Forbes contributors publish independent expert analyses and insights. I cover globalization and international economic policy. Robert Lighthizer, a former U.S. trade negotiator and a potential ...
CEO Alexander Gendis says the 70% naira devaluation made the company ‘cheaper’ for African buyers, driving record export growth.
Puma is leaving its dividend unchanged after the devaluation of the Argentine peso weighed on profitability in the fourth quarter. The German apparel group said Tuesday that it would propose a ...
When currencies decline, the market often misjudges winners and losers. Types of companies that will benefit or hurt from currency devaluations. Thoughts on Mexico and specific companies that will do ...
ABUJA, Feb 8 (Reuters) - Nigerian state-oil company NNPC said on Thursday it has no plans to raise petrol prices after a second devaluation of the local naira currency in less than a year, following ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
No-moat Puma issued preliminary 2023 fourth-quarter results and initial 2024 guidance below our forecast, sending its shares down 10% on Jan. 24. The fourth-quarter results were negatively affected by ...
We modestly lift our fair value estimates for Brickworks to AUD 31 (from AUD 30.50) and for Washington H. Soul Pattinson, or Soul Patts, to AUD 33 (AUD 32) after first-half fiscal 2024 results. Our ...