Sentences with phrase «currency decline in»

The company reported 5 % constant currency revenue growth, which was admittedly a little bit weaker than we had expected, but was more than offset by a 13 % constant currency decline in overhead expense.

Not exact matches

Net sales declined 6 % in constant currency to $ 1.83 billion, while net profit dropped to 51 cents per share from 63 cents the prior year.

Companies in these segments still were standing and history showed they did well when the value of the currency declined.

(In 2014, Nike's global sales grew more than 10 % and Under Armour's grew nearly 30 % while Adidas's grew only 2 % on a currency - neutral basis, and declined when measured in U.S. dollarsIn 2014, Nike's global sales grew more than 10 % and Under Armour's grew nearly 30 % while Adidas's grew only 2 % on a currency - neutral basis, and declined when measured in U.S. dollarsin U.S. dollars.)

The U.S. dollar rose to a two - week high against a basket of currencies on Friday on rising U.S. yields, while sterling extended a decline in the wake of dovish comments from the head of the Bank of England.

Malaysia's shares and currency have been hit with a toxic brew of declines in the prices of its commodity exports, especially palm oil and crude oil, as well as what may be the country's worst - ever political scandal, which has spurred protests calling for the removal of the prime minister from power.

America Movil attributed a decline in sales to the peso's appreciation against other currencies.

Carlsberg's first - quarter sales fell 5 percent, weighed by a negative currency impact and lower volumes in the key Russian market where its market share continued to decline, the Danish brewer said on Tuesday.

Despite a decline in fiat currency reserves, China's holdings of gold have increased to $ 60.19 billion in December as compared to $ 59.52 billion in November.

Revenues for Converse were $ 483 million, down 8 percent on a currency - neutral basis, as international and digital growth were more than offset by declines in North America.

China's surprise decision to revalue the yuan as it tried to contain the stock market turmoil caused the currency to drop the most in 21 years last month, triggering exchange - rate declines elsewhere in the emerging world on concern that a weaker yuan will hurt countries exporting to China.

The decline in net revenues compared with the third quarter of 2010 reflected significantly lower results in credit products, mortgages and, to a lesser extent, currencies.

That is because a decline in the dollar would raise the value of the income earned on our foreign direct investment and foreign - currency denominated assets, relative to the income that foreigners earned on their dollar - denominated investments in the United States.

In this period, the dollar's trade - weighted exchange value declined 5.8 percent, as measured by the Federal Reserve's major currencies index.

The company's fixed income, commodities and currencies trading sales rose 12 percent during the quarter, which is a dramatic improvement from the 46 percent revenue decline in its fourth - quarter.

Some analysts said the sharp swings in offshore exchange rates and borrowing costs appeared to be engineered by the Chinese leadership, as a way to ease depreciation pressure on the renminbi and to discourage speculation — namely short - sellers, investors who bet on declines in the currency, often by using borrowed funds.

Over the past year, bank reserves have actually declined by about $ 1 billion, while currency in circulation has increased by about $ 33 billion.

As noted last week, even with aggressive Fed easing, the entire increase in the monetary base over the last year has been drawn off as currency in circulation, while bank reserves (as well as commercial and industrial loans) have declined.

In a report published in October, the Treasury Department declined to label South Korea a currency manipulator, but placed it on a «monitoring list» for its currency practices and large trade surplus with the United StateIn a report published in October, the Treasury Department declined to label South Korea a currency manipulator, but placed it on a «monitoring list» for its currency practices and large trade surplus with the United Statein October, the Treasury Department declined to label South Korea a currency manipulator, but placed it on a «monitoring list» for its currency practices and large trade surplus with the United States.

You make the classic argument that the benefits of a booming tradable sector such as oil and gas must, ipso facto, outweigh the decline in other sectors — otherwise they wouldn't be generating enough demand to result in an increase in the country's currency.

Excerpt below: The dollar fell some 10 % against a basket of currencies last year, the first annual decline in five years.

Within his first week in office, he lifted capital controls that had prevented companies from repatriating dividends and devalued the peso, ending years of a gradual - decline policy that kept the currency overvalued as inflation soared.

Even with a weaker currency and a partial reversal in recent oil price declines, these issues will moderate any increase in long - term interest rates in Canada.

XRP is holding up above the prior declining trend channel, and we still expect the currency to move towards the $ 0.30 level in the coming weeks, and investors could still add to their positions.

This net foreign currency asset position before hedging has increased from 7 per cent of GDP from the end of March 2009, driven by a decline in the value of foreign currency denominated liabilities.

Entire populations within currency zones can literally nuke themselves to the verge of oblivion, and yet a portfolio that is maximally diversified in the investments of that territory, will never experience a nominal decline, since the return of such a portfolio is a function of aggregate revenues, which by definition is on a fixed growth path.

