The fact that Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) lists its shares in the New York Stock Exchange gives the SEC and the DOJ the right to carry out investigations on behalf of US investors. The company has a market cap of $22,290 million and the number of outstanding shares have been calculated to be 3,721,227,000 shares. 5 analysts have rated the company at hold.

Brazil’s prosecutors have been collaborating with their counterpart’s in the US to look into whether the purported malpractices hurt interest of US investors in the company. Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) has underperformed the index by 23.39% in the last 4 weeks.

Itau Unibanco Holding SA (ADR) (NYSE:ITUB) has declining about -42.33% since the beginning of the year has pulled back more than – 58.05% from the recent high of $17.93. The standard deviation of short term price target has been estimated at $3.53, implying that the actual price may fluctuate by this value. The most bullish brokerage firm sees the stock heading to $17, while the most conservative estimate has an objective of $7.2.

Advisors and lawyers have already pointed out that Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has the best shot to negotiate for settlement and penalties instead of trying to fight off the US Justice Department. The shares closed down 0.07 points or 1.16% at $5.99 with 22,046,798 shares getting traded. The consensus price target is $ 10.25. With the volume soaring to 21,865,330 shares, the last trade was called at $5.92. Year-to-Date the stock performance stands at -17.95%.

RIO DE JANEIRO-When career banker Aldemir Bendine took the helm of troubled Brazilian state-run Petróleo Brasileiro SA in February, his short-term aim was clear: get outside auditors to approve Petrobras’s long-delayed financials to avoid breaking covenants on billions of dollars in debt. The Company divides its activities into seven segments: Exploration and Production; Refining, Transportation and Marketing; Gas and Power; Biofuel; Distribution and worldwide. The Companys offering comprises road transportation products such as Automotive Gasoline, Diesel Fuel, Natural Vehicular Gas, Lubrax; agriculture and cattle raising products such as Sunflower Meal, among others; Industrial products such as Solvents and Paraffins, among others.