A holding company that operates through its Subsidiary Petrobras Energia and its subsidiaries, which are engaged in oil and gas exploration and production, refining and distribution, petrochemicals and gas and energy.
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why did this skyrocket?
This was a reorganization of 2 of PBR's units. One ceased to be.
http://www.thestreet.com/_yahoo/story/10605423/1/petrobras-energia-surges-180.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
How is CAPS going to reconcile this?
I`m not sure yet, but I will keep looking. But notice the volume was up 8 fold yesterday. Looks like alot of insider information going on.