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Tag: dollar
Crude oil prices dip on Tuesday due to stronger US dollar
2015-05-26 01:00:00| Offshore Technology
Crude oil prices have fallen following an anticipated increase of US shale output and stronger dollar.
Q1 in brief: Guess?, Dollar General, G-III Apparel
2015-05-22 12:02:00| Daily apparel & textile news and comment - from just-style.com
The first quarter revealed that retail revenues compared to expectations fared far worse than earnings expectations amongst apparel retailers, according to Ken Perkins of Retail Metrics. Guess? revealed results that beat expections, and Dollar General said it made "solid progress" implementing key initiatives. Tilly's had a good start to the year, while Pacific Sunwear said some of its key categories underperformed.
Tags: general
apparel
guess
dollar
Q1 in brief: Lands' End, Guess?, Dollar General
2015-05-22 12:02:00| Daily apparel & textile news and comment - from just-style.com
The first quarter revealed that retail revenues compared to expectations fared far worse than earnings expectations amongst apparel retailers, according to Ken Perkins of Retail Metrics. Guess? revealed results that beat expections, and Dollar General said it made "solid progress" implementing key initiatives. Tilly's had a good start to the year, while Pacific Sunwear said some of its key categories underperformed.
Tags: end
general
guess
dollar
Oil prices edge down amidst strengthening dollar and supply glut concerns
2015-05-15 01:00:00| Offshore Technology
Oil prices edged down amidst strengthening dollar prices and continued oversupply concerns in the crude market.
Vimpelcom Q1 revenues fall 30% on stronger dollar
2015-05-13 08:47:00| Telecompaper Headlines
(Telecompaper) Vimpelcom reported a sharp fall in first-quarter results, hurt by the stronger dollar. Revenues fell 30 percent to USD 3.515 billion, and EBITDA dropped 33 percent to USD 1.396 billion. On an organic basis, excluding the currency impact, service revenue fell 2 percent, with Russia stable, Italy down 5 percent, Algeria falling 11 percent, Pakistan down 4 percent, Ukraine up 5 percent and Bangladesh growing 10 percent. Net profit improved to USD 184 million from USD 38 million a year ago. Vimpelcom reduced capital expenditure by 44 percent to USD 407 million, and operating cash flow was down 27 percent to USD 989 million. The company's net debt ratio was stable at 2.4 times EBITDA. Vimpelcom said the results were in line with expectations with most of businesses performing in line with or better than their local markets. The stronger fall in EBITDA was mainly a result of the delayed launch of 3G services in Algeria and continued market weakness in Italy. This was partly offset by service revenue growth in Bangladesh and Ukraine. The mobile customer base grew 2 percent year-on-year to 218.1 million at the end of March. Vimpelcom maintained its full-year outlook and the new CEO Jean-Yves Charlier said he will update the market on the group's strategy at the next quarterly report in August.
Tags: fall
dollar
stronger
revenues
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