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Fly News Breaks for May 18, 2015
PBR
May 18, 2015 | 06:18 EDT
Goldman downgraded Petrobras to Sell and reduced its price target to $5.10 from $6.30 based on year-to-date performance vs. lower Brent prices and a reduced oil growth forecast.
News For PBR From the Last 2 Days
PBR
Apr 25, 2024 | 13:57 EDT
Petrobras said it approved the remuneration to shareholders for the 2023 fiscal year. The total gross amount remaining to be distributed to shareholders, considering monetary adjustment to date, is equivalent to R$2.895 per share and will be paid in two equal installments in May and June.
PBR
Apr 25, 2024 | 13:15 EDT
Brazil's government proposes in a shareholders meeting that Petrobras pay out 50% of extra dividends relative to 2023 results, reported Reuters. Petrobras shares trading in New York are up fractionally in afternoon trading to $16.89.