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Friday, September 3, 2010

Brazil Second-Quarter GDP Slowed Less Than Expected

Petrobras sells 64 bln dlrs of stock to fund explorationRIO DE JANEIRO — Brazil's Petrobras unveiled one of the world's biggest share offerings on Friday, a sale of up to 64 billion dollars in new stock to...
AFP ( 9/3/2010 6:45:31 AM -08:00 )

Petrobras Seeks $64 Billion From Share Sale
By ROGERIO JELMAYER SAO PAULO—Brazil's state-run energy company Petroleo Brasileiro SA, or Petrobras, on Friday launched its offer to raise about $64...
Wall Street Journal ( 9/3/2010 6:44:27 AM -08:00 )

Brazil Second-Quarter GDP Slowed Less Than Expected
Brazil's economy expanded faster than expected in the second quarter, on a record jump in...
Bloomberg ( 9/3/2010 6:22:07 AM -08:00 )

Brazil's Bovespa Stock Index Gains on Petrobras Share Sale Plan
Sept. 3 (Bloomberg) -- Brazil's Bovespa stock index gained after Petroleo Brasileiro SA said it plans to sell as much as 55 billion...
BusinessWeek ( 9/3/2010 5:48:44 AM -08:00 )

Brazil's Petrobras unveils $64 bln share offer
BrazilRIO DE JANEIRO — Brazil's state-run oil company Petrobras on Friday unveiled a huge share offering which could raise 64 billion dollars to help finance new...
AFP ( 9/3/2010 5:45:30 AM -08:00 )

Petrobras Plans to Raise $32 Billion From Minority Shareholders
Sept. 3 (Bloomberg) -- Petroleo Brasileiro SA, Latin America's largest company by market value, plans to sell as much as 55...
BusinessWeek ( 9/3/2010 5:12:39 AM -08:00 )

Petrobras Could Raise $75 Billion in Offering
Petroleo Brasileiro, Brazil's state-controlled oil company, may raise as much as 129 billion reais ($75 billion) in a sale of new voting and preferred...
New York Times (blog) ( 9/3/2010 3:05:34 AM -08:00 )

Real Traders Defy Mantega as Currency Gains for Third Week: Brazil Credit
Brazilian Finance Minister Guido Mantega is failing to convince currency traders that the...
Bloomberg ( 9/2/2010 7:19:43 PM -08:00 )

Petrobras capital plan to boost reserves by 35 pct
RIO DE JANEIRO, Sept 2 (Reuters) - Brazil's state-run oil company Petrobras's (PBR.N) proven oil reserves could rise 35 percent as a result of access to new...
Reuters ( 9/2/2010 2:55:09 PM -08:00 )

Petrobras looks to raise $25bn with share issue
Petrobras, Brazil's national oil company, is due to release details on Friday of a share issue, which is looking to raise...
Financial Times ( 9/2/2010 1:31:13 PM -08:00 )

EMERGING MARKETS-Latam stocks slip ahead of US jobs data
SAO PAULO, Sept 2 (Reuters) - Latin American stocks edged lower on Thursday as investors booked profits one day ahead of the release of key...
Reuters ( 9/2/2010 1:19:50 PM -08:00 )

Americas markets wrap: Petrobras rises on oil-for-shares deal, US data lifts
Americas markets wrap: Petrobras rises on oil-for-shares deal, US data liftsNews that Petrobras agreed a price for its oil-for-shares swap with the Brazilian government lifted shares of the state-controlled oil group...
Financial Times (blog) ( 9/2/2010 1:18:58 PM -08:00 )

Petrobras deal shows it's more Gazprom than Exxon
Petrobras is shaping up more like Gazprom than Exxon Mobil. By overpaying for 5 billion barrels of reserves, the Brazilian state-controlled oil group is...
Reuters Blogs (blog) ( 9/2/2010 12:16:49 PM -08:00 )

Pricey Petrobras Oil Deal Removes Share Sale Hurdle
RIO DE JANEIRO—A deal between Brazil's government and oil company Petroleo Brasileiro, or Petrobras, has removed some doubts that the company...
Wall Street Journal ( 9/2/2010 12:05:36 PM -08:00 )

Petrobras shares up as oil-rights deal moves ahead
LOS ANGELES (MarketWatch) -- Sao Paulo-traded shares of Brazilian oil giant Petroleo Brasileiro SA rose Thursday,...
MarketWatch ( 9/2/2010 11:56:28 AM -08:00 )

FACTBOX-Details on Petrobras' capitalization plan
Sept 2 (Reuters) - Brazilian state oil company Petrobras (PETR4.SA) is preparing a massive capitalization program that will help raise up to $25 billion in...
Reuters ( 9/2/2010 10:38:49 AM -08:00 )

Petrobras Is Paying Too Much for Reserves, Minority Shareholder Group Says
Petroleo Brasileiro SA, Latin America's largest company by market value, is overpaying the government...
Bloomberg ( 9/2/2010 9:19:02 AM -08:00 )

Petrobras local shares rise after share-swap deal
LOS ANGELES (MarketWatch) -- Preferred shares of Brazil's Petrobras (NYSE:PBR) traded in Sao Paulo Thursday afternoon outperformed the broader market after...
MarketWatch ( 9/2/2010 8:38:03 AM -08:00 )

Bovespa Falls on Speculation Investors Preparing for Petrobras Share Sale
The Bovespa stock index fell on speculation investors will sell shares of Brazil's...
Bloomberg ( 9/2/2010 8:04:17 AM -08:00 )

EMERGING MARKETS-Latam stocks dip on profit-taking
SAO PAULO, Sept 2 (Reuters) - Latin American stocks traded nearly unchanged in early trading on Thursday as a bout of profit-taking was...
Reuters ( 9/2/2010 7:45:10 AM -08:00 )