Leme

Then, on December 14, 1937, about one month after a secret Nazi agent arrived in Central America with orders to step on the propaganda and organizational activity, the Italian S.S. "Leme" sailed out of Naples with a cargo of guns, armored cars, mountain artillery, machine guns and a considerable amount of munitions.

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"I don't like the way this business is being handled," said João Pedro Brugger , who manages $100 million in securities at the Leme Investment Fund and sold his shares in the Brazilian company this week.

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"The moment doesn't appear to be ideal," João Pedro Brugger , who manages $100 million in debt and equities for the Leme Investment Fund, said about Perenco's plans.

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Leme's Mr. Brugger said Perenco has a good chance of success with its IPO if it targets deep-pocketed institutional investors looking for a cheap entry into Brazil's offshore oil frontier, he said.

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"The bottom line is that it's much more positive for investors to see a company investing in expansion rather than buying its own dshares, because profitability comes from productivity trends over the long term," said João Pedro Brugger , who manages $100 million in securities at the Leme Investment Fund.

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"We expect to announce soon the distribution of our channel," said Gustavo Leme , general director of Fox International Channels in Brazil.

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"The moment doesn't appear to be ideal," João Pedro Brugger , who manages $100 million in debt and equities for the Leme Investment Fund, said about Perenco's plans.

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"We believe that the report published today raises the possibility that the central bank prefers to do less rather than more in terms of raising interest rates," Goldman Sachs economist Paulo Leme said in a note.

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Leme's Mr. Brugger said Perenco has a good chance of success with its IPO if it targets deep-pocketed institutional investors looking for a cheap entry into Brazil's offshore oil frontier, he said.

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"The economy is decelerating faster than we expected," Paulo Leme, a Goldman Sachs analyst, wrote this week.

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