Stocks Petroleo Brasileiro SA - Petrobras

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  • RIO DE JANEIRO, Dec 14- Brazil's state of Rio de Janeiro, home to the bulk of the country's oil production, threatened on Monday to impose a new tax on oil and natural gas in the state if the country's oil regulator ANP does not adjust its royalty calculation. Rio de Janeiro produces 67 percent of Brazil's oil and 40 percent of its natural gas. Among the state's main...

  • SAO PAULO, Dec 14- Brazilian prosecutors on Monday charged Jose Carlos Bumlai, a friend of former President Luiz Inacio Lula da Silva, with taking out a fraudulent loan from Schahin bank that they allege benefited the ruling Workers' Party. "Jose Carlos Bumlai was an operator for a political party, an operator for the Workers' Party," lead prosecutor Deltan Dallagnol...

  • SAO PAULO, Dec 10- Marcelo Odebrecht, the former chief executive of Grupo Odebrecht, has formalized his departure from Latin America's largest engineering group after six months in prison on corruption charges, the Brazilian company said on Thursday. Newton de Souza will stay on as chief executive of Odebrecht SA and chairman of the other companies.

  • 6 stocks to avoid amid oil battering Thursday, 10 Dec 2015 | 6:41 PM ET

    After crude oil prices slipped further Thursday, "Fast Money" traders projected more pain for some battered energy stocks.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed well off session highs, but mostly shook off the decline in oil as beaten-down sectors such as energy were among the top gainers.

  • SAO PAULO, Dec 10- When Grupo BTG Pactual SA took control of apparel and home furnishing retailer Leader Participações SA about three years ago, it looked like a classic turnaround play: a threadbare chain that could be revamped to serve Brazil's burgeoning middle class. Esteves was arrested Nov. 25 on obstruction of justice charges related to a graft...

  • concern@ SAO PAULO, Dec 10- Latin American currencies were mostly steady on Thursday ahead of a U.S. Federal Reserve policy meeting next week, while Brazilian stocks slipped on concern Moody's Investors Service will cut the country's debt ratings to junk. "The event of losing two investment grade ratings is widely anticipated as political crisis and...

  • Early movers: CVX, FB, YUM, NCLH, JCP & more Thursday, 10 Dec 2015 | 8:49 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Thursday's early movers: CVX, FB, YUM, NCLH, JCP & more

  • SAO PAULO, Dec 7- Brazilian federal prosecutors presented formal charges against billionaire financier Andre Esteves and Senator Delcídio do Amaral on Monday, accusing them of obstructing a criminal investigation into state-run oil company Petrobras, according to a source familiar with the matter. Esteves, a founder and top shareholder of investment...

  • BRASILIA, Dec 4- Brazil's troubled investment bank Grupo BTG Pactual is considering the sale of a series of assets to interested investors to improve its liquidity but has not signed any deals yet, the bank said on Friday in a securities filing. Earlier on Friday, BTG Pactual SA said it had secured a 6 billion-real lifeline from a deposit guarantee fund backed by...

  • SAO PAULO, Dec 4- Embattled investment bank Grupo BTG Pactual SA has secured a $1.6- billion lifeline from a deposit guarantee fund backed by Brazil's top banks as it bids to bolster cash and stem outflows following the arrest of founder André Esteves last week. In a statement, BTG Pactual said it placed a pool of outstanding loans as collateral to back the 6-...

  • SAO PAULO, Dec 4- Brazil's deposit guarantee fund on Friday provided Grupo BTG Pactual SA a credit facility worth 6 billion reais, bolstering cash at Latin America's biggest independent investment bank after its founder's arrest last week sent clients scrambling to withdraw their money. In a statement, BTG Pactual said it placed a pool of outstanding loans as...

  • LONDON, Dec 3- Brazil's London- listed, exchange-traded equity fund jumped more than 4 percent and company ADRs also rose on Thursday after the parliament of Latin America's biggest economy began impeachment proceedings against President Dilma Rousseff. Investors warmed to the assets after the speaker of Brazil's lower house of Congress opened...

  • LONDON, Dec 3- Emerging market stocks extended losses on Thursday after the Federal Reserve chief reinforced the case for an interest rate hike while Brazilian assets abroad gained as lawmakers started impeachment proceedings against President Dilma Rousseff. MSCI's broadest emerging market index slipped 0.4 percent in its second straight day in the red...

  • MEXICO CITY, Dec 2- Latin American stocks fell on Wednesday after comments from Janet Yellen boosted expectations of a U.S. interest rate hike and oil dipped below $40 a barrel, boding poorly for the region's crude producers. The Fed's next policy meeting is Dec 15-16. Colombia's stock index closed at its lowest level since April 2009 while Mexico's IPC stock...

  • RIO DE JANEIRO, Dec 2- Thirty-two companies are currently banned from doing work for Brazil's state-run oil company Petroleo Brasileiro SA because of an ongoing corruption investigation, the oil firm's head of governance João Elek said on Wednesday. A CGU spokesman confirmed Queiroz Galvão Oleo e Gas was no longer being investigated because of lack of...

  • SAO PAULO, Dec 2- Most Latin American currencies were little changed in Wednesday trading as investors avoided making big bets ahead of speeches by U.S. "If investors can be sure that the U.S. economy is solid we might anticipate a positive response; but investors can't be sure," Standard Bank analysts wrote in a client note. Brazil's stock exchange suspended...

  • SAO PAULO, Dec 1- Moody's Investors Service stripped Brazil's troubled Banco BTG Pactual S.A. of its investment grade on Tuesday as confidence in the investment bank's future and its bonds slumped following the arrest of its founder André Esteves in a corruption probe. Since Esteves' detention on Nov. 25, managing partners at BTG Pactual have sped up sales of...

  • SAO PAULO, Dec 1- Grupo BTG Pactual SA's bonds slumped for a second day on Tuesday on concern about fallout from the arrest of its largest shareholder, André Esteves, despite management efforts to shore up cash reserves at Latin America's largest independent investment bank. Since Esteves' detention on Nov. 25, managing partners at BTG Pactual have sped up sales...

  • SAO PAULO, Dec 1- Grupo BTG Pactual SA's bonds slid for a second day on Tuesday on concern that fallout from the arrest of its largest shareholder, André Esteves, could hamper steps to shore up cash holdings at Latin America's largest independent investment bank. Since Esteves' detention on Nov. 25, managing partners at BTG Pactual have sped up sales of assets and...