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 | Pred 215 dňami

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 | Pred 555 dňami

Canadian Market Up On Trade Deal Hopes

The Canadian market hit a fresh record high Wednesday morning, and amid selective buying, remains in positive territory around noon, thanks to rising optimism about several nations striking trade deals with the U.S. before the August 1 deadline.

RTTNews | Pred 39 minútami

U.S. Existing Home Sales Slump To Nine-Month Low In June

A report released by the National Association of Realtors on Wednesday showed existing home sales in the U.S. pulled back by more than expected in the month of June. NAR said existing home sales slumped by 2.7 percent to an annual rate of 3.93 million in June after jumping by 1.0 percent to a revised rate of 4.04 million in May.

RTTNews | Pred 2 h 28 min

Positive Start Seen For Canadian Stocks

Bay Street looks headed for a firm start Wednesday morning, tracking positive global cues amid rising prospects of several nations striking trade deals with the U.S. before the August 1 deadline.

RTTNews | Pred 5 h 1 min

AT&T Q2 Results Beat Street; Now Sees FY25 Earnings Inline Or Below Market; Stock Down

Telecom giant AT&T, Inc. on Wednesday reported higher second-quarter profit and revenues, both above market estimates. Further, the firm maintained its fiscal 2025 adjusted earnings outlook, in line or below market. In the pre-market activity on the NYSE, AT&T shares were losing around 3.7 percent.

RTTNews | Pred 5 h 14 min

FTSE 100 Moderately Higher; Informa Rises Sharply On Strong Guidance

The U.K. stock market is gaining some ground in positive territory on Wednesday, reflecting the fairly bullish mood across Europe, amid prospects of an EU-US trade deal. Hopes about the European Union and the U.S. striking trade deals have increased after U.S. President Donald Trump announced trade deals with Japan and Philippines.

RTTNews | Pred 6 h 15 min

CAC Rises 1.3% On U.S-EU Trade Deal Optimism

French stocks are up firmly in positive territory on Wednesday, recovering well from recent losses. U.S. President Donald Trump's announcement about trade deals with Japan and Philippines has raised hopes the European Union will soon strike a deal with the U.S. ahead of the August 1 deadline.

RTTNews | Pred 6 h 29 min

EURUSD	1.17453	GBPUSD	1.35559	AUDUSD	0.65826
USDJPY	146.583	USDCAD	1.36201	USDCHF	0.79432

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