NewsWhore
04-25-2012, 07:10 PM
Gruma Posts Lowest Profit in Seven Quarters on Derivatives (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFLk-s40AFRFMuvQA_RkOaCLQdCOQ&url=http://www.bloomberg.com/news/2012-04-25/gruma-posts-lowest-profit-in-seven-quarters-on-derivatives-1-.html)
Bloomberg
Financing costs rose by 207 million pesos because of a writedown from a “mark-to-market currency valuation” on hedging contracts linked to corn purchases. Gruma reported losses of 13.4 billion pesos from the third quarter of 2008 through the first ...
and more » (http://news.google.com/news/more?ned=us&ncl=dQ19t-IMpLsGDzM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFLk-s40AFRFMuvQA_RkOaCLQdCOQ&url=http://www.bloomberg.com/news/2012-04-25/gruma-posts-lowest-profit-in-seven-quarters-on-derivatives-1-.html)
Bloomberg
Financing costs rose by 207 million pesos because of a writedown from a “mark-to-market currency valuation” on hedging contracts linked to corn purchases. Gruma reported losses of 13.4 billion pesos from the third quarter of 2008 through the first ...
and more » (http://news.google.com/news/more?ned=us&ncl=dQ19t-IMpLsGDzM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFLk-s40AFRFMuvQA_RkOaCLQdCOQ&url=http://www.bloomberg.com/news/2012-04-25/gruma-posts-lowest-profit-in-seven-quarters-on-derivatives-1-.html)