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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 macroeconomic trends significantly worsened…
This year’s tumble in stocks has led many on Wall Street to look at a previously underappreciated part of the market: value. Value stocks are those names that typically trade…
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 — Shares of…
Here are Tuesday’s biggest calls on Wall Street: Morgan Stanley upgrades NextEra Energy to overweight from equal weight Morgan Stanley said the energy company is a key beneficiary of the…
Value investor Mason Hawkins loaded up on General Electric in the second one quarter, and in addition took up a stake in enlargement identify Alphabet . Hawkins’ Southeastern Asset Management,…
Amazon.com Inc. programs take a seat in entrance of a FedEx Corp. supply truck in New York. Christopher Lee | Bloomberg | Getty Images In its newest effort to deal…