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Tag: dollar
Strong dollar eats into J&J quarterly sales
2015-10-13 14:41:51| Food - Topix.net
Johnson & Johnson reported a 7.4 percent fall in quarterly sales as the impact of a strong dollar more than offset higher sales of its older drugs such as Invega line of products for schizophrenia and ADHD treatment Concerta. Alex Gorsky, CEO of Johnson & Johnson, listens as he is introduced to speak at the Boston College Chief Executives Club of Boston luncheon in Boston, Massachusetts September 11, 2015.
Tags: sales
strong
dollar
quarterly
Global Markets-Commodity surge lifts world equities; dollar falls
2015-10-10 04:28:34| IT Services - Topix.net
Stocks on major world markets posted their biggest weekly advance since 2011 on Friday, as greater investor appetite for riskier assets propelled gains in equities and a surge in commodities and crude oil prices. Declines in the dollar, a bullish oil forecast as well as miner Glencore's pledge Friday to slash world zinc output have lifted beaten-down commodities.
Tags: world
global
falls
dollar
Oil prices rise on Thursday on weaker dollar
2015-10-08 01:00:00| Offshore Technology
Oil prices have increased due to a weaker dollar, despite a large buildup of inventories.
Tags: prices
thursday
oil
rise
US apparel and footwear outlook dips on stronger dollar
2015-10-06 14:15:00| Daily apparel & textile news and comment - from just-style.com
The outlook for the US apparel and footwear industry has dropped to stable from positive, according to a new forecast, as sales and earnings take a hit from the strong dollar.
Tags: apparel
dollar
outlook
stronger
Outlook for U.S. apparel and footwear industry is weaker as dollar strength dents earnings: Moody's
2015-10-05 16:59:12| Apparel - Topix.net
The outlook for the U.S. apparel and footwear industry has deteriorated thanks to the strong dollar, which is denting earnings and sales, Moody's Investors Service said Monday. "While the hedges taken this year will partially protect margins, the strong US dollar will continue to have negative foreign currency translation effects on the industry's gross profits for the rest of this year," Scott Tuhy, a Moody's senior credit officer said in a statement.
Tags: industry
apparel
strength
dollar
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