Tag: FedEx
FedEx: 34% drop in EPS in the 2nd quarter
(CercleFinance.com) – FedEx published adjusted EPS (non-GAAP) of $3.18 for its second quarter, compared to $4.83 a year earlier, with an adjusted operating margin down 1.8 points at 5.3% for…
Semitrailer Sprint – Here a Tesla Semi accelerates quite violently!
Articulated lorries are big, heavy and generally tough and slow when it comes to acceleration. Tesla’s electric truck called Semi will also be big and heavy – but it should…
Delayed by years – Tesla: Production of electric trucks started
Tesla’s electric semitrailer, which was delayed for years, has now gone into production, according to company boss Elon Musk. The first vehicles are to be delivered to the beverage and…
FedEx wants to cut spending and raise rates
New York (awp / afp) – FedEx, which had already warned that it had transported fewer letters and packages than expected this summer, said Thursday that it wanted to reduce…
FedEx collapses on Wall Street, after preliminary accounts
By Jean-Noel Legalland Published on 09/16/2022 at 1:39 p.m. Photo credit © Reuters …
Wall Street: The climate of gloom maintained by FedEx
(CercleFinance.com) – The New York Stock Exchange should extend its downward movement on Friday morning following quarterly results below expectations and the very disappointing objectives communicated by FedEx. Half an…
Wall Street: Wall Street opens lower, FedeX warns
PARIS (Reuters) – The New York Stock Exchange opened lower on Friday, hit by the warning of the logistics and parcel delivery giant Fedex, which gave up its annual financial…
Wall Street: FedEx, Uber and GE lead the indices
(Boursier.com) — Wall Street corrects before the stock market this Friday. The S&P 500 returned 1.2%, the Dow Jones 1.1% and the Nasdaq 1.2%. Operators remain extremely cautious, expecting a…
FedEx: Wells Fargo lowers its price target
(CercleFinance.com) – Wells Fargo renewed its ‘overweight’ advice on FedEx on Friday, while reducing its price target on the stock to $199 following the warning issued last night by the…
Wall Street ends lower, FedEx warning reinforces fears of
recession New York (awp/afp) – The New York Stock Exchange ended lower on Friday, at its lowest level in two months, spooked by the FedEx earnings warning and the prospect…
The number of packages delivered by Fedex drops, the action falls heavily on Wall Street
(BFM Bourse) – The group has warned that its volumes had fallen at the end of the first quarter of its financial year which will end in May 2023. As…
Wall Street opens lower, FedeX warns
PARIS (Reuters) – The New York Stock Exchange opened lower on Friday, hit by the warning of the logistics and parcel delivery giant Fedex, which gave up its annual financial…