Currency hit to North American companies’ results rises to $10.8 billion

The negative impact of currency fluctuations on North American companies’ first-quarter results rose from the preceding quarter but was well below its year-ago level, according to data from treasury and financial management firm Kyriba on Tuesday. The collective exchange rate impact, including on companies in the United States, Canada and Mexico, was $10.77 billion, compared […]

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A trading tool that’s transforming the $10 trillion-plus corporate bond market

Expectations of a borrowing deluge from corporates globally are turning bond market attention to a little-known tool that’s already helping smooth trading of illiquid debt the way exchange-traded funds (ETFs) did years ago. The innovation, known as portfolio trading, involves bundling several bonds into a single package to trade. Once unwieldy and time-consuming, tech innovation […]

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