and raised its earnings forecast for the full year. FedEx reported adjusted earnings of $3.41 per share, topping analysts' estimates of $2.
73 per share, according to Refinitiv. Meanwhile, the company's revenue fell below expectations. FedEx posted $22.17 billion in revenue, while analysts had estimated $22.74 billion. Shares of
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: Lennar, First Republic, Western Alliance and moreSee which stocks are posting big moves after the bell. Stop ignoring the blatant fraud in our financial markets. Report a real story on the real crimes against retail investors happening NOW! MMTLP $MMTLP
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Credit Suisse, First Republic Bank, Halliburton and moreThese are the stocks posting the largest moves in midday trading. western financiers' favorite food: sXit.....eat on
Source: CNBC - 🏆 12. / 72 Read more »
First Republic leads bank stocks' comeback after SVB-fueled selloffFirst Republic leads a comeback for bank stocks that cratered in the SVB-fueled selloff
Source: BusinessInsider - 🏆 729. / 51 Read more »
U.S. stocks finish sharply higher as First Republic gets rescue from banksU.S. stocks finished sharply higher on Thursday as a group of big banks deposited $30 billion with troubled lender First Republic Bank. The Dow Jones Industrial Average rose 371.98 points, or 1.2%, to 32,246.55: This is a circle jerk. Withdraw your money from smaller banks so that the larger banks getting your deposits from the smaller banks can redeposit in the smaller banks
Source: MarketWatch - 🏆 3. / 97 Read more »