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Citing High Component Costs, Sony's PS5 Will Launch at High Price, Low Unit Volume https://www.fool.com/investing/2020/04/16/citing-high-component-costs-sonys-ps5-will-launch.aspx?source=iedfolrf0000001 Apr 16, 2020 - Memory chips are both expensive and in tight supply, and Sony is putting a lot of them in its next gaming console.
KeyCorp (KEY) Q1 Earnings Beat on Lower Costs, Provisions Up http://www.zacks.com/stock/news/874141/keycorp-key-q1-earnings-beat-on-lower-costs-provisions-up?cid=CS-ZC-FT-analyst_blog|earnings_article-874141 Apr 16, 2020 - Although decline in operating expenses supports KeyCorp's (KEY) Q1 earnings, a drastic increase in credit costs amid coronavirus mayhem hurts.
World Wrestling Cuts Costs & Furloughs Workers Amid Coronavirus http://www.zacks.com/stock/news/874076/world-wrestling-cuts-costs-furloughs-workers-amid-coronavirus?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-874076 Apr 16, 2020 - World Wrestling (WWE) furloughs part of its workforce amid the coronavirus chaos. It has also decided to cut expenses to stay financially strong in such tough times.
U.S. Bancorp (USB) Q1 Earnings Beat Estimates, Costs Rise http://www.zacks.com/stock/news/872132/us-bancorp-usb-q1-earnings-beat-estimates-costs-rise?cid=CS-ZC-FT-analyst_blog|earnings_article-872132 Apr 15, 2020 - U.S. Bancorp's (USB) Q1 results reflect rise in fee income, elevated expenses and higher provisions on account of coronavirus-related woes.
NCS Multistage Holdings: Cost Cutting And Balance Sheet Hold The Key https://seekingalpha.com/article/4337686-ncs-multistage-holdings-cost-cutting-and-balance-sheet-hold-key?source=feed_all_articles Apr 15, 2020 - Upstream customers’ budget tightness and the slump in onshore E&P activity following the energy price crash will reduce sales in the near term.Despite the completion activity slowdown, the demand for
Independence Contract Drilling: Cost Restructuring Infuses Life https://seekingalpha.com/article/4337685-independence-contract-drilling-cost-restructuring-infuses-life?source=feed_all_articles Apr 15, 2020 - The crude oil price crash and the onshore completions activity weakness will keep drillers' margin under pressure in the near term.Despite the pricing pressure, the company plans to keep its drilling
6 Recession-Proof Picks Amid Coronavirus-Led "The Great Lockdown" http://www.zacks.com/stock/news/872034/6-recession-proof-picks-amid-coronavirus-led-the-great-lockdown?cid=CS-ZC-FT-analyst_blog|investment_ideas-872034 Apr 15, 2020 - Coronavirus outbreak-induced global lockdowns are making recession inevitable. Here are six recession-resistant stocks including Netflix (NFLX) to beat COVID-19 induced recession woes.
Zacks.com featured highlights include: Cardinal Health, Kirkland Lake Gold, Leidos, NetEase and Costco Wholesale http://www.zacks.com/stock/news/871953/zackscom-featured-highlights-include-cardinal-health-kirkland-lake-gold-leidos-netease-and-costco-wholesale?cid=CS-ZC-FT-press_releases-871953 Apr 15, 2020 - Zacks.com featured highlights include: Cardinal Health, Kirkland Lake Gold, Leidos, NetEase and Costco Wholesale
China Central Bank Trims Medium-Term Borrowing Cost https://www.rttnews.com/story.aspx?Id=3085889 Apr 15, 2020 - China's central bank reduced its medium-term borrowing cost on Wednesday, in an attempt to mitigate the downturn caused by the coronavirus pandemic. The People's Bank of China on Wednesday said it trimmed the one-year medium-term lending facility rate to 2.95 percent from 3.15 percent. The bank injected CNY 100 billion through the MLF operation.
How ExxonMobil's Cost Cuts Will Affect Its Dividend https://www.fool.com/investing/2020/04/14/how-exxonmobils-cost-cuts-will-affect-its-dividend.aspx?source=iedfolrf0000001 Apr 14, 2020 - The top oil company is making big spending cuts in 2020. Will they be enough to rescue the dividend?

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