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View Full Version : Bovespa Drops as Homebuilders Tumble on Rate Outlook; OGX Falls - Bloomberg



NewsWhore
05-22-2012, 04:00 PM
Bovespa Drops as Homebuilders Tumble on Rate Outlook; OGX Falls (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGq_dYADHVSTcq2PETsAEeTrddhsg&url=http://www.bloomberg.com/news/2012-05-22/bovespa-drops-as-homebuilders-tumble-on-rate-outlook-ogx-falls.html)
Bloomberg
The effects of the weaker local currency on Petrobras's balance sheet may also affect dividend payments, Barbassa said. The Bovespa entered a bear market on May 17 after tumbling 21 percent from this year's high on March 13 through that day.

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