Stocks making the biggest moves premarket: General Mills, FedEx, Adobe and more

Check out the companies making headlines in the premarket. General Mills — Shares of General Mills added 1.7% in the premarket after the food company reported better-than-expected quarterly earnings. General Mills posted adjusted earnings of 99 cents per share compared with the analyst consensus of 89 cents per share, according to StreetAccount. Quarterly revenue also… Continue reading Stocks making the biggest moves premarket: General Mills, FedEx, Adobe and more

FedEx is flashing a bearish technical sign ahead of earnings, according to chart

Wednesday after Cowen reiterated its outperform rating heading into the peak holiday shipping season. But, the stock has not delivered in recent months. The shares have fallen 13% this quarter, tracking for their worst since March 2020. This comes ahead of earnings next Tuesday. Bill Baruch, president of Blue Line Capital, sees a warning forming… Continue reading FedEx is flashing a bearish technical sign ahead of earnings, according to chart

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UPS, FedEx respond to India’s Covid crisis, mobilizing their logistics networks to deliver relief

Global logistics companies UPS and FedEx are providing critical aid to India as Covid cases there topped 20 million, including more than 222,000 deaths. UPS announced Wednesday that its philanthropic arm, The UPS Foundation, is pledging $1 million in aid to India in a mix of emergency funding, transportation of goods, technical expertise and the… Continue reading UPS, FedEx respond to India’s Covid crisis, mobilizing their logistics networks to deliver relief

Indianapolis Shooting Suspect Obtained Guns Legally, Police Say

The man who police say carried out a mass shooting that left eight people dead and several others injured at a FedEx facility in Indianapolis is said to have used two assault rifles in the attack, both of which were purchased legally. A Bureau of Alcohol, Tobacco, Firearms and Explosives trace revealed that the weapons… Continue reading Indianapolis Shooting Suspect Obtained Guns Legally, Police Say

Update: FedEx mass shooter identified as 19-year-old Brandon Scott Hole, who was a former employee of the company

Authorities in Indianapolis have identified the FedEx mass shooter who shot dead eight people at one of their facilities as 19-year-old Brandon Scott, who was a former employee of the company. Indianapolis Deputy Police Chief Craig McCartt identified the shooter as at a news conference on Friday evening, revealing investigators had searched a home in… Continue reading Update: FedEx mass shooter identified as 19-year-old Brandon Scott Hole, who was a former employee of the company

Gunman Kills 8 At FedEx Warehouse In Indianapolis

A man opened fire inside a FedEx warehouse facility late Thursday night in Indianapolis, killing eight people and injuring several others. The suspect is believed to have shot himself and is among the nine dead, according to police. The Indianapolis Metropolitan Police Department said in a statement that eight people were pronounced dead at the… Continue reading Gunman Kills 8 At FedEx Warehouse In Indianapolis

Stocks making the biggest moves after hours: FedEx, United States Steel, Scholastic & more

FedEx — Shares of the shipper slid more than 3% in after hours trading despite FedEx beating top and bottom line estimates during the second quarter. For the period the company earned $4.83 excluding items, on $20.56 billion in revenue. Analysts surveyed by Refinitiv expected $4.01 per share in earnings and $19.46 billion in revenue.… Continue reading Stocks making the biggest moves after hours: FedEx, United States Steel, Scholastic & more

REPORT: FEDEX THREATENS TO REMOVE SIGNAGE AT STADIUM… If Redskins Don’t Change Name

FedEx is SERIOUS about its fight to get the Washington NFL team to drop the “Redskins” name … the shipping company giant has now reportedly threatened to remove its signage from RFK Stadium. Washington has faced tremendous pressure over the last few weeks to move on from the team nickname … with sponsors all across… Continue reading REPORT: FEDEX THREATENS TO REMOVE SIGNAGE AT STADIUM… If Redskins Don’t Change Name

WASHINGTON REDSKINS FEDEX ASKS TEAM TO CHANGE NAME (Team Plays At FedExField)

Another HUGE development in the movement to change the name of the NFL’s Washington team … with a major business partner pushing to drop the moniker. FedEx — which has spent MILLIONS for the naming rights to FedExField in Maryland over the years — is joining major leaders and asking Redskins owner Dan Snyder to… Continue reading WASHINGTON REDSKINS FEDEX ASKS TEAM TO CHANGE NAME (Team Plays At FedExField)