Brazil

Petrobras Gets New Street-High Analyst Target for Upside

Posted: April 8, 2019 at 3:06 pm

Petróleo Brasileiro S.A. (NYSE: PBR), or Petrobras, is not your traditional oil giant. Being a Brazilian state-controlled oil company with shareholder rights further down the line than most oil giants ...
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Is Brazilian Dam Failure an Existential Threat to Mining Giant Vale?

Posted: January 28, 2019 at 7:55 am

Brazilian iron-ore mining behemoth Vale S.A. (NYSE: VALE) suffered its second major disaster in just over three years last Friday when a company-owned dam failed, flooding the town of Brumadinho. ...
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Boeing May Have Mitigated One Problem Just in Time to Face Another

Posted: December 21, 2018 at 7:55 am

It's been a busy night for Boeing Co. (NYSE: BA). After U.S. markets closed Thursday, the company announced a deal for up to 100 of its 737 MAX aircraft with ...
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Boeing Pays $4.2 Billion for Stake in Embraer JV

Posted: December 17, 2018 at 7:55 am

Boeing Co. (NYSE: BA) and Brazil's Embraer S.A. (NYSE: ERJ) announced Monday morning that the two companies have approved the terms of a strategic partnership comprised of the commercial aircraft ...
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Major News Impacting Top Aluminum Players

Posted: October 3, 2018 at 10:05 am

Sometimes bad news for one company (or a country) is great news for another company. That's the case for Alcoa Corp. (NYSE: AA) and some other aluminum players on Wednesday. ...
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8 Nations Facing Sky-High Interest Rates and Inflation

Posted: September 5, 2018 at 12:20 pm

The year 2018 has turned out to be both interesting and challenging when it comes to the world's financial markets and economies. The United States has been the world's safe ...
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PagSeguro Enters the Market With a Bang

Posted: January 24, 2018 at 12:30 pm

PagSeguro Digital Ltd. (NYSE: PAGS) entered the market with a bang on Wednesday when it debuted in its initial public offering. Originally its 92.11 million shares were expected to price ...
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OECD Sees Global Growth Hitting 7-Year High

Posted: November 28, 2017 at 10:40 am

The global growth story continues. The Organization for Economic Cooperation and Development (OECD) is reporting that the global economy is on pace to have the best year of growth since ...
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US Ban of Brazil Beef Blow to Nation Reeling From Economic Woes, Political Scandal

Posted: June 23, 2017 at 12:40 pm

The U.S. suspension of beef imports from Brazil is a blow to a nation reeling from the worst economic downturn since the Great Depression, as well as from a political ...
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Smart Global Announces Potential Pricing for IPO

Posted: May 22, 2017 at 10:25 am

Smart Global Holdings has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The company expects to price its 5.3 ...
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Brazilian Stocks and ETFs Battered on Fresh Scandal News

Posted: May 18, 2017 at 10:10 am

If you have ever wondered if American politics is just too volatile, looking into Latin America might make even the most concerned Americans feel better about having stability. Brazil is ...
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Petrobras

Why S&P Raised Rating on Petrobras and Still Stays Cautious on the Company

Posted: February 11, 2017 at 10:10 am

Credit rating agency Standard & Poor's on Friday raised its corporate credit rating on Petroleo Brasileiro S.A. (NYSE: PBR), commonly known as Petrobras, one notch, from B+ to BB-. The ...
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Brazil

SEC Settles FCPA Charges With Brazil-Based Petro-Manufacturer

Posted: December 21, 2016 at 2:44 pm

The U.S. Securities and Exchange Commission (SEC) recently announced that a Brazilian-based petrochemical manufacturer whose stock trades in the U.S. markets has agreed to settle charges that it created false ...
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Money

Fitch Offers Brighter US and Emerging Market GDP Growth in 2017, Less So for China

Posted: November 29, 2016 at 11:55 am

As the year comes to an end, you can expect to see more and more 2017 forecasts. Fitch Ratings is joining in on that trend. Much of the report is ...
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oil tanks

Saudi Arabia Pushes 2% Output Cut

Posted: November 25, 2016 at 8:39 am

The OPEC meeting on November 30 could result in a cut of nearly 2% to the world's daily output if Saudi Arabia gets its way. The Saudis are pushing a ...
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