Impact of the credit crisis:

01/2009: fear that private companies may have borrowed too heavily overseas during boom years...and that dollar denominated debt may be too large as the Brazilian currency depreciates....has led the Brazilian central bank to offer $20 billion USD debt support to Brazils largest companies.

This is in addition to-- money the central bank has already provided $10 billion in credit lines to exporters.

Note: Brazilian companies have $61.6 billion of foreign debt coming due this year, including $44.9 billion of obligations that mature in less than a year

The 10 leading companies are:

World Rank	Company	Logo	Industry	Revenue (billion $)	Profits (billion $)	Assets (billion $)	Market Value (billion $)
21	Petrobras		Oil & Gas Operations	97.52	15.04	149.98	266.67
49	Vale		Mining	43.23	14.26	84.70	171.39
81	Banco Bradesco	align="center"	align="left" \| Banking	36.12	4.11	192.65	59.80
101	Banco do Brasil	align="center"	align="left" \| Banking	28.61	2.60	202.00	41.54
103	Banco Itaú		Banking	28.97	2.05	167.06	28.22
203	Unibanco		Banking	15.29	1.94	84.04	27.37
322	Eletrobrás		Utilities	9.20	0.54	56.62	18.08
514	Usiminas		Materials	5.82	1.18	8.63	19.14
519	Oi		Telecommunications Services	7.90	0.61	12.36	11.69
606	Gerdau		Materials	11.03	0.63	12.39	8.13

List from Forbes:

25	Petrobras-Petróleo Brasil	Brazil	Oil & Gas Operations	92.08	14.12	120.68	110.97
74	Vale	Brazil	Materials	30.75	9.28	79.26	66.14
78	Banco Bradesco	Brazil	Banking	39.97	3.26	194.51	26.75
106	Banco do Brasil	Brazil	Banking	33.38	3.77	223.13	14.96
163	Itaúsa	Brazil	Banking	39.41	1.16	265.22	13.56
215	Unibanco Group	Brazil	Banking	14.74	1.94	82.12	13.75
312	Eletrobrás	Brazil	Utilities	12.61	0.87	66.86	12.30
498	Metalurgica Gerdau	Brazil	Materials	22.82	1.65	25.99	2.79
535	CSN-Cia Siderurgica	Brazil	Materials	6.42	1.64	14.94	10.16

553	Tele Norte Leste	Brazil	Telecommunications Services	9.87	1.32	15.86	5.21
686	Usiminas	Brazil	Materials	6.85	1.41	11.49	5.39
709	Cemig	Brazil	Utilities	5.75	0.97	13.59	6.07
1064	CPFL Energia	Brazil	Utilities	4.23	0.56	6.48	6.35
1125	Banco Nossa Caixa	Brazil	Banking	3.96	0.28	22.94	3.15
1209	Redecard	Brazil	Business Services & Supplies	0.90	0.52	6.28	7.08
1242	BM&F Bovespa	Brazil	Diversified Financials	0.87	0.35	8.75	5.12
1327	Sabesp-Saneamento Basico	Brazil	Utilities	3.35	0.59	10.28	2.31
1353	Embraer	Brazil	Aerospace & Defense	5.61	0.37	8.61	2.01
1367	JBS	Brazil	Food, Drink & Tobacco	13.01	0.01	6.90	2.72
1444	Ultrapar Participacoes	Brazil	Oil & Gas Operations	11.19	0.10	5.17	3.08
1456	Bradespar	Brazil	Diversified Financials	2.06	0.61	4.68	3.30
1493	CBD-Brasil Distribuição	Brazil	Food Markets	8.37	0.12	6.58	2.85
1519	Copel	Brazil	Utilities	3.04	0.62	6.72	2.43
1525	Aracruz Celulose	Brazil	Materials	2.16	0.59	5.58	2.89
1597	CCR	Brazil	Transportation	1.32	0.33	2.36	3.93
1607	Braskem	Brazil	Chemicals	7.69	-1.07	9.44	1.21
1746	OGX	Brazil	Oil & Gas Operations	0.00	0.00	2.46	7.69
1747	Sadia	Brazil	Food, Drink & Tobacco	4.84	0.39	4.54	0.81
1939	Light	Brazil	Utilities	2.35	0.42	3.61	2.19
1946	Votorantim C P	Brazil	Materials	1.80	0.47	6.52	0.97
1956	Natura Cosmeticos	Brazil	Household & Personal Products	1.58	0.23	0.89	3.92

