Spirit Aerosystems Holdings, Inc. Reports Fourth Quarter And Full-year 2008 Financial Results
6th February 2009 -
Views: 785
Spirit AeroSystems Holdings, Inc. (NYSE: SPR) reported fourth quarter and full-year 2008 financial results reflecting solid operating performance, the unfavorable impact from the Machinists' strike at Boeing, and a lower pension
income forecast which unfavorably impacted the company's contract accounting estimates.
Scotiabank Increases Investment In Thailand's Thanachart Bank
4th February 2009 -
Views: 913
TORONTO and BANGKOK, Feb. 3 /CNW-AsiaNet/ - - Scotiabank today announced that it has completed the acquisition of an additional 24 per cent of Thanachart Bank, Thailand's eighth-largest bank and leading automobile lender, for THB7,700 million approximately C$268 million. Scotiabank will purchase 416 million shares from Thanachart Capital raising Scotiabank's holding in Thanachart Bank to 49 per cent, the regulatory limit for foreign banks in Thailand.
Banks Must Pass On Rate Cut Fully 1
3rd February 2009 -
Views: 837
Master Builders Australia, the peak building and construction industry, today called on the banks to fully pass on the entire one percentage point reduction in official rates, as there is no case to withhold the benefits of lower interest rates to both households and builders alike.
Savvy Borrowers Expected To Take Further Advantage From Latest Round Of Tax Cuts
3rd February 2009 -
Views: 826
Resi’s Head of Consumer Advocacy, Lisa Montgomery, says it’s clearly now a borrower’s market and today’s large reduction in official interest rates will certainly deliver more flexibility back to the consumer.
Expert Comment On Economic Crisis
29th January 2009 -
Views: 876
The IMF is expecting 2009 to be the worst year for the global economy since the Great Depression, according to its latest World Economic Outlook.