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Exchange Rates

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Publication: JCN Newswires | Filed In: Japanese Yen and Currencies
Tokyo, Feb 7, 2012 - (JCN Newswire) - Toyota Motor Corporation (TMC) today announced financial results for the nine months ended December 31, 2011. On a consolidated basis, net revenues for the nine...
Business Journal
By Tate, William D. | Publication: Business Credit | Filed In: City Government and Regional & Local Governments
Historically rich and rooted in tradition, yet distinctly modern. Culturally diverse and still defiantly proud and patriotic. Texas is forged from contradictions, merging seamlessly to create a unique and spirited destination. We invite...
Business Journal
Following the adoption of a regulation by the Central Bank Board, the HSBC bank is the first authorized to offer currency derivatives, reports Nacion.com (Jan. 9, 2012). Currency derivatives ensure the value of...
Business Journal
By Perchanok, Kirill | Publication: Futures (Cedar Falls, Iowa) | Filed In: Fossil Fuel Power Plants and Electric Power Plants
The spark spread represents the theoretical margin of electric power producers. Its understanding can reveal several speculative opportunities that traders can use to expand their market activity. There are several fundamental methods of...
Business Journal
By Pritchard, William Jr | Publication: American Agent & Broker  | Filed In: Economic Recovery and Economic Conditions
Uderstanding the developing trends in any market segment is critical to having a successful year. 2012 promises many changes in the insurance industry, but particularly in the environmental segment. Events are finally moving...
Business Journal
Publication: LexisNexis | Filed In: Earnings Per Share and Company Earnings
Total revenue for the second quarter ended December 31, 2011 was $263.4 million, compared to $182.5 million for the second quarter ended December 31, 2010. Net income for six months ended December 31,...
Business Journal
Colorado's hospitals are expecting a legislative session with few health care bills -- but that doesn't mean they don't have some concerns. Rep. Marsha Looper has filed a bill that seeks to repeal...
Business Journal
By Larino, Jennifer | Publication: New Orleans CityBusiness | Filed In: Natural Gas & Electric Utilities and Utilities Industry
Early last year, Jon Sader and his team of eight at Sader Power faced the same hurdle most solar power installation companies do -- cost. The typical residential solar power system can easily...
Business Journal
Manhattan listings ... For sale: 4,566 For rent: 2,332 Median home value: $455,300 Brooklyn listings ... For sale: 1,101 For rent: 467 Median home value: $527,311 Bronx listings ... For sale:......
Business Journal
Notice of Proposed Rulemaking and Notice of Public Hearing Basis Reporting by Securities Brokers and Basis Determination for Debt Instruments and Options AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed rulemaking...
Business Journal
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
CEDAR RAPIDS, Iowa -- Rockwell Collins, Inc. (NYSE: COL) today reported first quarter fiscal year 2012 income from continuing operations of $130 million compared to $150 million in the same period last year....
Press Release
Publication: Business Wire | Filed In: Hospitals and Health Care Facilities
FRANKLIN, Tenn. -- Community Health Systems, Inc. (NYSE: CYH) (the "Company") today announced that it is seeking the consent of lenders to amend its existing senior secured credit facilities to allow for the...
Press Release
Publication: Business Wire | Filed In: Common Stock and Equities
LOUISVILLE, Ky. -- Republic Bancorp, Inc. is pleased to announce its fourth consecutive year of increased earnings by completing 2011 with net income of $94.1 million, a $29.4 million, or 45%, increase over...
Press Release
Publication: Business Wire | Filed In: Dividends and Company Earnings
Other specific highlights compared with 2011 Third Quarter: * 3.38% net interest margin, up 4 basis points * 14% annualized growth in average core deposits * 2% annualized growth in average total loans,...
Press Release
Publication: Business Wire | Filed In: Company Earnings and Financial Results
PHOENIX -- Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): Net income attributable to common stock for fourth-quarter 2011 was $640 million, $0.67 per share, compared with net income of $1.5 billion, $1.63 per...
Press Release
Strong Capital Generation With Tier 1 Common Equity Ratio at 9.86 Percent Global Excess Liquidity Sources Remain Strong at $378 Billion, up $42 Billion in 2011 Investment Bank Maintained No. 2 Global Ranking...
Press Release
Full Year Diluted EPS of $12.37 ($11.85 as adjusted) Operating Margin of 36.3% (40.0% as adjusted) for Fourth Quarter 2011 Assets Under Management of $3.513 Trillion at December 31, 2011 NEW YORK --...
Press Release
SAN JOSE, Calif. -- Fairchild Semiconductor (NYSE: FCS), the leading global supplier of power semiconductors, today announced results for the fourth quarter ended December 25, 2011. Fairchild reported fourth quarter sales of $339.4...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
2011 Loan Originations Up 19 Percent, Operating Expenses Down NEWARK, Del. -- Sallie Mae (NASDAQ: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2011 financial results highlighting increased student loan originations, lower...
Press Release
Publication: Business Wire | Filed In: Dividends and Company Earnings
Declares Quarterly Distribution of $1.16 Per Unit HOUSTON -- Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today declared a quarterly cash distribution per common unit of $1.16 ($4.64 annualized) payable on Feb. 14,...
Press Release

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Business Glossary

Definitions for: fixed exchange rates
fixed exchange rates

foreign exchange rate system that existed under the bretton woods system, in which the value of national currencies is set vis-à-vis the value of other currencies. Also called pegged exchange rates. Each country is required to maintain its currency at or near this fixed rate. Fixed exchange rates, established at the Bretton Woods International Monetary Conference of 1944, were used until the early 1970s, when the United States abandoned the gold standard and a system of floating exchange rate was adopted. A modified form of fixed exchange currency rates continues today in the European Monetary System snake, a monetary system adopted in the 1970s to hold currency fluctuations to a band of exchange rates with upper and lower limits.

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