Chile’s La Polar Falls on Speculation Omega Undervalues Stock

By Nathan Gill      May 29 (Bloomberg) — La Polar SA, Chile’s best-performing retailer this year, fell in Santiago trading on speculation Omega SA’s merger offer undervalues the company’s department stores.      The Santiago-based retailer slipped 0.9 percent to 1,927.9 pesos. The shares surged 15 percent yesterday for the biggest gain in seven months.     … Read More Chile’s La Polar Falls on Speculation Omega Undervalues Stock

Chile Department Store Ripley Rises to 11-Month High on Merger Speculation

By Nathan Gill      May 29 (Bloomberg) — Ripley Corp SA rose to the highest in more than 11 months on speculation the Chilean retailer will integrate its department-store chain with Grupo Saieh’s supermarkets after Saieh bought a 20 percent stake in the company this month.      Ripley climbed 5.8 percent to 418 pesos in… Read More Chile Department Store Ripley Rises to 11-Month High on Merger Speculation

Chile Confirms 21 New Cases of Swine Flu, Now Has 107

By Nathan Gill      May 26 (Bloomberg) — Chile’s health ministry confirmed 21 new cases of swine flu today, giving the country a total of 107, the health ministry said.      Nineteen of the new cases resulted from “community transmission” in four different regions, Osvaldo Sagrado, an official in charge of health-care networks at the… Read More Chile Confirms 21 New Cases of Swine Flu, Now Has 107

Chile Confirmed 10 Cases of Swine Flu, Bachelet Says

By Sebastian Boyd and Nathan Gill      May 19 (Bloomberg) — Chilean health officials confirmed five new cases of swine flu today, bringing the country’s total to 10, President Michelle Bachelet told reporters in Santiago.      The confirmed cases include three women who traveled from the Dominican Republic, and a further cluster of… Read More Chile Confirmed 10 Cases of Swine Flu, Bachelet Says

Chile Reports First Swine-Flu Victims, Minister Says

By Nathan Gill and Sebastian Boyd      May 17 (Bloomberg) — Two female tourists returning from the Dominican Republic became Chile’s first confirmed cases of swine flu, Health Minister Alvaro Erazo told reporters today in Santiago.      They arrived in Chile yesterday on Copa Airlines Flight 437 from the beach resort of Punta… Read More Chile Reports First Swine-Flu Victims, Minister Says