FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the lastest show here.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Text Size 
 |
It looks like one of the world's largest banks is betting on Brazil to the tune of $7 billion.
Spain’s biggest bank Santander [STD
Loading...
()
] has announced an offering; about 16% of its Brazil unit to be traded on both the Sao Paolo exchange and the NYSE beginning October 7th.
The new shares are expected to be offered at 22.00 to 25.00 Brazilian reais each, the company said, with final pricing due on Oct. 6. That translates into as much as $7.3 billion.
"Brazil might soon be the new flagship of the Santander group, accounting for over a quarter of its value in 2011," says Evolution Securities bank analyst Arturo de Frias Marques.
The response by investors to the Brazilian share offering will not only show if Santander's early expansion in the country has paid off -- but if other banks will also benefit from Brazil's blossoming economy.
Find out what Tim Seymour has to say about the offering and how to trade Brazil. Watch the video now!
- Your First Move For Friday November 27th
- Web Extra: Private Equity, Conviction Buy?
- Pops & Drops: Abercrombie & Fitch, Nucor...
- Giving Thanks: Seymour
- Your Questions About... Alcoa & The Dollar
- Best Wishes Regis
- Gartman's Annual Rules For Trading
- Chartology: December Outlook
- Holiday Toy Trades
- Steepest Black Friday Discounts, Revealed
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send your e-mail to .
Trader disclosure: On Sept. 21st, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (AA), (AAPL), (BAC), (EEM), (FITB), (INTC), (RIMM), (RIG), (SBUX); Seymour's Firm is Short (PBR); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman Owns (RIG); Finerman's Firm Owns (BAC) Preferred Shares, Finerman Owns (BAC) Preferred Shares And Owns (BAC); Finerman's Firm Owns (WFC) Preferred Shares And Is Short (WFC); Finerman Owns (WFC) Preferred Shares; Finerman's Firm Owns (MSFT), (NOK), (PBR), (WMT), (RIG), (TGT), (PLCE), (HPQ); Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM), (USO); Terranova Owns (FCX) Puts; Terranova Owns (CAT) Puts; Terranova Is Short (WFC); Terranova Is Short (AA); Terranova Is Short (WYNN); Terranova Is Short (JWN)
For Craig Berger:
FBRCM Acts As A Market Maker In (INTC) Securities
For Jon Najarian
J. Najarian Owns (DAL)
J. Najarian Owns (CAL)
For Toni Sacconahi
Bernstein Owns (DELL)
Bernstein currently makes a market in (DELL)
(DELL) Has Been A Client of Bernstein in Past 12 Months
Data is a real-time snapshot *Data is delayed at least 15 minutes