Source: http://www.forbes.com/lists/2009/18/global-09_The-Global-2000_Counrty_2.html

Brazilian Companies

Grupo Votorantim (http://www.votorantim.com.br), a Brazilian conglomerate with interests that include paper and pulp, cement, chemicals and agribusiness

petrochemical company, there is Braskem S.A. (BAK), the largest thermoplastics producer in Brazil. Unfortunately, the company has recently generated negative earnings; however, revenues for the latest quarter were up by 8.9%.
With growth in the rebuilding of infrastructure, the demand for steel should increase, and should benefit Companhia Siderurgica Nacional (SID), the second largest Brazilian steel manufacturer. The stock has a P/E of 15.5, and a yield, based on historical payments this year, of 13%.
Companhia Vale (RIO) is the second largest mining company in the world and the largest logistics operator in Brazil. The stock has a P/E of 7 and a yield of 1.1%.
Banco Itau Holding Financeira S.A. (ITU) is the second largest bank in Brazil, and also owns the investment company, Investimentos Itau. The stock has a P/E of 15.5 and a PEG of 0.84. It pays a small yield of 0.5%.
Telemig Celular Participacoes S.A. (TMB) is one of the largest cellular providers in Brazil. The stock has a P/E of 5 and pays a small yield of 0.%.
If you like beer, you'll love Companhia de Bebidas Das Americas (ABV) also known as AMBEV, which distributes beer, soft drinks sport drinks, and bottled water. The stock has a P/E of 19 and a PEG of 2.5. Their yield is 5.1%.
CPFL Energia S.A. (CPL) is one of the largest electrical utilities in Brazil with a P/E of 12 and a PEG of 8.13. The yield is 13.1% based on historical dividend payments.

see full list below...

