Brazil's OGX 1Q Loss Soars on Higher Costs Fox Business SAO PAULO – Brazil oil and gas startup OGX Petroleo e Gas Participacoes SA (OGXP3.BR, OGXPY), controlled by Brazilian billionaire Eike Batista, reported a wider loss in the first quarter, with costs higher as the company ramps up exploration. Brazil's OGX says oil output doubles with new well Reuters UK OGX Declares Commerciality of a Portion of the Waimea Complex in the Campos … MarketWatch (press release) TEXT-Fitch affirms OGX Petroleo e Gas Participacoes SA Reuters Offshore Oil and Gas Magazine all 23 news articles

Brazil's OGX Posts 1Q Loss On Exploration Costs Fox Business SAO PAULO – Brazil oil and gas company OGX Petroleo e Gas Participacoes SA (OGXP3.BR, OGXPY), controlled by Brazilian billionaire Eike Batista, reported a loss in the first-quarter, as the company is still in pre-operational phases with no generation … OGX Declares Commerciality of a Portion of the Waimea Complex in the Campos … MarketWatch (press release) Brazil's OGX says 1st offshore field is 'commercial' Reuters UK all 10 news articles

Chile LAN 1Q Profit Falls On Slowing Brazil Cargo Demand -CFO Wall Street Journal SN) first-quarter net profit fell year-on-year partly due to lower Brazilian demand for goods as that country's economy is slowing, LAN Chief Financial Officer Alejandro De la Fuente said Monday. LAN's first-quarter net profit decreased 22% on-year to … TAM Expects Brazil Air Travel Demand To Grow 7%-9% This Year Fox Business Tam Quarterly Profit Falls 22% on High Fuel Costs, Weak Demand Bloomberg TAM SA (NYSE:TAM) Breaks Investors Wealth; Profit Tumbles 22% on Higher Fuel … PT News all 13 news articles

MercoPress Brazil May End Annual Electric Price Adjustments – Report Wall Street Journal SAO PAULO (Dow Jones)– Brazil may do away with annual electric rate adjustments as part of its possible renewal of expiring electricity licenses, Estado de S Paulo newspaper reported over the weekend. About one-fifth of Brazil's electricity-generating … Brazil Economists Cut 2012, 2013 Selic Rate View -Survey NASDAQ Brazil's Central Bank Sees Interest Rate Cycle Moving Lower-Report Fox Business Slower economy justifies Brazil's rate cuts – Tombini Reuters Financial Times (blog)

Brazil stocks lower as Vale, CSN shares slump MarketWatch By Carla Mozee, MarketWatch LOS ANGELES (MarketWatch) — Brazilian stocks fell Friday afternoon, capping a losing week with a pullback in shares of miner Vale SA and a nearly 3% decline in Companhia Siderurgica Nacional SA shares following a drop in … Brazil's CSN seeks flexibility on stake in Usiminas Reuters Brazil CSN Seeks To Protect Its 'Strategic' Investment In Usiminas Fox Business Brazil's CSN 1Q Net Income Falls 85% To BRL93 Million Wall Street Journal 4-traders

Casino CEO Confirms Revenue Growth Target Fox Business Naouri said Friday that in Brazil , the company is seeking to accelerate its expansion in food and non- food products and also in e-commerce. The company plans to focus on its Mini Mercado Extra convenience stores and Assai cash-and-carry stores to boost … and more

How Brazil Is Making an Example of Chevron BusinessWeek Still, George Buck, president of Chevron's Brazil subsidiary, ordered the Frade well shut down. Chevron sent 18 vessels in rotation to contain the oil on the surface, and it readied pyramid-shaped steel caps to cover the seepage points. Brazil oil workers mull next move in spill case MarketWatch Brazil March Crude Oil Output Down 5.4% At 2.085 Mbpd -ANP Fox Business all 9 news articles

Brazil Stocks Close Lower, Give Up Early Gains On Concern About Europe Wall Street Journal By Jeffrey T. Lewis Of DOW JONES NEWSWIRES BRASILIA (Dow Jones)- Brazilian shares closed lower Thursday, giving up early gains as concern about the debt crisis in Europe overtook earlier optimism about a possible improvement in the political situation … Brazil's Vale Obtains Injunction Over Tax Dispute Fox Business all 4 news articles

Brazil's Abilio Diniz: Large Supermarket Chains Need To Review Model Fox Business They must understand that it is no longer possible to have the focus only on food and models of stores with 20000 square meters,” Diniz said at a conference in Sao Paulo, according to his press office. CBD is a retailer of food , home appliances and … and more

Brazil's Petrobras profit seen dropping on imports MarketWatch By Jeff Fick RIO DE JANEIRO -(MarketWatch)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, should report a sharp decline in first-quarter profits as costly fuel imports continue to hurt the company's bottom line. Brazil's Petrobras 1Q Profit Seen Dropping On Imports Fox Business Brazil Petrobras Cancels 1Q Earnings Release On Scheduling Issue Wall Street Journal Petrobras Q1 net seen falling on fuel imports Reuters Reuters UK all 12 news articles
