Alexander Creutzmann | Mambo photo | Getty Images– Shares of Carnival Cruise Lines jumped 11% after the travel company said it had its best booking volumes since the start of the pandemic during the second quarter. Carnival's results missed estimates on top and bottom lines.
The company also reported that cash from operations turned positive in April and was positive for the second quarter.– The logistics and delivery stock rose nearly 7% after FedEx said it expected adjusted earnings to rise in its current fiscal year. FedEx reported mixed results for its fiscal fourth quarter, with adjusted earnings of $6.87 per share on $24.39 billion of revenue. Analysts surveyed by Refinitiv were looking for $6.86 in earnings per share of $24.56 billion of revenue.
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:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sharp recent declines in commodity prices bode well for the Fed's inflation fight and stocksInvesting Club: Sharp recent declines in commodity prices bode well for the Fed's inflation fight and stocks
Source: CNBC - 🏆 12. / 72 Read more »
These dividend stocks yield at least 5% and have plenty of room to raise payoutsThese dividend stocks yield at least 5% and have lots of room to raise payouts LunaGensOffcial LunaGens Team is based and Private Doxed KYCed Partner with MoneyNinjas12 CharityFoundation CRYPTO MarketingPlatform High APR Staking IceCreamSwap integrated Indoex BUSD 5% Reflection brc20 Eth bridges soon Metaverse NFT incoming 1000Xgems BSCGem
Source: MarketWatch - 🏆 3. / 97 Read more »
European Stocks And U.S. Futures Slump After Fed Chairman Acknowledges Possibility Of RecessionIn a testimony before Congress Tuesday, Federal Reserve Chairman Jerome Powell admitted that a recession in the near future was a possibility. Tough times 😒
Source: Forbes - 🏆 394. / 53 Read more »
Asian stocks mixed after Wall St declines on recession concernsAsian stock markets were mixed Thursday after Wall Street edged lower amid fears that higher interest rates will chill global economic growth.
Source: MarketWatch - 🏆 3. / 97 Read more »
European Stocks Head for Negative Open as Markets Struggle to Shrug Off Recession FearsEuropean stocks are expected to open lower Thursday, as global markets see renewed volatility after a brief recovery following last week’s tumultuous trading.
Source: nbcchicago - 🏆 545. / 51 Read more »
U.S. stocks finish lower after volatile sessionU.S. stocks finished slightly lower on Wednesday after erasing their gains from earlier in the day during the final hour of trading. The Dow finished 48.37 points, or 0.2%, lower at 30,481.80 after climbing more than 240 points earlier in the session. Guys rate my nude photos)
Source: MarketWatch - 🏆 3. / 97 Read more »