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Archive for the 'Foreign Exchange Rates' Category

A look at how Heinz, Smucker did in the quarter (AP)

Here’s a look at how foodmakers H.J.

Heinz Reports 5.8% Organic Sales Growth, and a 22.5% Increase in EPS to $0.87 in Second Quarter (Business Wire)

PITTSBURGH—-H. J. Heinz Company today announced strong second-quarter earnings of $0.87 per share, a 22.5% increase from a year ago, reflecting higher sales and the benefit of the Companyâ??s strategic decision to hedge translation exposures on key currency exchange rates for the quarter and for the remainder of the Fiscal Year.

Exchange rate and competition worries hit St. Jude (AP)

Shares of St. Jude Medical Inc

Interactive Data to Acquire Majority Interest in NTT Data Financial Corporation (Business Wire)

BEDFORD, Mass.—-Interactive Data Corporation , a leading provider of financial market data, analytics and related services, today announced its intention to acquire the majority of NTT DATA Financial Corporation from NTT DATA Corporation for 1.9 billion yen in cash.

Down Under Currencies Decline in FX Trading

Currency trading with the kiwi and the Aussie In currency trading, the kiwi and the Aussie are having trouble right now. The down under currencies are declining in FX trading as risk aversion remains, and as the global economy continues its descent into recession. Both the kiwi and the Aussie are commodity currencies, and they rely on equities and raw materials prices to support them in forex trading.

Birks & Mayors Reports Second Quarter Fiscal 2009 Results (Business Wire)

MONTREAL—-Birks & Mayors Inc. , which operates 70 luxury jewelry stores across Canada, Florida and Georgia, reported results for the thirteen and twenty-six week periods ended September 27, 2008.

The TJX Companies, Inc. Reports Third Quarter FY09 Results; Updates Fourth Quarter and Full Year Outlook (Business Wire)

FRAMINGHAM, Mass.—-The TJX Companies, Inc. , the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced sales and earnings results for the third quarter ended October 25, 2008.

Costco October same-store sales fall 1 percent (AP)

Warehouse chain Costco Wholesale Corp. said Thursday that its same-store sales dipped 1 percent in October, hurt by unfavorable foreign exchange rates.

HBIO Reports Third Quarter 2008 Results (Business Wire)

HOLLISTON, Mass.—-Harvard Bioscience, Inc. , a global developer, manufacturer, and marketer of a broad range of tools to advance life science research, today reported unaudited financial highlights for the three and nine months ended September 30, 2008.

RR Donnelley Reports Third-Quarter 2008 Results (Business Wire)

CHICAGO—-Highlights: Third-quarter 2008 GAAP net earnings from continuing operations of $168.2 million or $0.80 per diluted share vs. net earnings from continuing operations of $175.0 million or $0.80 per diluted share in 2007 Third-quarter 2008 non-GAAP net earnings from continuing operations of $183.2 million or $0.87 per diluted share, an increase of 7.4% over the $0.81 in non-GAAP earnings per diluted share in the third quarter of 2007 Repurchased 10 million shares of common stock year-to-date through today Additional share repurchases have been authorized, bringing the total available authorization back to 10 million shares