All things being equal, a 10pc devaluation of the country's RER could lead to annual growth of five percent in its exports, suggests the report. Nonetheless, in the presence of macroeconomic trade-offs, the government has to weigh in other factors in …
Adjusted operating income reflects currency headwinds of $2 million in the first quarter related to the devaluation of yen denominated revenues. Now, let me remind you how currency and hedges impact our results. We place foreign … The VCC and …
Due to the highly competitive nature of the pay television industry in the US, and the fact that it is excessively saturated, DirecTV's growth is relatively stable in that region, even though it only managed to grow its subscriber base by 12,000 in the …
One of the most common 'justifications' for currency devaluation is that it makes local exporters more competitive. The problem, as explained in previous TSI commentaries, is that it can only benefit exporters at the EXPENSE of consumers and importers.
I mean, I — we forecast in the Q, like other people, we expect another devaluation. We go through those, and the team there has been very adept at then getting behind that and raising local prices in the bolivar. So that ….. I was just wondering …
DEPRECIATION, AMORTIZATION, and OTHER expense totaled $47 million in the 2014 second quarter compared to $33 million in the year-ago quarter. … $235 million revenue, net of direct expenses Depreciation and Approx. … could affect forward-looking …
Second quarter 2013 Electrical segment gross profit included $1.0 million of restructuring expenses as well as $3.6 million higher inventory costs due to the Venezuelan currency devaluation, partially offset by a LIFO benefit of $2.1 million resulting …
This currency war took the form of competitive devaluations by the four leading convertible currencies in the world – the dollar, the Euro, the Pound sterling and the Japanese yen. Quantitative Easing (QE) was the name of the game given by the world's …
In the second quarter 2014, the company generated net income of $51 million and $0.21 basic and diluted net income per share, which included a $0.14 loss for the devaluation of the Venezuelan Bolivar, and $0.02 of tw telecom transaction-related fees …