Archive for March, 2010

Currencies: Yen slips on last day of Japan fiscal year

The yen sinks in Tokyo as investors liquidate long positions on the last day of the Japanese fiscal year, with an earlier Japanese stock-market rally also greasing the low-yielding Japanese unit’s slide.


Gregg says fiscal reform harder now

Senator Judd Gregg said yesterday he will focus on rescuing the nation from financial ruin despite two significant challenges: his limited time left in office and a new health care law he believes will go down in history as “the bale of hay that broke the back of American fiscal policy.’’


Meiji Dairies Pension to Double Domestic Bonds in Fiscal 2010

Meiji Dairies Corp.’s pension fund plans to more than double its Japanese bond holdings in the new fiscal year in a shift away from equities as it aims to cut risk and target for an annual 3.5 percent return.


SAIC Announces Financial Results for Fourth Quarter and Fiscal Year 2010

MCLEAN, Va., March 30 /PRNewswire-FirstCall/ — SAIC, Inc., a scientific, engineering, and technology applications company, today announced financial results for the fourth quarter and fiscal year 2010, which ended January 31, 2010.


Mexico’s January-February Fiscal Surplus MXN22.9Bln -Government

Mexico’s January-February Fiscal Surplus MXN22.9Bln -Government


Landec fiscal 3Q profit rises but misses estimates

Landec Corp., which makes agricultural and food packaging products, said Tuesday that its fiscal third-quarter profit climbed nearly 13 percent as its fresh-cut vegetable subsidiary gained market share.


Applied Materials raises fiscal 2010 revenue outlook, cites rising demand across businesses

NEW YORK – Chip manufacturing equipment maker Applied Materials Inc. raised its fiscal 2010 revenue forecast by 10 percent Tuesday, saying it now expects revenue to rise 60 percent in fiscal 2010.


3Com reports higher fiscal 3Q profit above Street

Networking systems maker 3Com Corp. said Tuesday that its fiscal third-quarter profit jumped on growing sales in most regions and a sharp drop in its income tax provision.


Romania Lower House Passes Fiscal Responsibility Bill-Mediafax

Romania Lower House Passes Fiscal Responsibility Bill-Mediafax


S&P Cuts Some Iceland Ratings On Fiscal Restrictions

S&P Cuts Some Iceland Ratings On Fiscal Restrictions