Uncategorized Apple and Samsung to invest in SoftBank’s Arm at IPO -Nikkei The Cheap InvestorAugust 8, 2023August 8, 20230 TOKYO (Reuters) -Apple and Samsung Electronics will invest in SoftBank Group-owned chip designer Arm at its initial public offering (IPO),…
Uncategorized Romanian court releases influencer Andrew Tate from house arrest pending trial The Cheap InvestorAugust 8, 2023August 8, 20230 (This Aug 4 story has been refiled to add the dropped word ‘alleged’ in paragraph 6) BUCHAREST (Reuters) – A…
Uncategorized German airport operator Fraport nudges up outlook, sees huge 2024 China boost The Cheap InvestorAugust 8, 2023August 8, 20230 By Anna Mackenzie (Reuters) – Frankfurt Airport operator Fraport on Tuesday said its 2023 core profit would hit the upper…
Uncategorized Top Lazard restructuring banker Kurtz to join Hilco The Cheap InvestorAugust 8, 2023August 8, 20230 By Mike Spector NEW YORK (Reuters) -David Kurtz, Lazard’s global head of restructuring, has agreed to join Hilco Global, the…
Uncategorized Some global investors skip Ant’s buyback after valuation slumps 70% – Bloomberg News The Cheap InvestorAugust 8, 2023August 8, 20230 (Reuters) -A number of global investors are opting out of Ant Group’s proposed share buyback after the Chinese fintech’s valuation…
Uncategorized Exclusive-Snapchat under scrutiny from UK watchdog over underage users -sources The Cheap InvestorAugust 8, 2023August 8, 20230 By Martin Coulter LONDON (Reuters) -Britain’s data regulator is gathering information on Snapchat to establish whether the U.S. instant messaging…
Uncategorized Fed may be at point to ‘hold rates steady,’ Harker says The Cheap InvestorAugust 8, 2023August 8, 20230 By Dan Burns (Reuters) -Barring any abrupt change in the direction of recent economic data, the U.S. Federal Reserve may…
Uncategorized Under Armour posts surprise profit on easing cost pressures The Cheap InvestorAugust 8, 2023August 8, 20230 By Granth Vanaik and Juveria Tabassum (Reuters) -Under Armour posted a surprise first-quarter profit and beat sales expectations on Tuesday,…
Uncategorized Walmart buys out $1.4 billion Tiger Global stake in India’s Flipkart – WSJ The Cheap InvestorAugust 8, 2023August 8, 20230 (Reuters) -Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s investment in its Indian e-commerce firm Flipkart…
Uncategorized AMC sees ‘explosive start’ to third quarter on ‘Barbenheimer’ frenzy The Cheap InvestorAugust 8, 2023August 8, 20230 (Reuters) -AMC Entertainment Holdings said on Tuesday the current quarter was off to a strong start, driven by box-office hits…