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View Full Version : Lojas Americanas Gains as Quarterly Profit Rises - Bloomberg



NewsWhore
03-13-2009, 01:21 PM
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Lojas Americanas Gains as Quarterly Profit Rises (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DascOEWNOcRKY%26refer%3Dlatin_america&cid=1314544787&ei=9oi6SbmcF4rGMtCy4PUJ&usg=AFQjCNF5Q4TrROxnYEMlOPkxmLQJ3VEQ3w)
Bloomberg
“The company has a lot of debt in foreign currency, but even with the stronger dollar, the company had lower financial costs, which shows their hedging policies worked.” Consolidated net income increased to 105.8 million reais ($45.9 million) on new ...


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