FedEx Corp. late Tuesday cut its fiscal 2024 revenue forecast, saying it now expects a single-digit year-on-year revenue decline instead of flat revenue.The revision, included in its fiscal second-quarter financial results, sent shares plunging more than 8.5% in early...
Key Takeaways Boeing Co. said Germany's Lufthansa AG would buy single-aisle aircraft from the plane maker for the first time since 1995.The German carrier has placed a firm order for 40 737 MAX jets,...
Bitcoin miner Marathon Digital (MARA) plans to expand operations as bitcoin rebounds heading into 2024. MARA stock rallied nearly 180% during its impressive nine-week run stretching back to early October. Meanwhile, bitcoin has bolted about 52% since the...
By Lisa Baertlein and Priyamvada C(Reuters) -FedEx cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts' targets on Tuesday, sending shares tumbling 8.1%, as it battles for business in what is shaping up...
The success of drug developers hinges on regulatory approvals for their medications. Considering that, it was hardly surprising that Pfizer (NYSE: PFE) stock had a good Monday on the market. Following its latest Food and Drug Administration (FDA) nod,...
(Bloomberg) -- Nippon Steel Corp. will buy United States Steel Corp. for $14.1 billion to create the world’s second-largest steel company — and the biggest outside of China — with a key role in supplying American manufacturers and automakers.Most...
Dec 18, 2023, 4:49 pm ESTFew bank CEOs are probably happier with the bond market rally than Bank of America’s
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The Dow Jones Industrial Average inched higher but lagged the other major indexes. Famed investor Cathie Wood bought a stock up powerfully in 2023 but sold some Bitcoin plays. Adobe (ADBE) popped after an acquisition deal crumbled. Meta...
Shares of data center specialist Super Micro Computer (SMCI), also known as Supermicro, rose Monday in heavy volume. SMCI stock cleared two buy points despite a lack of news. X In morning...
Which of these top dividend stocks is the better income play? Let's dig deeper to find out.The case for AT&TOver the next few years, AT&T is expected to steadily reduce its debt thanks to its improved free cash flows...