Prosecutors Ask Chevron, Transocean to Suspend All Activity in Brazil (CVX) (RIG)
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Shares of Chevron (NYSE: CVX) have just fallen about 1.8 percent in intraday trade as we are hearing reports prosecutors have asked the company to suspend all activity in Brazil and seeking 20 billion reals (~$10.6 billion) in damages.
UPDATE: now also hearing prosecutors have asked Transocean (NYSE: RIG) to suspend activity in Brazil.
UPDATE: now also hearing prosecutors have asked Transocean (NYSE: RIG) to suspend activity in Brazil.
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