Category: Stock News

FedEx Corporation reported a profit loss of more than 21.00% in its fiscal first-quarter financial report due to falling demand and economic headwinds. During its earnings call, the transport company outlined cost cuts of up

General Mills stocks rallied for two consecutive days after raising its annual full-year guidance following a better-than-expected quarterly profit. On Wednesday’s closing bell, the company’s shares rose by 5.72% to $79.72 apiece followed by a

Shares of Tencent Music Entertainment Group started its Hong Kong debut on a pretty high note, following a listing that saw no new shares or funds being sold or raised. The stock of the Chinese

PepsiCo Inc. has ended the production of its fizzy drinks in Russia, nearly six months after the US food and beverage giant announced plans to put its business in the country on hold following the

Stocks weakened in Asian markets on Monday, while the US dollar strengthened as investors anticipate global central bank meetings that are expected to result in higher borrowing costs worldwide, with the prospect of a significant

Shares of FedEx Corp. declined in extended trading on Friday after the US package delivery giant withdrew its full-year earnings forecast and warned of lower-than-expected results for the first quarter. FedEx stock fell 19.1% in

Shares of Hennes & Mauritz (H&M) AB edged lower on Thursday, as the Swedish clothing company lost momentum in its sales in the three months through August 31. H&M’s stock was down by 1.6% and

Asian stocks declined sharply on Wednesday, following a weak session on Wall Street, as investors’ optimism weakened after the US inflation read more than expected in August, signaling continued aggressive increases in the Federal Reserve’s