e Metalicos in exchange for d ... [Published Harrisburg Daily Register - Aug 05 2014]

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All (88) | News (65) | Reports (0) | Blogs (23) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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MMX CEO Gonzalez Resigns as Brazilian Iron Ore ... [Published MetalMiner - Aug 29 2014]
Ibovespa Futures Gain on Bets Recession Dims Ro... [Published Bloomberg - Aug 29 2014]
The Brazilian influence behind 3G’s Tim Hortons... [Published Globe and Mail - Aug 25 2014]
Oil & Gas - Brazil - Brazil regulator sues Bati... [Published Business News Americas - Aug 25 2014]
Brazil’s iron ore giant MMX to sell off 30000 t... [Published Canada Standard - Aug 22 2014]
Eike Batista's MMX Temporarily Halting Producti... [Published DailyMe.Com - Aug 22 2014]
MMX Temporarily Halting Serra Azul Production [Published Atlanta Journal And Constitution - Aug 21 2014]
Brazil’s iron ore giant MMX to sell off 300,00 ... [Published Mining.com - Aug 21 2014]
Brazil miner MMX says not filing for bankruptcy... [Published Steel Guru - Aug 21 2014]
Millionaires who lost the lot and bounced back [Published NineMSN Finance - Aug 21 2014]
MMX halts operations at Serra Azul mine for 30 ... [Published Platts - Aug 20 2014]
The Daily Docket: Asarco Wins Latest Round Agai... [Published WSJ.com: Bankruptcy Beat - Aug 20 2014]
Trading Probes On Brazil's Batista Due In 2015:... [Published IT Business Net - Aug 20 2014]
Trading Probes On Brazil’s Batista Due In 2015:... [Published American Banking News - Forex - Aug 20 2014]
Trading probes on Brazil's Batista due in 2015:... [Published Bayou Buzz - Aug 20 2014]
Trading probes on Brazil's Batista due in 2015:... [Published Fat Pitch Financials - Aug 20 2014]
MMX MINERACAO E METALICOS: IRON ORE MINER DENIE... [Published Mining Business Media - Aug 20 2014]
Trading probes on Brazil's Batista due in 2015:... [Published 4 Traders - Aug 20 2014]
Trading Probes On Brazil's Batista Due In 2015:... [Published Clusterstock - Aug 20 2014]
Trading probes on Brazil's Batista due in 2015:... [Published Reuters: Business News - Aug 20 2014]
Batista’s MMX Said to Pursue Asset Sale to Avoi... [Published Washington Post - Aug 19 2014]
Brazil’s iron ore giant MMX to file for bankruptcy [Published Mining.com - Aug 19 2014]
Brazil miner MMX says not filing for bankruptcy... [Published Reuters UK - Aug 19 2014]
Brazil iron miner MMX shares tumble on report m... [Published Reuters - Aug 19 2014]
Trafigura says Porto Sudeste iron ore port woul... [Published Logistics Guru - Aug 16 2014]
Brazil, Worse Than Paraguay [Published Forbes.com - Aug 14 2014]
Trafigura's Brazil iron ore port may not open u... [Published CNBC - Aug 13 2014]
EON Emerging Markets Foray to Cut Profit as Rus... [Published Washington Post - Aug 12 2014]
The Former Billionaire Who Tried To Become The ... [Published Business Insider Australia - Aug 11 2014]
The Former Billionaire Who Tried To Become The ... [Published Atlanta Journal And Constitution - Aug 11 2014]
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The Daily Docket: Asarco Wins Latest Round Agai... [Published WSJ.com: Bankruptcy Beat - Aug 20 2014]
India’s Sesa Sterlite Ltd. has lost a bid to block a bankruptcy-court order requiring it to pay an $82.75 million judgment stemming from its failed attempt to acquire Asarco LLC, a U.S.-based copper miner. Read Peg Brickley’s story in the Daily Bankruptcy ...
Trading Probes On Brazil's Batista Due In 2015:... [Published Clusterstock - Aug 20 2014]
By Juliana Schincariol RIO DE JANEIRO (Reuters) - The results of more than a dozen investigations into market manipulation by Brazilian entrepreneur Eike Batista and current or former executives of his EBX Group, will likely be made public next year, ...
The Former Billionaire Who Tried To Become The ... [Published Clusterstock - Aug 11 2014]
Erstwhile billionaire Eike Batista has sold a prized possession — a Lamborghini Aventador, that the Italian automaker billed as its best model ever . Brazilian paper O Globo reports that the car was sold to a dealership for $1.1 million. The ...
The Daily Docket: LightSquared Losses Reach $1.41B [Published WSJ.com: Bankruptcy Beat - Jun 17 2014]
LightSquared burned through $59.1 million in May, bringing its total losses to $1.41 billion since Phil Falcone ’s wireless venture filed for bankruptcy in May 2012. Read the Daily Bankruptcy Review article here . (Daily Bankruptcy Review is a daily ...
Bondholders to sue Deutsche Bank [Published Here is the city - Business News - Jun 02 2014]
A group of minority bondholders of Eike Batista's bankrupt Brazilian oil company are suing Deutsche Bank over allegations that the bank shut them out during the oil firm's funding negotiations. ...
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