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SAC Capital Was in Talks to Settle Government Probe in Early May; Talks Have Apparently Broken Down: Source

Business News

PREVIEW-Petrobras profit seen rising with fuel price increase

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Published: Friday, 26 Oct 2012 | 3:32 PM ET
By: Jeb Blount and Leila Coimbra

Q3 2012 (Est.) Q3 2011 PCT CHANGE ============================================================== NET REVENUE 71.14 bln 64.18 bln 10.9 pct EBITDA 16.12 bln 16.67 bln -3.3 pct NET INCOME 7.60 bln 6.34 bln 19.9 pct ===============================================================

($1 = 2.03 Brazilian reais)

(Reporting by Jeb Blount and Leila Coimbra; Editing by Lisa Von Ahn)

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RIO DE JANEIRO, Oct 26- Brazilian state-led oil company Petrobras looks set to report a higher quarterly profit later on Friday after the government allowed price increases for wholesale gasoline and diesel for the first time in six years.

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