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    market news

    Petrobras Fell 6.7% as Quarterly Profit Misses Estimates

    Investing News Network
    Feb. 10, 2012 04:36PM PST
    Oil and Gas Investing

    Bloomberg reported that Petroleo Brasileiro SA (NYSE:PBR) fell 6.7 percent as quarterly profit missed estimates.

    Bloomberg reported that Petroleo Brasileiro SA (NYSE:PBR) fell 6.7 percent as quarterly profit missed estimates.

    As quoted in the market news:

    Petrobras fell 6.7 percent to 23.80 reais at 1:38 p.m. in Sao Paulo, the worst performer in the benchmark Bovespa index.

    Click here to read the full Bloomberg report.

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