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While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the ...
Amazon is entering a new phase of margin expansion, driven by core retail rather than just AWS and advertising. Click here to ...
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Swiggy reported a Q1FY26 loss of Rs 1,197 crore despite a 54% YoY revenue rise. The company is reassessing its 12% stake in ...
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Investors are piling into Opendoor, driving up the stock price of this small-cap company with high short interest. Some are ...
3D Investment Partners Issues Open Letter to Sapporo’s Board of Directors Reiterating Concerns Regarding the Company’s Severe Lack of Capital Discipline Amid Repeated Large-Scale M&A Impairments ...
WYOMISSING, Pa.-- (BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today issued the following letter to shareholders. The full text of the letter follows ...
Operating and adjusted operating margins increased to 21.3% and 21.7%, respectively. We remain focused on increasing adjusted operating income and margins as our business scales.