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Archive for November 12th, 2008

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12 11 2008

Citic Pacific bailed out - Straits Times

Posted by: in News
Citic Pacific bailed out
Straits Times, Singapore - 1 hour ago
The currency bets had already cost the firm HK$807.7 billion in losses and after the transfer of the liabilities. The remaining foreign exchange contracts …
Citic Pacific Jumps as Parent Assumes Currency Losses (Update2) Bloomberg
Citic Pacific gets $1.5 bln bailout from parent The Associated Press
Citic pays price for HK arm’s forex gamble Financial Times
South China Morning Post (subscription) - Bloomberg
all 87 news articles

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12 11 2008

Yen Falls on Speculation Central Banks Are Ready to Intervene - Bloomberg

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AFP
Yen Falls on Speculation Central Banks Are Ready to Intervene
Bloomberg - 28 minutes ago
… director of foreign exchange at Barclays Bank Plc in Tokyo. “There could be more demand to sell the currency as Europe-based traders enter the market. …
Middle East foreign exchange traders increase trade in Euro\US … AME Info
EXCHANGE RATES | Dollar drops below Rs 80 The Post
Yen May Rise to 13-Year High on Derivatives, RBS, SocGen Say Bloomberg
Bloomberg - Bloomberg
all 215 news articles

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12 11 2008

Indonesia's currency hit after forex rules tightened - guardian.co.uk

Posted by: in News
Indonesia's currency hit after forex rules tightened
guardian.co.uk, UK - 14 minutes ago
SINGAPORE, Nov 13 (Reuters) - Indonesia's currency tumbled to a seven-year low and the cost to insure its debt shot up on Thursday after new government …

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12 11 2008

Yen Falls on Speculation Central Banks Will Seek to Slow Gains - Bloomberg

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RTT News
Yen Falls on Speculation Central Banks Will Seek to Slow Gains
Bloomberg - 48 minutes ago
… director of foreign exchange at Barclays Bank Plc in Tokyo. “There could be more demand to sell the currency as Europe-based traders enter the market. …
Middle East foreign exchange traders increase trade in Euro\US … AME Info
EXCHANGE RATES | Dollar drops below Rs 80 The Post
Yen May Rise to 13-Year High on Derivatives, RBS, SocGen Say Bloomberg
Bloomberg - Bloomberg
all 200 news articles

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12 11 2008

FIA uncovers politicians’ involvement in forex scam - Daily Times

Posted by: in News
FIA uncovers politicians’ involvement in forex scam
Daily Times, Pakistan - 19 minutes ago
Instead of bringing forex earned through the hundi business into Pakistan, it was used for making payments abroad. daily times monitor/aaj kal report.

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12 11 2008

World stocks lower as economies, companies suffer - The Associated Press

Posted by: in News

The Associated Press
World stocks lower as economies, companies suffer
The Associated Press - 28 minutes ago
"The combination of widening deficits and low rates is a prime red flag for any currency," said Ashraf Laidi, chief forex strategist at CMC Markets US. …

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12 11 2008

Solo Cup Announces Improved Third Quarter Performance - MarketWatch

Posted by: in News
Solo Cup Announces Improved Third Quarter Performance
MarketWatch - 2 hours ago
… $0.2, $0.9 and 14.7 18.9 46.0 62.4 $1.9 Prepayment penalty - - - 1.3 Loss on debt extinguishment - - - 4.0 Foreign currency exchange loss (gain), …
NetApp Announces Results for Second Quarter of Fiscal Year 2009 Trading Markets (press release)
Nortel Reports Financial Results for the Third Quarter 2008 CNNMoney.com
SCM Microsystems Reports Third Quarter 2008 Results FOXBusiness
MarketWatch - MarketWatch
all 654 news articles

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12 11 2008

FOREX-Yen rallies as stocks sell off; pound tumbles - Reuters

Posted by: in News
FOREX-Yen rallies as stocks sell off; pound tumbles
Reuters - 20 minutes ago
It's really a flight to quality," said Matt Esteve, a forex trader at Tempus Consulting in Washington. "As the markets go down, you'll see the yen continue …

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12 11 2008

Crocs, Inc. Reports Fiscal 2008 Third Quarter Financial Results - MarketWatch

Posted by: in News

International Business Times
Crocs, Inc. Reports Fiscal 2008 Third Quarter Financial Results
MarketWatch - 22 minutes ago
The Company also recognized foreign currency exchange rate losses of approximately $14.6 million and increased its provision for returns and allowances, …
Cherokee International Reports Third Quarter 2008 Financial Results WELT ONLINE
Seitel Announces Third Quarter 2008 Results FOXBusiness
Spheris Reports Third Quarter 2008 Results IT News Online
SYS-CON Media - Trading Markets (press release)
all 1,353 news articles

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12 11 2008

CSC Reports Second Quarter Revenue and Operating Income Growth - MarketWatch

Posted by: in News
CSC Reports Second Quarter Revenue and Operating Income Growth
MarketWatch - 32 minutes ago
Given the significant volatility in the currency exchange rates and assuming the current rates remain unchanged for the balance of the year, the company now …
The TJX Companies, Inc. Reports Third Quarter FY09 Results … International Business Times
all 49 news articles

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