Stocks Petroleo Brasileiro SA - Petrobras

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  • 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...

  • 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

  • Brazil's woes deepened on Wednesday as Moody's Investors Service downgraded all ratings for embattled oil group Petrobras, the Financial Times reports.

  • 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...

  • SAO PAULO, Nov 30- Grupo BTG Pactual SA looked to new leadership to steer it out of crisis on Monday after controlling shareholder André Esteves resigned as CEO and chairman following his jailing as part of Brazil's sweeping corruption probe. Shares and bonds in Latin America's largest independent investment bank plummeted, reflecting concerns about the...

  • SAO PAULO, Nov 30- Brazil's Grupo BTG Pactual SA looked to new leadership to steer it out of crisis on Monday after controlling shareholder André Esteves resigned as CEO and chairman following his jailing as part of the country's sweeping corruption probe. Shares and bonds in Latin America's largest independent investment bank plummeted, reflecting...

  • SAO PAULO, Nov 30- Murilo Ferreira quit as chairman of Brazil's Petroleo Brasileiro SA, the state-controlled oil company said on Monday, without disclosing the reason for his decision. Ferreira had been on a leave of absence since Sept. 14, and Nelson Carvalho replaced him on an interim basis. Prosecutors have accused Brazil's leading engineering firms of...

  • SAO PAULO, Nov 30- Brazilian financier André Esteves resigned as chief executive officer and chairman of Grupo BTG Pactual SA late on Sunday after he was jailed as part of a corruption probe rapidly ensnaring Latin America's largest independent investment bank. Prosecutor General Rodrigo Janot used evidence and testimony from others under investigation...

  • Andre Esteves attends the Conservation International 16th Annual New York Dinner at The Plaza Hotel on May 15, 2013 in New York City.

    Esteves was placed under arrest following accusations that he interfered in a sprawling investigation into Petrobras, the FT reports.