Check out the companies making headlines in midday trading. FedEx – The delivery giant plunged more than 13% after reporting a steep quarterly earnings drop. The company also lowered its full-year revenue forecast. CEO Raj Subramaniam said industrial demand was softer than expected, while FedEx's customers continued to shift...
Author Stephanie Dhue's difficult-to-repair microwave.Courtesy Stephanie DhueI bought a General Electric microwave oven in 2020 for $355. Recently, I noticed the interior light was out.I told my husband, since he's the one who takes care of repairs in our house. He took a look, only to learn that this...
Singapore, Singapore, September 20th, 2024, ChainwireMantle’s flagship game, Catizen, officially launched its token, $CATI, on multiple exchanges today, including Binance, OKX, Bybit, Gate.io, and Bitget. As the most profitable mini-game on Telegram, Catizen seamlessly integrates Telegram with The Open Network / TON (L1) and Mantle Network (L2). $CATI, as...
Check out the companies making headlines before the bell. Nike — Shares rose 6% after the athletic apparel company announced CEO John Donahue would be retiring from the position . Company veteran Elliott Hill will be coming out of retirement to take the position. FedEx — Shares of the...
Miami Beach, Florida, FedEx Express delivery van parked, driver unloading box dolly. Jeff Greenberg | Universal Images Group | Getty ImagesFedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from speedy, pricey delivery to cheaper, slower options.Shares...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Singapore is investigating the role that some single family offices played in one of the city’s largest money laundering cases and weighing further rules on the sector. Authorities found that one or more of the accused in the case involving more than S$2.8 billion ($2 billion) of assets may have...
Bitcoin retreated from a six-week peak after a jump in bond yields dented demand for riskier investments. The largest digital asset shed as much as 1.9% on Tuesday before paring some of the drop to trade at about $27,600 as of 10:50 a.m. in Singapore. The MarketVector Digital Assets 100...
Prices for pre-owned Rolex watches kept falling on the secondary market last month while entry-level models and brands like Cartier and Omega fared comparatively better. An index of Rolex timepieces declined by 2.2% in September, according to market prices tracked by the Bloomberg Subdial Watch Index. An index of 100...
Fintech has emerged as a pivotal force fundamentally transforming the financial services industry. The amalgamation of technology and finance is creating new paradigms that were previously thought to be unthinkable. The imperative to understand and navigate this evolving sector has never been more pressing. As the global demand for...
Most financial advisors base investment decisions on home office models, with new data showing that the profession continues to move more toward planning and customer service. With a surfeit of models available from home offices and third parties such as asset managers, asset allocation is now all but commoditized, according...
Massachusetts Secretary of the Commonwealth William F. Galvin fined Fidelity Brokerage Services $750,000 over the company’s alleged past practice of “rubber-stamping” clients’ applications to trade options, according to a statement from Galvin’s office. Galvin, long an unpopular figure in the retail securities industry because of his wide powers over Wall...
Oddity Il MakiageCoutesy: OddityOddity Tech released preliminary third-quarter results on Monday that show expected revenue growth of 29% to 31%, driven by repeat sales at its Il Makiage and Spoiled Child brands.The newly public retailer, which started trading on the Nasdaq in July and uses artificial intelligence to develop...
