Azul SA, Brazil's third-biggest airline, will seek permission from securities industry watchdog CVM to delay plans to list its shares in S�o Paulo, a source with direct knowledge of the situation said. The request will be filed as early as Thursday, according to the source, who requested anonymity because the decision is private. Last month, Azul disclosed plans to list preferred shares on the Level 2 chapter of the S�o Paulo Stock Exchange, and American depositary shares on the New York Stock Exchange.Azul had hired the investment banking unit of Banco Santander Brasil SA to manage the initial public offering. Joint bookrunners included Ita� BBA, Morgan Stanley & Co, Goldman Sachs Group Inc and Banco do Brasil SA.Azul, which was created by JetBlue Airways Corp founder David Neeleman, declined to comment.
Banco Santander Brasil SA (the Bank) is a Brazil-based bank. Shares of BSBR traded higher by 1.82% or $0.09/share to $5.03. In the past year, the shares have traded as low as $4.48 and as high as $7.18. On average, 6549870 shares of BSBR exchange hands on a given day and today's volume is recorded at 1714235.
The Goldman Sachs Group, Inc. (Goldman Sachs), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS fell by 0.83% or $-1.495/share to $178.74. In the past year, the shares have traded as low as $151.65 and as high as $198.06. On average, 2907770 shares of GS exchange hands on a given day and today's volume is recorded at 2133981.
JetBlue Airways Corporation (JetBlue) is a passenger airline that operates primarily on point-to-point routes with its fleet of 120 Airbus A320 aircraft and 49 EMBRAER 190 aircraft. Shares of JBLU traded higher by 1.43% or $0.21/share to $14.88. In the past year, the shares have traded as low as $7.61 and as high as $16.21. On average, 9075800 shares of JBLU exchange hands on a given day and today's volume is recorded at 3617633.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS fell by 1.86% or $-0.655/share to $34.56. In the past year, the shares have traded as low as $28.31 and as high as $39.19. On average, 9449020 shares of MS exchange hands on a given day and today's volume is recorded at 12360671.
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