Petroleo Brasileiro Petrobras SA (PBR.N)
21 Nov 2014
|Market Cap (Mil.):||$63,066.84|
|Shares Outstanding (Mil.):||6,522.25|
SAO PAULO/BRASILIA, Nov 21 - President Dilma Rousseff expects a bribery scandal at state-run oil company Petrobras to deteriorate in coming months, aides say, with arrests possible for some political allies and potentially serious damage to an economy that is already struggling.
CURITIBA, Brazil, Nov 20 - In a country where big court cases often drag on for a decade or more and abruptly fall apart on technicalities, the man leading a bribery probe at Brazil's state-run oil firm Petrobras is described by allies and even rivals as perfectly suited to the task.
(Adds canceled $720-million contract with Iesa Oleo e Gas, paragraph 8)
NEW YORK, Nov 18 (IFR) - Brazilian state-run oil company Petrobras is likely to put off new debt sales until closer to mid-2015, as it grapples with a money-laundering and corruption investigation that has temporarily shut it out of the capital markets, say analysts and bankers.
By Paula Laier SAO PAULO, Nov 18 - Latin American markets mostly rose on Tuesday as the S&P 500 reached a record high, boosting investor appetite for risk in general, but caution sent Chile's peso to a six-month low before a central bank monetary policy meeting. Brazil's benchmark Bovespa index gained more than 1 percent as a rise in banking stocks offset a fall in shares of state-run oil company Petrobras, which has been hit by a corruption scandal. Investors remained caut
SAO PAULO, Nov 18 - Brazil's President Dilma Rousseff is politically responsible for a growing money-laundering and bribery scandal at state-run oil company Petroleo Brasileiro SA, although she was probably not personally involved enough to justify impeachment, the main opposition party's leader in the Senate said.
(Adds comment from former executive, updates share performance)
SAO PAULO, Nov 17 - Brazil's state-run oil firm Petroleo Brasileiro SA expects its oil output to grow 5.5 percent to 6 percent in 2014 from 2013, below its targeted increase for the year, according to a company presentation released on Monday.
RIO DE JANEIRO, Nov 17 - Brazil's embattled state-run oil company Petroleo Brasileiro SA will address on Monday its failure to release its audited third-quarter financial results due to a widening corruption scandal that has caused its shares to fall
Nov 16 - A widening corruption scandal at state-run oil company Petroleo Brasileiro SA may change the country forever, Brazilian President Dilma Rousseff said on Sunday in her first public remarks since a sweeping police operation last week.
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