FedEx Corp
Stocks making the biggest moves premarket: FedEx, Chewy, Trump Media and more
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 shipping giant shed more than 13% […]
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Stock futures are little changed after Dow closes above 42,000 for the first time: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on the first trading day of 2024 on January 02, 2024 in New York City. Spencer Platt | Getty Images Stock futures flickered near the flatline Thursday night after the S&P 500 and the Dow Jones Industrial Average closed at new records, bolstered […]
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Stocks making the biggest moves after hours: Nike, FedEx, Lennar and more
Check out the companies making headlines in extended trading: Nike — Shares soared 10%. The sneaker company announced that CEO John Donahoe would step down from the role on Oct. 13. Nike veteran Elliott Hill, who had been at the company for 32 years before retiring in 2020, will take the helm. FedEx — Shares […]
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Stocks making the biggest moves premarket: Darden Restaurants, Nvidia, DoorDash, Coursera and more
Check out the companies making headlines before the bell. Darden Restaurants — Shares advanced nearly 11% after the restaurant operator announced a multiyear partnership with Uber for on-demand delivery later this year. The company reported weaker-than-expected quarterly earnings and revenue, however, as its sales weakened at Olive Garden and its fine dining restaurants. NextEra Energy […]
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Stock futures rise as traders weigh Fed’s super-sized rate cut: Live updates
A trader works on the trading floor at the New York Stock Exchange following the Federal Reserve rate announcement on Sept. 18, 2024. Andrew Kelly | Reuters U.S. stock futures rose Wednesday night as traders digested the Federal Reserve’s earlier decision to lower interest rates by a half percentage point. Dow Jones Industrial Average futures […]
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Stock futures are little changed as investors await major Fed decision: Live updates
A specials trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2024. Brendan Mcdermid | Reuters Stock futures are little changed Sunday night as investors await the Federal Reserve’s highly anticipated policy meeting, during which central bankers are expected to cut rates […]
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A big Fed meeting looms in the week ahead as economic concerns percolate
It’s finally here. The Federal Reserve is set to meet Tuesday and Wednesday — and is is widely anticipated to make its first interest rate cut after embarking on a hiking campaign in March 2022. Back then, the overnight lending rate was anchored near zero; now, it’s at 5.25% to 5.5%. It’s a long-awaited meeting […]
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U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree
A pilot performs a walkaround before a United Airlines flight Leslie Josephs/CNBC U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of Transportation. Now the industry is cooling its hiring. Airlines are close to their […]
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Washington Commanders strike stadium naming rights deal with Northwest Federal Credit Union
Washington Commanders fans celebrate after NFL team owners unanimously approved Josh Harris’ purchase of the team from Daniel Snyder, at The Bullpen’s “Burgundy and Sold” party on July 20, 2023. Julia Nikhinson | The Washington Post | Getty Images The home of the Washington Commanders just got a new name. The team’s stadium will be […]
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UPS shares slide on earnings miss, guidance cut
A person walks into a UPS (United Parcel Service) customer center on April 1, 2024 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday reported profit and revenue for the second quarter that came in below expectations and cut its 2024 revenue guidance. The company’s shares were down 9% in […]
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