Downgrade, Street-Low Price Target Ding Retail Stock
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Market Insider
FDX, NKE, CEG and more
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...
Financial Advisors
$400 to change a lightbulb? Appliance repair costs are no joke
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...
Fintech
Catizen’s $CATI Token Lists on Multiple Exchanges
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...
Market Insider
Stocks making the biggest moves premarket: FDX, CHWY, DJT
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...
Earnings
FedEx quarterly profit disappoints as demand for speedy delivery wanes
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...
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Featured Author
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.
20Sep
20Sep
Fed interest rate moves affected by government shutdown
The FED: US Federal Reserve, Washington DCUschools | E+ | Getty ImagesA looming government shutdown could prevent the Federal Reserve from raising rates in November, but not for the reason you might think, according to Bank of America.Not only would the shutdown potentially slow down the economy and make...
20Sep
20Sep
Walmart opens pet center with veterinary care and grooming
Walmart is piloting a pet services center in a suburb of Atlanta, but plans to open more locations in other parts of the country.WalmartWalmart is opening a dedicated pet services center, signaling it wants to be a place that customers turn to for veterinarian visits and dog grooming appointments...
20Sep
What you can learn from TikTok, Instagram salary videos
Hannah Williams of Salary Transparent Street.Credit: Brandon Showers PhotographyMore from Your Money:Here's a look at more stories on how to manage, grow and protect your money for the years ahead.In street interviews like Williams' — which can go viral on social media — creators typically ask someone they encounter...
20Sep
Stocks making biggest premarket moves: Pinterest, Instacart and more
Pinterest app on a mobile phone.Andrew Harrer | Bloomberg | Getty ImagesCheck out the companies making headlines before the bell.Dollar General — Dollar General shares fell 2% after JPMorgan downgraded the discounter to underweight from a neutral as the company's core shopper grapples with persistent inflationary pressures and dwindling...
20Sep