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...Suppliers would invest billions of dollars more, making this one of India’s biggest inward foreign investments....
...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....
...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 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...
...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....
...The highs of late 2021, when Tesla was a trillion-dollar stock rushing to scale up production, feel far away. Free cash flow has turned negative for the first time in four years....
...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....
...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....
...Roe (chief financial officer): We’re not chasing the last dollar. We’re being disciplined, and I think this year is a great testament to that....
...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....
...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...
...Buffett later supercharged the investment as he warmed to the technology company, and he spent tens of billions of dollars buying its stock....
...Two more stocks of interest We have already written about three of our entries in the FT’s 2024 stock picking competition: Everest Group, Cigna and Dollar Tree....
...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...
...But still, 1.2 TRILLION DOLLARS!...
...The fact is, we have invested billions of dollars to keep US data safe and our platform free from outside influence and manipulation,” TikTok said....
...The deal comes as some UK assets have become attractive targets for US companies amid the strengthening of the dollar....
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