Latest update from scandal shaken Petrobras SA (ADR) (NYSE:PBR), the largest state owned oil-producing outfit in Brazil, has let it be known that the company will miss not only its production target for 2014 but also its earnings report. Details pertaining to this update were discussed by Michelle Caruso-Cabrera on CNBC wherein she said that…
Petrobras SA (ADR) (PBR) – Resilience Personified In Adversity
Latest figures released by Petrobras SA (ADR) (NYSE:PBR), the largest oil company in Latin America, have shown a substantial increase in the volume of oil produced in October, 2014, as against the same month last year. On 28th October, 2014, the company released the news that it had managed to almost double its production from…
Petrobras SA (ADR) (PBR) Left with No Choice but to Follow Auditor’s Demands
At a time when most companies are busy filing their third quarter returns and bearing the outcome on their share prices, Brazilian oil-company Petrobras SA (ADR) (NYSE:PBR) is unable to do so owing to its auditing firm PriceWaterhouse Coopers. While PwC refused to comment on the issue on grounds of upholding client’s confidentiality, the state…
Bank of America Corp (BAC), Sprint Corporation (S), and Petroleo Brasileiro Petrobras SA (ADR) (PBR): Most Active Stocks of the Week
Bank of America Corp (NYSE:BAC), Sprint Corporation (NYSE:S), and Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) are among the top three stocks traded over the week with highest trade volume. Both Bank of America Corp (NYSE:BAC) and Sprint Corporation (NYSE:S) are trading above their average price. Bank of America Corp (NYSE:BAC) was the most traded share…
Bank of America Corp (BAC), Petroleo Brasileiro Petrobras SA (ADR) (PBR), and Twitter Inc (TWTR): Most Active Stocks Of The Week
As per the NYSE Most Active Stocks database of Wall Street Journal, Bank of America Corp (NYSE:BAC), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), and Twitter Inc (NYSE:TWTR) were the most active stocks of the last week. Each of these stocks was traded in large volumes because of one or the other reasons. Bank of America…