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Brazil's Petrobras tells analysts it may need further capex cuts - Itau BBA
2016-01-15 16:23:25| Oil & Gas - Topix.net
Jan 15 Brazil's state-run oil company Petroleo Brasileiro SA is pressing ahead with the sale of $15 billion in assets but may need to make further cuts to its investment plan depending on oil prices, the company told analysts on Friday according to a client note from ItaAo BBA. Petrobras did not rule out help from the government but said it was not on the table right now and would be a last resort, ItaAo BBA said.
Itau BBA's Iunes to take seat on Gerdau board
2015-09-25 13:20:59| Steel - Topix.net
Fernando Iunes, managing director at investment bank Itau BBA, has taken a seat on the board of Gerdau SA, the Brazilian steelmaker said in a statement on Thursday. Iunes takes the place of Oscar de Paula Bernardes Neto, who has stepped down.
Gerdau SA Given "Market Perform" Rating at Itau BBA Securities
2015-03-02 18:13:41| Steel - Topix.net
's stock had its "market perform" rating restated by investment analysts at Itau BBA Securities in a note issued to investors on Monday. A number of other firms have also recently commented on GGB.
Tags: rating
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