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WisdomTree Dreyfus Brazilian Real

  • 3 Ways to Play Petrobras' Earnings Miss

    By Maxwell Kirchhoff - February 15, 2012 | Tickers: NOV, PBR, BZF | Editor's Choice

    On Feb. 10th Brazil's and Latin America's largest company, Petrobras (NYSE: PBR) reported earnings that were well below analyst expectations.  The consensus estimate was BR$0.69 a share and Petrobras' actual earnings were at BR$0.39.  To add to the earnings miss, Petrobras' net income was nearly halved YoY.  As a result of this performance, Petrobras has seen its stock-price lose over 8% of its value more »