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The strong dollar could take a bite out of earnings and analysts may not have factored it in
The surging dollar may have dented the international profits of multinational corporations and shaved a few percent off of S & P 500 earnings gains. Some high profile firms have now described success are becoming strike by the mounting dollar. Microsoft warned in an announcement in early June that its fiscal fourth quarter revenues and earnings would be impacted by overseas exchange. The software big will report these earnings July 26. This week, both equally IBM and Johnson and Johnson reported the sturdy greenback was biting into their gains. IBM earnings conquer expectations this week, but it lowered its steering for absolutely free cash move from $10 billion for all…
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Bite Me Bakery bakes for humans and dogs at Glorieta home business | Business
Kandie Kingery comes residence from work and the cookies go in the oven. And then bagels. And then scones. Perhaps not in that buy. Kingery also bakes churros, cinnamon rolls, doughnuts, sea foam and pretzels. Baked doggy bone treats are coming shortly. “The churros offer out real brief,” Kingery claimed 1 late afternoon while tending to a tray of freshly baked bagels. Kingery released Chunk Me Bakery in January as a Glorieta house-based mostly small business with on line ordering and a Saturday pop-up location in front of the shut-down Adelo’s store in Pecos. “If you want churros, you gotta be waiting around for me [for her 9 a.m. Saturday…