FDx FDX フェデックス

Atlantic Equities started off coverage on FedEx (FDX) with an Overweight rating and tagged UPS (UPS) with a Neutral rating on what it sees as diverging medium term outlooks. Read more.

https://www.investing.com/news/stock-market-news/atlantic-prefers-fedex-to-ups-due-to-diverging-medium-term-outlooks-432SI-3099249

MSG+ Win Boosts Harte Hanks Streaming Client Roster to 13 CHELMSFORD, MA / ACCESSWIRE / June 6, 2023 / Harte Hanks, Inc. (NASDAQ:HHS), a leading global customer experience company, today announced they were chosen as the customer support provider for MSG+, a new state-of-the-art streaming service from MSG Networks set to launch this summer. MSG Networks services America''s number one media market, the New York DMA, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania, telecasting hundreds of live professional games and a compelling lineup of critically acclaimed original programming. The MSG+ streaming platform will give sports fans access to MSG Networks'' exclusive coverage of their favorite teams wherever they are and on their favorite devices ranging from mobile and tablet to connected TVs. Upon launch, fans will be able to purchase monthly or annual subscriptions that will include MSG Network, MSG SportsNet and all MSG-produced Knicks, Rangers, Islanders, Devils, and Sabres games as well as other live sports, events and programming.

MEMPHIS, TN / ACCESSWIRE / June 6, 2023 / Specialized marketing options for the local and regional home services industry have increased with the launch of Search Marketing Pros. Founder and CEO, Ross Hornish, a digital marketing expert with over 10 years of experience in the corporate world, with a resume that includes leading a number of digital marketing efforts for major companies such as FedEx, AutoZone, Wunderman Thompson, Terminix, and ServiceMaster. Ross Hornish - CEO at Search Marketing Pros Ross Hornish - CEO at Search Marketing Pros "In 2023, digital marketing is the key to business success, especially with the potential for a looming recession," said Hornish. "With the launch of Search Marketing Pros, we are able to serve the Memphis community and beyond by being laser-focused on the services that matter the most to business owners looking to gain visibility and revenue." As a multidisciplinary digital marketing agency, Search Marketing Pros has a targeted objective: to increase the visibility of clients specifically in home services.

https://www.investing.com/news/pro/fedex-corp-receives-investment-bank-analyst-rating-update-3098811

Retail sales fell by more than expected in August as consumers cut spending in the face of rising prices.

https://www.investing.com/news/pro/fedex-pt-lowered-to-180-at-citi-432SI-2893411

The US equity market dropped to new local lows and below key support in late trading after Fedex reported a massive miss on profits and dropped its year-ahead-forecast, citing a marked deterioration in activity over the last quarter. Elsewhere, the US dollar rose, USDCNH traded well above 7.00 and US yields remained pinned near the cycle highs after a strong weekly jobless claims report but tepid August Retail Sales data. What is our trading focus? Nasdaq 100 (USNAS100.I) and S&P 500 (US500.I) US equities tried to tread water during the cash session yesterday but spilled lower and below the key local support (3,900 area in S&P 500 and 12,000 area in the Nasdaq 100) in late trading after Fedex reported a huge profit miss and dropped its forward revenue forecast (more below). The break below support sets the market on tilt on the quarterly “witching” day for index futures and options today. Hong Kong’s Hang Seng (HSIU2) and China’s CSI300 (03188:xhkg) Hang Seng Index fell 1% in early trading on a weakening Chinese Yuan, USDCNH surging to as high as 7.0350, but pared some losses to be down around half a per cent after the stronger than expected prints of China’s August industrial production, retail sales and fixed asset investment.

