The PC maker beat revenue expectations for its latest quarter, while coming up short on a profit metric.
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This week’s aggressive Fed rate cut could provide some breathing space for distressed companies, notes one bankruptcy attorney.
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Dow surges to record as investors celebrate Fed’s ‘recalibration’ rate cut
Fed Chair Jerome Powell emphasized a policy “recalibration.” Investors like the sound of it.
Fed is more worried about labor market than Powell let on, William Dudley says
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FedEx stock falls as company narrows its full-year forecast
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.