Entries Categorized as 'ibm earnings'

Dollar Hits New Record Low, Which is Good for Earnings

Date April 17, 2008

The dollar’s impact on US corporate earnings continue! Last night, IBM blew away Wall Street when it reported that its 2008 profit will top its previous projections. Interestingly enough more than half of their 11 percent revenue was due to currency fluctuations!

The dollar matters.
The companies that will do the best this [...]