by Jamie Johnson | Sep 18, 2019 | Markets
The company’s shares fell more than 10% in premarket trading. On Wednesday, Wall Street analysts turned on FedEx after the company failed to deliver on its latest earnings report. Analysts from four different firms downgraded the stock after learning it missed its...
by Dorian Holden | Sep 18, 2019 | Markets
Kraft Heinz got squeezed. And unfortunately, there doesn’t appear there’s anything to get excited about. Granted, it is Kraft Heinz. They’re not going out of business. But investors want nothing to do with it. In fact, 3G Capital – the company’s second largest...
by Dorian Holden | Sep 18, 2019 | Markets
No one likes a horrendous earnings surprise. But that’s what FedEx shareholders were given late last night. Last checked, shares are down more than $18 a share after an earnings miss on trade worries, and the loss of Amazon.com as a customer. Adjusted EPS...
by Jamie Johnson | Sep 17, 2019 | Markets
Will Home Depot’s massive investments limit the company going forward? Generally, business investments are seen as a positive but not everyone is impressed by Home Depot’s massive investment plan. On Tuesday, the company was downgraded by Guggenheim out of fear that...
by Dorian Holden | Sep 17, 2019 | Markets
Oil prices are suddenly plunging. Just days after an attack knocked out 5.7 million barrels of crude production in Saudi Arabia, oil prices are pulling back on reports that production will return to normal faster than expected. In fact, crude is now down nearly 5% on...
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