PDA

View Full Version : Embraer Profit Falls 44% on Currency-Hedging Costs - Bloomberg



NewsWhore
03-27-2009, 12:50 AM
<img alt="" height="1" width="1">
Embraer Profit Falls 44% on Currency-Hedging Costs (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da29RA_ptalCI%26refer%3Dlatin_america&cid=1320925500&ei=UFzMSYW7NZGuQKzp0MQM&usg=AFQjCNFeRHWK6B5c6Yxw-frnSOXNVC4WuA)
Bloomberg
By Heloiza Canassa March 26 (Bloomberg) -- Empresa Brasileira de Aeronautica SA, the third-largest planemaker in the Americas, said fourth- quarter profit fell 44 percent because of losses for currency hedging amid a drop in the Brazilian real. ...


More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da29RA_ptalCI%26refer%3Dlatin_america&cid=1320925500&ei=UFzMSYW7NZGuQKzp0MQM&usg=AFQjCNFeRHWK6B5c6Yxw-frnSOXNVC4WuA)