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Tag: venezuelas
Running Out of Other People's Money: Venezuela's Economy...
2015-06-21 21:54:40| Chemicals - Topix.net
U.S. company PBF is buying the Chalmette oil refinery, a "joint venture" between Exxon Mobil and Petroleos de Venezuela SA , Venezuela's state-owned oil company. The sale appears to be, at least in part, an attempt by Venezuela to round up some cash quickly, after the country spent large amounts of its reserves in recent months.
Tags: money
running
economy
peoples
Running Out of Other People's Money: Venezuela's Economy...
2015-06-21 20:33:51| Oil & Gas - Topix.net
U.S. company PBF is buying the Chalmette oil refinery, a "joint venture" between Exxon Mobil and Petroleos de Venezuela SA , Venezuela's state-owned oil company. The sale appears to be, at least in part, an attempt by Venezuela to round up some cash quickly, after the country spent large amounts of its reserves in recent months.
Tags: money
running
economy
peoples
Kimberly-Clark: Beware Of Venezuela's Situation
2015-06-17 13:29:22| Paper - Topix.net
Kimberly-Clark Corp. manufactures and markets products made from synthetic and natural fibers using fibers, absorbency and nonwoven technologies. It is a large, slow growth, value stock.
Tags: situation
beware
venezuelas
kimberlyclark
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
Venezuela's currency devaluation set to further hurt U.S. companies' profits
2015-02-14 08:17:36| Paper - Topix.net
A massive effective devaluation of Venezuela's bolivar currency will likely badly dent 2015 earnings at a swath of major U.S. companies. The decision, announced late on Thursday, would almost wipe out the $7.1 billion of Venezuelan monetary assets currently held on the books of 10 large American companies.
Tags: set
companies
currency
hurt