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    News and Articles on Bankers Acceptance



    ATS reports second quarter fiscal 2010 results  Nov 10, 2009
    CAMBRIDGE, ON, Nov. 10, 2009 /CNW/ - ATS Automation Tooling Systems Inc. ('ATS' or the 'Company') today reported its financial results for the three and six months ended September 27, 2009. " Financial Results In millions 3 months 3 months 6 months 6 months of dollars, ended ended ended ended except per Sept 27, Sept 30, Sept 27, Sept 30, share data 2009 2008 2009 2008 ------------------------------------------------------------------------- Revenue ASG $ 97.0 $ 147.4 $ 212.2 $ 290.2 from... (Canada Newswire)

    Loonie Tumbles Most in Four Months After Central Bank Warns on Strength  Oct 21, 2009
    There appears to be a lot of short covering by funds and speculative accounts that were selling bankers acceptance contracts heavily following Australias surprise hike, said , a trader of interest-rate derivatives at Montreal brokerage Le Group Jitney Inc., referring to traders who buy back a security to cover wrong-way bets. The yield on June 2010 bankers acceptance futures, a barometer of short-term interest rates, rose as much as 17 basis points, the most since April, as traders cut... (Bloomberg -- Canada)

    Canada's Currency Climbs, Bonds Tumble on Employment Gains, Growth Outlook  Oct 10, 2009
    Canada Dollar Climbs, Bonds Tumble on Job Gains, Growth Outlook - Bloomberg. Updated: New York, Oct 10 04:21 London, Oct 10 09:21 Tokyo, Oct 10 17:21. (Bloomberg -- Canada)

    Canadian Economy Stalls in July as Mining Decline Offsets Auto Rebound  Oct 1, 2009
    Canada Economy Stalls as Mining Offsets Auto Rebound (Update4) - Bloomberg. Updated: New York, Oct 01 04:22 London, Oct 01 09:22 Tokyo, Oct 01 17:22. (Bloomberg -- Canada)

    Advantage Announces A Revised Credit Facility of $525 Million And Increased Financial Flexibility  Aug 14, 2009
    Text hiding to spacing. (AAV - TSX, AAV - NYSE). (PR Newswire)

    Firm Capital Mortgage Investment Trust Announces Strong Second Quarter Results  Aug 7, 2009
    The Canadian Accounting Standards Board (AcSB") confirmed that the adoption of IFRS would be effective for the interim and annual periods beginning on or after January 1, 2011 for Canadian publicly accountable profit-oriented enterprises. IFRS will replace Canada's current GAAP for these enterprises. Comparative IFRS information for the previous fiscal year will also have to be reported. These new standards will be effective for the Trust in the first quarter of 2011.The Trust is currently in... (CCNMatthews Press Releases)

    Calfrac Announces Second Quarter Results and Expansion Program  Aug 7, 2009
    Quick Search by Organization. FREE SUBSCRIPTION SERVICES. (Canada Newswire)

    Fairborne Energy Ltd. Announces 2009 Second Quarter Financial and Operating Results  Aug 7, 2009
    "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "1249651833", "close" : "1249675233", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (CCNMatthews Press Releases)

    Delphi Reports Ninth Quarter of Production Growth and Increases Cash Flow and Financial Flexibility  Jul 23, 2009
    The bankers acceptance rate on the transaction will increase in fixed monthly increments of 4 ... The bankers acceptance rate on the transaction will increase in fixed monthly increments of 4. (CCNMatthews Press Releases)

    CORRECTION FROM SOURCE: Clairvest Reports Fiscal 2009 Fourth Quarter and Year-End Results  Jun 24, 2009
    "Clairvest filed a new normal course issuer bid enabling it to make market purchases of up to 797,678 of its common shares in the 12-month period commencing March 6, 2009. As at June 23, 2009, Clairvest had repurchased a total of 5,709,578 common and non-voting shares over the last six years.Subsequent to year end, Clairvest declared an annual dividend of $0.10 per share, which will be payable July 27, 2009 to common shareholders of record as of July 10, 2009. This is an eligible dividend for... (CCNMatthews Press Releases)

    Pure Energy and Canadian Sub-Surface Close Business Combination  Jun 23, 2009
    "Committed Credit FacilitiesPure Energy has also entered into an amended and restated credit agreement with its senior lender that provides a secured $18 million demand revolving operating credit facility ("Operating Facility") and a secured $80 million one year extendible revolving credit facility ("Revolving Facility"). The Revolving Facility is subject to renewal on March 31, 2010, and if not extended would term out with 25% of the outstanding balance being repaid over one year and the... (CCNMatthews Press Releases)

    Advantage Announces Renewal of Credit Facility  Jun 20, 2009
    Text hiding to spacing. CALGARY, June 19 /PRNewswire-FirstCall/ - Advantage Energy Income Fund ("Advantage" or "the Fund") (AVN.UN - TSX, AAV - NYSE) announced today that its lenders have completed their review of its borrowing base and that Advantage has received an extension of its credit facility (the "Credit Facilities"). (PR Newswire)

    Advantage Announces 1st Quarter Results 2009  May 15, 2009
    The Fund's interest rates are primarily based on short term Bankers Acceptance rates plus a stamping fee ... Bank Indebtedness March 31, December 31, 2009 2008 --------------------------------------------------------------------- Revolving credit facility $ 615,438 $ 587,404 Discount on Bankers Acceptances (3,430) (2,687) --------------------------------------------------------------------- Balance, end of period $ 612,008 $ 584,717... (PR Newswire)

