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The Dollar Is Starting To Hurt Multinationals, And The Market's Response To The Fed Was Ominous

2015-01-30 11:36:22| Jewelry - Topix.net

We have said repeatedly these past few months that outlier strength in the mighty US dollar could be a bull market killer. Now everyone from Microsoft to Dupont to Procter & Gamble to Tiffany's has cited the strong USD in their weakened profit outlooks.

Tags: to the was starting

 

P&G fiscal 2Q earnings drop 31 pct, hurt by exchange rates

2015-01-27 19:48:16| Biotech - Topix.net

Procter & Gamble's second-quarter earnings sank 31 percent as the strong U.S. dollar cut into the performance of the world's largest consumer products maker. The Cincinnati company, which sells products ranging from Tide detergent to Crest toothpaste, said Tuesday that exchange rates will remain a challenge well into fiscal 2015, especially in the second half of its year.

Tags: rates exchange drop fiscal

 
 

Siemens Hurt by Weak European Economy

2015-01-27 13:39:16| Industrial Machines - Topix.net

Siemens AG has stuck to a forecast for improved earnings in its current fiscal year despite a near 25% fall in first-quarter net profit, held back by Europe's sluggish economy and lower oil prices.

Tags: european economy siemens hurt

 

Could Samsung Be Setting Up To Hurt Micron?

2015-01-26 18:26:02| Semiconductors - Topix.net

Last week sources claimed Samsung was replacing Qualcomm's Snapdragon chip inside the Galaxy S5 for the Exynos which is made in-house. As Samsung grows its semiconductor business, I expect it to seek more market share in DRAM and NAND, hurting Micron.

Tags: setting samsung hurt micron

 

Could Samsung Be Setting Up To Hurt Micron?

2015-01-26 18:16:06| Electronics - Topix.net

Last week sources claimed Samsung was replacing Qualcomm's Snapdragon chip inside the Galaxy S5 for the Exynos which is made in-house. As Samsung grows its semiconductor business, I expect it to seek more market share in DRAM and NAND, hurting Micron.

Tags: setting samsung hurt micron

 

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