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NewsWhore
05-13-2011, 03:14 AM
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EADS Reports Unexpected First-Quarter Loss on Currency, Fewer Deliveries (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHyiY-b5DpwBy3mlt3FDgcH978mZQ&url=http://www.bloomberg.com/news/2011-05-13/eads-reports-unexpected-first-quarter-loss-on-currency-fewer-deliveries.html)
Bloomberg
Earnings were hurt by foreign-exchange costs because of less favorable hedges based on rates locked in before the recent rebound in the dollar, the currency of passenger jet sales. The stronger dollar will begin to benefit the company in 2012, ...

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