It wasn't in London. It wasn't in New York. It was here in São Paulo," then-President Luiz Inácio "Lula" da Silva said of Petróleo Brasileiro's stock sale, a record at the time. "Petrobras is an extraordinary triumph for Brazil's achievement."
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 …
Brazilian stocks are getting crushed today, as corruption allegations swirl around President Michel Temer. This has PBR stock 13.2% lower at $8.93, on the short-sale restricted (SSR) list, and on pace for its lowest close since August. This …
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 …
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 …
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 …
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 …