With the TNT deal, FedEx is now the only logistics giant with strong networks in Europe, Asia and the U.S., says Stifel, Nicolaus and Co MD David Ross. » Read More
Stocks closed higher after a staging a late rally triggered partly by positive comments from the economist known as "Doctor Doom."
Stocks edged lower at the open as the market gave back some of its gains from this week's rally.
Cramer gives two big calls in the credit card industry, now that he's seen big signs of credit stabilization.
At least one big trader is buying puts in the IYT exchange traded fund, looking for the transport sector to take a dive.
It seems the moment of truth is upon us. On Wednesday Alcoa kicks-off what’s expected to be a critical earnings season for stocks.
U.S. stocks finished mixed Tuesday as a quick boost from a well-received Treasury auction fizzled and Boeing dragged on the Dow.
U.S. stocks turned mixed Tuesday after a quick boost from a well-received Treasury auction.
Stocks dipped Tuesday after a report showed home sales rose but not as much as expected but started to claw back almost immediately.
With the market stalling at 7-month highs is it time to game the losers?
So avoid these two stocks for now. Plus, get calls on the transports, school-loan firms and more.
If you’re a bull we might be rapidly approaching your exit. Powerful indicators suggest a correction is coming.
Stocks ended flat Wednesday as tech and consumer stocks rebounded but banks dragged after a credit downgrade on more than a dozen companies.
Stocks ticked higher Wednesday as consumer stocks rebounded after a tame inflation reading but banks still dragged after credit downgrade. FedEx skidded after it issued a weak outlook.
Investors were struggling on Wednesday to anticipate the ripples that are likely to be generated from President Obama’s new regulations to clamp down on Wall Street.
Stocks turned mixed Wednesday as investors digested a tame inflation reading against a weak outlook from FedEx. Banks dragged after a credit downgrade.
Stocks opened flat on Wednesday as investors weighed a tame inflation reading against a drop in mortgage applications and weaker-than-expected outlook from FedEx. Consumer prices rose just 0.1 percent in May, despite the rise in gasoline prices, after a flat reading in April. Read and listen to what the experts had to say…
"I think this is probably the March rally beginning to roll over, the question is how much of a correction does it turn into," Cashin told CNBC. "There's going to be a lot of jockeying around in the next few days."
FedEx's earnings weigh on futures. Federal Express, considered a bellweather for the economy, caused a 6-point drop in stock futures pre-open. Guidance of $0.30-$0.45 for the current (first) quarter is well below expectations of $0.68 due to the runup in jet fuel prices and an "extremely difficult" operating environment.
Futures pared their losses Wednesday after a tame inflation reading. Futures had started off the day on negative footing after FedEx delivered a lower-than-expected outlook and a report showed mortgage applications plunged last week. FedEx said its earnings outlook was lower than Wall Street anticipated.
Shipping giant FedEx reports earnings on Wednesday before the bell. Although the company is facing headwinds, is it all priced in?