Traders Place Bets Ahead of Brazil Elections (PBR) (VALE)

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Jim Chanos Has Taken Profits in Brazil Short Bets - Reuters

October 28, 2014 2:01 PM EDT

Jim Chanos told Reuters he has taken profits on his Brazil short bets. Related: Petrobras (NYSE: PBR), Vale S.A. (NYSE: VALE), iShares MSCI Brazil (NYSE: EWZ).

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Petrobras (PBR) Falls as Rousseff Wins Narrow Victory in Brazil Election

October 27, 2014 6:43 AM EDT

Dilma Rousseff promised to unit Brazil after she won 51.6% of the vote in Sunday's election, topping centre-right candidate Aecio Neves. Petrobras (NYSE: PBR) stock declined about 16% pre-market.

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