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Stock impact report

Brazil's ex-President Lula da Silva surrenders to federal police [CNN]

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
Company Research Source: CNN
Brazil's ex-President Lula da Silva surrenders to federal police Sao Bernardo do Campo, Brazil (CNN) Former Brazilian President Luiz Inacio Lula da Silva turned himself over to federal authorities Saturday to begin serving a 12-year prison sentence for corruption. Before Lula da Silva surrendered to police, his supporters prevented him from turning himself in by blocking his car. Lula da Silva had been holed up since Friday in the steelworker's union headquarters surrounded by many hundreds of supporters. As he tried to leave the compound Saturday through a gate, dozens of supporters surrounded the vehicle shouting "don't surrender" and "no turning back," which forced his vehicle to back away from the gate. Thursday, a federal judge ordered Lula da Silva's arrest after the Supreme Court ruled he must start serving the 12-year prison sentence. Lula da Silva, a former steelworker's union leader, remained at the union headquarters Friday, defying an order to turn himself in to police by Show less Read more
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