div > div.group > p:first-child"> FedEx — Shares of FedEx dropped 5.14 percent after the company reported lower-than-expected third-quarter earnings and reduced its earnings outlook for fiscal year 2019. The company reported earnings of $3.03 per share, 8 cents below a Refinitiv estimate. FedEx also reported declining international revenue due to unfavorable exchange rates and trade conditions.
UBS Group — Shares of Swiss bank UBS dropped 2 percent after its chief executive spoke before a conference in London this morning. CEO Sergio Ermotti said the bank will cut an extra $300 million from 2019 costs after investment banking revenue plunged and stressed that investment banking conditions are among the toughest in years.
Smartsheet — Smartsheet shares rose more than 3 percent after the software company reported a loss of 7 cents a share, which is better than the FactSet estimate of a 14 cent loss. The company also issued better-than-expected revenue guidance for the first quarter and for fiscal 2020.
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:
This table is HOT serfs!! Go all in. Put it on Red!
Malaysia Malaysia Latest News, Malaysia Malaysia 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: FedEx, Tencent Music and moreSee which stocks are posting big moves after the bell on March 19.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: General Mills, Johnson & Johnson, Viacom, Sony & moreSome of the names on the move ahead of the open. Market Green can sale now. Ho ho
Source: CNBC - 🏆 12. / 72 Read more »
Stocks under pressure | Fed's rate decision set | FedEx warns of global slowdownFutures are pointing to a slightly lower Wall Street open, but with a Fed policy statement ahead and headline risk surrounding China trade talks, another volatile day could be ahead. I warn too of global slowdown need China back up a bit they buy our goods Market isn't too bad'
Source: CNBC - 🏆 12. / 72 Read more »
FedEx earnings could save this lagging sectorFedEx is set to report earnings after the bell, and it could be a lifeline to this lagging sector. Nope. Awful earnings.
Source: CNBC - 🏆 12. / 72 Read more »
Elon Musk vs. SEC; Brexit chaos; FedEx earningsToday’s top business headlines with ChristineRomans: - S&P 500 climbs to five-month high - CNN poll: 7 in 10 say economy in good shape - Lyft plans to raise more than $2B in its IPO - DraftKings looks to cash in on March Madness ChristineRomans Basically Trump is killing it ChristineRomans Trumps America ChristineRomans Hate him all you want stats say Trumps doing a good job
Source: CNN - 🏆 4. / 95 Read more »
FedEx stock falls after company misses Wall Street Q3 viewsShares of FedEx Corp. fell more than 3% in the extended session Tuesday after the logistics company missed Wall Street's expectations for its fiscal third... But but....the economy is great....trade deal.....dovish FED.....say it ain't so
Source: MarketWatch - 🏆 3. / 97 Read more »