currency Archives - CFO

Currency Moves Take a Smaller Bite Out of Earnings

Currency Moves Take a Smaller Bite Out of Earnings

Fewer North American companies reported negative foreign exchange impacts for the fourth quarter of 2016.

By Vincent Ryan | April 26, 2017

PlayStation Powers Sony to Slim Q1 Profit

PlayStation Powers Sony to Slim Q1 Profit

The gaming unit accounted for more than 75% of Sony's total profit while the struggling smarthpone business broke even.

By Matthew Heller | July 29, 2016

The Most Serious Emerging-Market Risk

Risk & Compliance

The Most Serious Emerging-Market Risk

Currency volatility is an annoyance, but it's when governments institute capital controls that multinationals really have a problem.

By Vincent Ryan | March 16, 2016

Conquering Foreign Currency Concerns

Corporate Finance

Conquering Foreign Currency Concerns

CFO offers the following stories on foreign currency risks, hidden costs of international payments, foreign market fixed rates, and multinational margins.

By Kerry Maruna | March 8, 2016

Gee, 20: No New Currency Deal, China Devalues Yuan

Risk Management

Gee, 20: No New Currency Deal, China Devalues Yuan

China's move, just two days after saying it would not devalue its currency, is unfortunately business as usual.

By Wolfgang Koester | March 4, 2016

China’s Central Bank Devalues Yuan

Corporate Finance

China’s Central Bank Devalues Yuan

China's foreign-exchange reserves slid $300 billion over the last four quarters.

By Katie Kuehner-Hebert | August 11, 2015

U.S. Firms Still Lagging Behind in RMB Use

U.S. Firms Still Lagging Behind in RMB Use

More global competitors use the Chinese currency to settle cross-border trade, 17%, compared with 10% of U.S.-based firms.

By Matthew Heller | March 24, 2015

Currency Surprises Hammer Earnings

Currency Surprises Hammer Earnings

A strong U.S. dollar and other currency swings are revealing companies' shortcomings in the area of identifying and quantifying foreign-exchange exposures.

By Katie Kuehner-Hebert | March 17, 2015

Bitcoin Technology Powering Other Applications

Bitcoin Technology Powering Other Applications

IBM is considering adopting the 'blockchain' technology to create a digital currency that could be linked to a person's bank account, according to Reuters.

By Katie Kuehner-Hebert | March 13, 2015

Multinationals Hit Hard by Currency Volatility in Q3

Investor Relations

Multinationals Hit Hard by Currency Volatility in Q3

The U.S. dollar rose 7.7% against the euro in the third quarter, widely affecting North American companies.

By Matthew Heller | December 22, 2014

Feeble Yen Could Help and Hurt HP

Feeble Yen Could Help and Hurt HP

While a weaker Japanese currency will lower component costs on some of Hewlett-Packard’s hardware, it will also give the computing giant’s overseas competitors a distinct pricing advantage, says HP’s CFO.

By Vincent Ryan | May 23, 2013

The Hidden Cost of International Payments

The Hidden Cost of International Payments

U.S. businesses have two big misconceptions about international trade: that paying in U.S. dollars is optimal, and that trying to time foreign-currency transactions is a no-no.

By Randy Ingargiola | September 6, 2012

Barrier to Trade in Chinese Currency Falls

Barrier to Trade in Chinese Currency Falls

But U.S. companies are still somewhat ambivalent about transacting in the renminbi.

By Vincent Ryan | June 15, 2012

How Europe’s Volatility Could Reach Corporate Portfolios

Global Business

How Europe’s Volatility Could Reach Corporate Portfolios

U.S. money market funds have invested heavily in short-term European bank debt, says Fitch Ratings.

By Vincent Ryan | June 24, 2011

Much Ado About the Euro

Banking & Capital Markets

Much Ado About the Euro

Today it's Europe's problem -- Tomorrow, it's the world's.

By John Xenakis | April 1, 1998