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Weak Dollar Is 'Welcome Change' for McDonald's, PPG Profits

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WHAT CHANGE?
"McDonald’s Corp., United Technologies Corp. and PPG Industries Inc. are among the companies whose earnings may get a boost in the fourth quarter from a weak dollar because of foreign operations and exports," according to Bloomberg. "U.S. firms are benefiting when they convert revenue from Europe with the euro touching $1.50 this month and having climbed 16 percent from a year ago as of yesterday."
SOURCE:   Bloomberg

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