By Rogerio Jelmayer
SÃO PAULO--Brazilian state-run energy company Petroleo Brasileiro SA plans to publish its long-awaited audited annual results by the end of May, it said late Thursday, and is looking to reduce investments and sell assets as it grapples with a probe into alleged corruption, falling oil prices and high debt levels.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.