: Raymond James upgrades FedEx to outperform from market perform
Raymond James analyst Patrick Taylor Brown on Thursday upgraded FedEx Corp. FDX to outperform from market perform on bullish sentiment around its recent investor event...
: RPM International stock falls premarket as soft guidance offsets earnings beat
RpM International Inc.’s stock RPM slid 5% in premarket trade Thursday after the paint and building materials company’s below-consensus guidance offset a fiscal third-quarter earnings...
: Polestar delivers about 12,000 vehicles in first quarter
Swedish electric-vehicle company Polestar Automotive Holding UK PLC PSNY said Thursday that it delivered about 12,000 vehicles in the first quarter, up roughly 26% from...
: Constellation Brands stock falls after revenue falls short of estimates
Constellation Brands Inc.’s stock STZ slid 0.8% in premarket trade Thursday, after the drinks company’s fourth0-quarter revenue fell short of estimates. The company posted net...
: U.S. employers cut 89,703 jobs in March, a 15% increase from prior month
Challenger, Gray & Christmas Inc. said Thursday that job cuts at U.S.-based employers totaled 89,703 in March, up 15% from the prior month, with more...
: Levi Strauss tops profit and revenue estimates and backs guidance
Levi Strauss & Co. LEVI said Thursday it had net income of $115 million. or 29 cents a share, for its fiscal fourth quarter through...
: United Airlines international bookings increase by 15% over year-ago, stock climbs in premarket
United Airlines Holdings Inc. UAL said Thursday that international bookings are up 15% in March from year-ago. The carrier said it has expanded its international...
Airlines’ answer for congested airports and rising costs: Bigger planes
Airlines are turning to bigger planes that fit more travelers to handle strong demand.
Layoffs are up nearly fivefold so far this year with tech companies leading the way
Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month.