lo spero
l'ho messa in ptf l'altro giorno
sto anche cercando di prendere
Trinseo Materials Operating 2019
8.75 B1
US89668QAA67
Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1
- Creatore Discussione TRADING_IDEAS
- Data di Inizio
- Stato
lo spero
l'ho messa in ptf l'altro giorno
sto anche cercando di prendere
Trinseo Materials Operating 2019
8.75 B1
US89668QAA67
Petroleo Brasileiro Petrobras SA : First Quarter of 2013 Results: Net Income de R$ 7,693 million
04/27/2013| 04:05am US/EasternRecommend:
0
Rio de Janeiro - April 26, 2013 - Petrobras today announces its consolidated results stated in millions of Reais, prepared in accordance with International Financial Reporting Standards - IFRS issued by the International Accounting Standards Board - IASB.
Consolidated net income attributable to the shareholders of Petrobras reached R$7,693 million in the 1Q-2013. Adjusted EBITDA reached R$16,231 million in the 1Q-2013, 36% higher compared to the 4Q-2012.
Highlights
R$ million
For the first quarter of
4Q-2012
1Q13 x
4Q12
(%)
2013
2012
2013 x
2012
(%)
7,747
(1)
Consolidated net income attributable to the shareholders of Petrobras
7,693
9,214
(17)
2,614
(2)
Total domestic and international crude oil and
2,552
2,676
(5)
11,944
36
Adjusted EBITDA
16,231
16,521
(2)
254,852 (10) Market capitalization (Parent Company)
228,203 311,659 (27)
The Company reported 1Q-2013 earnings of R$ 7,693 million and the following highlights:
• A 5.4% increase of diesel prices and a 6.6% increase of gasoline prices in January 30, as well as a 5% increase of diesel prices in March 6, helped reduce the gap between domestic prices for oil products and international prices.
• Higher performance indicators in refining operations, reaching 2,083 Mbbl/d of feedstock processed (6% increase compared to the 4Q-2012), reducing oil products imports.
• A 36% increase in the Adjusted EBITDA, driven by lower operating expenses, along with the highlights above.
• Oil production decreased as previously scheduled, due to a higher number of stoppages and to the natural production decline of the fields, partially offset by the higher production of the new production systems.
• On February 20 2013, the Company reached the level of 300 Mbbl/d of oil production at the pre-salt layer.
04/27/2013| 04:05am US/EasternRecommend:
0
Rio de Janeiro - April 26, 2013 - Petrobras today announces its consolidated results stated in millions of Reais, prepared in accordance with International Financial Reporting Standards - IFRS issued by the International Accounting Standards Board - IASB.
Consolidated net income attributable to the shareholders of Petrobras reached R$7,693 million in the 1Q-2013. Adjusted EBITDA reached R$16,231 million in the 1Q-2013, 36% higher compared to the 4Q-2012.
Highlights
R$ million
For the first quarter of
4Q-2012
1Q13 x
4Q12
(%)
2013
2012
2013 x
2012
(%)
7,747
(1)
Consolidated net income attributable to the shareholders of Petrobras
7,693
9,214
(17)
2,614
(2)
Total domestic and international crude oil and
2,552
2,676
(5)
11,944
36
Adjusted EBITDA
16,231
16,521
(2)
254,852 (10) Market capitalization (Parent Company)
228,203 311,659 (27)
The Company reported 1Q-2013 earnings of R$ 7,693 million and the following highlights:
• A 5.4% increase of diesel prices and a 6.6% increase of gasoline prices in January 30, as well as a 5% increase of diesel prices in March 6, helped reduce the gap between domestic prices for oil products and international prices.
• Higher performance indicators in refining operations, reaching 2,083 Mbbl/d of feedstock processed (6% increase compared to the 4Q-2012), reducing oil products imports.
• A 36% increase in the Adjusted EBITDA, driven by lower operating expenses, along with the highlights above.
• Oil production decreased as previously scheduled, due to a higher number of stoppages and to the natural production decline of the fields, partially offset by the higher production of the new production systems.
• On February 20 2013, the Company reached the level of 300 Mbbl/d of oil production at the pre-salt layer.
Geo Falls as Mexican Homebuilder Misses Interest Payment
Corp. Geo SAB (GEOB), Mexico’s second- biggest homebuilder by revenue, plunged the most in 14 years after the company said it would miss an interest payment and that cash tumbled by 84 percent during the first quarter.
