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Stocks

“Vanguard Has Upped Its Bet on AMC Stock by 23% Since the End of Q1”

“Shares of AMC Entertainment (NYSE:AMC) stock are in the spotlight following a Schedule 13G update from Vanguard. As of the end of the first quarter, Vanguard owned 24.80 million shares of AMC stock. The investment services company revealed in a filing that it now owns 30.51 million… Continue Reading…

Business

“SingTel Q1 profit slumps 23% on unfavourable currency move, high costs”

“Singapore Telecommunications reported on Monday a 23% decline in first-quarter net profit, citing the one-off impact at Bharti Airtel in Nigeria as the naira depreciated sharply against the U.S. dollar, as well as high costs. Singapore Telecommunications (SingTel), Southeast Asia’s… Continue Reading…

Business

“Honda posts 78% rise in Q1 profit on U.S. sales jump”

“Japan’s Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by increased sales, especially in the North American market, and a weaker yen… Like other automakers, Honda said it benefited from strong sales to retail customers in… Continue Reading…

Business

“Netflix lays off ‘Tudum’ writers following disastrous Q1 earnings”

“The belt tightening appears to have started at Netflix: A number of journalists working for the company’s entertainment site Tudum have been laid off, according to tweets by those affected. A Netflix spokesperson told Protocol Thursday that there were no plans to… Continue Reading…

Economy

“US manufacturing flat in March, capping weak Q1”

“American manufacturing was flat in March, which was good news after sharp declines in the prior two months that combined for a dismal first quarter, the Federal Reserve reported Tuesday. That weak performance has contributed to fears about a slowing… Continue Reading…