FedEx raises dividend 10%, but the new yield is less than half that of rival UPS
FedEx announced Monday a 9.5% increase in its quarterly dividend, which has now more than doubled in three years.
FedEx announced Monday a 9.5% increase in its quarterly dividend, which has now more than doubled in three years.
The stock market’s “fear gauge” is broadcasting a rosy outlook for the S&P 500. But beneath the surface, individual member stocks are increasingly going their own way.
Monster Beverage Corp. said Monday that it has completed its tender offer to buy back $3 billion worth of its shares, including about $24 million worth of shares that were owned by co-Chief Executives Rodney Sacks and Hilton Schlosberg.
The company will list on NYSE or Nasdaq later this year or early in 2025 as “NMAX.”
The stocks and funds popular among top performing investment newsletters
The S&P 500 is on the cusp of its 26th record close of 2024 ahead of two important updates on inflation and rates.
As media and entertainment giant Paramount Global lurches toward a possible sale, yet another offer could be in the works — this one from onetime media executive Edgar Bronfman Jr., with the backing of private equity firm Bain Capital.
Recent winners that are expected to continue rapid expansion include Wingstop, Domino’s and Chipotle, while Starbucks is expected to get its house in order.
Average price per gallon falls to $3.40 on Monday, the lowest June level since 2021, says GasBuddy’s Patrick De Haan
Stronger growth in the U.S. economy is positive for the stock market, “as long as inflation remains in check,” according to BofA Global Research.
Advertising, online third-party marketplace sales and fulfillment services now account for about 80% of operating profit in the U.S.
“She said her ideal date was a man who would give her a choice of three restaurants to choose from and who would take charge of the date.”
Inflation has slowed, unemployment remains subdued and wages continue to rise. So why are Americans still feeling so downbeat about the economy?
FuelCell’s stock got a slight lift Monday after the fuel-cell-technology company reported fiscal second-quarter results, but the boost was not enough to get the stock out of delisting territory.
Nvidia’s stock is set to open Monday near $120, a function of the company’s 10-for-one stock split that was enacted after Friday’s close.
Musk says that “roughly 90% of retail shareholders” support a plan to give him a $56 billion bonus this week.
Truist analysts say it’s time to “indulge in an underappreicated story.”
The software company reports earnings on Thursday.
Perion’s stock was down 23% on reduced revenue outlook.
Just two months after pulling plans for a deal, the online retailer of baby products is again filing for an IPO.