    Storm Exploration Inc. Is Pleased to Announce Its Financial and Operating Results for the Three Months Ended March 31, 2009  May 14, 2009
    For example, under the prior facility the stamping fee applicable to borrowings under bankers acceptances at certain levels of indebtedness was 110 basis points; this has now been increased to 300 basis points. Nevertheless, year-over-year, the core bankers' acceptance rate has fallen considerably, such that year-over-year total borrowing costs have fallen. (CCNMatthews Press Releases)

    Pure Energy Services Ltd. Announces Results for the Quarter Ended March 31, 2009  May 13, 2009
    50%, or (ii) bankers acceptance rates plus 2 ... 50%, or (ii) bankers acceptance rates plus 4 ... 7 million in the quarter versus the first quarter of 2008, a 49% decline in prime interest rates, plus the use of lower rate bankers acceptances during the quarter, allowed interest expense to decrease to $0. (CCNMatthews Press Releases)

    TMX Group Profit Rises on Derivatives Trading After Adding Montreal Bourse  Apr 30, 2009
    TMX Group Profit Rises on Derivatives Trading (Update5) - Bloomberg. Updated: New York, Apr 30 04:04 London, Apr 30 09:04 Tokyo, Apr 30 17:04. (Bloomberg -- Canada)

    Advantage Announces Release of Fourth Quarter and Year Ended December 31, 2008 Financial Results  Mar 19, 2009
    The Fund's interest rates are primarily based on short term Bankers Acceptance rates plus a stamping fee. Interest and Accretion on Convertible Debentures Three months ended Year ended December 31 December 31 2008 2007 % change 2008 2007 % change ------------------------------------------------------------------------- Interest on convertible debentures ($000) $ 4,080 $ 4,426 (8)% $ 16,627 $ 14,867 12% per boe $ 1. (PR Newswire)

    Rock Energy Announces 2008 Year End Results  Mar 13, 2009
    Source: Rock Energy Inc.. CALGARY, ALBERTA--(Marketwire - March 13, 2009) - Rock Energy Inc. (TSX: - ) "Rock" is pleased to report its financial and operating results for the three month and twelve month periods ending December 31, 2008. (CCNMatthews Press Releases)

    Brookfield Real Estate Services Fund Announces Fourth Quarter and Fiscal 2008 Results and Monthly Cash Distribution  Mar 11, 2009
    Source: Brookfield Real Estate Services Fund. 2008 Royalties increased 7. (CCNMatthews Press Releases)

    About-turn in loans sector  Mar 7, 2009
    Working capital loans like letter of credit and bankers acceptance are being approved selectively and mainly for existing clients only, he says. Expansion plans and green field investment loans from banks are also taking longer to review. (The Star Online, Malaysia -- Business)

    Trican- 2008 Fourth Quarter and Year End Results  Mar 5, 2009
    Source: Trican Well Service Ltd.. CALGARY, ALBERTA--(Marketwire - March 4, 2009) - Trican Well Service Ltd. (TSX: - ). (CCNMatthews Press Releases)

    Fairborne Energy Ltd. ("Fairborne") Announces 2008 Financial and Operating Results and Summary of Reserves  Mar 4, 2009
    Source: Fairborne Energy Ltd.. CALGARY, ALBERTA--(Marketwire - March 3, 2009) - Fairborne Energy Ltd. (TSX: - ). (CCNMatthews Press Releases)

    Pearl Announces 2008 Fourth Quarter and Annual Financial and Operating Results  Feb 27, 2009
    " The new disclosure standard increases the emphasis on the risks associated with financial instruments and how those risks are managed (See Note 14). The new presentation standard carries forward the former presentation requirements.- Section 1535 "Capital Disclosures," The new standard requires the Company to disclose its objectives, policies and processes for managing its capital structure (See Note 14(g)).4. RECENT ACCOUNTING PRONOUNCEMENTSAs of January 1, 2009, the Company will be required... (CCNMatthews Press Releases)

    Phoenix Reports Record Financial and Operational Results for the Year Ended December 31, 2008  Feb 25, 2009
    Source: Phoenix Technology Income Fund. CALGARY, ALBERTA--(Marketwire - Feb. 24, 2009) - Phoenix (TSX: - ) experienced increases in the demand for its services due to its success in strengthening market penetration in both Canada and the US. As a result, the Fund expanded its overall job capacity to achieve record financial and operating results. (CCNMatthews Press Releases)

    Canadian Retail Sales Fall 5.4 Percent in December, Doubling Expectations  Feb 24, 2009
    Updated: New York, Feb 24 03:31 London, Feb 24 08:31 Tokyo, Feb 24 17:31. Canadian Retail Sales Record Biggest Drop Since 1991 (Update4). (Bloomberg -- Canada)

    Storm Exploration Inc. Is Pleased to Announce Its Financial and Operating Results for the Year and Three Months Ended December 31, 2008  Feb 24, 2009
    Source: Storm Exploration Inc.. CALGARY, ALBERTA--(Marketwire - Feb. 24, 2009) - Storm Exploration Inc. (TSX: - ). (CCNMatthews Press Releases)

    Clairvest Reports Fiscal 2009 Third Quarter Results  Feb 13, 2009
    Source: Clairvest Group Inc.. - December 31, 2008 book value per share of $17. (CCNMatthews Press Releases)

    Carney May Abandon Faith in Quick Canada Rebound After Job Losses Report  Feb 7, 2009
    Updated: New York, Feb 08 01:07 London, Feb 08 06:07 Tokyo, Feb 08 15:07. Carney May Abandon Faith in Quick Canada Rebound (Update1). (Bloomberg -- Canada)



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