Current PBR Stock Info

Total Debt now Exceeds $100 Billion
The long awaited financial results of supergiant Petrobras (ticker: PBR) were finally issued on April 22, 2015. The end result: $16.8 billion in write-offs, including $2.5 billion in charges directly related to bribery and money laundering. The release is the first time PBR has reported results in roughly eight months when auditors declined to sign off on financial statements. The “Lava Jato Operation” (or Operation Car Wash) was placed into action late last year by local police.

The U.S. Securities and E...

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