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...Including the latest writedown, Dollar Tree has taken $5bn in impairments on Family Dollar over the past five years. Dollar Tree said it was a victim of the macro environment....
...Dollar Tree has more than 16,000 stores in the US and Canada, split almost evenly between the Dollar Tree and Family Dollar brands....
...Dollar Tree reported revenue of $7.3bn in the three months ended October 28, missing analysts' expectations of $7.4bn....
...But Dollar Tree has suffered some hits in the past few years....
...Discount chain Dollar Tree now expects full-year diluted earnings per share of $5.78 to $6.08, compared to its previous forecast of $5.73 to $6.13....
...The senior cleric was accused of unlawfully acquiring a 4,200 sq m garden on land worth millions of dollars next to his seminary in northern Tehran....
...If its insurance business provided more cover and the upcoming season proved tame, Berkshire would reap a multibillion-dollar windfall. The downside?...
...Elon Musk has filed a lawsuit against OpenAI and its chief executive Sam Altman, alleging the ChatGPT maker’s multibillion-dollar alliance with Microsoft has compromised the start-up’s original mission of...
...After taking the keys to the auction house, Drahi then layered on hundreds of millions of dollars more debt by mortgaging off Sotheby’s trophy properties in London and New York....
...One way to see this is that other currencies have weakened against the dollar in a similar way as the yen. The US dollar index is up 3 per cent this year....
...Stablecoins, issued by private firms, are the closest equivalent to digital cash and most track the value of the US dollar one-for-one....
...Despite the recent shift in positioning, some analysts think a fall in the dollar has merely been delayed....
...Institutions, on behalf of retail investors, have turned yen sellers to acquire the underlying dollar assets....
...gave his most direct answer yet on how responsibilities will be doled out among the small executive team that will one day lead the company, handing Abel responsibility for how hundreds of billions of dollars...
...That milestone followed years of steep losses as the company spent billions of dollars fighting ride-hailing rivals....
...Bitcoin ETFs from iShares, Fidelity and Cathie Wood’s Ark Investment Management have taken in the most new cash since their launch, while similar products from Wisdom Tree, Valkyrie and Franklin Templeton...
...In the latest quarter, Dollar General’s same-store sales fell 0.1 per cent, while those at Dollar Tree rose 7 per cent....
...Dollar Tree shares plunged 10.5 per cent in pre-market trading after the discount retailer cut its full-year outlook....
...Ripple said its stablecoin, which will be launched later this year, would be based in the US, pegged 1:1 to the US dollar and fully backed by dollar deposits, short-term Treasuries, and other cash equivalents...
...“I thought the energy business was going to be the place that absorbed a few billion dollars every year and has a consistent and steady return attached to it and it’s protected,” said Darren Pollock, portfolio...
...Amazon, Walgreens, CVS and other big retailers have in recent years elbowed their way into the healthcare industry, spending billions of dollars on acquisitions....
...So if this stuff sees the light of the day, the only thing that’s going to happen, I said it on Bob show today with regard to crypto and Gensler is we’re going to spend years and hundreds of millions of dollars...
...User surveys bear this out: 21 per cent of self-checkout users told Lending Tree that they have mistakenly failed to pay for an item, and 15 per cent admitted stealing deliberately....
...One scoop to start: Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment...
...Buffett later supercharged the investment as he warmed to the technology company, and he spent tens of billions of dollars buying its stock....
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