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S&P 500 Weekly Earnings Update: Ex-Energy, And Dollar, Expect Pretty...

2015-03-22 00:20:09| Footwear - Topix.net

S&P 500 Weekly Earnings Update: Ex-Energy, And Dollar, Expect Pretty Strong Q1 '15 Earnings From S&P 500 With just one full week left in the quarter, here is how Thomson Reuters is seeing q1 '15 sector growth rates for the Summary/conclusion: To be upfront, when I saw the reaction to Nike's earnings today, where the futures orders, Nike's key metric, that typically gets the most weight in terms of the health of future business was +2%, but when adjusted for currency, or what Nike calls "constant currency" was +11%, and the stock rallied 3.5% today on 5 average volume, it was clear to me that "currency" will likely be discounted when companies report q1 '15 earnings.

Tags: update pretty expect weekly

Wall St. rises on Nike, lower dollar Nasdaq hits 15-year high

2015-03-21 11:51:25| Footwear - Topix.net

U.S. stocks rose on Friday, pushing the Nasdaq to a 15-year high and helping the S&P 500 snap a three-week string of losses, following a pullback in the dollar, upbeat results from Nike and further biotech gains. Recent sharp gains in the U.S. dollar have increased worries about the currency's impact on the earnings of U.S. multinationals.

Tags: high lower wall hits

Tiffany & Co. Stumbles on Rough Comp Sales, Hurt by Strong Dollar

2015-03-20 22:41:46| Jewelry - Topix.net

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Tags: sales strong dollar hurt

Tiffany loses some of its sparkle, thanks to strong U.S. dollar

2015-03-20 17:32:11| Jewelry - Topix.net

Tiffany & Co. said Friday that it raked in $1.3 billion in sales of diamond rings, gold necklaces and other baubles in its most recent quarter, and yet its haul would've worth been millions more if it weren't for an economic surprise that has lately been a drag on many U.S. businesses: The strength of the dollar.

Tags: to us strong dollar