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Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Looks To Fuel its Thermoelectric Plant Located in Brazil

Boston, MA 08/20/2014 (wallstreetpr) – According to reports, Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) and YPFB; a Bolivian state-owned gas and oil company agreed to continue the natural gas supply to a Brazilian thermoelectric power plant till December 31, 2016. What’s the current status: YPFB supplies 2.24 million cubic feet of natural gas on a daily […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Won’t Dilute Shares Prior To 2030

Boston, MA 07/03/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) made an important announcement this week that should come as good news for shareholders. The company’s CEO said she don’t expect to issue new shares that would have a dilutive impact on the stock before 2030. The company has 2030 as the end horizon […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR): Reissuing Drilling Services Contract

Boston, MA 07/01/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has reported a reduction in its rig fleet that is resulting in a drop in the suppliers margins. As a result, Petrobras is set to reissue a drilling services contract. It has plans to offer $2 billion in the so-called supply contracts. The specialty […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)’S Former Executive, Paulo Roberto Costa Re-Arrested In Money-Laundering Scheme Case

Boston, MA 06/13/2014 (wallstreetpr) – Paulo Roberto Costa, the former executive of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), which is a state-run oil company, was arrested again on June 11, 2014 in the money-laundering scheme case. Paulo Roberto Costa is still under investigation for being involved in the money-laundering scheme. He was re-arrested after the prosecutors […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR): Facing A Downfall

Boston, MA 04/25/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has a story disheartening that it could make you shed a tear or two. In the times not very far from today Petroleo Brasileiro had become one of the top rankers in the list of public traded companies. People were of the opinion that it […]

ItauUnibanco Holding SA (ADR) (NYSE:ITUB) Steps In To Salvage Brazilian Energy Situation

Boston, MA 04/23/2014 (wallstreetpr) – Brazil’s government has stepped in to take stock of the situation and help in controlling the situation by offering loans. As per a government announcement yesterday, Brazil’s Electric Energy Trading Board will distribute funds to the energy distributing companies. A loan of 11.2 billion-real ($5.1 billion) will be disbursed through 11 […]

Banco Bradesco SA (ADR) (NYSE:BBD) Capturing Domestic Market:

Boston, MA 04/23/2014 (wallstreetpr)  –  Banco Bradesco SA (ADR) (NYSE:BBD) is Brazil’s second largest bank; the bank feels it has not captured the local market fully. There is still a lot of untapped local market, and it does not make sense to venture into international markets right now. In the future if the need arises […]

Banco Bradesco SA (ADR) (NYSE:BBD) Will Stay Domestic

Boston, MA 04/22/2014 (wallstreetpr) – Banco Bradesco SA (ADR) (NYSE:BBD) has decided to concentrate on the local domestic market instead of venturing overseas. Being based in Brazil, Latin America, it realizes that the existing potential in its domestic market is still untapped. Only after it can fully cater to the local consumption will it venture out […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) – Feels Shaky This Time!

Boston, MA 04/21/2014 (wallstreetpr) –  On April 17, 2014 a commentary publication was released from a Brazil based oil and gas company, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR). The company is supposed to take over the refineries in Texas. The CEO, Director of the company Maria das Gracas Silva Foster announced that the plants are […]

Banco Bradesco SA (ADR) (NYSE:BBD): Confines Itself To The Domestic Markets

Boston, MA 04/21/2014 (wallstreetpr) – Banco Bradesco SA (ADR) (NYSE:BBD) has decided to concentrate on the local, domestic market instead of venturing overseas. Being based in Brazil, Latin America, it realizes the existing potential in its domestic market is still untapped. Only after it can fully cater to the local consumption will it venture out to […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR): Mixed Bag Response

Boston, MA 04/14/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has had a mixed response since its earnings have not been that good yet it has been trying on new ventures. Petroleo Brasileiro Petrobras has made an announcement that its new oil well has started its operation and will now begin producing a significant amount […]

Hot Three Stocks Today: Plug Power Inc (NASDAQ:PLUG), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Lululemon Athletica inc. (NASDAQ:LULU)

Boston, MA 03/27/2014 (wallstreetpr) – For now, Plug Power Inc (NASDAQ:PLUG) seems to be inviting back the memories of 2000 when the stock hit a lifetime high of $1,510, a price range that it long-deserted. Although the stock stands a far cry from its historic price, recent months have been very exciting, and all that […]

Wall Street Recap: NII Holdings Inc (NASDAQ:NIHD), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), JPMorgan Chase & Co. (NYSE:JPM)

Boston, MA 03/04/2014 (wallstreetpr) – NII Holdings Inc (NASDAQ:NIHD) was Monday placed on negative outlook by S&P Ratings Services. The holding company that operates Nextel Communications Inc had its corporate credit observation reduced from ‘CCC+’ to ‘CCC.’ That negative outlook was linked to the company’s recent lackluster fourth quarter 2013 performance results. The lowered credit […]

Exciting Monday Stocks: Central European Media Enterprises Ltd. (NASDAQ:CETV), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), General Motors Company (NYSE:GM)

Boston, MA 03/03/2014 (wallstreetpr) – Central European Media Enterprises Ltd. (NASDAQ:CETV) shares jumped more than 92 percent in the last trading session before settling up almost 75 percent to $4.74. There were two reasons to explain the surge of the stock. First was that the company reported financial results which showed narrow loss compared to the […]

On the Spotlight: Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Comcast Corporation (NASDAQ:CMCSA), Vodafone Group Plc (ADR) (NASDAQ:VOD)

Boston, MA 02/26/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) which is now known as the most indebted oil major in the world ended up reporting drop in profits in the latest quarter. The company announced that its profit declined due to losses made in diesel and gasoline sales. PBR continues to important and […]

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