Credicorp Securities

Sunday February 12, 2012 By Sunimalee DiasThe national carrier, SriLankan Airlines, plans to sell or lease its slots at Heathrow airport in Britain under an extensive review programme as it acknowledged incurring a huge loss for the current financial year.The losses made in 2011/2012 financial year ending March 31 would go beyond the 2010/2011 level of Rs. 202 million and exceed the budgeted loss of Rs. 8.3 billion, SriLankan Airline’s Chairman Nishantha Wickremesinghe told the Sunday Times...Read Full Story

http://credicorpsecurities-news.com/The Swiss National Bank chairman not only has a problem with the scandal over his wife’s currency trading, he now has deflation to deal with as well. Katie Martin discusses the latest data.ZURICH—Swiss National Bank President Philipp Hildebrand sought to defuse a controversy over currency transactions he and his wife made last year, saying he broke no rules and wouldn’t resign but acknowledging the incident had raised ethical questions.In his first public...Read Full Story

http://credicorpsecurities-info.com/2012/01/credi-corp-securities-headlines-forecast-2012-worst-year-for-gas-prices/ To the dismay of drivers across the country, 2011 went down in the record books as having  the most expensive gasoline average ever, $3.513 for the year, 72 cents per gallon higher than 2010?s yearly average, according to GasBuddy.Patrick DeHaan, GasBuddy’s senior petroleum analyst, projects that by Memorial Day, the national average will be between $3.86 to $4.13 per gallon...Read Full Story

http://credicorpsecurities-info.com/To the dismay of drivers across the country, 2011 went down in the record books as having  the most expensive gasoline average ever, $3.513 for the year, 72 cents per gallon higher than 2010?s yearly average, according to GasBuddy.Patrick DeHaan, GasBuddy’s senior petroleum analyst, projects that by Memorial Day, the national average will be between $3.86 to $4.13 per gallon, and that prices in 2012 will come close to or set new all-time highs. If that...Read Full Story

http://credicorpsecurities-info.com/To the dismay of drivers across the country, 2011 went down in the record books as having  the most expensive gasoline average ever, $3.513 for the year, 72 cents per gallon higher than 2010?s yearly average, according to GasBuddy.Patrick DeHaan, GasBuddy’s senior petroleum analyst, projects that by Memorial Day, the national average will be between $3.86 to $4.13 per gallon, and that prices in 2012 will come close to or set new all-time highs. If that...Read Full Story