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The Latest Breaking News from Ravi Shanker

Why FedEx Stock Is Diving After It Broke This Decade-Long Trend

FedEx reported better-than-expected fiscal fourth-quarter late Tuesday but struck a cautious note on the earnings call amid economic uncertainty.

Investors Business Daily

United Airlines Trips Airline Stock Rally On Wall Street Surprise

United Airlines stock moved higher Tuesday after earnings.

Investors Business Daily

Delta Air Lines Reports Earnings Surprise But Says 'Growth Has Largely Stalled'

Delta Air Lines reported Q1 earnings Wednesday.

Investors Business Daily

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FedEx Stock Sinks After Cutting Its 2025 Profit Expectation Once More. This Is Why.

FedEx reported fiscal third-quarter earnings and revenue after the market closed Thursday, announcing it revised lower its 2025 profit outlook.

Investors Business Daily

FedEx Stock Retreats After 'Market Cheers' Freight Spin Off

FedEx stock has outperformed UPS in 2024.

Investors Business Daily

FedEx Leads S&P 500 After Surprise Earnings Growth Shocks Wall Street

Analysts expected a FedEx earnings miss even as the global shipping outlook appears more positive.

Investors Business Daily

Delta 2023 Earnings Grew 95% But The Air Carrier Isn't Expecting Much EPS Growth In 2024

DAL stock gained 22% in 2023. Morgan Stanley has Delta as its top airline pick in 2024.

Investors Business Daily

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Alaska Airlines Incident Puts Airline Stocks Under The Microscope

DAL stock is a top pick for 2024 and American Airlines stock received an upgrade Monday following ALK's in-flight incident.

Investors Business Daily

UPS Stock Skids As Labor Deal Details Trim Shipping Giant's Outlook

UPS reported mixed second-quarter financials and that the recent labor deal could reduce 2023 revenue.

Investors Business Daily

Shipping Bellwether Rockets As Profit Slows; UPS Q2 On Deck

Logistics leader XPO profit falls less than expected, but fuel surcharges dwindle. Is that a signal for Tuesday's UPS stock earnings?

Investors Business Daily

Read How Analysts Reacted To Potential GXO - Clipper Logistics Deal

Citi analyst Christian Wetherbee is "constructive" on GXO Logistics Inc's (NYSE:GXO) purchase of Clipper Logistics in a deal valued at $1.3 billion, split between cash and stock. Wetherbee maintained a Buy rating on the shares with a price target of $110. The analyst likes the "high-growth nature" of Clipper's business, saying it is underpinned by…

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