ING says demand for oil is holding up relatively well Bank of Japan monetary policy meeting next week - preview Both US President Biden & Iranian President Raisi will appear on US 60 Minutes Sunday National Australia Bank forecast a 50bp rate hike from the RBA on October 4 China August retail sales +5.4% y/y (expected +3.5%), Industrial production +4.2% (3.8%) Data dump from China coming at the top of the hour - economic activity data for August Japan Fin Min Suzuki says concerned about one-sided yen weakening Yuan falling further, offshore yuan circa 7.026 China August new home prices -0.29% m/m and -1.3% y/y PBOC sets USD/ CNY reference rate for today at 6.9305 (vs. estimate at 6.9228) Update on Biden to tighten technology exports to China even further RBA Gov Lowe says cash rate should at least average 2.5% over time More from RBA Gov Lowe says the Bank is closer to normal setting for rates RBA Gov. Lowe says inflation is too high Bank of England finds consumer inflation expectations have risen to their highest ever South Korea August unemployment rate, lowest ever recorded New Zealand data - BusinessNZ Manufacturing PMI for August rises to 54.9 Here are the 2 conditions that need to be met for the yen to bottom out, reverse its fall Drop in S&P500 futures upon reopening - FedEx withdrawing earnings forecast cited Forexlive Americas FX news wrap:The data dump in US worries mkts.

Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S.” FedEx CEO Raj Subramaniam warned in the release. “We are swiftly addressing these headwinds, but given the speed at which conditions shifted, first quarter results are below our expectations.”

Giving too much money to these giants? Then start collecting rent from them.

Monthly dividend stocks provide investors with a sense of stability and consistency, which is hard to come by in today’s volatile market environment. STAG Industrial ( STAG ): STAG Industrial primarily manages industrial estates. They have a huge selection of properties, providing income and growth. Realty Income ( O ): Realty Income Corporation is a real estate investment trust, or REIT, that invests in properties with single-tenant leases. Dynex Capital ( DX ): Dynex Capital invests in mortgage loans, making it much more stable than many REITs. Main Street Capital Corporation ( MAIN ): Investments in public business development companies (BDCs) like Main Street Capital provide you with a diversified portfolio. Apple Hospitality REIT ( APLE ): Apple Hospitality REIT owns many upscale hotels in the U.S. As the tourism industry makes a comeback, watch out for this one. S.L. Green ( SLG ): S.L. Green is one of the largest REITs and the leading office landlord in New York City. Pembina Pipeline ( PBA ): Pembina Pipeline is a Canadian company that operates pipelines and other facilities to transport oil and gas.

While large-capitalization firms are generally solid bets, during recessionary cycles, they’re liable for heart-wrenching drops, making them stocks to avoid. Apple ( AAPL ): Guaranteed to arouse anger, it’s nevertheless worrying that famed investor Michael Burry is short Apple. Tesla ( TSLA ): Another crowd favorite, TSLA is sure to rise again but for now, market conditions make it one of the large-cap stocks to avoid. Meta Platforms ( FB ): Neither the social media firm’s transition to the metaverse nor its core business looks appealing at the moment. Comcast ( CMCSA ): As competition in the digital entertainment space intensifies, CMCSA increasingly looks lost, thus being one of the stocks to avoid. Nike ( NKE ): Although it’s one of the world’s most recognizable brands, the market is sending bad signals for NKE, justifying its inclusion on this list of stocks to avoid. United Parcel Service ( UPS ): With competition intensifying and e-commerce declining as a whole, UPS is likely one of the large-cap stocks to avoid.

By the end of 2022, the container-shipping industry will have earned a staggering half a trillion dollars of operating profit from two years of supply-chain misery, estimates Drewry

Al-Muthana Al-Maktoum KUWAIT: National Investments Company held its Analysts Conference for the first quarter of 2022, on Wednesday, May 18th, which was attended by Girish Nair, NIC’s Chief Financial Officer, Bashar Khan, Senior Vice President – Investment Banking Sector, Al-Muthana Al-Maktoum, Executive Vice President – Wealth Management Sector, who presented a brief about the company and shed light on the positive financial results achieved in Q1 2022, which reflect the company’s exceptional performance and strong operational achievements that led to maintaining and strengthening its financial position, high quality assets and its ability to achieve sustained growth, this is all due to the effective strategy and its competent and experienced team. Financial position The company has announced a net profit of KD 15.4 million with earnings per share of 19.3 fils per share and other comprehensive income of KD 19.1 million through shareholders’ equity, which translated into a total comprehensive income of KD 34.5 million for the first quarter of 2022.