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.
One name has been making waves and transforming the way we think about banking and payments in the fast-expanding financial services market - Revolut. Revolut was founded with the goal of disrupting the traditional financial sector, and it has positioned itself as a pioneer in the fintech revolution, delivering new solutions that are changing...
Charles Schwab Corp. is looking to raise fresh debt in the U.S. investment-grade bond market after revealing plans Monday to cut jobs and close or downsize offices to curb costs. The financial services firm brought a benchmark-sized deal of senior unsecured notes Tuesday, according to a person familiar with the...
Raymond James announced Tuesday that advisor Burdette Park, who managed about $300 million in client assets at Merrill Lynch, is joining the firm’s employee advisor channel, Raymond James & Associates. Park and a staffer, Heather Jones, will operate as Burdette Park | Raymond James in Louisville, Kentucky. The firm focuses on...
Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion. The Information reported last week that spend management company Ramp was raising “several hundred million dollars” at a $5.5 billion valuation....
LPL Financial said Tuesday that Matthew Holbrook, a California advisor who had overseen about $385 million in client assets at UnionBanc Investment Services, has affiliated with its employee advisor channel, Linsco by LPL Financial. Holbrook is launching Coastline Wealth Advisory of LPL Financial in Irvine, California. According to his BrokerCheck report,...
A Dick’s Sporting Goods store stands in Staten Island in New York City, March 9, 2022.Spencer Platt | Getty ImagesCheck out the companies making headlines before the bell:Fabrinet — Fabrinet surged 21% after its fiscal fourth-quarter results late Monday topped analysts' estimates. The advanced manufacturing services company posted non-GAAP...
