SAO PAULO/RIO DE JANEIRO, Sept 17 (Reuters) - Brazilian oil giant Petrobras said on Friday its massive share issue could reach $79 billion, expanding what was already the largest stock offer in history in a possible sign of strong …
Brazil's state-owned oil giant Petrobras (NYSE: PBR) is one of the country's brightest economic gems and most embarrassing political black eyes. The tug-of-war being waged between these identities has been playing out in real …
Some fans still pay homage to the bull by visiting his grave. Last year, D&H Cattle Co. pulled off a feat never done before by a PBR stock contractor. The Oklahoma breeders had both the PBR World Champion Bull in SweetPro's Long John …
Related: World's most corrupt industries Petrobras (PBRA) stock has fallen 53% since September when the scandal first erupted. Its credit default swaps, indicating the risk investors attach to the company, soared over 200 basis points this …
RIO DE JANEIRO, Jan 22 (Reuters) - Shares in Brazilian state-run energy giant Petrobras shot up on Tuesday after Monday’s sell-off, fueled by a major natural gas discovery that confirms the high potential of the subsalt cluster off …
Petroleo Brasileiro Petrobras SA (NYSE: PBR) has dived in the last year, with shares falling 36%. Macro conditions in Brazil have not been particularly strong and some investors have begun to worry about political risk attached to the …
Preferred shares of Petrobras (PETR4.SA), the company’s most widely traded class of stock, accelerated gains on the news and closed 4.2 percent higher on Friday at 13.60 reais, a two-week high. By listing BR Distribuidora on more than …
Indeed, the stock exchange announced that Lula would preside over a special ceremony Friday marking the offering that has propelled Petrobras up the ranks of the largest oil and gas companies in terms of market capital. The government, …