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Wall street loves fedex's cost cuts and plans to combine networks. but here's where some analysts say it could get messy
Wall Street analysts heaped praise on package-deliverer FedEx Corp.'s plans to slash more costs and bri...
April 6, 2023, 7:21 pm
Bank of america downgrades us lithium producer albermarle, slashes price target
Depressed lithium prices have caused Bank of America to downgrade US producer Albemarle to Underperform. The bank also cut its earnings forecast for A...
April 6, 2023, 11:32 am
Slate: another office reit slashes dividends
The pains and pressures of office REITs have been palpable for some time. With Slate, just like with True North Commercial REIT, the writing was on th...
April 6, 2023, 10:56 am
Fdx stock rises out of buy zone on fedex dividend hike, major reorganization
FedEx hiked its dividend and will embark on a major reorganization, part of its plan to slash billions ...
April 5, 2023, 8:51 am
What's next for tesla after mixed q1 delivery report?
Tesla reported delivery numbers for Q1 2023, indicating that deliveries grew by about 36% year-over-year to 422,875 cars after it ...
April 5, 2023, 7:00 am
Apple to slash some corporate retail jobs in rare layoffs: reports
Apple CEO Tim Cook has described layoffs as a “last resort kind of thing."...
April 4, 2023, 10:22 am
Johnson matthey earnings under pressure as platinum drops
Johnson Matthey PLC (LSE:JMAT) has had its earnings forecasts slashed by analysts at Jefferies due to ...
April 4, 2023, 8:41 am
2023 layoff tracker: hyland software laying off 1,000 staff as mcdonald's reportedly cuts ‘hundreds'
Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic ...
April 3, 2023, 6:13 pm
Opec slashes production: the start of a new oil bull market?
Oil prices jumped 5% overnight as OPEC+ announced a surprise production cut of 1.65 million barrels per day. The cut will start in May and last throug...
April 3, 2023, 1:21 pm
Apple likely to boost its dividend and stock buybacks yet again
The iPhone maker has been increasing its dividend for the last 10 years—and slashing share count for ...
April 3, 2023, 12:57 pm
Ubs credit suisse takeover: now with added job cuts
UBS's Swiss government-brokered takeover of domestic rival Credit Suisse could see UBS's headcount slash...
April 3, 2023, 6:34 am
Ubs may slash up to 30% of workforce following credit suisse takeover: report
Swiss investment bank UBS Group AG is preparing to lay off as many as 36,000 people in the wake of its takeover of rival Credit Suisse — significant...
April 2, 2023, 8:33 pm
Tesla sales jumped in the first quarter
The electric car company's decision to slash prices appears to have paid off in reviving demand....
April 2, 2023, 12:11 pm
Analyst: generac stock's risk reward may skew to downside
Generac Holdings Inc. (NYSE:GNRC) stock was last seen down 6.1% at $105.14, after BofA Global Research downgraded it to "underperform" from "neutra...
March 31, 2023, 10:49 am
Universal music group extends ceo's contract, slashes salary after 2022 profit drop
Universal Music Group NV said it will extend Lucian Grainge's contract as chief executive for five years and amend it after profit dropped in 2022....
March 31, 2023, 2:27 am
Seagate (stx) further slashes workforce to boost cost savings
Seagate (STX) expects to generate annualized savings from this expanded restructuring plan in the range of $40-$45 million, beginning from the fourth ...
March 30, 2023, 9:08 am
2023 layoff tracker: warner music cuts 270 jobs while electric car company lucid slashes 1,300
Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic ...
March 29, 2023, 12:05 pm
Tesla expected to hit 420k deliveries in first quarter of 2023
Tesla Inc (NASDAQ:TSLA) first-quarter delivery numbers are expected to have increased to 420,000 when the company publishes this weekend, despite losi...
March 29, 2023, 11:53 am
3 stocks that slashed their dividend payments in 2023
Intel, Algonquin, and Healthcare Services all slashed or suspended their dividends. Underwhelming finan...
March 29, 2023, 10:15 am
Parnassus on vf corp's dividend cut and outlook
VF Corp. ( VFC , Financial), the owner of several prominent fashion brands, offered a very high dividend yield of 8.70% for a very short period of tim...
March 28, 2023, 10:47 am