Morgan Stanley Says Dollar Surge Tends to End in Crisis

yahoo.com The US dollar's recent rally is creating an "untenable situation" for risk assets. Morgan Stanley’s chief US equity strategist Michael Wilson wrote in a note. Wilson sees an “eventual low” for the benchmark S&P 500...

FedEx needs to deliver on cost-cut plan as investor patience wanes -analysts say

reuters.com FedEx Corp's new chief executive must show he can play catch up on costs without further eroding service, Wall Street analysts said on Friday, after the global delivery company laid out plans to slash up to $2.7...

FedEx Announces Largest General Rate Increase In Its History

zerohedge.com FedEx Announces Largest General Rate Increase In Its History By Mark Solomon of FreightWaves FedEx Corp. announced late Thursday a 6.9% general rate increase (GRI) for 2023, the largest year-over-year...

FedEx needs to deliver on cost-cut plan as investor patience wanes -analysts

investing.com By Kannaki Deka - FedEx Corp (NYSE:FDX)'s new chief executive needs to show he can deliver on the promise of implementing aggressive cost cuts, Wall Street analysts said on Friday, after the company laid out plans...

FedEx needs to deliver on cost-cut plan as investor patience wanes -analysts

reuters.com FedEx Corp's new chief executive needs to show he can deliver on the promise of implementing aggressive cost cuts, Wall Street analysts said on Friday, after the company laid out plans to slash up to $2.7 billion in...

Wall Street ends down for third day as growth concerns weigh on tech

reuters.com Major Wall Street indexes ended lower on Thursday, falling for a third straight session. Investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth stocks, including...

Boeing to pay $200 million to settle U.S. charges it misled investors about 737 MAX

investing.com By David Shepardson WASHINGTON -Boeing Co will pay $200 million to settle civil charges by the U.S. Securities and Exchange Commission that it misled investors about its 737 MAX, which was grounded for 20 months...

Wall Street ends down for third day as growth concerns weigh on tech

reuters.com Major Wall Street indexes ended lower on Thursday, falling for a third straight session. Investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth stocks, including...

3 Dividend Hikes of Interest Today

investing.com By Davit Kirakosyan Graphic Packaging increased its quarterly dividend by 33.3% to $0.10 per share (or $0.4 annualized), payable on January 5, 2023, to stockholders of record on December 15, 2022. American Tower...

Costco Reports Q4 EPS Beat, Shares Down 2%

investing.com By Davit Kirakosyan Costco shares fell nearly 2% after-hours following the company’s reported Q4 results, with EPS of $4.20 coming in better than the consensus estimate of $4.15. Net sales grew 15.2% year-over-year...

Costco Q4 Results Top Estimates, Led by Growth in U.S., Canada

investing.com By Yasin Ebrahim Investing -- Costco reported Thursday fourth-quarter results that beat on both the top and bottom lines, led by growth in its core domestic markets. Costco Wholesale reported fiscal Q4 earnings of...

Wall Street drops as mounting growth concerns weigh on tech, financials

investing.com By David French - The Nasdaq and S&P 500 closed lower on Thursday, falling for a third straight session as investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth...

FedEx posts over 5% rise in quarterly revenue

investing.com - FedEx Corp (NYSE:FDX)'s first-quarter revenue rose 5.45% to $23.2 billion from a year earlier, it said on Thursday, sending the company's shares up about 1.2%. FedEx said it expects cost savings between $2.2...

FedEx posts over 5% rise in quarterly revenue

reuters.com FedEx Corp's first-quarter revenue rose 5.45% to $23.2 billion from a year earlier, it said on Thursday, sending the company's shares up about 1.2%.

Analysis-FedEx investors frustrated with new CEO after withdrawn forecast

investing.com By Lisa Baertlein LOS ANGELES - FedEx Corp (NYSE:FDX) dented investor confidence in the new chief executive's vision to deliver a long-awaited turnaround at the shipping company, sending its shares into a freefall...