Petrobras Argentina SA (PZE) Upgraded at Raymond James

Raymond James upgraded shares of Petrobras Argentina SA (NYSE:PZE) from a market perform rating to an outperform rating in a report issued on Monday morning, ARN reports. Petrobras Argentina SA (NYSE:PZE) remained flat at $5.99 during midday trading on Monday. 142,675 shares of the stock were exchanged. Petrobras Argentina SA has a 12-month low of $4.57 and a 12-month high of $7.90. The firm has a market capitalization of $1.21 billion and a PE ratio of 22.19. The stock has a 50 day Read more [...]

Una mujer colombiana es el primer caso de zika en Argentina

Los servicios médicos argentinos confirmaron el primer caso de zika en el país, correspondiente a una mujer colombiana que había viajado recientemente a su tierra natal y lo contrajo allí, informaron hoy a Efe fuentes médicas."Era esperable desde el momento en que el zika está muy expandido por lo menos en siete municipios de Colombia", explicó Eduardo López, jefe del Departamento de Medicina del Hospital de Niños Ricardo Gutiérrez y miembro del Comité de Crisis del gobierno porteño.El Read more [...]

New Argentina subsidiary joins Acton Institute in Global Think Tank Rankings

GRAND RAPIDS, Mich. (Jan. 28, 2016)—The Acton Institute made another strong showing in a leading ranking of global think tanks which showed the Grand Rapids-based research and educational institution among the best organizations of its kind in the United States and abroad. Acton’s new Argentina subsidiary in Buenos Aires, Instituto Acton, made its first appearance among the “best independent think tanks” category. The University of Pennsylvania’s Think Tanks and Civil Societies Read more [...]

Argentina’s Macri Makes Utility Move Ahead Of ‘Choppier’ Politics: Teneo

By Teresa RivasEarlier this week, Argentina announced subsidy cuts for wholesale distributors through the end of April, an expected part of its push for fiscal consolidation, Teneo Intelligence’s Nicholas Watson writes. Fabrice Coffrini/Agence France-Presse/Getty Images While exact prices increases aren’t yet clear, they could be fairly substantial for some residents; yet they are so low now that new tariffs will still be below generating costs, Watson explains. He writes Read more [...]

Yahoo Inc to close offices in Mexico, Argentina as pressure mounts on CEO Marissa Mayer

Yahoo! shutting down two offices in Latin America, seeking to trim costs by scaling back some international operations. The Web portal will close sites in Mexico and Argentina, while keeping open offices in Brazil and Florida, according to a statement Thursday. The number of employees affected wasn’t disclosed, though the company said the offices are small. “Yahoo is focused on maximizing growth,” the Sunnyvale, California-based company said. “Latin America is an important region for Read more [...]

Brazil seeks free auto trade with Argentina – paper

BRASILIA Jan 28 The Brazilian government will propose the full liberalization of vehicle trade with Argentina from July, newspaper Valor Econômico reported on Thursday.Brazilian Trade minister Armando Monteiro will travel to Buenos Aires in February to make a formal offer, Valor added, without saying how it obtained the information.The press offices of the Brazilian and Argentinian governments were not immediately available to comment.Officials in both countries are already working on a potential Read more [...]

Malcorra participa de la Cumbre de la Celac — Argentina

La delegación argentina estará encabezada por la vicepresidenta de la Nación, Gabriela Michetti, que arribó a Quito ayer cerca de las 17.30, proveniente de Santiago de Chile, donde fue recibida por la presidenta del país trasandino, Michelle Bachelet.Al mediodía los presidentes participarán de la toma de la fotografía oficial y luego de un almuerzo ofrecido por el presidente Correa.Los documentos sobre los que se debatió fueron la Declaración Política de la Cumbre de presidentes, el Plan Read more [...]

Former Chesapeake Energy CEO Aubrey McClendon Bringing Fracking to Argentina

Aubrey McClendon, the embattled former CEO and co-founder of Chesapeake Energy, has announced his entrance into Argentina to begin hydraulic fracturing (“fracking”) in the country's Vaca Muerta Shale basin. Though he retired as Chesapeake Energy's CEO back in 2013 in the aftermath of a shareholder revolt, McClendon wasted little time in creating a new company called American Energy Partners (AEP). AEP, like Chesapeake, has found itself mired since its onset in legal snafus over its treatment Read more [...]

Arsenal set to battle Tottenham for signature of Argentina defender

Arsenal and Tottenham Hotspur are preparing to spark a bidding war for River Plate ace Emanuel Mammana, according to reports from the Express. The 19-year-old has caught the eye of the two Premier League giants following a number of impressive displays in the Argentinean top flight. His performances have also earned him a spot in the Argentina national team, with Fiorentina also said to be keen on his signature. Italian media outlet Tuttosport has claimed that Mammana Read more [...]