NewsWhore
02-26-2009, 12:50 PM
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Femsa Profit Drops on Peso Decline, Lower Beer Demand (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaXPJZuDrJFa8%26refer%3Dlatin_america&cid=1308170577&ei=6tamSbTaIqmqlQTVp_jsAw&usg=AFQjCNH5gWJuGz8MTZr0SrQQ4oJULlhwqg)
Bloomberg
Femsa’s net income was hurt by a non-cash, foreign-exchange loss of 1.9 billion pesos related to a 20 percent decline in the Mexican currency against the dollar. The loss was incurred after translating Femsa’s dollar debt into pesos for reporting ...
More... (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaXPJZuDrJFa8%26refer%3Dlatin_america&cid=1308170577&ei=6tamSbTaIqmqlQTVp_jsAw&usg=AFQjCNH5gWJuGz8MTZr0SrQQ4oJULlhwqg)
Femsa Profit Drops on Peso Decline, Lower Beer Demand (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaXPJZuDrJFa8%26refer%3Dlatin_america&cid=1308170577&ei=6tamSbTaIqmqlQTVp_jsAw&usg=AFQjCNH5gWJuGz8MTZr0SrQQ4oJULlhwqg)
Bloomberg
Femsa’s net income was hurt by a non-cash, foreign-exchange loss of 1.9 billion pesos related to a 20 percent decline in the Mexican currency against the dollar. The loss was incurred after translating Femsa’s dollar debt into pesos for reporting ...
More... (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaXPJZuDrJFa8%26refer%3Dlatin_america&cid=1308170577&ei=6tamSbTaIqmqlQTVp_jsAw&usg=AFQjCNH5gWJuGz8MTZr0SrQQ4oJULlhwqg)