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Air China Sees Fuel-Hedging Losses Rising, Fuel Costs Falling
Last Update: 12/21/2008 7:39:44 PM
HONG KONG (Dow Jones)–Air China Ltd. (0753.HK) said it expects losses incurred
from the settlement of fuel-hedging contracts to increase as global oil prices
fall.
But Air China, the nation’s second-largest airline by assets after China Southern
Airlines Co., said in a statement late Friday the losses [...]

US HOT STOCKS: Genesco, Giant Interactive, Greif -2-
Last Update: 8/28/2008 2:36:57 PM
Among the companies whose shares are actively trading in Thursday’s session are
MBIA Inc. (MBI), Zale Corp. (ZLC), Gerber Scientific Inc. (GRB).
MBIA ($14.99, $3.01, 25.10%) said it will receive about $741 million for
reinsuring a $184 billion portfolio of U.S. public finance bonds insured by
Financial Guaranty [...]

UPDATE: China: Four Banks Apply To Take Stakes In Insurers
Last Update: 7/29/2008 3:02:51 AM
(Adds quotes from regulator, first-half data on insurance companies’
investments.)
BEIJING (Dow Jones)–China’s insurance regulator has received applications from
four banks to take stakes in insurance companies, an official at the regulator
said Tuesday.
Industrial & Commercial Bank of China Ltd. (1398.HK), China Construction Bank
Corp. (0939.HK), Bank [...]