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View Full Version : Petrobras Fourth Quarter Profit Misses Estimates on Rising Costs - Bloomberg



NewsWhore
02-09-2012, 09:50 PM
Petrobras Fourth Quarter Profit Misses Estimates on Rising Costs (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEfBrbsIzUNQoBpxrnUUm0sJcI9UA&url=http://www.bloomberg.com/news/2012-02-10/petrobras-fourth-quarter-profit-misses-estimates-on-rising-costs.html)
Bloomberg
Petroleo Brasileiro SA (PETR4), Brazil's state-controlled oil producer, said fourth-quarter profit missed analyst estimates on costs to install equipment, pay workers and higher debt payments after the local currency fell. Net income dropped to 5.05 ...

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