Air Canada’s shares fell sharply Monday after the country’s largest carrier warned of a deeper first-quarter loss than analysts were forecasting as harsh winter weather and other impairments impacted its earnings during the first three months of 2013. The airline said it issued preliminary first-quarter figures Monday in order to allow it to pursue various debt financing opportunities, including potentially seeking financing for its new 777s and 787s through the enhanced equipment trust certificate (EETC) market, which recently became available to Canadian carriers.
Posts Tagged ‘loss’
Air Canada warns of bigger loss than analyst forecasts in preliminary quarterly report ahead of debt talks
MILAN, March 28 (Reuters) – Customers’ deposits at Italian bank Monte dei Paschi took a hit in February following a scandal on loss-making derivatives trades at the lender but recovered in March, the bank’s chief financial officer said on Thursday.
Former investment officer Ina Drew among those giving testimony on bank’s $6.2bn trading loss Tom McCarthy
Bank of Italy tells banks which recorded a loss in 2012 or have core tier 1 capital below the central bank target not to pay dividend
CALGARY — Crescent Point Energy Corp. is taking a breather from large-scale acquisitions this year after doing some US$3-billion in deals in 2012, one of which established a presence in Utah for the Calgary-based light oil producer.
This is the largest daily loss in 28 months; Eamonn reported on this earlier in Asia.
Analysis of Land Registry figures shows 41% of homes sold for average shortfall of £24,430, while 56% made profit of £45,199 Four in 10 homes have been sold for a loss in England and Wales since 2007, while more than half made a profit, according to researchers. Almost three-quarters (71%) of houses sold in London during this period made a profit despite the tough economy, compared with less than half in Yorkshire and the Humber, the north and the East Midlands, shared equity firm Castle Trust found.
Just hearing that there’s a few offers building between 1.3360-70 but with stop-loss buy orders kicking in should the level be breached.
Prominent hardware peripheral manufacturer Logitech (Nasdaq: LOGI) is jettisoning its console peripheral division to trim costs after posting a $195 million third-quarter loss this week. “These results are unacceptable, and we are taking decisive action as an outcome of my strategic review,” Logitech CEO Bracken P
Kelly Osbourne first became well known as Ozzy Osbourne’s chubby daughter, but over the years she has taken control of her diet and ultimately lost 70 pounds. To share the secrets of her weight-loss success, she met with nutritionists, physicians, and trainers to create the so-called Kelly Osbourne Hollywood Diet
Yesterday we saw selling in EUR/USD accelerate after the loss of trendline support at 1.3087. That line comes in at 1.3099 at present and may help contain this vicious rebound.
SPOT MARKET gold prices looked to be headed for a third weekly loss in a row Friday lunchtime in… For more information, read our latest forex news and reports
Autonomy founder says he will not be HP’s scapegoat after $5bn writedown on value of software firm Autonomy founder Mike Lynch has attempted to turn the tables on his accusers at Hewlett-Packard, saying it is “inconceivable” that the level of false accounting claimed could have led to a $5bn (£3bn) writedown on the value of his software firm.