LOOSE CHANGE
LOOSE CHANGE
The banks weren’t the only ones that got an early Christmas present this year from Saint FX. A number of major U.S. corporations also benefitted from the dollar’s slide in the third quarter.
Among them, Eastman Kodak Co., which posted a net loss of $206 million in the latest quarter, actually saw sales increase 5.3 percent, due largely to more favorable currency exchange rates.
In addition, Reader’s Digest Association Inc. reported that revenue rose to $524.1 million from $442 in the year earlier
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