FedEx (FDX) earnings Q1 2023 miss estimates

FedEx on Thursday withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments. “Global volumes declined as mac...

FedEx Reports After The Close On 9/22 — Options Contracts Expire The Next Day

According to NextEarningsDate.com, the FedEx FDX next earnings date is projected to be 9/22 after the close, with earnings estimates of $5.18/share on $23.61 Billion of revenue. Looking back, the rece...

FedEx Sues Ground Contractor, Cancels His Routes

FedEx sued one of its largest delivery contractors in the U.S. and canceled his routes, saying the businessman has orchestrated a campaign to promote his own consulting firm by disparaging the deliver...

These dividend stocks can protect you as the Federal Reserve slows the economy

With Federal Reserve Chairman Jerome Powell set to deliver an important speech Friday, investors may finally begin to take him at his word: The central bank is going to maintain a hawkish stance to co...

UPS’ Carol Tomé: Barron’s Top CEOs 2022

Carol Tomé, CEO of UPS Courtesy of UPS Text size Not all volume is good volume, says Carol Tomé, a former Home Depot executive who came out of retirement to run UPS two years ago. She sold the company...

Cash Dividend On The Way From FedEx

On 6/24/22, FedEx will trade ex-dividend, for its quarterly dividend of $1.15, payable on 7/11/22. As a percentage of FDX’s recent stock price of $229.99, this dividend works out to approximatel...

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data rele...

FedEx’s Dividend Hike Stands Out

Text size FedEx trucks at a sorting facility Justin Sullivan/Getty Images FedEx grabbed the headlines this week for dividend announcements, declaring an increase of more than 50% to its quarterly payo...

FedEx Raises Dividend, Stock Jumps 9%. Is ‘New Day Dawning?’

FedEx stock is soaring after the company announced a dividend increase. Spencer Platt/Getty Images Text size FedEx stock was soaring after the delivery company raised its dividend and said it would ad...

Warren Buffett’s Berkshire Hathaway Spent Billions on Chevron. This Might Be Why.

Text size Photograph by Justin Sullivan/Getty Images There is a cottage industry on Wall Street predicting what would Warren would buy. That, of course, refers to Berkshire Hathawa y (ticker: BRK.B) C...

UPS Stock Is Down For a Seventh Straight Day. Here’s Why.

Text size UPS stock is on a seven-day losing streak. Alex Wong/Getty Images   United Parcel Service stock is on an ignominious streak, falling for seven consecutive days. There hasn’t been much compan...

U.S. Stocks Poised to Open Higher on Monday

U.S. stock index futures point to a higher open for Wall Street on Monday. (Photo by Michael M. Santiago/Getty Images) Getty Images Text size Here’s what you need to know to navigate the markets today...

FedEx stock: Steve Weiss explains why he just bought FDX

FedEx Corporation (NYSE: FDX) stock is down more than 20% year-to-date, which Short Hills Capital Partners’ Steve Weiss says is an opportunity to buy a quality name at a deep discount. Weiss mak...

Is Now the Time to Buy or Sell? 7 Stocks to Consider During Turbulent Times.

I asked two market strategists whether U.S. investors should buy stocks here despite the pall of war in Ukraine. One says definitely, and the other says to hold off. Both are convincing. This is why I...

China’s XI Doesn’t Want the Fed to Raise Rates Either

China’s President Xi Jinping urged the world’s major economies not to rapidly raise interest rates at the virtual Davos summit, warning such action could threaten the global recovery. The yield on the...

Airlines Warn of Crippling Flight Disruptions if New 5G Rollout Isn’t Delayed

Text size Justin Sullivan/Getty Images After AT&T and Verizon Communications refused requests from the U.S. government to delay the Jan. 5 launch of new 5G services, the Airlines for America trade...