United Parcel Service Inc. News
FedEx Stock Soars After Q3 Earnings Beat, Solid 2023 Profit Outlook
"While Q4 volumes were down year-over-year we successfully implemented strategic actions that drove double-digit yield improvement across the board," said CEO Raj Subramaniam.
FedEx Tops Q4 Revenue Forecasts, Sees Solid Fiscal 2023 Profits, Share Buybacks
“Our fiscal 2022 financial performance was a result of our team's ability to adapt to a number of unexpected challenges," said new CEO Raj Subramaniam.
FedEx Stock Surges As Activists Win Board Seats, Dividend Boost Following Fred Smith Departure
CFO Michael Lenz said the dividend boost ensures that FedEx's "capital allocation strategy reflects our confidence in the trajectory of the business."
Hedge Funder Dalio Says Bubbles Burst for Tech Darlings Tesla, Roku
'Emerging tech stocks no longer appear to be in a bubble,' said hedge fund mogul Ray Dalio. So is it now time to buy?
Home Depot Forms VC Firm, Funds Tech Doers to Get More Done
Home Depot, the giant home-improvement chain, is looking for innovative ideas to streamline operations and improve customer service.
Fed Inflation Gauge Eases Again In May, But Inflation Pressures Clip Consumer Spending
While overall inflation pressures are easing modestly, the impact of the fastest inflation in four decades is taking its toll on spending, BEA data indicated Thursday.
Pfizer Stock Jumps On $3.2 Billion U.S. Covid Vaccine Sale, FDA Paxlovid Approval Filing
“As the Covid pandemic continues to evolve and be highly unpredictable, we must remain vigilant in protecting those who are at greatest risk of getting very sick from Covid," said CEO Albert Bourla.
Walgreens Stock Slides After Q3 Profit Beat, $683 Million Florida Opioid Charge
"WBA delivered strong execution across operating segments and against very robust growth last year," said CEO Rosalind Brewer.
Micron Earnings Preview: Will Critical Support Hold?
Micron is set to report earnings on Thursday after the close, but the stock sits on critical support. Will it hold or will it fold?