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Dollar Drag: Surging Buck Hits US Corporate Earnings

2015-02-20 10:36:31| Beverages - Topix.net

The biggest obstacle for Coca-Cola and Pepsi these days isn't tied to taste tests, the declining popularity of sugary drinks or even their century-long rivalry. It's the surging U.S. dollar.

Tags: corporate hits dollar earnings

 

Braskem backs out of multi-billion dollar Comperj project in Brazil

2015-02-18 00:29:40| Chemicals - Topix.net

Braskem SA is backing away from a planned multi-billion dollar investment in Brazil's largest petrochemical expansion site, the Petrochemical Complex of Rio de Janeiro Don't worry, it's painless. A click of the mouse, a few key taps, and you'll continue to enjoy free access to our website, plus other exclusive benefits, by joining the Plastics News Digital Community .

Tags: project brazil dollar backs

 
 

Strong Dollar To Weigh On Wolverine's '15 EPS, Sales

2015-02-17 19:50:46| Footwear - Topix.net

"Given the global nature of the company's operations, the significantly stronger U.S. dollar versus the Canadian dollar, euro and British pound is expected to have a meaningful negative impact on reported fiscal 2015 results," the company said. For fiscal '15, Wolverine sees adjusted earnings in the range of $1.53 to $1.60 a share, which is lower than the $1.62 earned in fiscal '14.

Tags: sales strong dollar eps

 

Velveeta revives as young and poor shop dollar stores for groceries

2015-02-13 02:01:50| Agriculture - Topix.net

Anielle Troyan, a call center worker in New York, shops at discount retailers such as Family Dollar for items like soap and detergent as well as groceries like Kraft macaroni and cheese and small-sized condiments. Price tags and a stack of Kraft Foods Inc. "Velveeta Slices" and "Singles" can be seen in a supermarket in New York April 29, 2008.

Tags: for shop stores young

 

Cognizant, Family Dollar enter into agreement

2015-02-12 09:59:15| IT Services - Topix.net

Cognizant Technology Solutions Corp., an information technology outsourcing firm in Teaneck, said Wednesday it entered into a three-year agreement with discount retailer Family Dollar. Financial terms were not disclosed.

Tags: family enter agreement dollar

 

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