EMBRAER'S EARNINGS HIT HARD BY VOLATILE EXCHANGE RATE
EMBRAER'S EARNINGS HIT HARD BY VOLATILE EXCHANGE RATE - A roller coaster real-dollar exchange rate forced a sharp drop in Embraer's quarterly income, already pressured by deliveries that fell from 132 aircraft a year ago to 110 for 2003. Embraer's $4.9 million second quarter net income was...
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