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June 18, 2014
08:57 EDTPBR.A, PBRPetrobras.a downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Petrobras.a (PBR.A) to Neutral saying it sees greater upside potential for Petrobras (PBR) in the short-term. Citi expects the dividend gap between the two share classes to close until 2018 and lowered its price target for Petrobras.a to $17.60 from $19. Citi keeps a Neutral rating on Petrobras but raised its price target for shares to $17 from $13.40.
News For A;PBR From The Last 14 Days
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July 22, 2015
06:59 EDTPBRPortugal joins Petrobras corruption probe, FT reports
A probe into alleged corruption at Petrobras is spreading internationally, with Portugal announced that it will help Brazil in its investigation of the company, the Financial Times reports. Portugal's move comes just after the U.S., Peru, Colombia, Ecuador, and Panama all said that are taking action in the investigation, the report says. Reference Link
July 21, 2015
10:34 EDTPBRHelix says in dialogue with clients to find ways to preserve contracted work
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July 17, 2015
18:14 EDTPBRPetrobras hires Citi, others to handle fuel distribution unit IPO, Reuters says
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July 15, 2015
05:52 EDTPBRStocks with implied volatility movement; PBR S
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