Dr. Rick C. Ernst
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Competitive Devaluation

Sealed Air Reports Third Quarter 2013 Results
online.wsj.com

… ratings; the success of restructuring plans; currency translation and devaluation effects, including Venezuela; the competitive environment; the effects of animal and food-related health issues; environmental matters; and regulatory actions and …

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The euro is soaring. That's bad.
www.washingtonpost.com

The rise in the euro against the dollar since the summer makes German or French exporters 8 percent less competitive than they had been against U.S.-based competitors. They are already groaning under tougher competition from Japan; … But because they …

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Clear policy choices are needed, not conflicting plans
www.bdlive.co.za

By contrast with this, the NDP suggests that, while exchange-rate devaluations have induced growth spurts in some countries, this can happen only when labour and product markets are sufficiently competitive to allow firms to respond rapidly to changed …

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Corporate growth lost in scramble for better yields
www.theaustralian.com.au

"Devaluation reduces competitive pressure and what we may well see in Japan is that investors will lose more on the currency in the long term than they ever gain on the sharemarket." On the outlook for China, he said Citi "had never been super bullish …

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Vehicle Demand Lifts GM Profit And Stock
www.forbes.com

Special items — including a Venezuela currency devaluation of $162 million, goodwill impairment charges of $48 million and other charges –knocked overall Q3 earnings to 45 cents per share, and net income down 53% from a year earlier to $700 million …

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Cummins Inc. (CMI): Cummins' CEO Discusses Q3 2013 Results – Earnings Call …
seekingalpha.com

We continue to launch leading new products in the major markets around the world and help our customers and partners achieve competitive advantage. At the same time we … International sales decreased by 4% as a result of continued weakness in global …

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Categorizing Biology Investments And 2 Niche Market Stock Picks [Bioamber Inc]
seekingalpha.com

This results in substantial devaluation and selling of the associated stock. Valuation is way more tricky for clinical life science companies, and can only be calculated with big assumptions about a … Unlike clinical life science companies, investors …

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The Goodyear Tire & Rubber Company (GT): The Goodyear Tire & Rubber …
seekingalpha.com

While the dividend is an important symbol, we remain focused on the actions we need to take to both improve the balance sheet and keep our business competitive over the long term. Our capital allocation plan takes each of these into account, taking us …

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Avon Earnings Preview: Focus Shifts From Cost Savings Program To …
www.trefis.com

The devaluation of the Venezuelan bolivar by 32% also impacted net income margins negatively in H1 FY13, with one-time increases of $34 million in other expenses and $17 million in income taxes from a write-down in monetary and tax assets. … By …

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