MultiNationals in Brazil

Accenture Brasil Ltda.
Aegon Direct Marketing Sevices Inc.
Agcert do Brasil Soluções Ambientais Ltda.
Agrenco do Brasil S/A.
Ajinomoto Interamericana Indústria e Comércio Ltda.
Akzo Nobel Ltda.
Almeida Advogados
Amway do Brasil Ltda.
Anritsu Company
Antalis do Brasil Ltda.
Arjo Wiggins Ltda.
Asics Tiger do Brasil Ltda.
B2BR - Business to Business Informática do Brasil Ltda.
Banco de Tokyo-Mitsubishi UFJ Brasil S/A
Banco Votorantim S/A
Café Três Corações S/A
Canon do Brasil Indústria e Comércio Ltda.
Citrovita Agro Industrial Ltda.
Conecta Telecomunicações S/A.
CPV Editora Ltda.
Daiichi Jitsugyo do Brasil
Daido Industrial e Comercial Ltda.
Deloitte & Touche Consulting Group
Denso do Brasil Ltda.
Eder Santo Amaro - Olcave Indústria e Comércio de Carnes Ltda.
Flexsys Indústria e Comércio Ltda.
Fuji Hunt do Brasil Ltda.
Fuji Photo Film da Amazônia Ltda.
Fuji Photo Film do Brasil Ltda.
Hopi Hari S/A
Hospital do Câncer - Fundação Antonio Prudente
Huf do Brasil Ltda.
Iguaçu Cia. de Café Solúvel
Inlogs Logística Ltda.
Itochu Brasil S/A.
JTEKT Automotiva Brasil Ltda.
Kanjiko do Brasil Indústria Automotiva Ltda. - Kanto Jidosha
Kawasaki Aeronáutica do Brasil Indústria Ltda.
KDDI do Brasil Ltda.
Kumon Instituto de Educação Ltda.
L'Oreal - Procosa Produtos de Beleza Ltda.
Mabe Campinas Eletrodomésticos Ltda.
Mabe Itu Eletrodomésticos Ltda.
Makita Ferramentas Elétricas Ltda.
Marubeni Brasil S/A
Marubeni Itochu Steel Brasil Ltda.
MCS - Mobile Celullar Service Ltda.
Melco Automotivos do Brasil Ltda.
Melora do Brasil S/A.
Minolta Copiadora da Amazônia Ltda.
Mitsubishi Corporation do Brasil S/A
Mitsui Brasileira Importação e Exportação Ltda.
Mizuho Corporate Bank Ltd.
Nazca Cosméticos Indústria e Comércio Ltda.
NEC do Brasil S/A
Nesic Brasil S/A
Nissin Ajinomoto Alimentos Ltda.
Nutrin Sistemas de Alimentação Ltda.
Omron Bitron Automotiva do Brasil Ltda.
Omron do Brasil Ltda.
Panasonic do Brasil Ltda.
Pentel do Brasil Importação, Exportação, Indústria e Comércio Ltda.
Primotech21 Indústria e Comércio de Componentes Ltda.
Puma Sports Ltda.
Rossi Residencial S/A
Sankyo Seiki América, Inc.
Sanwa International do Brasil Ltda.
Sinanen Corporation
Smart Modular Technologies Indústria de Componentes Eletrônicos Ltda.
SMC Pneumáticos Ltda.
Sonoco Forplás S/A
Sony Brasil Ltda.
Sony Chemicals Corporation of America
Stiefel Laboratórios Ltda.
Sumidenso Brasil Indústrias Elétricas Ltda.
Takasago Fragâncias e Aromas Ltda.
THK Brasil Indústria e Comércio Ltda.
Toray Marketing e Vendas Ltda.
Toyota do Brasil Ltda.
Toyota Tsusho do Brasil Sociedade Comercial Ltda.
Tsubaki Brasil Representação Comercial Ltda.
Umicore Brasil Ltda.
Unibanco S.A.
Valeo Sistemas e Indústria Ltda
VCP - Votorantin Celulose e Papel S/A
Yakult S/A Indústria e Comércio
Yamaha Motor da Amazônia Ltda.
Yamaha Motor do Brasil Ltda.
Yamaha Musical Ltda.
Yaskawa Elétrico do Brasil Ltda.
Yazaki do Brasil Ltda.
YKK do Brasil Ltda.

