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Tag: strong
Oil falls below $55 on strong US dollar
2015-03-23 01:00:00| Offshore Technology
The price of Brent crude oil has fallen below $55 a barrel due to the strength of the US dollar (USD), as well as news that Saudi Arabia would only consider output cuts if other producers outside OPEC reduce it.
Nike Posts Strong Quarter; Ups Digital Ad Spending
2015-03-20 22:47:43| Apparel - Topix.net
Fed by especially strong demand in North America, Nike posted stronger-than-expected results for its fiscal third quarter, and increased spending on digital brand marketing and sports marketing. The Beaverton, Ore.-based company says revenues for Nike Inc. climbed 7% for the period to $7.5 billion, a 13% jump on a currency-neutral basis.
Tags: posts
digital
strong
ups
Tiffany & Co. Stumbles on Rough Comp Sales, Hurt by Strong Dollar
2015-03-20 22:41:46| Jewelry - Topix.net
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Tags: sales
strong
dollar
hurt
Tiffany loses some of its sparkle, thanks to strong U.S. dollar
2015-03-20 17:32:11| Jewelry - Topix.net
Tiffany & Co. said Friday that it raked in $1.3 billion in sales of diamond rings, gold necklaces and other baubles in its most recent quarter, and yet its haul would've worth been millions more if it weren't for an economic surprise that has lately been a drag on many U.S. businesses: The strength of the dollar.
Asian shares dip on strong US dollar
2015-03-20 05:17:58| BBC News | Business | UK Edition
Asian stocks are mostly lower after the US dollar recoups most of its losses following the Federal Reserve meeting on Wednesday.
Tags: strong
dollar
asian
shares
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