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
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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
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