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Added on the 18/06/2015 00:40:11 - Copyright : Reuters EN
A slew of multinational firms have posted disappointing results and outlooks because of the strong dollar. Bobbi Rebell reports.
Sales dropped at Coca Cola on weak demand for its soft drinks in Europe, and a strong dollar that hurt revenue in other global markets. Bobbi Rebell reports.
The world's largest package delivery company grew its quarterly profit despite a decline in revenue. It sees holiday shipments rising 10 percent. Fred Katayama reports.
Johnson & Johnson reporting quarterly sales well below Wall Street estimates, hurt by the stronger dollar and disappointing demand for some of its drugs.
Oracle revenues came in lighter than forecasts. Stocks closed mostly lower ahead of the Fed's Wednesday statement on monetary policy. Bobbi Rebell reports.