Home Depot‘s business has remained strong even as turbulent economic conditions pinch consumers’ wallets, CEO Ted Decker told CNBC’s Jim Cramer on Friday. His comments were in respon...
Tag: FedEx Corp
How Powell and the Fed may react to FedEx warning
CNBC’s Jim Cramer on Friday said that FedEx‘s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected — meaning the cent...
FedEx, Adobe, Boeing and more
FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in midday trading. FedEx – Shares ...
Why FedEx’s profit warning is such bad news for the U.S. economy
FedEx Corp. has bad news for investors, but what the logistics company’s massive profit warning says about the U.S. economy may be even worse. “The FedEx news was pretty stark. But when I read it, I w...
3 takeaways from Friday’s meeting, including how defensive plays are wins in this two-sided market
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. There is a bifurcation in t...
FedEx CEO says he expects the economy to enter a ‘worldwide recession’
FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global economy. “I think so. But you know, these numbers, they don’t po...
‘Simply staggering.’ FedEx hit with downgrades, price target cuts as warning shocks Wall Street.
A profit warning from FedEx was ringing alarm bells for Wall Street and beyond on Friday, with shares of the economic bellwether slumping as analysts piled on downgrades and price target cuts. FedEx F...
FedEx, International Paper, Uber and more
Check out the companies making headlines before the bell: FedEx (FDX) – FedEx tumbled 20.3% in premarket trading after issuing a profit warning due to declining package delivery volumes around the wor...
FedEx stock tanks nearly 15% after company withdraws outlook, says year is about to get worse
FedEx Corp. shares fell nearly 15% in the extended session Thursday after the logistics company pulled its outlook for the year, called for significantly lower quarterly profit and lower revenue, and ...
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...
Alibaba, FedEx, Bed Bath & Beyond and more
FedEx trucks at Indianapolis International Airport in Indianapolis, Indiana. Kaiti Sullivan | Bloomberg | Getty Images Check out the companies making the biggest moves midday Tuesday: Illumina — Share...
Bed Bath, Dropbox, Transocean and more
Check out the companies making headlines in premarket trading. Bed Bath & Beyond — The beleaguered home goods retailer dropped another 14.1%, adding to several straight days of losses. The latest ...
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...
Trucking CEOs expect high prices, demand in second half of 2022
Trucks at the entrance to the Port of Oakland in Oakland, California, US, on Thursday, July 14, 2022. Truckers servicing some of the US’s busiest ports are staging protests as state-level labor ...
Target chases bigger e-commerce profits with new delivery hubs, fleet of drivers
MINNEAPOLIS — Each day, hundreds of drivers park at a delivery hub in Target’s hometown and load up the trunks of their personal cars with packages to deliver to customers. Soon, the big-box ret...
Why Disrupters Like FedEx Are Ditching Their Private Clouds
Private Server Farms Might Become A Thing Of The Past Photo: Marijan Murat/dpa (Photo by Marijan … [+] Murat/picture alliance via Getty Images) dpa/picture alliance via Getty Images The corporat...
Investors could do ‘a lot worse’ than FedEx here, Jim Cramer says
CNBC’s Jim Cramer on Monday told investors that while the market has yet to overcome the challenges threatening to create a recession, FedEx stock might be able to weather the turbulence. “...
Carnival, FedEx, Zendesk and more
The Carnival Paradise cruise ship arrives in port June 30, 2017 in Havana, Cuba. Alexander Creutzmann | Mambo photo | Getty Images Here are the stocks making headlines in midday trading: Carnival Crui...
CarMax, FedEx, Seagen and more
Check out the companies making headlines before the bell: CarMax (KMX) – The automobile retailer beat estimates by 7 cents with quarterly earnings of $1.56 per share, and revenue that also beat analys...
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...
‘Sell stocks into any rally’
CNBC’s Jim Cramer on Friday warned investors that any upcoming market rallies will be temporary as the Federal Reserve turns up the heat in its fight against inflation. “Until we see a pat...
Stocks making big moves midday: FedEx, Continental Resources, Oracle
Check out the companies making headlines in midday trading. Continental Resources — Shares soared 14% after the shale company announced an all-cash buyout proposal from the family trust of billionaire...
Prologis, major Amazon warehouse landlord, to buy Duke Realty for $26 billion
Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, U.S., on Sunday, Nov. 7, 2021. Fallout from the global supply-chain crisis is clogging U.S. ports, pushing ware...
Another baby formula shipment from Europe to arrive in the U.S. on Wednesday
Pallets of Nestle Health Science Alfamino Infant and Alfamino Junior formula are unloaded from a US military aircraft at Indianapolis International Airport in Indianapolis, Indiana, US, on Sunday, May...
Sixteen states sue Postal Service over plan to buy gas vehicles
United States Postal Service (USPS) workers load mail into delivery trucks outside a post office in Royal Oak, Michigan, August 22, 2020. Rebecca Cook | Reuters Sixteen states on Thursday sued the U.S...
Aurora AUR Werner Enterprises WERN self-driving trucks in Texas
06 January 2022, US, Las Vegas: Robotic truck company Aurora shows off a self-driving semi-truck at the CES tech show in Las Vegas. In the Corona pandemic, interest in autonomous freight transport inc...
Why ‘free’ shipping isn’t free
The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.” “People like free shipping because the word free is v...
Why FedEx’s stock plunge is so bad for the whole stock market
FedEx Corp.’s profit warning has cast a pall on the broader stock market, as a record plunge in the package delivery giant’s stock has helped trigger one half of a Dow Theory “sell” signal. FedEx shar...