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U.S. companies rush to insulate themselves against Venezuela's currency, economic woes

2015-05-14 14:29:07| Electronics - Topix.net

A growing number of U.S. companies say they can't cope with Venezuela's sinking bolivar currency, prompting some of them to remove their operations in the South American nation from their consolidated financial reports. In other cases, they have exited the country altogether through a sale or by simply shuttering their businesses there.

Tags: companies economic currency rush

 

DuPont Falls After Proxy Fight; Ralph Lauren Hit By Currency Woes

2015-05-14 09:36:37| Apparel - Topix.net

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Tags: hit falls fight currency

 
 

MasTec falls to loss in Q1 following weather, currency challenges

2015-05-12 03:05:59| Telecom - Topix.net

MasTec The Coral Gables-based construction company fell to a loss in the first quarter because of bad weather and a weaker Canadian dollar, according to preliminary earnings released Monday.

Tags: loss weather falls currency

 

Coca-Cola Icecek posts Q1 loss on currency troubles

2015-05-08 17:02:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola Icecek (CCI) has dipped into the red as currency fluctuations and weak emerging markets hit its bottom line in the first quarter.

Tags: posts loss currency troubles

 

IMF says China 'must free currency'

2015-05-07 09:16:59| BBC News | Business | UK Edition

The IMF says China should continue to provide "greater flexibility" in its exchange rate policy as the country continues to see slower economic growth.

Tags: free china currency imf

 

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