It's a global economy, so you're going to
see currency effects one way or another through almost any multinational.
Not exact matches
Kodak is just the latest to
see the potential halo
effect of crypto -
currencies after bitcoin soared some 14-fold in 2017.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the
effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not
see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign
currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
But given the international
effects, I don't
see how China is going to withstand yet more demand for its
currency as speculators and other foreigners try to buy yuan - denominated assets.
The move to lock up XRP will mimic the
effect of mining as
seen in other
currencies like bitcoin, with the goal of keeping XRP steadily growing.
«We
saw about $ 60 million of negative
currency effects in 2013, primarily in the back half of the year,» Mr. Allen said on a conference call.
In a detailed post last week (
see post Why
Currency Hedging is Necessary), reader Avon explained how foreign stocks are much riskier when one considers the
effect of exchange rate fluctuations.
I want to be able to
see in reports the
effects of exchange rate flux, e.g. as one
currency is worth less relative to the other, I want to
see my net worth as expressed in the second
currency decline.
A long - term
effect of the Great Depression was the departure of every major
currency from the gold standard, although the initial impetus for this was World War II (
see Bretton Woods Accord).
Even relatively modest buy or sell transactions using digital
currency could
see the
effect of slippage.
«We are
seeing bitcoin's positive network
effect increasing in strength as more people decide they want to try out digital
currencies.