News tagged with exchange rate

Johnson & Johnson tops 4Q earnings expectations

The strong dollar and stiff competition for some products squeezed Johnson & Johnson in the fourth quarter and it missed Wall Street expectations for revenue, triggering a rare sell-off of its shares.

dateJan 20, 2015 in Business
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SAP profits up 23 percent as cloud computing grows

Business management software company SAP AG says net profit rose 23 percent in the third quarter as its cloud computing business grew rapidly and the company kept down costs by holding down hiring of new employees.

dateOct 21, 2013 in Business
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HP CEO pleads patience as earnings fall 44 pct

(AP) -- Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's ...

dateFeb 22, 2012 in Business
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Iran cell phone firms deny blocking text messages

(AP) -- Iran's mobile phone companies have denied blocking text messages with the words dollar and currency after the Iranian rial rapidly weakened on the announcement of new U.S. sanctions against Iran.

dateJan 10, 2012 in Telecom
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Stock markets can regulate themselves

Whenever crisis threatens the financial markets, voices are loud in calling for greater control. It is dubious, however, whether tighter regulation would actually offer investors better protection against losing their capital. ...

dateAug 17, 2011 in Economics & Business
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