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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Webster Groves who wrote (65537)8/17/2010 2:55:25 AM
From: elmatador  Respond to of 219612
 
Soros May Have Sold Entire Petrobras Stake
According to 13-F filings, George Soros’s Soros Fund Management LLC sold its entire stake in Brazilian oil giant Petrobras (NYSE: PBR) in the second-quarter as news of a massive secondary share offering weighed on Petrobras shares.

Petrobras is the second-worst performing integrated oil stock this year behind BP (NYSE: BP).

Soros's Petrobras stake had a value of $233 million as of March 31.