PDA

View Full Version : Petrobras Quarterly Profit Rises 46% on Currency - Bloomberg



NewsWhore
03-06-2009, 08:00 PM
<img alt="" height="1" width="1">
Petrobras Quarterly Profit Rises 46% on Currency (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Das.bvS0eH7ks%26refer%3Dnews&cid=0&ei=xrmxSb2DGp-oxAHO7ez0BQ&usg=AFQjCNGomyMXVjGY01F6pTzZkF0KAkvFLA)
Bloomberg
The Brazilian real’s 24 percent decline last year boosted the local-currency value of the company’s assets and cushioned a 34 percent drop in the price of oil compared with a year earlier. Petrobras had a 3.68 billion-real currency gain in the quarter, ...


More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Das.bvS0eH7ks%26refer%3Dnews&cid=0&ei=xrmxSb2DGp-oxAHO7ez0BQ&usg=AFQjCNGomyMXVjGY01F6pTzZkF0KAkvFLA)