BUZZ-Petroleo Brasileiro SA: Delays Q3 results

viernes 14 de noviembre de 2014 07:50 GYT
 

** U.S-listed shares of Brazil's state-run oil company down 3.3 pct at $9.86 premarket

** Company postpones release of Q3 earnings report to Dec. 12 from Friday, the last day it could have done so without incurring hefty fines

** Delay to give more time to investigate corruption allegations

** Failure to report results before year-end could put company in default on billions of dollars in bonds

** Up to Thursday's close, company's U.S.-listed shares had fallen about 41 pct in one month