Uncategorized Wall St closes up, regains ground as US inflation report nears The Cheap InvestorAugust 7, 2023August 7, 20230 By David French (Reuters) – U.S. stocks finished higher on Monday, regaining some of the ground lost last week, as…
Uncategorized Profits for Brazil’s Itau Unibanco up 14%, beat expectations The Cheap InvestorAugust 7, 2023August 7, 20230 By Peter Frontini SAO PAULO (Reuters) -Brazilian lender Itau Unibanco reported a 14% increase in second-quarter net profit from a…
Uncategorized West African leaders to meet on Niger after junta defies deadline The Cheap InvestorAugust 7, 2023August 7, 20230 By Abdel-Kader Mazou and Boureima Balima NIAMEY (Reuters) -West African leaders scheduled a summit for Thursday to discuss the Niger…
Uncategorized EV firm Proterra files for Chapter 11 bankruptcy protection The Cheap InvestorAugust 7, 2023August 7, 20230 (Reuters) -Electric-vehicle parts supplier Proterra filed for Chapter 11 bankruptcy protection on Monday, making it the latest company to go…
Uncategorized Paramount to sell Simon & Schuster to KKR for $1.62 billion The Cheap InvestorAugust 7, 2023August 7, 20230 By Samrhitha A and Dawn Chmielewski (Reuters) -Paramount Global said it would sell Simon & Schuster to private-equity firm KKR…
Uncategorized More big corporate settlements coming, says departing U.S. Justice Dept official The Cheap InvestorAugust 7, 2023August 7, 20230 By Sarah N. Lynch WASHINGTON (Reuters) – As Kenneth Polite steps down this month as the head of the U.S….
Uncategorized Airlines seek extension to cuts in minimum flight requirements at New York-area airports The Cheap InvestorAugust 7, 2023August 7, 20230 By David Shepardson WASHINGTON (Reuters) -Major U.S. airlines on Monday asked the Federal Aviation Administration to extend cuts to minimum…
Uncategorized Palantir raises revenue target on AI boost, announces share buyback The Cheap InvestorAugust 7, 2023August 7, 20230 By Chavi Mehta (Reuters) -Palantir Technologies slightly raised its annual revenue forecast on Monday and said it would buy back…
Uncategorized Beyond Meat cuts annual revenue forecast as faux meat demand dips The Cheap InvestorAugust 7, 2023August 7, 20230 By Ananya Mariam Rajesh (Reuters) -Beyond Meat cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand…
Uncategorized Oil prices drop 1% on fears of weaker demand The Cheap InvestorAugust 7, 2023August 7, 20230 By Erwin Seba HOUSTON (Reuters) -Oil prices settled down 1% on Monday, after six straight weekly gains, as investors braced…