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Enbridge posts lower Q2 adjusted earnings; currency hedges cause $383 million loss

2015-05-06 15:33:09| Energy - Topix.net

Enbridge Inc. is reporting a $383 million net loss in the first quarter, mostly as a result of currency fluctations, and lower adjusted earnings that came in below analyst estimates. Analysts had estimated 58 cents per share of adjusted earnings, according to Thomson Reuters, down from $492 million or 60 cents per share in last year's first quarter.

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Enbridge posts lower Q2 adjusted earnings; currency hedges cause $383 million loss

2015-05-06 15:19:30| Oil & Gas - Topix.net

Enbridge Inc. is reporting a $383 million net loss in the first quarter, mostly as a result of currency fluctations, and lower adjusted earnings that came in below analyst estimates. Analysts had estimated 58 cents per share of adjusted earnings, according to Thomson Reuters, down from $492 million or 60 cents per share in last year's first quarter.

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Currency headwinds batter Puma Q1 profit

2015-05-06 14:57:00| Daily apparel & textile news and comment - from just-style.com

Currency variations inflated sporting goods giant Puma's first quarter revenues, but sent net profit down by more than 30%.

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Currency Trends in Low-Cost Countries (Monthly Report)

2015-05-05 22:04:45| EmergingTextiles.com

April offered reversed trends on the currency market, with the US dollar eventually falling and the euro rebounding. The Indian rupee remained however weak whereas the Chinese renminbi stayed very strong against other currencies of rival low-cost countries. Our monthly statistical report displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over a 2-year period.

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just On Call - Currency woes hurt Latin American FTZs - Diageo

2015-05-05 21:20:00| Daily beverage news and comment - from just-drinks.com

Latin America has been split into two as destabilising currency fluctuations see free-trade zones (FTZs) fall behind to domestic performance, Diageo's Latin America & Caribbean head has said.

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