The shares fell 21 percent to 4.77 pesos at 10:24 a.m. in Mexico City trading, the biggest drop on a closing basis since September 1998. The company’s dollar-denominated bonds due in 2022 lost 9.15 cents to a record low of 45.07 cents on the dollar, according to data compiled by Bloomberg.
Geo said today in a filing that it will miss an interest payment on bonds denominated in pesos. An earnings report released late yesterday showed that the Mexico City-based homebuilder’s cash and cash equivalents dropped by 84 percent to 371.4 million pesos as of March 31 from the end of 2012. The company had negative free cash flow to equity of 1.7 billion pesos during the quarter.
The company’s finances have deteriorated this year along with those of the country’s other largest publicly-traded homebuilders as the government delayed payment of housing subsidies and shifted policy to promote more capital-intensive apartment construction in urban areas over single-family homes in commuter towns. The Mexico Habita Index of six publicly- traded builders is down 57 percent this year.
To contact the reporter on this story: Jonathan Levin in Mexico City at [email protected]
To contact the editor responsible for this story: David Papadopoulos at [email protected]
Corp. Geo SAB (GEOB), Mexico’s second- biggest homebuilder by revenue, plunged the most in 14 years after the company said it would miss an interest payment and that cash tumbled by 84 percent during the first quarter.
The shares fell 21 percent to 4.77 pesos at 10:24 a.m. in Mexico City trading, the biggest drop on a closing basis since September 1998. The company’s dollar-denominated bonds due in 2022 lost 9.15 cents to a record low of 45.07 cents on the dollar, according to data compiled by Bloomberg.
Geo said today in a filing that it will miss an interest payment on bonds denominated in pesos. An earnings report released late yesterday showed that the Mexico City-based homebuilder’s cash and cash equivalents dropped by 84 percent to 371.4 million pesos as of March 31 from the end of 2012. The company had negative free cash flow to equity of 1.7 billion pesos during the quarter.
The company’s finances have deteriorated this year along with those of the country’s other largest publicly-traded homebuilders as the government delayed payment of housing subsidies and shifted policy to promote more capital-intensive apartment construction in urban areas over single-family homes in commuter towns. The Mexico Habita Index of six publicly- traded builders is down 57 percent this year.
To contact the reporter on this story: Jonathan Levin in Mexico City at [email protected]
To contact the editor responsible for this story: David Papadopoulos at [email protected]
qquebec
Super Moderator
Potrebbero richiamare entro 1 Feb 2014. Ecco la nota del prospetto
We may redeem some or all of the Senior Secured Notes at any time and from time to time on or after February 1, 2014, at the redemption prices set forth in this listing circular. Prior to February 1, 2014, we may redeem some or all of the Senior Secured Notes at a redemption price equal to 100% of the principal amount of the Senior Secured Notes plus accrued and unpaid interest, if any, to the applicable redemption date plus the applicable “make-whole” premium set forth in this listing circular. In addition, at any time prior to February 1, 2013, we may redeem up to 35% of the aggregate principal amount of the Senior Secured Notes with the proceeds of certain equity afferings. Please see “Description of the Senior Secured Notes—Optional Redemption.”
Penney gets Goldman loan in latest move to improve its finances
04/29/2013| 10:33am US/EasternRecommend:
0
(Reuters) - J.C. Penney Co Inc (>> J.C. Penney Company, Inc.) on Monday said it had lined up a five-year, $1.75 billion financing package from Goldman Sachs Group Inc (>> Goldman Sachs Group, Inc.), the latest move by the struggling retailer to shore up its finances.
(Reuters) - J.C. Penney Co Inc (>> J.C. Penney Company, Inc.) on Monday said it had lined up a five-year, $1.75 billion financing package from Goldman Sachs Group Inc (>> Goldman Sachs Group, Inc.), the latest move by the struggling retailer to shore up its finances.
The senior secured term loan facility, backed by the department store chain's real estate and other assets, may be used to fund working capital needs and for other corporate purposes, Penney said in a statement.
The financial terms were not disclosed.
Penney's announcement confirms what sources told Reuters on Friday.
Penney shares were up 1.8 percent to $17.30 in early trading as the move eased fears about Penney's financial situation.
