Brazil's TAM Posts Heavy 4Q Loss On Hedges, Forex – Wall Street Journal
March 31, 2009 · Print This Article
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Brazil's TAM Posts Heavy 4Q Loss On Hedges, Forex
Wall Street Journal By Alastair Stewart Of DOW JONES NEWSWIRES SAO PAULO (Dow Jones)–Brazil's leading airline, TAM SA (TAM), late Monday posted a huge fourth-quarter loss due a heavy hit from fuel hedges and the depreciation of the Brazilian real. … |
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