financetom
Business
financetom
/
Business
/
Brazil's Petrobras posts 48.6% increase in first-quarter net profit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brazil's Petrobras posts 48.6% increase in first-quarter net profit
May 26, 2025 6:19 AM

SAO PAULO, May 12 (Reuters) - Brazilian state-run oil

firm Petrobras posted on Monday a 35.2 billion reais

($6.21 billion) net profit for the first quarter, up 48.6% from

a year earlier.

($1 = 5.6699 reais)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Candel Therapeutics Reports Prolonged Survival In Mid-Stage Study For Pretreated Lung Cancer Patients
Candel Therapeutics Reports Prolonged Survival In Mid-Stage Study For Pretreated Lung Cancer Patients
Mar 27, 2025
Candel Therapeutics, Inc. ( CADL ) on Wednesday revealed final survival data from a phase 2a trial of CAN-2409 in patients with stage III/IV NSCLC, inadequately responding to Immune Checkpoint Inhibitor (ICI) treatment. The median overall survival (mOS) was 24.5 months in 46 evaluable patients receiving 2 courses of CAN-2409 and 21.5 months in evaluable patients from cohort 2 (n=41)...
Atmus Filtration's Path To Growth: Analyst Highlights Strong Financials, Tariff Pricing Power
Atmus Filtration's Path To Growth: Analyst Highlights Strong Financials, Tariff Pricing Power
Mar 27, 2025
Atmus Filtration Technologies Inc. ( ATMU ) has strong growth potential, driven by its ability to expand in core and adjacent markets, according to JPMorgan analyst Tami Zakaria. On Thursday, Zakaria raised the stock’s price forecast from $44 to $46, and maintained an Overweight rating. Zakaria writes that with steady cash flows and a strong balance sheet, the company is...
Coca-Cola, Bottling Partners to Reportedly Invest $1.4 Billion in Argentina
Coca-Cola, Bottling Partners to Reportedly Invest $1.4 Billion in Argentina
Mar 27, 2025
03:36 PM EDT, 03/27/2025 (MT Newswires) -- Coca-Cola (KO) and its bottling partners plan to invest over $1.4 billion in Argentina over the next four years, multiple news outlets reported Thursday, citing company CFO John Murphy. The company plans to strengthen operations and prepare for future demand, Murphy reportedly said after meeting with Argentina's President Javier Milei. Coca-Cola will partner...
Soleno Shares Are Up Today: What's Going On?
Soleno Shares Are Up Today: What's Going On?
Mar 27, 2025
Soleno Therapeutics, Inc. ( SLNO ) shares are trading higher Thursday after the company secured FDA approval for its first commercial drug, Vykat XR (diazoxide choline) extended-release tablets. What To Know: The drug is approved to treat hyperphagia in adults and children aged 4 years and older with Prader-Willi syndrome (PWS), a rare genetic disorder that causes insatiable hunger and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved