Attention, Barrelheads: Petrobras Shares Are on Sale
by David Fessler, Energy and Infrastructure Expert
Friday, July 30, 2010: Issue #1313
Oil.
A touchy subject these days, I know – even with cleanup crews in the Gulf successfully removing much of the spilled oil from the water.
But I don’t want to talk about U.S. oil in today’s article. Instead, we’re going to head south to check in on a company that has gained increasing international attention over the past several years, having made some of the world’s largest oil discoveries in recent decades.
We’re heading to Brazil and the offices of oil and gas conglomerate, Petroleo Brasileiro (NYSE: PBR) – or Petrobras, as it’s more commonly known… Petrobras Shares Are on Sale – Full Article
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This Industry’s Rebound Points to a Recovering U.S. Economy
by Martin Denholm, Senior Editor
Wednesday, July 28, 2010
When you’re traveling, what’s your preference when it comes to accommodation?
After a lengthy, recession-induced downturn, the latest industry figures suggest that more Americans are choosing hotels.
Bjorn Hanson, dean of the Preston Robert Tisch Center for Hospitality, Tourism and Sports Management at New York University, projects that average hotel occupancy during the busy June-August period will rise to 63.5%. That compares with 60% in June-August 2009. Quoted in the New York Times, he describes that increase as “dramatic,” stating that, “Typically, the movement would be 1%.” Full Article
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