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Reuters

Stocks Rise, U.S. Yields Slip As Markets Await Fed Rate Hike
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  • Reuters

Stocks Rise, U.S. Yields Slip As Markets Await Fed Rate Hike

The Cheap InvestorMay 3, 20220

By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) – A gauge of global equity markets rose slightly on Tuesday…

Paramount Misses Quarterly Revenue Estimate, But Streaming Grows
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Paramount Misses Quarterly Revenue Estimate, But Streaming Grows

The Cheap InvestorMay 3, 20220

By Eva Mathews and Helen Coster (Reuters) -Paramount Global reported forecast-missing quarterly revenue on Tuesday that sent its shares down…

Biogen CEO To Step Down; Drugmaker Pulls Back On Alzheimer's Drug Aduhelm
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Biogen CEO To Step Down; Drugmaker Pulls Back On Alzheimer’s Drug Aduhelm

The Cheap InvestorMay 3, 20220

By Mrinalika Roy and Leroy Leo (Reuters) – Biogen Inc said on Tuesday that Chief Executive Michel Vounatsos will step…

Pfizer Keeps COVID Sales Forecast Unchanged As Pandemic Curbs Ease
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Pfizer Keeps COVID Sales Forecast Unchanged As Pandemic Curbs Ease

The Cheap InvestorMay 3, 20220

By Manas Mishra and Michael Erman (Reuters) – Pfizer Inc maintained sales forecasts for its COVID products on Tuesday after…

Oil Slips On China Demand Worries, While EU Weighs Russia Oil Ban
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Oil Slips On China Demand Worries, While EU Weighs Russia Oil Ban

The Cheap InvestorMay 3, 20220

By Alex Lawler LONDON (Reuters) -Oil slipped by more than 1% on Tuesday as concerns about demand due to China’s…

Ex-Tesla Engineer Aims To Build Next-generation Battery Materials In U.S.
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Ex-Tesla Engineer Aims To Build Next-generation Battery Materials In U.S.

The Cheap InvestorMay 3, 20220

By Hyunjoo Jin SAN FRANCISCO (Reuters) – A battery startup founded by a former Tesla engineer announced on Tuesday plans…

Paramount Misses Quarterly Revenue Estimates On Weak TV Ad Sales
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Paramount Misses Quarterly Revenue Estimates On Weak TV Ad Sales

The Cheap InvestorMay 3, 20220

By Eva Mathews and Helen Coster (Reuters) – Paramount Global said on Tuesday it added more than 6 million streaming…

Snarled-up Ports Point To Worsening Global Supply Chain Woes - Report
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Snarled-up Ports Point To Worsening Global Supply Chain Woes – Report

The Cheap InvestorMay 3, 20220

By Marc Jones LONDON (Reuters) – Global supply chain problems look to set to worsen, a new report published on…

Marathon Petroleum Posts Profit On Robust Refining Margins
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  • Reuters

Marathon Petroleum Posts Profit On Robust Refining Margins

The Cheap InvestorMay 3, 20220

(Reuters) -U.S. refiner Marathon Petroleum posted a first-quarter profit on Tuesday, compared with a loss last year, buoyed by strong…

KKR's First-quarter Earnings Jump 47% On Strong Asset Sales, Fees
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KKR’s First-quarter Earnings Jump 47% On Strong Asset Sales, Fees

The Cheap InvestorMay 3, 20220

(Reuters) – Private equity firm KKR & Co Inc said on Tuesday that its first-quarter distributable earnings rose 47% year-on-year,…

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