World currency turbulence hits company earnings

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World currency turbulence hits company earnings (via AFP)

Emerging markets have helped rake in a corporate earnings bonanza in recent years, but a sudden plunge in their currencies in mid-2013 due to an expected cut in US stimulus has sorely hit sales and profit. Quarterly results at companies from Coca-Cola…


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These article are syndicated from AFP via Repost.US and is posted here with permission. Copyright 2013 AFP. All Rights Reserved

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