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…