Dr. Rick C. Ernst
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Competitive Devaluation

Cutera, Inc. (CUTR): Cutera Management Discusses Q2 2013 Results – Earnings …
seekingalpha.com

Some components of our business have gross margins less than this, such as our significant service business and distributed products, while achieving this target requires products with very competitive cost structures or highly differentiated products …

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China: After The Credit Crisis Comes The Economic Crisis
www.forbes.com

In addition to being of better quality, Japanese goods are now getting price competitive with Chinese goods. … Now, just the hint that a devaluation was being planned would cause a massive outflow of foreign capital from China and deepen the credit …

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Bharti Airtel spurts on expansion in Q1 OPM
www.business-standard.com

Derivative and exchange fluctuation losses during the quarter were Rs 534 crore, mainly caused by the rupee depreciation, compared with derivatives and exchange fluctuation gains of Rs 160 crore in Q1 June 2012. Tax outgo surged 113.21% to Rs 968 crore …

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DirecTV Q2: Strong LatAm subs growth
advanced-television.com

Also impacting churn in Brazil were more challenging economic and competitive conditions, as well as the effect of a higher mix of middle market subscribers. The decline in ARPU to $51.13 was mainly as a result of the devaluation in Venezuela and …

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Can the Stock Market Get Any Better Than This? Korean Black Swan?
www.marketoracle.co.uk

And this could happen while the attention of South Korea is focused on dealing with the devaluation of the yen and the need to become progressively more competitive to maintain its export and business model. There is also the possibility of massive …

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Investing in Japan – an emperor with new clothes?
www.nbr.co.nz

The US Treasury commented in a Congress report that Japan must “refrain from competitive devaluation and targeting its exchange rate for competitive purposes”. The South Korean finance minister said the yen is “flashing a red light” for Korean exports.

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New Market Study, "Greece Shipping Report Q3 2013", Has Been Published
www.sbwire.com

The combined impact of fiscal severity and internal devaluation is hammering domestic demand, the main driver of economic activity. Consumer spending remains down by 8-9% on a year-on-year (y-o-y) basis, and unemployment is touching 27%. … trade …

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REGAL-BELOIT CORPORATION (RBC): Regal Beloit Management Discusses …
seekingalpha.com

Our second quarter cost of goods sold included $3.6 million of higher inventory costs resulting from the Venezuelan currency devaluation. …. However, we know that this move is absolutely necessary given our global competitive markets. With that, I'll …

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MAULDIN: The Stock Market Is Astoundingly Expensive And We Could Have A…
www.businessinsider.com

And this could happen while the attention of South Korea is focused on dealing with the devaluation of the yen and the need to become progressively more competitive to maintain its export and business model. There is also the possibility of massive …

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