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EUROPEAN DYNAMICS VAR TALKS TO LENDER

In press releases, less often than in financial reports, it's good to read the bottom line. And in a press release about the preliminary results for Qurius, a European Dynamics reseller, was the following that had escaped my glance: "The strong cash position enabled Qurius to meet its debt service obligations for the full year by the end of 2009. Qurius expects to be able to solve the effects of the disappointing fourth quarter performance on the covenants, in a constructive dialogue with its lender." Read more...

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