FedEx lowers full-year forecast post Q1 miss, shares drop 13%
FedEx (NYSE:FDX) faces sharp declines in Q1 earnings, missing targets and cutting full-year guidance amidst Federal Express struggles. Shares plummet 13% pre-market. Operating margins sag in key segment. Adjusted earnings per share for FY 2025 narrowed to $20.00-$21.00, with lowered revenue growth estimates. FedEx plans $1.5 billion stock repurchase. Read more
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“TikTok Faces Legal Battle with U.S. Justice Department Over Ban”
Stay informed on the escalating legal showdown between TikTok and the U.S. government over national security concerns. Explore the potential market impacts and implications for tech companies. Stay ahead of the curve with FMP's Company Rating API for insights and the Price Target API for stock price forecasts to navigate market uncertainties effectively. Read more
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India’s Amazon and Flipkart Antitrust Investigation Findings: Key Issues and Impact
Explore the latest CCI findings on Amazon and Flipkart's business practices, including preferential treatment to select sellers, deep discounts, and exclusivity deals. Dive into the implications for these e-commerce giants and the broader market as regulatory action looms. Stay informed on this evolving landscape with Financial Modeling Prep's financial analysis tools. Read more
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