|
Contributed by World News
|
THE WOODLANDS, Texas—Chemicals maker Huntsman Corp. said Thursday it expects to incur about $49 million in costs and lost profit margin from Hurricanes Gustav and Ike. Without the hurricane costs, the company expects...
Read more at: |
|
Read more...
|
|
|
Contributed by World News
|
For all the talk of tight credit and a slowing economy, Puget Sound-region chief executives and chief financial officers say business conditions are, for the moment, not that bad. A majority, for example, say order backlogs, accounts receivable, gross margins and employment have stayed the same or increased over the last 12 months, according to the latest quarterly Puget Sound Business Confidence Index compiled by Jim Hebert, president of Bellevue-based Hebert Research....
Read more at: |
|
Read more...
|
|
|
Contributed by World News
|
By Kim Yeon-hee BEIJING, Oct 24 (Reuters) - East Asian nations will move to form an $80 billion currency swap scheme by the first half of 2009 to fight the global financial crisis and to launch a regional surveillance agency, according to a statement on Friday. The agreement would give to any of the signatory nations access to a foreign exchange reserves pool of at least $80 billion in the event of a financial emergency. Thirteen Asian economies, comprising a so-called ASEAN+3 group, agreed in May to upgrade the swap scheme, taking them a step closer to creating a full-scale Asian monetary fund,...
Read more at: |
|
Read more...
|
|
|
Contributed by World News
|
Alaska Air Group Inc. said it swung to a third-quarter loss as the value of its fuel hedges declined along with falling oil prices. The operator of Alaska Airlines and Horizon Air said it lost $86.5 million, or $2.40 per share, during the quarter that ended Sept. 30, compared with a profit of $81.8 million, or $2.01 per share, during the same period last year. Revenue rose 7.7 percent to almost $1.07 billion, from $988.8 million a year ago. Alaska Air said that without a non-cash accounting charge of $218.2 million for the decline of its fuel hedges, it would have made $39.9 million, or $1.10 per share. Analysts surveyed by Thomson Reuters were expecting a profit of 93 cents per share on...
Read more at: |
|
Read more...
|
|
|
Contributed by World News
|
(Adds officials' comments, background) By Lesley Wroughton WASHINGTON, Oct 23 (Reuters) - The International Monetary Fund is hurrying to approve by early November a package that would let certain emerging market economies exchange local currencies for U.S. dollars to ease short-term credit strains, officials familiar with the plans said on Thursday. The so-called liquidity swap facility would be available to a group of pre-selected "top tier" emerging market countries -- those that are well-run but may be having difficulties obtaining credit, the officials told Reuters. Some officials are calling it a liquidity support facility. "It will help compensate for the deleveraging of countries'...
Read more at: |
|
Read more...
|
|
|
|
<< Start < Prev 831 832 833 834 835 836 837 838 839 840 Next > End >>
|
| Results 7471 - 7479 of 24248 |
