FedEx’s aggressive cost cuts are beating weaker demand in battle
Shares of FedEx Corp. jumped after hours on Thursday after the package deliverer reported third-quarter results that beat expectations. Source
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Shares of FedEx Corp. jumped after hours on Thursday after the package deliverer reported third-quarter results that beat expectations. Source
China said Friday that Xi will visit Russia in the coming days in an apparent show of support for Putin. Source
SVB Financial Group said Friday it has filed for Chapter 11 bankruptcy in New York and will seek a court-supervised reorganization. Source
The stocks of the 11 banks that contributed $30 billion in uninsured deposits to embattled lender First Republic Bank on Thursday were all lower in premarket… Source
Shares of cryptocurrency-linked names were rallying sharply in Tuesday morning action as the prices of bitcoin and other digital assets rocketed. Source
The policy-sensitive 2-year Treasury note yield is on track to set another multiyear milestone on Tuesday, after February’s CPI data showed inflation remains… Source
U.S. stocks ended sharply higher in volatile trade on Tuesday, rebounding from their steep losses in the aftermath of the Silicon Valley Bank's fallout, as… Source
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Regional-bank stocks posted big gains Tuesday after huge losses in the previous session, but volatility continued following the demise of SVB and other banks. Source
While some of the hardest-hit regional bank stocks are posting record one-day rallies, the gains look a bit less impressive when compared with the beating… Source