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Competitive Devaluation

Bank of Spain Says Growth Accelerated in Second Quarter
www.bloomberg.com

“Its internal devaluation has made it competitive on costs.” A survey of factory purchasing managers due on Aug. 1 will signal whether the momentum in growth is holding out. The data will follow INE's preliminary inflation report for July. Spanish …

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Turkcell Iletisim Hizmetleri AS: Second Quarter 2014 Results
online.wsj.com

Further, we observed the continued impact of last year's minimum on-net voice and SMS price decision, as well as MTR and SMS maximum price cuts on overall market growth and competitive dynamics. As Turkcell Turkey, we remained focused on …

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BASF SE's (BASFY) CEO Hans-Ulrich Engel on Q2 2014 Results – Earnings Call …
seekingalpha.com

Forward-looking statements may include in particular statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. BASF has based these forward …

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IMS Health Reports Second-Quarter 2014 Results
online.wsj.com

The quarter also included a $49 million charge relating to a devaluation of IMS Health's Venezuelan Bolivar assets and liabilities, as well as $27 million of restructuring and related charges. … Matters subject to forward-looking statements involve …

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Unilever Flags Further Emerging-Market Slowdown
online.wsj.com

"We just have to be competitive and that's the most important thing." Unilever said there had been a negative currency impact of €413 million on operating profit during the first half. Like other consumer-products companies, Unilever has suffered from …

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World Bank Asks Ethiopia To Devalue Its Currency To Boost Exports
afkinsider.com

The World Bank has asked Ethiopia to consider devaluing its local currency in order to boost its exports, which are mostly unprocessed products that need to stay competitive on price, arguing that such a move will lead to higher economic growth for the …

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Xoom's (XOOM) CEO John Kunze on Q2 2014 Results – Earnings Call Transcript …
seekingalpha.com

Our ability to generate low transaction losses through our industry-leading risk management system is the significant competitive advantage for Xoom, and we are able to balance this with low customer friction to provide our customers with a great user …

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Baidu brings its search engine to Brazil
www.proactiveinvestors.co.uk

Who is the most competitive of EM all? Thanks to a subscriber for … India was not the only country to experience currency devaluation last year but the Rupee's was among the most aggressive; giving up 30% of its value between May and August. It has …

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The Coca-Cola Company Reports Second Quarter and Year-to-Date 2014 Results
online.wsj.com

Brazil's volume was even as strong activation around the FIFA World CupTM and improved execution of key entry-level packages and refillable multi-serve packages was offset by aggressive competitive activity and a deteriorating macroeconomic …

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