Bloomberg News

Rossi Residencial Falls After Reporting Drop in Contracted Sales

July 12, 2012

Rossi Residencial SA (RSID3) tumbled after reporting that its contracted sales fell 24 percent to 682 million reais ($334 million) in the second quarter from a year earlier. The shares were down 5.8 percent to 4.04 reais at 11:20 a.m. in Sao Paulo.

To contact the reporter on this story: Dennis Fitzgerald in New York at dfitzgerald5@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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