Greif, Inc. Reports Second Quarter 2010 Results
- Net sales were 6.6 million in the second quarter of 2010 compared to 7.9 million in the second quarter of 2009. The 29 percent increase was due to higher sales volumes (33 percent or 22 percent excluding acquisitions) and foreign currency translation (5 percent), partially offset by lower selling prices (9 percent) due to the pass-through of lower input costs. read more
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Euro’s Eroding Value May Drag On Earnings Of U.S. Companies
The upcoming earnings season should shed light on the painful impact the euro’s 15% drop this year vs. the dollar is having on U.S. companies, especially those that garner much of their sales in Europe.
Read more on Investor’s Business Daily, Inc. via Yahoo! Finance

Latin American Markets: Cemex shares fall in Mexico after new EBITDA view
Mexico’s main equity index slips Thursday, weighed in part by a decline in Cemex SA after the cement giant cuts one of its earnings estimates because of declines in the peso and the euro.
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