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Latest Derivatives News

  • --> Iberian Minerals Corp. Announces Accounting Restatement 19 Aug 2008 20:51 GMT
    ... announces that it's March 31, 2008 interim financial statements have been restated to correct for ... losses on the mark to market on derivatives of the consolidated entity will be recognised ...

  • Miner Fresnillo first-half profits jump 19 Aug 2008 20:51 GMT
    ... hence translating into lower production costs," Chief Financial Officer Mario Arreguin told a results conference ... also consumers of explosives, which are a derivative of oil." Fresnillo said it was confident ...

  • Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended 19 Aug 2008 20:31 GMT
    ... servicing the COA business. Navios Holdings has options to acquire four of the 17 chartered-in ... December 31, 2007 104,168 104,968 Short term derivative asset 173,163 184,038 Short term backlog asset ... (loss) on FFA derivatives and interest rate swaps (2,863) 5,293 Earnings in affiliates and joint ...

  • GM, Auditor to Pay $303 Million to Settle Shareholder Suits 19 Aug 2008 20:31 GMT
    ... obligations, overstating assets and revenue, and masking financial problems. The plaintiffs also said GM failed ... In re General Motors Corp. Securities & Derivative Litigation Copyright 2008 FindLaw, a Thomson Reuters ...

  • Class action suit on bank 19 Aug 2008 20:30 GMT
    ... Lehman Brothers to recover losses. Council’s chief financial officer, Shane Ryan, said Piper Alderman would ... of US subprime home mortgages into complicated derivative securities and marketed them as a safe ...

  • Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2008 19 Aug 2008 20:30 GMT
    ... servicing the COA business. Navios Holdings has options to acquire four of the 17 chartered-in ... December 31, 2007 104,168 104,968 Short term derivative asset 173,163 184,038 Short term backlog asset ... (loss) on FFA derivatives and interest rate swaps (2,863) 5,293 Earnings in affiliates and joint ...

  • Fitch Downgrades Constellation Energy to 'BBB'; Affs Baltimore G&E Ratings 19 Aug 2008 20:30 GMT
    ... risk portfolios that combine both physical and derivative positions. The Issuer Default Rating (IDR) was ... its counterparties would have unfavorable business and financial consequences. Fitch has also taken into consideration ...

  • Nymex Members Approve $8.2 Billion Buyout By Chicago-Based CME Group 19 Aug 2008 20:14 GMT
    ... will combine to form the world’s largest derivatives exchange after Nymex shareholders voted on Monday ... the CME Group’s leading position in global financial markets,” said CME Group CEO Craig Donohue ...

  • 2K Games Announces Release Date for BioShock(R) for PLAYSTATION(R)3 System 19 Aug 2008 19:51 GMT
    ... the same way twice, while numerous customization options provide gamers with an experience that adapts ... grants and the restatement of our consolidated financial statements. The investigation and conclusions of the ... such matters, including previously disclosed shareholder and derivative litigation and actions by the Securities and ...

  • Alliance appoints Garrett-Cox as chief 19 Aug 2008 19:31 GMT
    ... 19:57 , the international investment trust and financial services group, has promoted Katherine Garrett-Cox to ... Ms Garrett-Cox has increased the use of derivatives, reduced its exposure to Japan and helped ...

  • 2K Games Announces Release Date for BioShock(R) for PLAYSTAT… 19 Aug 2008 18:48 GMT
    ... the same way twice, while numerous customization options provide gamers with an experience that adapts ... grants and the restatement of our consolidated financial statements. The investigation and conclusions of the ... such matters, including previously disclosed shareholder and derivative litigation and actions by the Securities and ...

  • Evolution Markets Forms Catastrophe Derivatives Brokerage Division 19 Aug 2008 18:37 GMT
    ... Evolution Markets Forms Catastrophe Derivatives Brokerage Division (BestWire Services Via Acquire Media ... New York Mercantile Exchange, and the Insurance Futures Exchange. Formed in 2000, Evolution Markets caters ...

  • Ragsdale Liggett PLLC Sponsors Third Annual Commercial Real Estate Joint Networking Event 19 Aug 2008 18:31 GMT
    ... size from small local businesses to national financial institutions and large international insurance conglomerates. The ... implications, such as insurance/reinsurance coverage disputes, shareholder derivative actions, ERISA disputes, professional negligence defense, accountants ...

  • Schaeffler bid sparks shareholder outcry 19 Aug 2008 18:30 GMT
    ... about this issue.” Schaeffler used so-called cash swaps to build a 36 per cent stake ... intensifying international debate about use of such derivatives. The UK has recently tightened its rules ... for regulatory changes. A spokeswoman for the finance ministry pointed to fresh legislation in this ...

  • London clubs snub brash bankers 19 Aug 2008 18:14 GMT
    ... Room club on the edge of London's financial district, says bankers are the last people ... Daniel Hernandez, 24, who works in equity derivatives sales at Commerzbank. He said he has ...


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