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UBS Group Fro Q2 Expect A Low-To-Mid Single-Digit Decline In Net Interest Income In Global Wealth Management; Mid-To-High Single-Digit Decrease In Net Interest Income In Personal & Corporate Banking

OutlookAlthough monetary easing is expected in the Eurozone, the US and Switzerland, the timing and magnitude of rate cuts by central banks are unclear, as inflation remains above their target range. In addition, the

UBS

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Why Food Processing Firm TreeHouse Foods Shares Are Diving Today

TreeHouse Foods faces a dip in shares following revenue drop and a missed EPS estimate. Q1 FY24 sales hit $820.70 million, exceeding expectations despite the decline. The decrease stems from planned exits in coffee and bakery segments, and a facility restart, contributing to a 440 basis points Y/Y contraction in gross margin.

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