Federal Express To Lay Off Up To 2,000 Employees Amid Workforce Reduction Plan In Europe

FedEx Stock Up On Freight Spin Off, Despite Weak Earnings, Outlook Cut

Shares of FedEx Corp. gained around 9 percent in the extended trading on the NYSE on Thursday and is currently trading 8 percent higher on the pre-market activity after the logistics major announced its plan to spin-off its Freight division, and additional $500 million share buyback. Meanwhile, the company trimmed its fiscal 2025 earnings and revenue view after reporting weak results in its second

RTTNews | vor 216 Tagen

FedEx Announces New Data-driven E-commerce Platform Fdx

FedEx Corp. announced the launch of a new digital platform, called fdx, in fall 2024 with a view to offer end-to-end e-commerce solutions for businesses of all sizes. By offering the first-of-its-kind data-driven commerce platform, the logistics major, which faces extreme competition from Amazon, aims to connect the entire customer journey by making it easier for companies to manage their supply..

RTTNews | vor 556 Tagen

Honeywell Lifts FY25 Outlook Above Markt After Q2 Beats Street

Honeywell International Inc. (HON), which is preparing to separate into three public companies, on Thursday lifted its fiscal 2025 outlook for earnings and revenues after reporting higher second-quarter results above market estimates. In pre-market activity on the Nasdaq, Honeywell shares were losing around 1.4 percent.

RTTNews | vor 1Std 5 Minuten

FTSE 100 Up Nearly 1% On Encouraging Earnings Updates

U.K. stocks are up firmly in positive territory Thursday morning amid easing concerns about trade, as the U.S. and EU appear set to strike a deal sometime soon. Investors are also reacting to earnings updates and the latest batch of regional economic data.

RTTNews | vor 1Std 39 Minuten

Sensex Drops 542 Points On Trade Deal Uncertainty; Nifty Dips Below 25,100

Indian shares fell notably on Thursday as investors fretted over stalled India-U.S. trade deal, slowing earnings growth and recent selling by foreign portfolio investors.

RTTNews | vor 1Std 52 Minuten

Deutsche Bank Shares Up On Highest Q2 Profit Since 2007; Maintains FY25 Guidance

Shares of Deutsche Bank AG were gaining around 7 percent in the morning trading in Germany and around 6 percent in the pre-market activity on the NYSE, after the banking major reported Thursday a net profit in its second quarter, compared to prior year's loss, mainly on the non-recurrence of a litigation provision, and higher revenues.

RTTNews | vor 1Std 56 Minuten

German Consumer Sentiment To Weaken In August: GfK

Consumer confidence in Germany is set to deteriorate in August as households preferred to save rather than spend due to the escalating uncertainty, survey data from the market research group GfK revealed on Thursday. The Consumer Climate indicator dropped unexpectedly to -21.5 points in August from -20.3 points in July. The score was forecast to improve to -19.4.

RTTNews | vor 1Std 57 Minuten

CAC Flat In Cautious Trade As Investors Focus On Earnings

French stocks are turning in a mixed performance on Thursday with investors making cautious moves despite growing optimism the U.S. and EU will arrive at a trade agreement soon. Investors are digesting corporate earnings updates, and await the European Central Bank's monetary policy announcement due later in the day.

RTTNews | vor 2Std 3 Minuten

EURUSD	1.17541	GBPUSD	1.35513	AUDUSD	0.66174
USDJPY	146.536	USDCAD	1.36137	USDCHF	0.79435

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Federal Express To Lay Off Up To 2,000 Employees Amid Workforce Reduction Plan In Europe