Posts
BLOOMBERG.
The combined market capitalization of Petrobras preferred and common shares dropped 13.3 billion reais ($7 billion) to 306.5 billion reais yesterday from 319.8 billion reais on Aug. 28. The company is the world’s fourth-largest oil producer by market value after Exxon Mobil Corp., PetroChina Co. and Royal Dutch Shell Plc.
“Petrobras fell because nobody knows well what the company’s role will be,” said David Zylberstajn.
Popular Posts
- CANADA / MEXICO / CHILE : Former BC Woman Cop Murdered In Playa Del Carmen; Barrick Gold Fined $16 Million For Pascua-Lama, May Suspend Mine.
- POLAND: Jaroslaw's Opposition Party Expells 3 Top Members.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- BRASIL: Truck Driver Escapes Watery Death.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- CHINA / VIDEO : Dissident Artist Ai Weiwei Releases Critical Funky Rock Video.
- EL SALVADOR : Supreme Court Ruling Threatens 60,000 Gang War Truce.
- ITALY : Ruby Heartstealer Testifies About Bunga Bunga Parties at Milano Trial.
- AUSTIN / TECHNOLOGY : TWITTER Is NewsBlog's New Home.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
