Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Johnson Outdoors Inc.    JOUT

JOHNSON OUTDOORS INC. (JOUT)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

JOHNSN OUTDRS'A' : Johnson Outdoors Selects Fair Value Insight for Better Risk Management

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/25/2011 | 06:00pm CEST

VANCOUVER, British Columbia and HOUSTON, Jan. 25, 2011 /PRNewswire/ -- FINCAD, the trusted global provider of financial analytics and risk management, announced today that Johnson Outdoors Inc., a leading global manufacturer and marketer of branded fishing, diving, paddling and camping products, has selected Fair Value Insight, a joint offering from FINCAD and ICAP, to value its foreign exchange derivatives portfolio.

Johnson Outdoors selected Fair Value Insight because they wanted to expand their hedging of foreign exchange risks and needed to ensure that their derivatives valuation process was reliable, transparent, efficient and auditable.

"Fair Value Insight is easy to use, cost-effective and saved us a significant amount of time. With Fair Value Insight, our monthly valuation process has gone from hours to minutes," said Lori Strangberg, Corporate Controller, Johnson Outdoors Inc. "Fair Value Insight was also very easy to implement and we did not need to invest in additional IT infrastructure. It is very intuitive to use. Once our trades are loaded, valuation and reporting are simple and we can be confident that the valuations and reports are correct without having to check the valuation of each contract - and with dozens of trades to be valued, this reliability was absolutely critical to us."

"With the current volatility in the foreign exchange market, corporations are taking a closer look at their hedging practices and need an accurate, cost-effective and easy to use derivatives valuation solution," said Bob Park, President and CEO, FINCAD. "We are pleased to be a market leading provider of solutions that address these needs."

About FINCAD

Founded in 1990, FINCAD provides software and services supporting the valuation and risk management of cross-asset class derivatives and fixed income securities to banks, corporate treasuries, asset management firms, auditors, and governments. FINCAD is the industry standard for financial analytics used by more than 4,000 organizations in over 80 countries. Over 70 FINCAD Alliance Partners embed FINCAD analytics within their solutions. FINCAD provides sales and client services from Dublin, Ireland and Vancouver, Canada. www.fincad.com

About Johnson Outdoors Inc. (Nasdaq: JOUT)

Johnson Outdoors Inc. is a leading global outdoor recreation company that turns ideas into adventure with innovative, top-quality products. The company designs, manufactures and markets a portfolio of winning, consumer-preferred brands across four categories: Watercraft, Marine Electronics, Diving and Outdoor Equipment. Johnson Outdoors' familiar brands include, among others: Old Town® canoes and kayaks; Ocean Kayak(TM) and Necky® kayaks; Carlisle paddles; Extrasport® personal flotation devices; Minn Kota® motors; Cannon® downriggers; Humminbird® fishfinders; Geonav®marine electronics; SCUBAPRO® and SUBGEAR® dive equipment; Silva® compasses; Tech4O® digital instruments; and Eureka!® tents.

Visit Johnson Outdoors at http://www.johnsonoutdoors.com

    For more information, contact:

    FINCAD
    Sarah Quon
    Direct: +1.604.831.9599
    Email: [email protected]

    Johnson Outdoors Inc.
    Cynthia Georgeson
    VP - Worldwide Communication
    Phone: 262-631-6600

SOURCE FINCAD


© PRNewswire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on JOHNSON OUTDOORS INC.
05/04JOHNSON OUTDOORS : Management's Discussion and Analysis of Financial Condition a..
AQ
05/04JOHNSON OUTDOORS INC : Results of Operations and Financial Condition, Financial ..
AQ
05/04JOHNSON OUTDOOR : Fiscal 2Q Earnings Snapshot
AQ
05/04JOHNSON OUTDOORS : Posts Record Fiscal Second Quarter Results
AQ
04/30JOHNSON OUTDOORS INC. : (JOUT) Analysts See $1.45 EPS
AQ
04/18Johnson Outdoors to Release Fiscal 2018 Second Quarter Results on May 4, 2018
GL
04/11JOHNSON OUTDOORS INC. : Ex-dividend day for
FA
04/10JOHNSON OUTDOORS INC. : EX-Dividend Schedule: Johnson Outdoors Boosted its Divid..
AC
03/25JOHNSON OUTDOORS : Belgrade Canoe and Kayak site headed for tax sale
AQ
03/13JOHNSON OUTDOORS : Imogene P. Johnson
AQ
More news
News from SeekingAlpha
05/15No 'Fooling' Around With This Top Performing Small Cap Growth Stock Model 
05/04Johnson Outdoors' (JOUT) CEO Helen Johnson-Leipold on Q1 2018 Results - Earni.. 
05/04CONSUMER - TOP GAINERS / LOSERS AS O : 00 pm (05/04/2018) 
05/04It's a go fish rally 
05/04Johnson Outdoors beats by $0.68, beats on revenue