LYCOS RETRIEVER 
Weather
built 133 days ago
Weather derivatives are not weather or commodity insurance, but financial instruments to protect profits from weather related factors. Until very recently, companies providing material and services in the energy industry have been at the mercy of weather patterns and open to large profit losses. Now businesses may use weather derivatives to ensure their protection from conditions unfavorable to their industry.
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"Weather is one of the largest variables impacting economic activity and business performance," said Felix Carabello, Director, CME Alternative Investment Products. "CME weather futures contracts provide the marketplace with important hedging tools that allow businesses worldwide, such as construction, energy, retail and transportation companies, to manage their exposure to the elements."
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The Weather Channel® Interactive (TWCI) today announced the launch of a completely optimized weather application for the iPhone and iPod touch. The new application requires no download and leverages Apple's innovative touch screen technology to deliver current conditions, hourly and 10-day forecasts, and maps in a fully interactive environment where functionality like sliding pages and "fade ins" make the user experience fun and unique. be accessed via Apple's new Web Application site at http://www.apple.com/webapps/
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In addition to weather, the 3D Weather Globe & Atlas can show country borders, cities, times zones and real-time night/day line. The product ... has a route mapping feature that can plot travel routes that can be stored. A number of famous routes are pre-loaded such as Ameila Earhart's attempted flight around the world, Magellan's voyages and the Athens 2004 Olympics Torch Route.
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Aviation weather optimized for the iPhone. Pinch-zoom Radar and IR satellite images centered on any US airport. Show any airport world-wide in the iPhone Google Maps app. Direct-dial links for ATIS and AWOS for US airports. Read more.
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CHICAGO, Oct. 16 /PRNewswire-FirstCall/ -- CME, the world's largest and most diverse financial exchange, announced today that it will expand its weather futures and options product suite to include weather contracts on six Canadian cities. Beginning November 6, weather futures and options on futures will be available for Calgary, Edmonton, Montreal, Toronto, Vancouver and Winnipeg.
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