Currency Wars Are Heating Up Across Latin America

They’re gearing up for a potentially damaging round of currency interventions to help keep their economies competitive, especially against China. Says Brazilian Finance Minister Guido Mantega: “This is a currency war that is tu…

Spirit Airlines Files for $300 Million IPO

Spirit

Spirit Airlines filed plans for an IPO worth as much as $300 million.

The airline, which offers low-cost travel to and from South Florida, the Caribbean and Latin America, would retain about half of the proceeds of the IPO and use most of the rest to pay down debt, The Wall Street Journal said.

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Spirit has remained profitable in each of the last three full years even as other…

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Spirit Airlines Files for $300 Million IPO originally appeared on DailyFinance on Mon, 20 Sep 2010 07:58:00.

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