Information Provided By: 
Fly News Breaks for May 24, 2018
PBR
May 24, 2018 | 08:20 EDT
As previously reported, Credit Suisse analyst Regis Cardoso downgraded Petrobas to Neutral from Outperform, with a $15 price target, after the company announced the decision to reduce domestic diesel prices by 10% and maintain them unchanged for the next 15 days. The analyst believes this is the company's response to escalating tensions on the back of the truckers strike, which has created risks of supply disruption for several goods.
News For PBR From the Last 2 Days
PBR
Apr 25, 2024 | 14:08 EDT
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 | 13:35 EDT
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.
