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Month: December 2020

Europe, Asia turn red as the world isolates a contagious UK

The week started off on a sour note in the east as more details started pouring in regarding the new…

Earnings calendar for the week of December 21

With positive developments on the vaccine front giving fresh hopes of markets reopening, major stock indexes continued their rally this…

FedEx (FDX) benefits from strong growth in ecommerce

FedEx Corp. (NYSE: FDX) saw its stock drop over 5% on Friday despite the company reporting strong earnings results a…

Virus-driven tech boom fuels M&A activity in 2020

Wall Street witnessed lesser number of M&A deals in 2020 compared to last year, but there were some high-value transactions…

General Mills (GIS): At-home food demand and opportunities in pet food will drive future growth

Shares of General Mills Inc. (NYSE: GIS) traded in red during midday hours on Friday. The stock has gained over…

Rite Aid Corporation (RAD) Q3 2021 Earnings Call

Rite Aid Corporation (NYSE: RAD) Q3 2021 earnings call dated Dec. 17, 2020. Corporate Participants: Trent Kruse — Senior Vice President, Investor…

FedEx Corp. (FDX) Q2 2021 Earnings Call

FedEx Corp. (NYSE: FDX) Q2 2021 earnings call dated Dec. 17, 2020 Corporate Participants: Mickey Foster — Vice President, Investor Relations Frederick W.…

BlackBerry (BB) reports mixed Q3 results

Blackberry Limited (NYSE: BB) reported third-quarter 2021 financial results after the regular market hours on Thursday. The software company reported…

Infographic: Highlights of Darden Restaurants’ (DRI) Q2 2021 earnings report

Darden Restaurants (NYSE: DRI) reported higher earnings for the second quarter of 2021, despite a decrease in sales amid historically…

Key highlights from FedEx (FDX) Q2 2021 earnings results

FedEx Corporation (NYSE: FDX) reported second quarter 2021 earnings results today. Revenues rose 19% year-over-year to $20.6 billion. GAAP net…