Latest Hedge Stories

VANCOUVER, British Columbia, May 19, 2011 /PRNewswire/ -- With commodity risk management responsibilities shifting to the treasury department, there is more pressure on treasurers to comply with hedge accounting rules associated with their commodity hedges in an easy and cost-effective way. Understanding this challenge has led FINCAD to develop a commodity hedge accounting module that can fully automate the management and testing under the hedge accounting rules of FAS 133 and IAS 39/IFRS...

PARIS, May 10, 2011 /PRNewswire-FirstCall/ -- - Entitlements 18,568 boepd - 1st Quarter 2011 Sales (In EUR m) Q1 2011 Q1 2010 Chg Exchange rate 1.367 1.383 Oil production 124.3 33.6 270% Gabon 93.7 33.5 180% Nigeria 30.5 0.0 n/a Tanzania 0.2 0.1 81% Oil services 21.6 23.5 -8% Sales 145.9 57.0 156%...

NEW YORK, May 10, 2011 /PRNewswire/ -- FXDD, a leader in online Forex trading, today announced three new product offerings to its line of advanced solutions for institutional traders. The new products include Forex options, non-deliverable forwards (NDFs) and trading in Chinese Yuan (CNH) cleared in Hong Kong. These innovative offerings will expand FXDD's services and allow institutions, including hedge funds, fund managers, commodity pool operators (CPOs) and select banks to diversify...

INCLINE VILLAGE, Nev., May 9, 2011 /PRNewswire/ -- PDL BioPharma, Inc. (PDL, the Company) (NASDAQ: PDLI) today announced that it intends to offer, subject to market and other conditions, $135 million aggregate principal amount of new convertible senior notes due May 2015 under the Company's shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) on May 9, 2011. The Company also expects to grant the underwriters a 13-day overallotment option to purchase up...

DENVER, May 5, 2011 /PRNewswire/ -- Double Eagle Petroleum Co. (NASDAQ: DBLE) reported today its financial results for the quarter ended March 31, 2011. The Company had a net loss attributable to common stock of $(1,083,000), or $(0.10) per share for the first quarter as compared to net income of $5,178,000, or $0.47 per share for the first quarter of 2010. The Company's net income attributable to common stock was net of dividends paid on the Company's outstanding Series A Preferred...

NEW YORK, May 4, 2011 /PRNewswire/ -- S&P Indices announced today the launch of the S&P 500® Oil Hedged Index, calculated as a combination of a long S&P 500 position overlaid with long positions in NYMEX Oil futures and ICE Brent Crude Oil futures. The S&P 500 Oil Hedged Index seeks to reduce the effects of a rise in inflation, as reflected in higher oil prices, or against declines in the value of the U.S. Dollar by simulating the returns of an investment strategy that is...

MIAMI, April 28, 2011 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) today announced better than expected first quarter results and updated guidance for the remainder of 2011. Key Highlights For the First Quarter 2011:Net income was $91.6 million, or $0.42 per share versus, $87.4 million, or $0.40 per share in 2010. Included in the 2010 results was a one-time gain of $85.6 million, or $0.39 per share related to a legal settlement;Net Yields increased 4.0% (2.8% on a...

HONOLULU, April 26, 2011 /PRNewswire/ -- Hawaiian Holdings, Inc. (NASDAQ: HA) ("Holdings" or the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported consolidated net income for the three months ended March 31, 2011 of $0.9 million, or $0.02 per diluted share, on total operating revenue of $365.6 million. This result compares with net income of $0.2 million, or $0.00 per diluted share, on total operating revenue of $298.4 million for the three months ended...

Mohammad Golabi, a soil science professor at the University of Guam, has put his years of research on vetiver grass to practical use in shielding the reefs in Pago Bay from the harmful effects of construction-induced run-off.One of the major health hazards facing Guam's reefs is soil erosion resulting in sedimentation and suffocation of the complex organisms that make up a reef system. "Vetiver's ability to tolerate high stress situations, adapt to a variety of conditions, develop a dense...

TEL AVIV, Israel, March 29, 2011 /PRNewswire-FirstCall/ -- Elbit Imaging Ltd. ("EI") (TASE, NASDAQ: EMITF) announced today its results for the year 2010. Years 2010 and 2009 results analysis: Consolidated revenues in Year 2010 were NIS 1,474 million (US$ 415 million) compared to NIS 698 million reported last year. The increase is mainly attributable to: (i) gain from a bargain purchase of EDT in the amount of NIS 397 million (US$ 112 million), executed by EPN, which is...