YPF dodges takeover bullet, for now

epa03128566 Argentina's President Cristina Fernandez Kirchner enters National Parliament to inaugurate the 130th period of ordinary sessions, in Buenos Aires, Argentina, 01 March 2012. EPA/CEZARO DE LUCA

Renewed criticism: Cristina Fernandez de Kirchner again urges oil companies to invest further in her opening Congressional address

CEZARO DE LUCA

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By Kathrine Schmidt & news reports

 01 March 2012 18:52 GMT

YPF stocks rebounded at least 14% Thursday afternoon after Argentina’s president stopped short of announcing a partial or complete government takeover of the Repsol-controlled oil company in her opening address to Congress.

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