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Oracle, Microsoft Are Cut as Currency Soars, PC Sales Weaken

2015-03-18 17:23:04| Semiconductors - Topix.net

Stronger currency and weaker PC sales caused cuts to Oracle, Microsoft and Micron Technology, all in Wednesday's Analysts' Actions. Oracle's price target was cut to $48 at Barclays, though an OVERWEIGHT rating was maintained.

Tags: sales microsoft cut currency

 

FedEx Narrows Profit Forecast as Currency Drags on Results

2015-03-18 16:13:20| Trucking - Topix.net

Earnings will be $8.80 to $8.95 a share in the fiscal year ending May 31, the Memphis, Tennessee-based company said in a statement Wednesday. FedEx had reiterated a forecast of $8.50 to $9 a share as recently as Jan. 23, and the average of 26 analysts' estimates surveyed by Bloomberg was $8.98.

Tags: results profit currency forecast

 
 

Baselworld 2015: Smart Watches, 1.9% Growth, Swiss Currency And Mourning An Untimely Death

2015-03-18 14:37:26| Jewelry - Topix.net

I'm a one-time daily newspaper reporter who now writes about high-end jewelry, the finest timepieces, luxury and fashion. It seems remarkable when looking back, but, at the same time, it feels quite normal.

Tags: death growth watches smart

 

Currency headwinds batter Adidas Q4 profit

2015-03-05 14:20:00| Daily apparel & textile news and comment - from just-style.com

Sporting goods giant Adidas recorded a much-reduced fourth-quarter net profit, impacted by currency headwinds, a slump in Russia and a weak golf market.

Tags: profit currency adidas batter

 

Currency Trends in Low-Cost Countries (Monthly Report)

2015-03-03 20:06:39| EmergingTextiles.com

The euro has stayed at a very low level in February, whereas a few emerging currencies were further plunging. Our monthly statistical report displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi.

Tags: report monthly countries trends

 

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