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April 28, 2022

DBS Q1 Profit Falls 10% In Weak Markets, Revenue Slips 3%
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  • Reuters

DBS Q1 Profit Falls 10% In Weak Markets, Revenue Slips 3%

The Cheap InvestorApril 28, 20220

SINGAPORE (Reuters) – DBS Group Holdings reported a 10% decline in quarterly profit after net income at Southeast Asia’s largest…

  • AP
  • Headlines

Big US energy transmission projects inch closer to approval

The Cheap InvestorApril 28, 2022April 28, 20220

ALBUQUERQUE, N.M. (AP) — The federal government has finished another environmental review of a proposed transmission line that will carry…

Amazon Results And Outlook Fall Short As Warehouse, Fuel Costs Soar
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Amazon Results And Outlook Fall Short As Warehouse, Fuel Costs Soar

The Cheap InvestorApril 28, 20220

By Jeffrey Dastin and Tiyashi Datta (Reuters) -Amazon.com Inc delivered a disappointing quarter and outlook on Thursday as the e-commerce…

  • AP
  • Headlines

Amazon reports rare quarterly loss as online shopping slows

The Cheap InvestorApril 28, 2022April 29, 20220

NEW YORK (AP) — Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a…

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  • Headlines

California subpoenas ExxonMobil in probe of plastics waste

The Cheap InvestorApril 28, 2022April 29, 20220

SACRAMENTO, Calif. (AP) — California’s attorney general on Thursday subpoenaed ExxonMobil as part of what he called a first-of-its-kind broader…

  • AP
  • Headlines

Robinhood’s revenue fell more than expected at year’s start

The Cheap InvestorApril 28, 2022April 29, 20220

NEW YORK (AP) — Growth slammed into reverse at the start of this year for Robinhood Markets, whose trading app…

Robinhood Shares Fall After Company Posts Decline In Revenue
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  • Reuters

Robinhood Shares Fall After Company Posts Decline In Revenue

The Cheap InvestorApril 28, 20220

(Reuters) – Robinhood Markets Inc, the brokerage at the center of last year’s retail trading frenzy, posted a 43% fall…

Elliott Calls For Suncor Strategic Review, Board Changes
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  • Reuters

Elliott Calls For Suncor Strategic Review, Board Changes

The Cheap InvestorApril 28, 20220

By Svea Herbst-Bayliss (Reuters) -Activist investment firm Elliott Management is pushing Canada’s Suncor Energy Inc to add new board directors,…

Caterpillar Sees China Excavator Demand Falling Below Pre-pandemic Levels
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  • Reuters

Caterpillar Sees China Excavator Demand Falling Below Pre-pandemic Levels

The Cheap InvestorApril 28, 20220

By Abhijith Ganapavaram and Aishwarya Nair (Reuters) – Caterpillar Inc on Thursday warned that demand for excavators in China, one…

Russian Tycoon Tinkov Sells Stake In TCS Group To Billionaire Potanin
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  • Reuters

Russian Tycoon Tinkov Sells Stake In TCS Group To Billionaire Potanin

The Cheap InvestorApril 28, 20220

LONDON (Reuters) – Russian businessman Oleg Tinkov, who last week criticized Russia’s war in Ukraine, has sold his 35% stake…

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