Month: December 2019

A FedEx employee loads up deliveries in San Francisco. Getty Images “Face plant” and “awful” aren’t descriptors CEOs want to hear after reporting quarterly profit numbers. But FedEx’s second-quarter results were so bad — the profit decline so steep — that such severe language is not only justified, but it wouldn’t be surprising to see
0 Comments
Getty Images FedEx shares slipped more than 4% in extended trading Tuesday after the shipping giant posted weaker-than-expected earnings in the second quarter. Here’s how the company compared with Wall Street’s expectations, according to Refinitiv consensus estimates: Adjusted earnings per share: $2.51 vs. $2.76 expected Revenue: $17.3 billion vs. $17.58 billion expected Amazon‘s foray into
0 Comments
An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. Lindsey Wasson | Reuters Boeing will still burn more than $1 billion a month even after halting 737 Max production, according to J.P. Morgan. Boeing’s decision to stop suspend production of
0 Comments
Getty It’s the fourth day of my 12 Days of Charitable Giving for 2019. Readers have suggested deserving charities over the past few weeks, and I’ll be posting the results here. Today’s charity is Food To The Rescue (FTTR). According to recent studies, one in five children in Middle Tennessee does not know where their
0 Comments
Dining room CARY HOROWITZ Ex-Bear Stearns co-president is still trying to unload his historic, double-wide mansion in Greenwich Village. Having listed the house for $59.5 million several times since February 2017, the price was dropped to $50 million last week. The property has a storied history in finance, along with academia, that dates back to
0 Comments