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40. American companies do business in Venezuela. With the recent collapse of the economy, 64 companies on the S&P 500 have informed investors through regulatory
40. American companies do business in Venezuela. With the recent collapse of the economy, 64 companies on the S&P 500 have "informed investors through regulatory filings this year about write-offs or exposure stemming from the nation's tight grip on imports and exchange rates." If companies leave the country and move all of their assets out, this will put pressure on the bolivar to:
- appreciate.
- stay constant.
- depreciate.
Blame it on the Bolivar So me companies have mentionec. Venezuela over 1.000 times in their 100 filings so far in 2015. PepsiCo Kellogg Mordelez Sealed Air Cora Mead Johnson Nutrition Ca Clorax Coca Cola 4M Level 5 Communications Newell Brands Kimberly Clark llalliburton 204 700 200 Source: 900 kes, CNDC analysis Abgott labs Colgate Palmolive Ecolan 493 339 452 439 118 573 573 658 615 1,285 mentions 1.095 $92 CNBC
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