Noticias de Business
US dollar up to AR$5.09; ‘Blue’ climbs to AR$7.96
The US currency traded half cent higher as its buying price rate at currency exchange agencies is AR$5.035 pesos, while the selling price is AR$5.09 pesos. Meanwhile, the black market price traded four cents higher today at AR$7.94/AR$7.96. Likewise, the euro traded at AR$6.54/AR$6.71. Source: Buenos Aires Herald
Argentina’s Merval Unchanged In Light Trading
BUENOS AIRES (Dow Jones)–Argentina’s Merval stock index was unchanged Tuesday as it closed at 2691.98 in volume totaling almost ARS41 million ($9.4 million). The power distributor Edenor (EDN.BA) led the gains, rising almost 4.2% to ARS1. Edenor was up despite a recent report by J.P. Morgan that questioned the company’s financial future. “Edenor is facing [...]
Rio Negro terminates YPF oil exploitation contract
Río Negro announced it would terminate an YPF exploitation contract in Los Caldenes area, following a meeting between Federal Organization of Hydrocarbon Producer States on Tuesday. The decision was made following ‘a meticulous revision of the documentation provided by the oil company’, a press release stated, indicating that the main reason behind it was the [...]
Argentina Aims To ‘Regain Control Of YPF’ By Winter -Report
Argentina’s government aims to “regain control” of the country’s biggest oil and gas company, YPF SA (YPF, YPFD.BA), by winter, the newspaper Pagina 12 reported Sunday. YPF, which is majority-owned by Spain’s Repsol YPF SA (REPYY, REP.MC), was a state-run company until 1999, when it was privatized. “Before the cold weather arrives, the government aims [...]
IMF confirms plans to close Buenos Aires office
The International Monetary Fund (IMF) will close its Buenos Aires office in protest to Domestic Trade Secretary Guillermo Moreno’s decision to accuse the organization in court, urging it to explain how it calculates Argentina’s inflation rate, sources said. Last year, Moreno filed a motion in court against the IMF, for which judge Alejandro Catania asked [...]
Chubut, Santa Cruz provinces terminate YPF oil contracts in four wells
The Governments of Chubut and Santa Cruz announced the termination of the contract of exploitation of four different oil wells that YPF handles in the Gulf San Jorge and that both provinces share. The oil giant has announced it will file a lawsuit against the measure. The measure was taken by decree, according to Government [...]
Argentina says energy firms must put price cap on jet fuel
BUENOS AIRES, March 12 (Reuters) – Argentina ordered oil companies YPF, Royal Dutch Shell and Esso to put a price cap on jet fuel charged to airlines that own airplanes registered in the country, the state news agency said on Monday. The decision is seen benefiting LAN Argentina, a branch of Chile’s LAN Airlines and [...]
Argentina’s Stocks Slip, Bonds Mixed; Merval Index -0.9%
BUENOS AIRES (Dow Jones)–Argentina’s stocks closed lower Monday on declines in energy and financial shares, while benchmark bonds were mixed in uneven trading. The benchmark Merval equity index fell 0.9%, to 2642.21, on volume of 50.1 million pesos ($11.5 million). The Global X FTSE Argentina 20 ETF, which tracks shares of Argentine companies listed on [...]
Argentina’s Grupo Clarin Forecasts 18% Sales Growth In 2012
BUENOS AIRES (Dow Jones)–Argentina’s largest multi-media company Grupo Clarin SA (GCLA.BA) said Monday that it expects its sales to increase about 18% this year, well below last year’s growth rate. Speaking on a conference call with analysts, Clarin investor relations officer Alfredo Marin also forecast 15% growth in earnings before interest, taxes, depreciation and amortization, [...]
Argentina Will Delay Corn Export Permits Until April
Argentina, the world’s second- largest corn exporter, will delay granting more export permits for the grain until April as it studies crop damage caused by a drought, Agriculture Minister Norberto Yauhar said. The government will issue permits on April 19 that will surpass the 7.5 million ton allocation that has already been granted, Yauhar told [...]
Argentine Province Prepares to End YPF Contract, Nacion Reports
Argentina’s Chubut province is preparing a ceremony to be held on March 14 to announce the end of two of YPF SA (YPFD)’s concessions, La Nacion reported, citing provincial officials it didn’t identify. The province gave the country’s largest energy producer seven days to provide a “working plan,” a period that ends on March 14, [...]
Argentine Stocks Slump As YPF, Government Clash Spooks Market
BUENOS AIRES (Dow Jones)–Argentine stocks ended the week on a sour note as an ongoing clash between the government and the country’s largest oil and gas company rattled investors’ nerves. Argentina’s benchmark Merval stock index lost 0.7% to close at 2,665.20 points. Volume was moderate at 43 million pesos ($10 million). However, the Global X [...]
Molinos Falls After 2011 Profit Drops 26%: Buenos Aires Mover
Molinos Rio de La Plata SA, Argentina’s largest food company, declined the most in more than three months after its 2011 profit fell 26 percent. Molinos retreated 7.5 percent to 25.25 pesos at the close in Buenos Aires, the steepest decrease since Nov. 17. The benchmark Merval index retreated 0.1 percent. The company, controlled by [...]
Argentina Stocks Fall, Bonds Up As Investors Eye Greece Debt Swap
BUENOS AIRES (Dow Jones)–Argentina’s stocks on Thursday closed lower, led by financial and materials shares, though strong gains in U.S. and European markets on hopes of a successful Greek debt swap lifted local bonds. The benchmark Merval equity index fell 0.1%, to 2683.96, on volume of 58.5 million pesos ($13.5 million). The Global X FTSE [...]
Argentina Asks YPF to Reinvest Earnings
BUENOS AIRES—Argentina’s government on Thursday asked YPF SA, the country’s biggest oil-and-gas company, to reinvest its earnings from the last two years in exploration and production instead of paying dividends to shareholders. The request, made at a YPF board meeting by the state’s representative on the board, Roberto Baratta, comes during a government campaign to [...]
- septiembre 20, 2012
- septiembre 21, 2012
CABLES DEL VATICANO. INFORMACION DIARIA DEL ACONTENCER DEL VATICANO Y DEL PAPA FRANCISCO I
EL JUZGADO DE LA SIDE TRIBUNAL FEDERAL 1 DE SAN ISIDRO
Siga las informaciones y entretelones de la Causa de los Hackers. La Jueza Arroyo Salgado , empleada de Antonio Stiusso. Operaciones, Corrupción, documentos, fotos y próximamente la verdad nunca contada de una de las operaciones de inteligencia y de prensa más grande de la Argentina. En el Insólito Juzgado caen las causa más extrañas y [...]MAXIMO GOLPISTA MAXIMO EXCESO…
La vida nos da sorpresas y cosas que decir, como esta foto de Máximo un poco borracho en San Telmo… Lo interesante de esto es que el Custodia de Máximo estaba más borracho que él … La fuente que nos dio la foto hace ya un par de años , nos confirmó que vio a [...]DOLAR BLUE CONTIZACION INFORMAL
Publicidad
