UPDATE 1-Shares in Brazil's Via Varejo plunge as expensive labor liabilities mount – Reuters.com

UPDATE 1-Shares in Brazil’s Via Varejo dive as costly labor responsibilities install – Reuters.com

Shares in Brazilian electronic devices as well as home appliances seller Via Varejo fell down on Thursday, tipping over 11% in early morning trading, after reporting a loss of 638 million reais ($117.47 million) in the 3rd quarter on pricey labor liabilities.Read More …