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NewsWhore
08-05-2012, 10:40 PM
Petrobras Posts Surprise Quarterly Loss on Weak Brazil Currency (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFmSspIZULuO28Kc2i90WeiCxU_Ng&url=http://www.bloomberg.com/news/2012-08-06/petrobras-posts-surprise-quarterly-loss-on-weak-brazil-currency.html)
Bloomberg
Petroleo Brasileiro SA (PETR4), the worst performing global oil company this year, unexpectedly reported its first quarterly loss in more than a decade after a depreciation of the local currency boosted costs. A 9.1 percent depreciation of Brazil's ...

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