Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
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Competitive Devaluation

Investing against the grain
www.ft.com

How stable is the eurozone? This is a question investment managers have to keep asking themselves. Memories of the euro crisis of 2011 have not entirely faded from savers' minds. Recently we have seen further doubts about banks in differing parts of …

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Third Point Takes Stakes In DSM, YPF, Fibra Uno
www.valuewalk.com

Finally, Argentina after the January sell-off in Argentine equities and bonds driven by much-needed currency devaluation, we re-entered our long position in select government credit securities and initiated a stake in Argentina's main oil company, YPF …

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Investment Analysts' Ratings Reiterations for July, 17th (ABT, AHL, ALV, BBRY …
www.mideasttime.com

Declining smartphone sales, stiff competition from handset manufacturers, escalating marketing expenses and operating platform will continue to act as headwinds for the company. However, a healthy balance sheet, an extensive patent portfolio …

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PSA Peugeot Citroën Returns to Sales Growth With Worldwide Unit Sales Up 5.5 …
online.wsj.com

In Brazil, Group sales decreased by 22.1% in a contracting, highly competitive market. In Argentina, Group sales were down 33.8% as the market felt the effects of the peso's devaluation, a new tax on "luxury" models and sharp restrictions on imports …

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TeliaSonera's (TLSNF) CEO Johan Dennelind On Q2 2014 Results – Earnings …
seekingalpha.com

And the EBITDA margins are now close to 60%, which is and I remind you an unusual situation with two-player market where we expect competition to increase over the coming quarters. Couple of words also …. And then, and the cost is increasing slightly …

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Dong appreciates despite devaluation by State Bank
english.vietnamnet.vn

Escalating tension in the East Sea forced Vietnamese export companies to seek new export markets, and the dong devaluation would help make Vietnamese products more competitive in the world market. A banker said the central bank had its reasons to …

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Ukraine Food & Drink Report Q3 2014 – New Market Report
www.clickpress.com

Recession in 2014 will be driven by the devaluation of the hryvnia and major trade disruption due to the elevated risk of a military escalation with Russia. Soaring inflation, substantially tighter … and forecasts for the mass grocery retail sector …

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Manufacturers might get state aid
jamaica-gleaner.com

IMF head Christine Lagarde, during a recent visit to Jamaica, said the devaluation would make Jamaica more competitive, but Shaw has said consumers and groups such as manufacturers are suffering. Phillips said the central bank is now more than capable …

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Time to slow the rate of depreciation – Byles
jamaica-gleaner.com

"One of the reasons for the foreign exchange rate depreciation is to stay competitive with the US dollar. So if they are experiencing inflation that is much lower than ours, then we have to devalue to keep the competitiveness," Byles explained. Noting …

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