Christian Reos News
-
Metrogas SA’s creditors risk losing the chance to recoup any money from their defaulted bonds as takeover talks between Argentina’s biggest gas distributor and state-owned oil producer YPF SA stall.
-
Owning steel in Brazil has never been so expensive.
-
Tenaris SA , the world’s largest maker of seamless pipes, said third-quarter profit gained 33 percent as energy companies boosted drilling in North America.
-
YPF SA, Argentina’s largest oil company, rose as much as 11 percent after newspaper Clarin said the government will propose taking a stake of as much as 50.01 percent, citing a copy of the bill it said was sent to Congress.
-
Molinos Rio de la Plata SA fell to the lowest level in almost two weeks after Allaria Ledesma y Cia. Sociedad de Bolsa SA downgraded the soybean oil exporter on record-high valuations.
-
Ternium SA, Latin America’s second- largest steelmaker, declined after fourth-quarter profit missed analysts’ estimates and it forecast lower operating income for this quarter.
-
Tenaris SA, the world’s largest maker of seamless steel pipes, said fourth-quarter profit rose 25 percent, beating analyst estimates, on increased demand from oil and natural-gas explorers and higher prices.
-
Ternium SA , the second-largest steelmaker in Latin America, said profit rose 71 percent as demand recovered from the worst recession in seven decades.
-
Ternium SA, Latin America’s second- largest steelmaker, reported fourth-quarter profit that missed analysts’ estimates amid foreign-exchange losses and said it expects lower operating income this quarter. Shares plunged.
-
YPF SA tumbled the most in five months after newspaper Pagina/12 said Argentine officials discussed a takeover of the country’s biggest oil producer, without saying where it obtained the information.
|
|
Most Popular on Bloomberg
|
| |