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Petroleo Brasileiro Petrobras SA

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  • Midday movers: Actavis, NRG, Tesla Motors & more Wednesday, 5 Nov 2014 | 1:06 PM ET

    Some of Wednesday's midday movers:

  • RIO DE JANEIRO, Nov 4- Brazil's state-run oil company Petroleo Brasileiro SA has yet to make a decision to adjust the domestic price of key vehicle fuels, the company said in a statement on Tuesday. With its 13 domestic refineries unable to meet all Brazil's rising needs, it must buy fuel abroad, selling every barrel of imported gasoline and diesel at home at a loss.

  • RIO DE JANEIRO, Nov 1- Brazil's Petrobras failed to get its third-quarter earnings approved by PriceWaterhouseCoopers as the auditing firm demanded wider investigation into a corruption scandal plaguing the state-run oil company, newspaper O Estado de S.Paulo said on Saturday. Estado reported that Petrobras' board, which is presided by Finance Minister...

  • Brazil shocks with rate hike after election Wednesday, 29 Oct 2014 | 8:40 PM ET
    Brazil's president and Workers' Party (PT) presidential candidate Dilma Rousseff reacts during news conference after the disclosure of the election results in Brasilia Oct. 26, 2014.

    Brazil's central bank raised interest rates, a move that signals President Rousseff could make more market-friendly policy changes after her win.

  • SAO PAULO, Oct 27- President Dilma Rousseff promised on Monday to make changes to her economic policies as she sought to build bridges with business leaders after narrowly winning re-election at the end of an acrimonious campaign. Rousseff said in television interviews the changes would be announced next month after broad discussions with industrial and...

  • SAO PAULO/ RIO DE JANEIRO, Oct 27- Brazilian financial markets fell on Monday as leftist President Dilma Rousseff's re-election victory dashed investor hopes of significant policy changes over the next four years. Brazil's real closed at a 9-1/ 2- year low. After the most divisive and tightest campaign since Brazil returned to democracy three decades ago,...

  • Market sentiment going forward will likely depend on whether or not the leftist president signals policy tweaks to boost Brazil's flagging economy, as hinted in a conciliatory first speech she gave after defeating pro-business challenger Aecio Neves on Sunday. "Brazil disappointed investors by returning incumbent Dilma Rousseff to the presidential...

  • BRASILIA, Oct 25- President Dilma Rousseff is heading into Sunday's presidential runoff vote with a slight lead in most polls over opposition candidate Aecio Neves, setting the stage for Brazil's tightest election in decades. A survey released on Saturday by polling firm Ibope gave Rousseff a 6- percentage point lead over Neves, while a closely-watched poll...

  • Fight night! Brazil candidates spar over corruption Saturday, 25 Oct 2014 | 6:28 AM ET

    Presidential candidates traded accusations over political corruption in a last ditch attempt to sway undecided voters.

  • BRASILIA, Oct 14- Brazil will maintain plans to raise domestic fuel prices this year, despite a sharp drop in international crude oil prices, to help debt-laden state-run oil company Petrobras, a government source said on Tuesday. The price of gasoline on the international market has slipped below the domestic price of the fuel in Brazil, Credit Suisse said in a...

  • SAO PAULO, Oct 13- Shares of Brazilian state-run companies skyrocketed on Monday as investors saw a higher likelihood of challenger Aecio Neves defeating President Dilma Rousseff in this month's election. Preferred shares of Petroleo Brasileiro SA, the oil producer known as Petrobras, soared about 11.5 percent and were on track to close with their biggest...

  • BRASILIA, Oct 9- Pro-business opposition candidate Aecio Neves has gained support and is running neck-and-neck with leftist President Dilma Rousseff ahead of Brazil's Oct. 26 presidential runoff, two polls showed on Thursday. The polls were the first by Brazil's two major polling firms since Sunday's first-round vote in which Rousseff won 41.6 percent of...

  • BRASILIA, Oct 9- Environmentalist Marina Silva said on Thursday she will wait for political pledges from pro-business opposition candidate Aecio Neves before backing him in the Oct. 26 runoff to Brazil's presidential election. An endorsement from Silva, who finished third in the election's first round on Sunday with 22 million votes, would increase Neves'...

  • SAO PAULO/ BRASILIA, Oct 7- President Dilma Rousseff's strategy of slamming bankers and playing up class divisions may give her the edge in this month's election but it further strains relations with business leaders just as Brazil's stagnant economy badly needs fresh investment. The leftist incumbent, who led the first round of voting on Sunday and now faces...

  • Here's why Brazilian stocks are soaring today Monday, 6 Oct 2014 | 4:47 PM ET
    Presidential candidate Aecio Neves (C) of the Brazilian Social Democracy Party (PSDB) and his wife Leticia Weber arrive to vote in general elections in Belo Horizonte, Oct. 5, 2014.

    Arminio Fraga, the man who could become finance minister of Brazil, knows what he wants to do to help that country's economy.

  • RIO DE JANEIRO/ SAO PAULO, Oct 6- Brazilian financial markets rallied on Monday after a pro-business candidate surged to a strong finish in Sunday's election, setting the stage for what is expected to be a tight runoff against leftist President Dilma Rousseff. Aecio Neves of the centrist Brazilian Social Democracy Party made a dramatic late surge from third...

  • RIO DE JANEIRO/ SAO PAULO, Oct 6- Brazilian financial markets rallied on Monday after a market-favorite candidate won strong voter support in Sunday's elections to challenge President Dilma Rousseff, whom investors accuse of driving Latin America's largest economy into a recession. Aecio Neves of the centrist PSDB party made a dramatic late surge from third...

  • RIO DE JANEIRO, Oct 6- Brazilian stocks, currency and bonds are expected to rally on Monday as a market-favorite candidate won strong voter support in a first-round of elections to challenge president Dilma Rousseff, whom investors accuse of driving Latin America's largest economy into a recession. "You had a scenario indicating that Dilma would get nearly...

  • BRASILIA, Oct 3- When more than a million Brazilians took to the streets last year in anti-government protests, many believed it was a sign that the ruling Workers' Party would be ousted at the next election after 12 years in power. Silva grew up in poverty in the Amazon and was for long a senior figure inside the Workers' Party but she has embraced more...

  • Watch Art Cashin: Lot of background nervousness Monday, 29 Sep 2014 | 3:12 PM ET
    Art Cashin

    Art Cashin of UBS Financial Services says geopolitical concerns have markets on edge. Brazil's upcoming elections weigh.