"The cash infusion will stabilize JCP and put it on a path toward recovery," Gilford Securities analyst Bernard Sosnick wrote in a research note, also praising the company for not issuing equity to raise money, a move that would dilute investors' holdings.
The move makes the odds "remote" that Penney would default on its debt before its next payment on $200 million in bonds which comes due in October 2015, Piper Jaffray analyst Alex Fuhrman, who nonetheless noted there are no signs yet of improvement in Penney's business and warned the retailer is still burning through a lot of cash.
The Goldman financing comes as retailers gear up to place orders for the year-end holiday period, during which retailers often make a third of annual revenue and half of annual profit.
Penney recently borrowed $850 million from its $1.85 billion revolving credit facility to help buy inventory and revamp its business strategy.
Penney is allowed to use the money to buy back or pay down its outstanding debt maturing in 2023.
The moves to improve its finances come after a disastrous year in which Penney revenue plummeted 25 percent following a botched attempt by Chief Executive Ron Johnson to reinvent the company, in part by eliminating the use of coupons. Johnson was ousted earlier this month.
Penney ended its fiscal year on February 2 with $930 million in cash on hand, down from $1.51 billion a year earlier, a drop that would have been worse if not for deep reductions in expenses.
The company's real estate includes 429 of its 1,100 stores, a larger proportion than its rivals, as well as land at its Plano, Texas, headquarters.
(Reporting by Phil Wahba in New York; Editing by Gerald E. McCormick, John Wallace and Nick Zieminski)
By Phil Wahba
04/29/2013| 10:33am US/EasternRecommend:
0
(Reuters) - J.C. Penney Co Inc (>> J.C. Penney Company, Inc.) on Monday said it had lined up a five-year, $1.75 billion financing package from Goldman Sachs Group Inc (>> Goldman Sachs Group, Inc.), the latest move by the struggling retailer to shore up its finances.
(Reuters) - J.C. Penney Co Inc (>> J.C. Penney Company, Inc.) on Monday said it had lined up a five-year, $1.75 billion financing package from Goldman Sachs Group Inc (>> Goldman Sachs Group, Inc.), the latest move by the struggling retailer to shore up its finances.
The senior secured term loan facility, backed by the department store chain's real estate and other assets, may be used to fund working capital needs and for other corporate purposes, Penney said in a statement.
The financial terms were not disclosed.
Penney's announcement confirms what sources told Reuters on Friday.
Penney shares were up 1.8 percent to $17.30 in early trading as the move eased fears about Penney's financial situation.
"The cash infusion will stabilize JCP and put it on a path toward recovery," Gilford Securities analyst Bernard Sosnick wrote in a research note, also praising the company for not issuing equity to raise money, a move that would dilute investors' holdings.
The move makes the odds "remote" that Penney would default on its debt before its next payment on $200 million in bonds which comes due in October 2015, Piper Jaffray analyst Alex Fuhrman, who nonetheless noted there are no signs yet of improvement in Penney's business and warned the retailer is still burning through a lot of cash.
The Goldman financing comes as retailers gear up to place orders for the year-end holiday period, during which retailers often make a third of annual revenue and half of annual profit.
Penney recently borrowed $850 million from its $1.85 billion revolving credit facility to help buy inventory and revamp its business strategy.
Penney is allowed to use the money to buy back or pay down its outstanding debt maturing in 2023.
The moves to improve its finances come after a disastrous year in which Penney revenue plummeted 25 percent following a botched attempt by Chief Executive Ron Johnson to reinvent the company, in part by eliminating the use of coupons. Johnson was ousted earlier this month.
Penney ended its fiscal year on February 2 with $930 million in cash on hand, down from $1.51 billion a year earlier, a drop that would have been worse if not for deep reductions in expenses.
The company's real estate includes 429 of its 1,100 stores, a larger proportion than its rivals, as well as land at its Plano, Texas, headquarters.
(Reporting by Phil Wahba in New York; Editing by Gerald E. McCormick, John Wallace and Nick Zieminski)
By Phil Wahba
Camajan
Forumer storico
ha appena skambiato a 104,40
komplimenti a tutti koloro ke l'hanno preso qualke settimana fà
captain sparrow
Forumer storico
tra questa belle notizie manca solo Magyar. incrociamo le dita.ha appena skambiato a 104,40
komplimenti a tutti koloro ke l'hanno preso qualke settimana fà
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