VisNet Generating

One of the banks of Brazil on which we have a high regard is the Itau Unibanco Holding SA (BVSP:ITUB3; NYSE:ITUB), who in the day yesterday announced the second quarter results, which showed a fall in earnings below than expected by the market. The net profit of the entity, excluding the sale of its stake in the credit cards Visa Inc and VisNet processors of the same fell to R $ 2,430 million reals (US $1,310 million), since reais 2.84 billion in the same period of 2008. _ How can we draw advantage as of this strong rise looming for the Brazil Bovespa index and investors from the rest of the emerging bags? Would not wait one more minute, when global economic recovery is top newspapers, already the smart money (big investors) will be entered and pushed up prices, and when realize us, already We will not find cheap prices now. It is the time to invest and opportunities such as these rarely in history are repeated. Follow the link at the end of the article. _ The fall in earnings from the Itau Unibanco in that quarter was 14% year on year and this performance is explained by an increase in provisions for nonperforming loans result of an increase in delinquencies. This result does not generate concern since it responds to the logical evolution of an economy strongly affected by the international financial crisis. Although yesterday the pessimism invaded to the investors who made the shares fell 1.70% (3.59% dropped the price of its ADR), the panorama that is presented to the entity for the coming months is very positive, so there is no further justification the quote of his papers to start a downward trend. A positive element of the Itau Unibanco strategy has been that the entity continued generating funding (appropriations grew 15.1% year to date), despite the negative Outlook that about the local economy generating the external context (which strongly hit Brazilian industry and the population generating a substantial increase in unemployment).