Glick Report: Earnings and US Dollar

April 17, 2008

As you know, I am on Fox Business all week. Yesterday Alexis and I talked about the US dollar and it’s impact on earnings. Here’s her post:

If you get a chance to watch my show The Opening Bell at 9AM on Fox Business, you’ll see that I have a new guest host each week in a position we call “In Our Corner”. This week, Kathy Lien from DailyFX.com is in our corner. And she is one smart cookie.

On Monday, she pointed out what percentage of Johnson & Johnson earnings were due to currency conversions (i.e. the weak dollar). I asked her this morning to take a look at the companies who have big international operations or who have benefited from a weak dollar because they are exporting more goods and whose earnings have consequently been positively impacted by the U.S dollar. Here’s a piece she sent me earlier:

Read the rest on the Glick Report

Posted in media