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Petrobras shares were down handily on Friday on news that Aldemir Bendine of Banco do Brasil is the current top choice to take up the reins as Petrobras CEO.
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If the news that Petrobras was losing its CEO and other executives was so good, then wouldn't the share gains have been greater?
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Petrobras shares had a double-digit gain on Tuesday on reports of rumors that the company's president will resign or be replaced.
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Petrobras said it had reached an agreement with its creditors regarding the release of its third-quarter 2014 financial statements to the external auditor.
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Wikimedia CommonsPetroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, just can’t seem to catch a break. Over the past few months it has been plagued by Brazilian elections, accounting troubles,...
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Azul S.A. has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.
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Wikimedia CommonsBrazil’s government-controlled oil giant Petroleo Brasileiro SA (NYSE: PBR), or Petrobras, issued a statement Tuesday morning saying that the company had received a subpoena from...
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Petrobras shares traded as much as 8% higher Friday morning, in the wake of news about possible finance minister candidates.
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Petrobras is proving that there are risks investing in Brazil that are above and beyond, regardless of election results.
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The outcome of the elections in Brazil are tamping down commodity prices in a serious way.
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Petrobras is getting to demonstrate all over again just how bad it is when a nation is under a socialist regime.
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Coffee was trading at around $2.20 a pound Tuesday morning, its highest price in two and a half years.
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President Dilma Rousseff of Brazil won the first round of voting Sunday in Brazil’s national elections.
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Petrobra, saw more than just a garden variety sell-off on Monday morning. The stock is tied to the Brazilian election more than it is to its own fundamentals.
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An important question to ask is whether Petrobras is simply becoming too much of a daily barometer for Brazil's upcoming presidential elections.
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