| After doubling in the fourth quarter, the negative impact of swings in foreign-exchange rates on corporate earnings is likely to worsen in the three months ending March 31. That’s the outlook of FiREapps, a Scottsdale, Arizona-based company that advises businesses on reducing the impact of currency volatility.
For the 846 North American companies monitored by FiREapps during the final three months of 2014, the average negative currency impact was 6 cents per share, more than double the average of 2 to 3 cents for the prior two years...............................................Full Article: Source
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