Wednesday, April 7, 2010 as of 11:14 AM ET
The Buenos Aires Stock Exchange (BCBA; ) is the organization responsible for the operation of Argentina's primary stock exchange located at Buenos Aires CBD.
Read More at Wikipedia ›Shares of Argentina's largest oil and gas producer, YPF SA (YPF, YPFD.
BA), fell as much as 11% on Tuesday after President Cristina Kirchner said her government will seize a controlling stake in the company.YPF's shares resumed trading Tuesday after the Buenos Aires Stock Exchange suspended trading the previous session.The stock was down 7.3% at 107.50 pesos ($24.46) in Buenos Aires in recent trading. YPF's ADR wasn't trading on Tuesday.In a televised speech Monday, Kirchner said she would sponsor legislation to expropriate a 51% stake in YPF to make sure the country's energy needs are met.YPF's controlling shareholders, Spain's Repsol YPF SA (REP.MC), will see its stake in the Argentine firm reduced to about 6% from 57.4% now. Argentina's Eskenazi family will retain their 25.5% stake in YPF, and the 17% free float that trades in New York and Buenos Aires will also remain intact.Repsol YPF values its stake at $10.5 billion and has vowed to fight Argentina's takeover of YPF.Congress is e...Argentina's leading stock exchange suspended trading in the shares of the country's largest oil and gas producer, YPF SA (YPF, YPFD.BA), on Monday after President Cr...
Shares of Argentina's largest oil and gas producer, YPF SA (YPF, YPFD.BA), hit a 52-week low Monday after two provinces said they would revoke its concessions and a ...
The board of directors at Argentina's biggest oil and gas company, YPF SA (YPF, YPFD.BA), proposed Wednesday to pay its next dividend in stock instead of cash.If app...
The controlling shareholders of Grupo Clarin SA (GCLA.BA) have declined an offer to buy a 9.1% stake in Argentina's largest multimedia company held by Goldman Sachs ...
Investors on Thursday shrugged off news that two Argentine provinces had moved to revoke concessions held by the oil and gas giant YPF SA (YPF, YPFD.BA), deciding to...
Argentina's government on Thursday asked YPF SA (YPFD.BA, YPF), the country's biggest oil and gas company, to reinvest its earnings from the last two years in explor...
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