BRAZIL BOVESPA STOCK IDX MEMBERS

					Time
ALL-UNITS	9.84	-0.26	-2.57	2,722,900	01/09
AMBEV-PREF	100.50	-1.30	-1.28	366,200	01/09
ARACRUZ-PREF B	2.80	-0.13	-4.44	12,004,000	01/09
B2W VAREJO	23.99	-0.21	-0.87	991,000	01/09
BANCO DO BRASIL	15.88	0.48	3.12	9,691,700	01/09
BANCO ITAU-PREF	28.55	-0.03	-0.10	3,198,700	01/09
BM&FBOVESPA SA	6.58	-0.20	-2.95	13,532,300	01/09
BRADESCO SA-PREF	24.14	-0.25	-1.03	4,611,800	01/09
BRADESPAR SA -PR	22.59	-0.48	-2.08	2,316,900	01/09
BRASIL TELE P-PR	17.05	-0.60	-3.40	298,000	01/09
BRASIL TELE PART	59.40	0.85	1.45	237,700	01/09
BRASIL TELE-PREF	12.80	-0.60	-4.48	649,400	01/09
BRASKEM-PREF A	5.88	-0.20	-3.29	917,100	01/09
CCR	24.89	0.38	1.55	645,600	01/09
CELESC-PREF B	35.37	-0.43	-1.20	27,100	01/09
CEMIG-PREF	32.80	0.30	0.92	1,379,400	01/09
CESP-PREF B	14.40	-0.68	-4.51	1,059,800	01/09
CIA DE TRANS-PF	42.10	0.05	0.12	317,300	01/09
COMGAS-PREF A	33.40	-0.60	-1.76	50,900	01/09
COPEL-PREF B	25.13	0.32	1.29	561,100	01/09
COSAN	12.40	-0.79	-5.99	657,300	01/09
CPFL ENERGIA SA	30.52	-0.03	-0.10	399,500	01/09
CYRELA	10.49	-0.31	-2.87	2,561,100	01/09
DURATEX-PREF	15.50	0.00	0.00	411,400	01/09
ELETROBRAS	25.90	-0.31	-1.18	1,105,500	01/09
ELETROBRAS-PR B	24.69	-0.03	-0.12	1,391,100	01/09
ELETROPAUL-PRF B	25.98	0.43	1.68	435,600	01/09
EMBRAER	10.45	0.04	0.38	1,070,500	01/09
GAFISA	13.00	0.09	0.70	1,334,600	01/09
GERDAU-PREF	18.74	-0.05	-0.27	5,461,600	01/09
GOL-PREF	11.96	0.06	0.50	833,200	01/09
ITAUSA-PREF	8.52	0.00	0.00	5,160,600	01/09
JBS	5.06	-0.05	-0.98	3,181,900	01/09
KLABIN SA-PREF	3.67	-0.12	-3.17	1,886,600	01/09
LIGHT SA	22.30	-0.11	-0.49	127,500	01/09
LOJAS AMERIC-PRF	6.37	0.03	0.47	1,863,700	01/09
LOJAS RENNER SA	16.66	0.26	1.59	748,600	01/09
MET GERDAU-PREF	24.71	-0.28	-1.12	946,500	01/09
NATURA	19.26	-0.07	-0.36	1,167,100	01/09
NET SERVICOS-PRF	14.64	-0.56	-3.68	1,470,900	01/09
NOSSA CAIXA	68.60	-0.02	-0.03	59,500	01/09
PAO ACUCAR-PREF	30.40	0.10	0.33	693,000	01/09
PERDIGAO	31.90	-1.50	-4.49	601,400	01/09
PETROBRAS	30.90	-0.05	-0.16	2,617,400	01/09
PETROBRAS-PREF	25.40	-0.10	-0.39	18,771,800	01/09
REDECARD SA	24.67	-1.03	-4.01	871,000	01/09
ROSSI RESID	4.95	-0.03	-0.60	2,178,500	01/09
SABESP	28.55	0.86	3.11	593,900	01/09
SADIA-PREF	3.74	-0.05	-1.32	2,708,300	01/09
SID NACIONAL	37.08	-0.47	-1.25	4,112,100	01/09
SOUZA CRUZ	45.70	-0.80	-1.72	248,100	01/09
TAM SA-PREF	21.85	-0.78	-3.45	534,900	01/09
TELE NORTE L-PRF	28.80	-0.80	-2.70	1,259,100	01/09
TELE NORTE LESTE	33.50	-1.11	-3.21	338,100	01/09
TELEMAR N L-PR A	51.80	-1.25	-2.36	173,300	01/09
TELESP-PREF	42.84	0.19	0.45	241,400	01/09
TIM PART	5.26	0.03	0.57	474,100	01/09
TIM PART-PREF	3.24	-0.11	-3.28	3,562,400	01/09
ULTRAPAR-PREF	52.97	-0.53	-0.99	203,100	01/09
UNIBANCO-UNITS	15.98	0.04	0.25	2,846,400	01/09
USIMINAS	28.05	-0.75	-2.60	641,700	01/09
USIMINAS-PREF A	30.71	-0.58	-1.85	3,639,900	01/09
VALE R DOCE	31.85	-0.53	-1.64	4,687,800	01/09
VALE R DOCE-PF A	28.23	-0.28	-0.98	18,363,000	01/09
VIVO-PREF	31.45	0.16	0.51	586,400	01/09
VOTORANTIM-PREF	19.15	-0.60	-3.04	355,400	01/09