FedEx earnings: How the UPS labor fight may boost results

📆 2023-09-18 5:54 PM
📰 YahooFinanceCA

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FedEx (FDX) is set to report its fiscal first quarter earnings after the market close on Wednesday. Citi Research Global Head of Transportation Chris Wetherbee says he expects the shipping giant to report 'decent' results given its 'challenged' fiscal 2023. FedEx’s Express segment “needs the most help” according to Wetherbee, but their ground and freight have been 'steady performers.' FedEx will benefit this quarter, Wetherbee says, due to “a degree of market share” moving from UPS (UPS) during its negotiations with the Teamsters and Yellow's (YELLQ) bankruptcy.

Tina Turner was a singer, songwriter and actress. Known as the "Queen of Rock 'n' Roll".I’m looking to snatch up an undervalued AI stock like Docebo Inc. as we pass through the midway point in September. The post ALERT! 1 Undervalued AI Stock I’m Buying Today appeared first on The Motley Fool Canada.TORONTO — Indigo Books & Music Inc. says founder Heather Reisman has returned to the retailer as chief executive officer.

Reisman had served as chief executive until last year, when Ruis took over, and retired from the Indigo board last month. As part of her return to the company, Reisman was also reappointed to the board. The retailer also announced that Craig Loudon, Indigo's chief financial of -- Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake, raising year-end targets for the S&P 500 Index.

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Fed's rate decision, FedEx earnings, iPhone 15 preorders: What to watchOn Wednesday, September 20, the FOMC is set to make its next interest rate decision, which could impact the economic forecasts ahead of 2024. Jobless claims data is expected out on Thursday, alongside earnings reports from FedEx (FDX) and General Mills (GIS). Additionally, Apple (APPL) is preparing to ship out iPhone 15 pre-orders this week. Yahoo Finance's Josh Schafer informs viewers of this week's key events.
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A Fed decision, FedEx earnings and the UAW strike: What to know this weekA Federal Reserve meeting awaits investors as debate over whether the Fed is done hiking interest rates heats up.
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