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Scandal hit Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) becomes part o a latest allegation by former director

Boston, MA 10/10/2014 (wallstreetpr) – Paulo Roberto Costa, a former director of the Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) and currency broker Alberto Youssef have claimed, while testifying in the Brazilian Court of Justice that the treasurer of the Workers’ Party, which is the present ruling party, had received bribes from various works that were […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Books Losses On President Rouseff’s Comments

Boston, MA 09/29/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) nosedived by more than 11% during opening trade session today after the Brazilian President Dilma Rousseff called the company’s contributions to fund 2010 candidacy of Rousseff is baseless. The comments referred to an newspaper article that appeared in the weekly edition of Veja, disclosing […]

General Motors Company (NYSE:GM) To Launch Pickups With Appeal Beyond North America

Boston, MA 08/15/2014 (wallstreetpr) – General Motors Company (NYSE:GM), a leading global automaker but also a struggling one, has big survival plans, and one of them is a line of new pickup trucks and an increased focus on Brazil. The company’s plans went public in an article by The Wall Street Journal. Shares of the […]

Itau Unibanco Holding SA (ADR) (NYSE:ITUB) Gains On Broader Market Rally

Boston, MA 07/21/2014 (wallstreetpr) – Itau Unibanco Holding SA (ADR) (NYSE:ITUB) rallied by over 6% on Friday to close at $15.64, reflecting a broader market optimism over the first poll released last week. As per the numbers, Brazil President Dilma Rousseff’s precedence over other contestors has narrowed down and she is more likely to face […]

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