The deflation proponents believe that creditors will not accept being repaid with worthless money and that they will force interest rates higher, which in turn will force a rise in the currency and thus cause prices to decline.

The complementary currency itself has declined in importance over the period while levels of overall consumption of goods and services have increased (although it is unclear whether the recent digitisation is to change this) A detailed study

A stronger U.S. dollar versus the euro and other currencies in Europe, the Middle East and Africa helped business travel per diems decline in the region in 2015, despite healthy demand.

The currency's value declined sharply over the summer after nearly 120,000 bitcoins were compromised in a high - profile security breach at Hong Kong - based broker Bitfinex.»

The complementary currency itself has declined in importance over the period while levels of overall consumption of goods and services have increased (although it is unclear whether the recent digitisation is to change this) A detailed study18 of the usage and circulation of the Palma found that around half of its usage was accounted for by just 6 economic actors in addition to the Banco Palmas itself: four local stores selling basic consumer items, the neighbourhood petrol station, and a party and décor shop.

Many international markets had strong double - digit gains in US Dollars as well, helped by a 10 % decline in the currency over the year.

For developed economies, in other words, significantly higher capital inflows from abroad would either cause savings to decline as the inflows strengthen their currencies and reduce exports — causing either unemployment or consumption to rise — or, if their central banks act to sterilize the inflows, to increase imports by increasing consumer debt.

Furthermore, Germany's central bank, the Bundesbank, reported this week that imbalances in Europe's so - called Target2 settlement system, in which euro - zone central banks and the ECB transfer money across the common currency union, have declined.

The currency, the world's worst performer against the euro in the past month with a 4.2 percent decline, reached a record - low 324.24 on Jan. 5.

Sales of $ 2.180 billion were comparable to the prior year as a 1 - point benefit from the acquisition of Pacific Foods and a 1 - point favorable impact of currency translation were offset by a 2 - percent decline in organic sales driven primarily by lower volumes.

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry (R) World (TM); risks related to the collection, storage, transmission, use and disclosure of confidential and personal information;

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.

Trading resumed in late June at around $ 17, and the currency's value has been steadily declining ever since.

They consider a range of arguments for owning gold, such as: (1) gold hedges inflation; (2) gold hedges currency decline; (3) gold is attractive when other assets are not; (4) gold is a safe haven in times of crisis; (5) gold is a de facto world currency; and, (6) central banks and investors in aggregate are still underweighting gold.

We expect a further gradual decline in China's currency against the U.S. dollar in 2017, but a large devaluation is not our base case.

Tom Taylor, head of Amazon payments, told Re / code in an interview that the company has mulled over the idea of accepting the digital currency as a form of payment, but it has declined to implement.

Conversely, the Iveco segment performed better than we anticipated, as revenue declined less than our forecasts (and gained 9 % in constant currency) while margins expanded.

Overall revenue declined 9 %, or 15 % in constant currencies, to $ 5.14 billion due to refranchising initiatives; however, that easily beat estimates at $ 4.97 billion.

Though the US dollar has remained the strongest fiat currency in a pool of rapidly devaluing fiat currencies over the past two years, if one calculates the declining purchasing power of the US dollar in the past couple of decades when using real rates of inflation inside the US (versus the bogus rates produced by federal entities), then one can easily reach the conclusion that the US dollar has crashed as well.

CNH Industrial's fiscal first - half revenue decline of 22 % -LRB--11 % in constant currency) was larger than we estimated, as revenues dropped across segments.

-LRB-...) Executives have warned that lackluster markets could lead to year - over-year declines in fixed - income, commodities and currency trading revenue when banks begin reporting fourth - quarter results next week.

James Hunt, portfolio manager of the Tocqueville International Value Fund (TIVFX), answers questions about the fund, the state of various international markets, currency depreciation and the decline in oil prices.

Such a hypothesis, in our opinion, does much to explain the incongruity of a declining gold price while fundamentals for paper currency, and the US dollar in particular, obviously deteriorate; while demand for physical gold has exceeded new mine supply for several years running; and while above - ground 400 - ounce.999 gold bars located in London, New York, and other financial capitals (in cohabitation with speculative trading activity in paper markets) have steadily dwindled and disappeared into Asian financial centers reformulated as.9999 kilo bars.

In contrast to the strength in volumes, the value of total imports declined by around 5 per cent over the year to the December quarter, as the currency appreciation has lowered Australian dollar import priceIn contrast to the strength in volumes, the value of total imports declined by around 5 per cent over the year to the December quarter, as the currency appreciation has lowered Australian dollar import pricein volumes, the value of total imports declined by around 5 per cent over the year to the December quarter, as the currency appreciation has lowered Australian dollar import prices.