FedEx downgraded by Bernstein: 'Bull thesis has been shredded'
Bernstein downgraded FedEx shares to market-perform from outperform on Wednesday.
Bernstein downgraded FedEx shares to market-perform from outperform on Wednesday.
Stocks gained on Wednesday as investors clung to hopes that the United States and China could yet agree some sort of trade deal, while the prospect of a last-minute Brexit agreement between the European Union and Britain seemed as remote as ever.
J.P. Morgan said the launch of streaming platform Disney+ and the aquistition of the Fox entertainment assets is causing near-term financial uncertainty.
The Organisation for Economic Cooperation (OECD) has proposed overhauling rules for taxing cross-border corporate income to bring them into line with the digital age.
Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under a proposed overhaul of decades-old rules.
Chinese video surveillance company Hikvision will only suffer a limited, short-term hit after being blacklisted by the U.S. government and will strive to get the ban lifted, its general manager said on Wednesday.
It was not up to the French state to interfere in management decisions at Renault , France's Finance minister said on Wednesday, following a report in business daily Le Figaro that the carmaker's CEO Thierry Bollore may be replaced soon.
Baird initiated coverage on Peloton with an outperform rating and $28 target, saying that while the company might not be profitable for 5 years, there's a "sizable potential market" and
New Thyssenkrupp chief executive Martina Merz on Wednesday paved the way for deeper job cuts at the ailing conglomerate, telling employees in an internal memo such a step was necessary for a much-needed turnaround.
American Airlines Group Inc said Wednesday it is extending cancellations of Boeing 737 MAX flights through Jan. 15 as regulators continue to extensively review proposed software changes to the grounded plane.
Roku has the potential to triple its user base in three years, growing internationally just like streaming giant Netflix did, according to Macquarie Research.
You have to start somewhere when it comes to emergency savings. The point is to get started with any amount at all.
France's Finance Minister Bruno Le Maire said proposals unveiled on Wednesday by the Organisation for Economic Cooperation and Development (OECD) for a global overhaul of digital taxation were "very good" and urged the body's members to reach a deal early next year.
Wall Street was set to rise for the first time in three sessions on Wednesday after latest media reports eased concerns over escalating trade tensions between the United States and China, ahead of high-level trade talks starting Thursday.
Hays Travel will buy all of Thomas Cook's British travel agent shops, potentially saving up to 2,500 jobs and providing a rare boost for high streets across the country.