Stocks are under pressure today from some negative corporate news. FedEx is down more than -14% after reporting Q1 adjusted EPS well below the consensus and cutting its 2025 adjusted EPS forecast.
FedEx (FDX) plunged over -13% in pre-market trading after the delivery services giant reported weaker-than-expected Q1 adjusted EPS and cut its full-year guidance. “Despite some volatility after the ...
Amazon’s return-to-office (RTO) mandate was “great news” for the workplace furnishings industry, said MillerKnoll CEO Andi ...
MINNEAPOLIS — Despite lower sales in its North America Retail business, General Mills Inc. said it strengthened market share ...
The Reserve Bank of India has noted in its September bulletin that a reversal in vegetable price shocks could signal a ...
BDCs have benefited from a rising rate environment, but that could change given the Fed just made its first rate cut. Read ...
As we navigate through 2024, Japan’s economic landscape is emerging as a compelling arena for investors. Despite facing a ...
Hold rating with short-term gain potential, but long-term investment remains unattractive. Explore more details here.
Darden Restaurants, Inc. DRI reported weaker-than-expected first-quarter financial results on Thursday. The company reported adjusted earnings per share of $1.75, missing the analyst consensus ...
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
Q1 2025 Earnings Call Transcript September 18, 2024 General Mills, Inc. beats earnings expectations. Reported EPS is $1.07, ...