BUZZ-Europe's top USD earners off to a good start in 2015

** Wolters Kluwer (Other OTC: WOLTF - news) latest co to see FX benefit as Goldman Sachs (NYSE: GS-PB - news) upgrades stock 2 notches & puts it on its Conviction Buy list

** Stocks Buzz European US$ Earners (SBEDE) index (of which Wolters is a constituent) tracks 10 European companies benefiting from a stronger dollar

** Dollar strength expected to be a big factor in European cos' earnings outlook for the year

** Index screened from 25 cos in Stoxx 600 index with more than 50 pct revenues from US, & further filtered based on value or momentum metrics and with a high correlation to dollar index

** SBEDE index: http://link.reuters.com/jyz73w

** Since mid-October SBEDE has a correlation of 0.94 to the dollar index, versus a correlation of 0.59 to Stoxx 600 Chart: http://link.reuters.com/hab83w

** YTD index is up 2.5 pct, versus a flat Stoxx 600

** Constituents Luxottica, Ahold and Delhaize have all seen upgrades this year on FX grounds (RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)