Tag Archives: Petrobras SA (ADR) (PBR)

Petroleo Brasileiro Petrobras SA (ADR) (PBR)

Petrobras SA (ADR) (PBR) Sinking Deeper Into the Murk

Petrobras SA (ADR) (PBR) Sinking Deeper Into the Murk

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

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