Delta had long-term hedge contracts to buy fuel at 76 cents a gallon but sold them in February for $ 83 million in cash.
12.
With its recent acquisition of Homestake Mining, the share of Barrick's reserves committed to hedge contracts has dropped to 20 percent from 26 percent.
13.
The airline paid an average of 72 cents a gallon vs . 54 cents a year earlier, when hedging contracts shielded it from the brunt of increases.
14.
The recent rise in gold prices " should help their earnings because they have hedging contracts which ( give ) them flexibility if gold price rises,"
15.
Strachan said it could become particularly problematic if the pound is still strong in mid-1998, when hedging contracts that let Rover buy marks at cheaper rates expire.
16.
To help customers shield themselves from risk, Lay's Enron developed hedging contracts for gas like those traded in the markets for corn and copper and winter wheat.
17.
In the first quarter a year ago, Sony's net income was bolstered by a 20.4 billion yen gain in foreign exchange because of currency hedging contracts.
18.
While the maneuver wasn't illegal, critics questioned whether it was ethical because anyone using the tactic would have obtained a hedge contract for free from the federal government.
19.
For the fourth quarter, Delta's average cost per gallon rose just 6 percent and the airline reported a gain of $ 99 million on fuel-hedging contracts.
20.
There are numerous variations on the standard hedging contract available in the market, often containing complicated financial arrangements, for example one way option contracts, cap and collar contracts.
