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.
The highest court in Massachusetts upheld the state’s investment advice standard that imposes fiduciary duty on brokers, dealing a setback to online brokerage Robinhood’s effort to kill the regulation. The Massachusetts Supreme Judicial Court ruled Friday that the state’s top securities regulator, Secretary of the Commonwealth William Galvin, acted within...
Marvell Technology GroupSource: marvell.comCheck out the companies making headlines before the bell.Marvell Technology — Shares fell more than 3% before the bell despite the company topping Wall Street's expectations for the recent quarter. Marvell posted earnings of 33 cents per share, excluding items, on $1.34 billion in revenue. Analysts...
The Securities and Exchange Commission Friday penalized Wells Fargo Advisors $35 million for overcharging advisory fees to certain clients who opened accounts prior to 2014 through the end of December 2022. “Certain financial advisors from Wells Fargo and its predecessor firms agreed to reduce the firms’ standard, pre-set advisory...
Lionel Messi after scoring against FC Dallas at Toyota Stadium on August 06, 2023 in Frisco, Texas.Logan Riely | Getty ImagesSuperstar Lionel Messi has only played fewer than 10 games in the U.S. men's professional soccer league and he's having never-before-seen effects.Messi joined Major League Soccer's Inter Miami CF...
Striking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors' Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit.Michael Wayland / CNBCDETROIT – United Auto Workers members overwhelmingly granted union leaders authorization to call strikes during ongoing contract negotiations with General...
What’s in a Name? RTP vs RTRP vs IPS vs Faster Payments One of the fun things about working on a global trend is watching the alphabet soup of acronyms and buzzwords diverge and converge. The US and UK are largely still using the term “faster payments,” and you hear that...
