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Petroleo Brasileiro Petrobras News

News on Petroleo Brasileiro Petrobras (Ticker: PBR) continually updated from thousands of sources around the net.

Friday Jul 25 | Seeking Alpha

Brazil oil regulator OKs Petrobras plan to upgrade Marlim field

Brazil's oil regulator approves Petrobras' plan to upgrade development plan of the Marlim offshore oil field, one of the country's largest.

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Related Topix: Oil & Gas

Friday Jul 25 | Forbes.com

Friday's ETF with Unusual Volume: BIK

The SPDR S&P BRIC 40 ETF is seeing unusually high volume in afternoon trading Friday, with over 375,000 shares traded versus three month average volume of about 57,000.

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Related Topix: Baidu, Oil & Gas, Financial Markets

Friday Jul 25 | Bloomberg

Petrobras Raised by Barclays as Rousseff's Lead Slips

Petroleo Brasileiro SA , Brazil 's state controlled oil producer, was upgraded to the equivalent of buy by Barclays Plc, which sees the company's refining unit reversing losses with the possible arrival of a new government.

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Related Topix: Oil & Gas, South America, World News, Brazil,

Wed Jul 23, 2014

Bloomberg

Brazil Fines Ex-Petrobras Executives $792 Million on Refinery

Brazil 's audit court fined four former top officials of Petroleo Brasileiro SA , including ex-Chief Executive Officer Jose Sergio Gabrielli, a combined $792 million for mismanagement in the purchase of a U.S. refinery.

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Related Topix: South America, World News, Brazil, Oil & Gas,

Mon Jul 21, 2014

Bloomberg

Ibovespa Rises to 16-Month High as Election Poll Buoys Petrobras

The Ibovespa climbed to a 16-month high as a voter poll indicating dimmed prospects for President Dilma Rousseff lifted shares of state-run companies.

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Related Topix: Dilma Rousseff, Oil & Gas, Airlines, Gol Linhas Aereas Inteligentes SA, World News, Brazil

Fri Jul 18, 2014

Bloomberg

Petrobras Sells $270 Million Stake in Natural Gas Asset to Cemig

Petroleo Brasileiro SA , the world's most indebted publicly-traded oil company , agreed to sell a stake in a Brazilian natural gas distributor as it seeks to raise cash and divest lower return assets.

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Related Topix: Oil & Gas, South America, World News, Brazil,

Thu Jul 17, 2014

TheStreet.com

Why Petrobras (PBR) Stock Is Gaining Today

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Related Topix: Mozilla, TheStreet, Financial Markets, Warren Buffett, Oil & Gas

Seeking Alpha

Cramer's Mad Money - 5 Picks From The Delivering Alpha Conference

These managers were "thoughtful and constructive without being promotional about themselves and their funds."

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Related Topix: Oil & Gas, Blue Spark Technologies, Excelerate Labs, Banking, Financial Services, CitiMortgage, Citigroup, Compass Labs

Wed Jul 16, 2014

Insider Monkey

Nationstar Mortgage Holdings Inc (NSM), Springleaf Holdings Inc...

A few hours ago, Michael Novogratz of Fortress Investment Group spoke at the Delivering Alpha ConferenceA s panel on "Best Ideas," along with Omega Advisors' Leon Cooperman and Glenview Capital Management's Larry Robbins .

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Related Topix: Home, Mortgage, Personal Finance, Oil & Gas, Financial Markets

Tue Jul 15, 2014

MarketNewsVideo

Tuesday's ETF with Unusual Volume: BIK

The SPDR S&P BRIC 40 ETF is seeing unusually high volume in afternoon trading Tuesday, with over 192,000 shares traded versus three month average volume of about 54,000.

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Related Topix: Oil & Gas, ICICI Bank, Financial Services, Business News, Video

Mon Jul 14, 2014

Forbes.com

Monday's ETF Movers: ILF, GDXJ

In trading on Monday, the iShares Latin America 40 ETF is outperforming other ETFs, up about 1.4% on the day.

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Related Topix: Oil & Gas, Financial Markets

TheStreet.com

One Factor Driving Petrobras (PBR) Stock Up Today

The firm cited a compelling risk/reward profile and positive earnings momentum and maintained its "buy" rating on the stock.

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Related Topix: TheStreet, Oil & Gas, Financial Markets

Wed Jul 09, 2014

Forbes.com

Wednesday's ETF with Unusual Volume: DEF

The Guggenheim Defensive Equity ETF is seeing unusually high volume in afternoon trading Wednesday, with over 77,000 shares traded versus three month average volume of about 34,000.

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Related Topix: Apple, Startups, Oil & Gas, Financial Markets

TheStreet.com

Why Petrobras (PBR) Stock Is Climbing Today

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Related Topix: Mozilla, TheStreet, Oil & Gas, Financial Markets

Tue Jul 08, 2014

AmericanBankingNews.com

Petroleo Brasileiro Petrobras SA Rating Increased to Outperform at Zacks

The firm currently has a $17.60 target price on the stock. Zacks 's target price points to a potential upside of 21.80% from the stock's previous close.

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Related Topix: Oil & Gas, Stanley

Forbes.com

Petrobras' Prolific Pre-Salt Wells Now Pumping Half A Million Barrels Of Oil Per Day

Petroleo Brasileiro Petrobras recently announced that oil production from fields operated by it in the pre-salt areas of the Santos and Campos Basins offshore Brazil has exceeded 500,000 barrels per day.

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Related Topix: Oil & Gas

The Washington Post

Maersk Takes $1.7 Billion Writedown on Brazilian Oil Assets

A.P. Moeller-Maersk A/S said its oil and gas business will take a $1.7 billion writedown on its oil assets in Brazil, becoming the latest explorer to draw a blank in the country's energy boom.

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Related Topix: Oil & Gas, Business News

Mon Jul 07, 2014

TheStreet.com

How Will Petroleo Brasileiro Petrobras (PBR) Stock React To A...

The Holland-based company is currently under investigation in Brazil, the U.S., and the Netherlands regarding allegations SBM paid $250 million in bribes in South America and Africa, and $139 million in bribes in Brazil, Reuters added.

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Related Topix: Oil & Gas, Financial Markets, Business News

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