By Jeffrey T. LewisSÃO PAULO--Preferred shares of Usinas Siderurgicas de Minas Gerais, or Usiminas, rose 5% after the Brazilian steelmaker reported third-quarter earnings that were better than expected. Shares reached 6.28 reais, the equivalent of $1.27, and were down 16% from the end of last year through Thursday's close. Brazil's benchmark Ibovespa stocks index was little changed in mid-morning trading.

Source: Wall Street Journal October 27, 2023 22:57 UTC