Euro surges against dollar as euro zone manufacturing data surprises
The euro rose to a three-month high against the dollar Monday as a Markit Economics purchasing managers index showed stronger-than-expected growth in the euro region's manufacturing sector. Read more »
Charles River Labs' sales weaken on currency changes
Currency swings negatively impacted the revenue of Charles River Laboratories in the second quarter. Read more »
Dollar slides to 2010 low as growth worries weigh on sentiment
Fears of a slowdown in U.S. economic growth were all but confirmed Friday when government data showed that the economy grew 2.4 percent in the second quarter. Read more »
Aon reports higher revenue and expenses as a result of currency changes
Exchange-rate swings helped boost the second-quarter revenue of reinsurance company and consultancy Aon - but they also led to higher costs. Read more »
Corning enjoys strong second quarter, but reports negative currency impact
Glass-products manufacturer Corning performed well in the second quarter, but its results may have been even better had it managed its exchange-rate risk exposure more thoroughly. Read more »
GrafTech enjoys sharp upswing in sales, but is dinged by currency effects
Graphite-products company GrafTech International Ltd. may be a small company, but it's no less exposed to exchange-rate fluctuations than much larger conglomerates. Read more »
Avon enjoys revenue growth, but spends more as a result of currency changes
Beauty-products company Avon enjoyed 8 percent higher sales in the second quarter of 2010 than in the same period last year - but its results illustrate the dangers of doing business in foreign markets without proper exchange-rate risk management strategy. Read more »
Kellogg takes a hit from currency changes
Cereal and food-products manufacturer Kellogg, Inc. appears exposed to exchange-rate risk. Read more »
Revlon reports unfavorable currency swings
Cosmetics manufacturer Revlon sells into markets around the world, but its international brand positioning sets it up for exchange-rate risk exposure. Read more »
Colgate reports record quarter, but currency troubles plague its Latin American operations
Colgate-Palmolive Co., the manufacturer of toothpaste and other personal-care products, had record profitability in the second quarter, due largely to strong sales in foreign markets. Yet its foreign presence exposes it to exchange-rate fluctuations - and that's exactly what happened during the quarter. Read more »
