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Thailand Flooding Leaks into the New Year
Supply chains, earnings, and insurance policies are all affected by the natural disaster. Companies are just now getting a handle on the financial impact.
January 26, 2012
The disastrous floods in Thailand continue to affect companies' supply chains and their ability to fill customers' demands, and it will affect their financial performance in other ways as well.
This week, half a year after the floods began, companies in the technology sector revealed that the impact has been bigger than first expected and is affecting their earnings. The lasting effects could take months more to figure out, as some companies are still seeing supply-chain disruption and will continue to experience higher costs for some components of their products. And many companies, even outside the tech sector, may be affected the next time they renew insurance lines. Read more...
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