Aguas Andinas, Femsa, Sadia, Televisa: Latin Equity Preview

The following stocks may make significant gains or losses in Latin American markets today. Symbols are in parentheses after company names, and stock prices are from the last session.

The Morgan Stanley Capital International index of Latin American shares rose 3.2 percent to 4,530.06 on Oct. 26.

In Brazil, preferred shares are the most commonly traded class of stock.

Brazil

Iochpe Maxion SA (MYPK4 BS): Brazil's biggest maker of railroad freight cars said one of its units received orders for 549 cargo cars to be delivered beginning in January. The company didn't disclose the value of the deals. Orders for 2008 delivery rose to approximately 254 million reais ($144 million), the company said in a regulatory filing Oct. 26. Sao Paulo-based Iochpe Maxion rose 10 centavos, or 0.3 percent, to 36 reais.

Sadia SA (SDIA4 BS): Third-quarter margins at Brazil's biggest food processor were below those of its main competitor, Perdigao SA, because a narrower range of products led to higher costs for Sadia, Ativa Corretora analyst Diana Liteski wrote in a report e-mailed Oct. 26. Concordia, Brazil-based Sadia rose 34 centavos, or 2.9 percent, to 11.90 reais.

Chile

Aguas Andinas SA (AGUAS/A CC): Chile's biggest water company said profit in the first nine months of the year rose 7.9 percent to 68.3 billion pesos ($137 million) from 63.3 billion in the same period last year, according to data published on the regulator's Web site after the close of trading on Oct. 26. Aguas Andinas rose 99 centavos, or 0.4 percent, to 233 pesos.

Mexico

Fomento Economico Mexicano SAB (FEMSAUBD MM): Latin America's largest beverage company said third-quarter profit rose 10 percent to 2.34 billion pesos ($218 million) on higher Coca-Cola sales in South America. Revenue increased 7.2 percent to 36.7 billion pesos, the company, known as Femsa, said in a statement posted on its Web site on Oct. 26. Femsa shares fell 10 centavos, or 0.2 percent, to 40.97 pesos.

Grupo Televisa SAB (TLEVICPO MM): Analyst Martin Lara of Vector Casa de Bolsa in Mexico City reduced the price at which he expects shares of the world's largest Spanish-language broadcaster to trade at the end of next year by 6.4 percent to 73 pesos. Lara reduced estimates for profits in 2008 and 2009 based on lower-than-expected revenue from gaming and narrower profit margin in the company's satellite business, he wrote in a report e-mailed Oct. 26. Shares fell 83 centavos, or 1.6 percent, to 52.88 pesos.

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