PDA

View Full Version : Sadia Has Quarterly Loss on Interest, Futures Costs - Bloomberg



NewsWhore
05-14-2009, 08:40 PM
<img alt="" height="1" width="1">
Sadia Has Quarterly Loss on Interest, Futures Costs (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaowXpydlFx3w%26refer%3Dnews&cid=1351803676&ei=H7wMSo6KL5Py6wORjcjICQ&usg=AFQjCNEcy4TyPhdIisv2G795gmd1DJ-EHQ)
Bloomberg
Sadia faced rising interest costs after borrowing money to cover losses on currency futures contracts. Financial losses were 260 million reais in the quarter, compared with a financial gain of 90.2 million reais a year earlier. ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaowXpydlFx3w%26refer%3Dnews&cid=1351803676&ei=H7wMSo6KL5Py6wORjcjICQ&usg=AFQjCNEcy4TyPhdIisv2G795gmd1DJ-EHQ)