FedEx could unlock $10-20bln in shareholder value from potential freight spin-off
FedEx Corporation (NYSE:FDX) could unlock $10 billion to $20 billion in incremental shareholder value by spinning off its freight business into a standalone company, Barclays (LON:BARC) analysts said ...
Stocks Take Bumps, Bruises from Proposed Trade Policy
Stocks in Canada’s largest centre fell on Tuesday, hurt by energy shares, as U.S. President-elect Donald Trump's pledge to impose big tariffs on top U.S. trading partners, including Canada, weighed on ...
TSX Hammered in First Hour
Markets in Canada plunged in the first hour on Tuesday, as market worries overtook traders concerning U.S. President-elect Donald Trump's tariff pledges on top U.S. trading partners, including Canada.
Kohl's shares dive 20% as Q3 results miss estimates, guidance slashed
Kohl’s Corp (NYSE:KSS) shares plummeted nearly 20% in premarket trading Tuesday after the retailer reported disappointing third-quarter results and significantly lowered its full-year outlook, citing ...
Best Buy Plummets After Cutting FY Sales Forecast
Best Buy (NYSE:BBY) on Tuesday cut its full-year sales forecast as it missed Wall Street’s quarterly revenue expectations and ...
Citi upgrades Chevron to ‘buy’ on valuation gap, 'superior growth' prospects
Citi on Tuesday upgraded Chevron Corp (NYSE:CVX) to “buy” from “neutral” on valuation gap with peer, with upside from exploration in Namibia and the resolution of the Hess arbitration in 2025. Despite ...
Amgen’s Obesity Drug Making Waves
Amgen (NASDAQ:AMGN) on Tuesday said its experimental weight loss injection helped patients with obesity lose up to 20% of their weight on average after a year in a critical mid-stage trial, as the ...
Abercrombie & Fitch’s Financial Results Beat Across The Board
Clothing retailer Abercrombie & Fitch (ANF) has issued financial results for this year’s third quarter that beat analyst estimates across the board. The Ohio-based company has reported earnings per ...
Starbucks Coffee Chain Hit By Ransomware Attack
A ransomware attack on one of Starbucks’ (SBUX) software vendors has disrupted the coffee chain’s U.S. operations. Employees ...
Investors Expect Toronto Stock Exchange To Rise 4.5% In 2025: Poll
A new poll by the Reuters news agency has found that portfolio managers and other professional investors expect the Toronto ...
Warning: DIS, AXON, Netflix, and Blackstone are Overbought
Investors holding stocks on the S&P 500 (SPY) may refer to RSI, or relative strength index, to gauge overbought conditions.
Why Petrobras is the Energy Stock To Buy
Analysts are growing increasingly bearish on the prospects of the energy sector ahead of the Trump Administration’s ...