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A shopper at a Dollar General storeDaniel Acker | Bloomberg | Getty ImagesDollar General's core customers are reining in their spending amid a worse than expected macroeconomic backdrop, leading the discounter to slash its full year outlook after a dismal earnings report Thursday. Shares of Dollar General plunged nearly 20% in morning trading after the retailer missed estimates on the top and bottom lines. Here's how Dollar General did in its first fiscal quarter compared with what Wall Street was anticipating, based on a…

Dollar General shareholders passed a resolution Wednesday to create an independent audit into worker safety, as the retailer faces mounting pressure to improve conditions. The proposal, brought by Domini Impact Investments, asked Dollar General's board to commission an independent, third-party audit that would examine the company's policies and practices and how they affect the safety and well being of workers. It recommended the audit include an evaluation of practices that contribute to an unsafe or violent environment,…

Nigeria’s dollar bonds accelerated on Monday, a day after newly inaugurated President Bola Tinubu vowed to harmonise the country’s multiple interest rates. Mr Tinubu promises to take key monetary policy decisions in order to draw investors and end fuel subsidies which have eroded the government’s revenues for years. Eurobonds, which have 2047 as their maturity, had risen 3.9 per cent to 67.1 cents on the dollar as of 12:30 p.m. in London, according to Bloomberg. Those due in 2049 added 3.4 per cent, while debts…

The Federal Reserve’s interest-rate increases affect Europe’s economy as much as—or even more than—they do the U.S. The Federal Reserve’s interest-rate increases affect Europe’s economy as much as—or even more than—they do the U.S. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

As cryptocurrency continues to reshape global finance, Litecoin and Tradecurve are emerging as significant players. With Litecoin’s price sitting at close to $100, and Tradecurve promising to redefine the financial market, a significant disruption is on the horizon. >>BUY TCRV TOKENS NOW<< A Closer Look at Litecoin (LTC) Litecoin is based on the Bitcoin protocol but with a few differences. These include hashing algorithms, hard cap, block transaction times, among others. Litecoin’s block time stands at just…

Shrink and a sales shift to lower-margin consumables pressured profits at Dollar Tree. Shrink and a sales shift to lower-margin consumables pressured profits at Dollar Tree. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not…

Shares of Dollar Tree plunged about 14% Thursday after the company fell short of Wall Street's earnings expectations for the most recent quarter and slashed its profit outlook for the full year.Here's how the discounter did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:Earnings per share: $1.47, adjusted, vs. $1.52 expected Revenue: $7.32 billion vs. $7.28 billion expected The company's reported net income for the three-month period that ended April…

Published By: Paras YadavLast Updated: May 17, 2023, 10:51 ISTAutomaker Kia will build a new electric vehicle (EV) plant in northern Mexico, a Mexican governor said on Tuesday.While he did not elaborate on the details, like what models will be manufactured in a new plant, the governor uploaded a photo of Kia’s EV9 SUV. He originally said an estimated investment could reach around $1 billion but later deleted the part from the post.“More good news! Nuevo Leon consolidates as the ELECTROMOBILITY HUB: KIA once again bets on…

Dollar General and Dollar Tree storesGetty ImagesTwo activist investment firms are calling on Dollar General and Dollar Tree shareholders to approve a pair of resolutions aiming to improve worker safety and wages, the firms said Tuesday. Dollar General Proposal 7, led by Domini Impact Investments, calls for an independent audit into worker safety and wellbeing. It will be voted on during the company's annual shareholder meeting on May 31. Dollar Tree Proposal 7, led by United Church Funds, calls for the creation of a…

Looking at Google's Pixel Fold and wishing that Apple would make its own iPhone bend in the middle? That isn't going to happen any time soon it seems, but Google is making it extremely tempting to jump ship and get that Pixel Fold instead of waiting.Trading in your old iPhone for a brand-new Pixel Fold could be the way to go if you're keen to see what all the fuss is about, it seems. Google is offering some big trade-in values if you're carrying around a flagship iPhone — and it's paying so much that even the Pixel…