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Competitive Devaluation

Cabot Corp Reports Third Quarter Adjusted EPS of $0.88 and Diluted EPS of $0.78
www.marketwatch.com

Net income also includes a per share charge of $0.09 from certain items, principally reflecting charges associated with restructuring actions and the impact of a foreign exchange devaluation. Adjusted EPS for the third quarter of fiscal 2014 was $0.88 …

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Herbalife Plans Expansion of Manufacturing Capabilities in China
online.wsj.com

… the competitive nature of our business; — regulatory matters governing our products, including potential governmental or regulatory actions concerning the safety or efficacy of our products and network marketing program, including the direct …

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The Clorox Company's (CLX) CEO Donald Knauss on Q2 2014 Results …
seekingalpha.com

Looking ahead for the overall Cleaning segment we continue to expect heightened competitive pressures, which we are aggressively responding to with increased investments to drive brand and category growth. In our Household segment, …. As we mentioned …

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Looking Beyond Ford's Short-Term Weakness
www.gurufocus.com

The stock was performing well on the stock market, but has dipped slightly of late. The company's profit has been hurt by higher warranty costs and losses due to currency devaluation in South America. Ford's earnings also declined as compared to last year.

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Newell Rubbermaid Announces Strong Second Quarter Results
online.wsj.com

Second quarter 2014 normalized operating income excludes restructuring and restructuring-related costs of $22.0 million, $4.0 million of charges associated with the first turn of Venezuela inventory after the first quarter 2014 devaluation and $0.4 …

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Kellogg's (K) CEO John Bryant on Q2 2014 Results – Earnings Call Transcript (K)
seekingalpha.com

Our outlook still excludes any potential impact from a devaluation of the Venezuelan bolivar. If we were to recognize the devaluation to the SICAD 1 rate now, it could impact earnings by between $0.07 and $0.09 per share for 2014. The annualized impact …

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Clorox Misses on Q4 Earnings, Retains Fiscal 2015 Guidance – Analyst Blog
www.nasdaq.com

The Clorox Company ( CLX ) came up with lower-than-expected financial results for fourth-quarter and fiscal 2014 on account of unfavorable exchange rates in many markets, sluggish product categories and increased competitive activities faced throughout …

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Vicat : First-Half 2014 Results
online.wsj.com

Nearly all regions contributed to this performance, particularly Egypt which saw a return to growth, India which saw significant progress despite continued competitive pressures and the USA which is once again generating positive operating profits …

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Kazakhs Ramp Up FX Interventions as Russia Spillover Seen
www.bloomberg.com

It cut the value of the tenge six months ago to keep the economy competitive after Russia allowed the ruble to weaken. “The rush of the Kazakh population over a possible tenge devaluation was provoked by publications in some media, where authors tried …

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