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Dollar Tree Faces Pressure on Profits from Inventory Loss

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  • Post last modified:August 24, 2023

Dollar Tree, the discount retailer (ticker: DLTR), has joined the list of retailers feeling the squeeze on profits due to inventory loss. In its second-quarter earnings report, Dollar Tree revealed…

Anglo-Eastern Plantations Faces Profit Drop

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  • Post last modified:August 24, 2023

Anglo-Eastern Plantations Faces Profit Drop in First Half of Year In the first six months of the year, Anglo-Eastern Plantations saw a decline in pretax profit due to the weaker…

Redcentric Reports Fiscal 2023 Loss as Expenses Double

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  • Post last modified:August 24, 2023

Redcentric, an IT managed-services provider, announced a pretax loss of £12.5 million ($15.9 million) for the fiscal year ended March 31, 2023. This marks a significant swing from the £5.5…

Tougher Rules Ahead for Banks

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  • Post last modified:August 23, 2023

Investors should brace for a challenging period as executives prepare to face the impact of new regulations. These rules, which demand higher capital levels for banks with assets exceeding $100…

The Rise of Artificial Intelligence in Fund Management

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  • Post last modified:August 23, 2023

For years, the idea of artificial intelligence (AI) surpassing human capabilities has been a popular theme in science fiction literature. While AI has proven to be an invaluable tool in…