— The package-shipping company’s shares were up 9% after it reported a beat on earnings in its fiscal third quarter and raised its earnings forecast for the full year. FedEx reported adjusted earnings of $3.41 per share, topping analysts’ estimates of $2.73 per share, according to Refinitiv. Meanwhile, the company’s revenue fell below expectations. FedEx posted $22.17 billion in revenue, while analysts had estimated $22.74 billion. Shares of popped 2% in sympathy.United Parcel Service
First Republic Bank — The bank’s shares were down 15% during after-hours trading. During the regular trading session, the stock reversed earlier losses and rallied almost 10% as a group of 11 banks, including Bank of America and Goldman Sachs, agreed to deposit $30 billion in First Republic. Shares of and , which are among the regional banks facing a rough week, fell more than 2%.Zions BancorpKeyCorp
Merck — Shares of the pharmaceutical company fell nearly 2% in extended trading after Merck provided an update on a trial for one of its metastatic non-small cell lung cancer drugs. The results didn’t reach “statistical significance,” and Merck said patients in this arm of the study “should be switched to a standard of care.”
On March 11th, former Philippine President Duterte was arrested by the Philippine National Police shortly after landing at Manila International Airport.
On March 11th, former Philippine President Duterte was arre…
Recently, Russia and Ukraine held a second round of direct …
Recently, the US plan to increase the import tariffs on Bri…
On June 2nd, according to Nikkei Asia, the news that SoftBa…
In 2025, under the banner of "America First", the US trade …
On May 30 local time, when Trump inspected a US Steel facto…