Coca-Cola told analysts that currency exchange rates sliced its operating income by 7 percent and its net revenue by 5 percent in the quarter. McDonald's said exchange rates reduced its per-share earnings by 8 cents to $1.43 per share. Both companies expect the drag to continue in this quarter, which ends Dec. 31.Some traders see foreign-exchange adjustments as yet another way for companies to game their numbers or explain away weak performance.
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