OceanaGold Third Quarter 2009 Management Discussion & Analysis Oct 29, 2009
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICE. MELBOURNE, Australia, Oct. 29 /CNW. (Canada Newswire)
Enerflex Reports Second Quarter 2009 Financial Results and Announces Third Quarter 2009 Distributions Aug 12, 2009
The gain was primarily the result of the use of forward exchange contracts to hedge foreign currency exposure on Engineered Systems fabrication contracts. Enerflex mitigates the impact of exchange rate fluctuations by matching expected future U.S. dollar denominated cash inflows with U.S. dollar liabilities, principally foreign exchange contracts, bank debt and accounts payable. (CCNMatthews Press Releases)
Argosy Energy Inc. Announces 2009 Second Quarter Results Aug 7, 2009
Statements relating to "reserves" or "resources' are deemed to be forward looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described can be profitably produced in the future.Investors should not place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. These forward-looking statements are made as of the date... (CCNMatthews Press Releases)
EXFO Reports Third-Quarter Results for Fiscal 2009 Jul 1, 2009
" As part of this plan, EXFO tightened cost controls and reduced its workforce by approximately 5% (65 employees). The company has also applied for a Canadian federal program that will allow certain employees to work four days per week for a maximum of 52 weeks. EXFO will incur severance and other pre-tax related charges of about US$1.3 million that will be accounted for in the fourth quarter of fiscal 2009. Unaudited Selected Financial Information (In thousands of US dollars)... (PR Newswire)
Western Canadian Coal Reports Fiscal Fourth Quarter and Fiscal 2009 Operating and Financial Results Jun 26, 2009
Three months ending March 31, (In thousands of Canadian dollars) 2009 2008 ------------------------------------------------------------------------- General, administration and selling $ 9,566 $ 9,804 Coal exploration and other mine costs 1,208 1,197 Interest and financing fees on long-term debt 3,114 9,893 Investment impairment - 1,819 Unrealized loss on forward exchange contracts 1,501 - Other (income) expense (10,885) (116)... (PR Newswire)
H.I.S. Reports Financial Results for the First Half ended April 30, 2009 Jun 16, 2009
However, as a result of non-operating expenses related to forward exchange contracts, ordinary income rose only 35. 8% year on year to 3,694 million yen and net income grew 46. (JCN Network, Japan)
Reko Announces Third Consecutive Quarter of Profitability During Financial Downturn Jun 5, 2009
Reko's forward exchange contract programme is based on maintaining sufficient forward exchange contracts at all times that are practically equal to the U.S. dollar value of our cash, accounts receivable and work-in-progress, net of any U.S. dollar denominated debt ... Previously, the Company adopted a more long-term approach to its forward exchange programme and included the U.S. dollar value of its backlog of booked business that has yet to kick-off ... Despite this change to a more short-term... (CCNMatthews Press Releases)
Daylight Resources Trust Reports First Quarter 2009 Financial and Operating Results - RECORD PRODUCTION CONTINUES TREND AS DAYLIGHT BUILDS FOR THE FUTURE May 7, 2009
Daylight had no forward exchange rate contracts in place as at or during the period ended March 31, 2009. Commodity Price Risk. (CCNMatthews Press Releases)
LAB Research announces 2008 financial results Mar 30, 2009
The foreign exchange gain realized by LAB Hungary, on the Euro denominated debt and on the forward exchange contract to purchase 2. 5 million Euros to protect us against the volatility of the Euros against the Hungarian forints during the last quarters was offset by the foreign exchange loss incurred by LAB Canada on its forward exchange contracts in the fourth quarter of 2008. (Canada Newswire)
Sterling Shoes Income Fund Announces 2008 Results Mar 20, 2009
This was marginally offset by some forward exchange contract coverage during the fourth quarter and the valuation of the Canadian dollar compared to the U.S. dollar during the course of 2008. These factors were offset in part by enhanced product selection and operational execution, particularly during the three months ended December 31, 2008 compared to the same period in 2007. (CCNMatthews Press Releases)
Open Range Energy Corp. Announces 2008 Financial and Operating Results Mar 20, 2009
The Corporation had no forward exchange rate contracts or interest rate swap contracts in place as at or during the years ended December 31, 2008 and 2007. The following table summarizes the sensitivity of the fair value of the Corporation's market risk management positions to fluctuations in natural gas prices and interest rates. (CCNMatthews Press Releases)
Inscape Corporation Announces Third Quarter Results Mar 13, 2009
The Company uses U.S. dollar forward exchange contracts to manage the currency risk ... The Company's contractual obligations under the U.S. currency forward exchange contracts are secured by certain short-term investments totaling $7,648. (CCNMatthews Press Releases)
Crew Energy Announces 2008 Fourth Quarter and Annual Financial and Operating Results Mar 10, 2009
The Company did not have any forward exchange rate contracts in place as at or during the period ended December 31, 2008, but subsequent to year-end, the Company entered into contracts for US $4 million per month to fix the exchange rate at 1 ... The Company had no forward exchange rate contracts in place as at or during the year ended December 31, 2008. (CCNMatthews Press Releases)
Bonavista Energy Trust Announces 2008 Year End Results Mar 3, 2009
The Trust had no forward exchange rate contracts in place as at or during the period ended December 31, 2008. iv) Interest rate risk. (CCNMatthews Press Releases)
CORRECTION FROM SOURCE: MOSAID Reports Results for Third Quarter Fiscal 2009 and Dividend Feb 27, 2009
The Company had the following forward exchange contracts ... Fair value of the forward exchange contracts reflects the cash flow due to or from the Company if settlement had taken place on the reporting date. (CCNMatthews Press Releases)
OPTI Canada Announces Year End 2008 Results Feb 25, 2009
The translation loss was partially offset by realized gains of $114 million and unrealized gains of $91 million on forward exchange hedging instruments. (*) Interest Income For the year ended December 31, 2008 interest income decreased to $6 million from $13 million in 2007. (Canada Newswire)
Enerflex Reports Record 2008 Year End Financial Results and Announces First Quarter 2009 Distributions Feb 20, 2009
The current period's loss was primarily the result of forward exchange contracts used to hedge foreign currency exposure on Engineered Systems fabrication contracts ... The increased loss was primarily the result of forward exchange contracts related to U.S. dollar denominated sales contracts. (CCNMatthews Press Releases)
Curtiss-Wright Reports 2008 Financial Results Feb 18, 2009
Non-segment operating expense increased during the fourth quarter and full year 2008, compared to the prior year periods primarily due to higher pension, medical, and legal costs, as well as higher foreign exchange losses, due primarily to a forward exchange transaction associated with the acquisition of VMetro. Net Earnings. (PR Newswire)
Western Canadian Coal Achieves Another Record Quarter Feb 13, 2009
Three months ending December 31, (In thousands of Canadian dollars) 2008 2007 ------------------------------------------------------------------------- General, administration and selling $ 5,532 $ 3,805 Coal exploration and other mine costs 4,276 1,809 Interest and financing fees on long-term debt 2,948 5,491 Unrealized gain on forward exchange contracts (3,403) - Other (income) expense (5,504) 2,226 ------------------------------------------------------------------------- Total other expenses... (PR Newswire)
Difficult Business Conditions Impact Interfor's 4th Quarter Results Feb 13, 2009
The Company uses forward exchange contracts and cross currency interest rate swaps to hedge its currency risk, as described in Note 17(b), Derivative financial instruments. Daily, the Company assesses its foreign exchange exposure by reviewing outstanding contracts, pending order files and working capital denominated in foreign currencies. (CCNMatthews Press Releases)
