Petrobras Fell 6.7% as Quarterly Profit Misses 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.