FedEx Corp. on Tuesday said it planned to slash an extra $1 billion in costs beyond what it outlined in September, bringing those total expected cuts to roughly $3.7 billion, Read more
Tag: Target
Target stock tumbles 14% after big profit miss, downbeat same-store sales outlook
Shares of Target Corp. TGT, +3.95% tumbled 14.0% in premarket trading Wednesday, after the discount broadline retailer reported fiscal third-quarter profit that was well below expectations even as revenue beat, Read more
Aurora Cannabis reports bigger loss than expected, but execs stick with profit target
Aurora Cannabis Inc. on Thursday reported a bigger quarterly loss and lower sales than expected, but the Canadian pot producer stuck with its target of hitting an adjusted measure of Read more
Midterm elections: State ballot measures target gig work, immigration, abortion and more
State ballot measures aren’t generating as many headlines as this year’s key congressional races, but some are worth tracking as they touch on the gig economy, immigration and more. “Though Read more
Telefonica backs target, dividend as it brings in $10.08 billion in revenue
Telefonica SA backed its financial targets and dividend for the year after it reported higher third-quarter revenue on improving handset sales as well as a boost from foreign exchange moves. Read more
Bank of Canada remains ‘far’ from reaching 2% inflation target
OTTAWA — Bank of Canada Gov. Tiff Macklem told Canadian lawmakers Tuesday that the central bank remains “far from the goal” of reaching 2% inflation while reiterating the central bank’s Read more
Russian defense minister insists Ukraine infrastructure is military target
#ukraine #defenseminister #russian
Biden administration announces effort to target ‘junk fees’ at banks
The Biden administration on Wednesday rolled out new measures aimed at what it described as two practices involving “junk fees” at banks KBE, +0.97%. The White House said in a Read more
Tesla isn’t immune to a spending slowdown, Morgan Stanley says while cutting price target
One Tesla Inc. bull is feeling a little less bullish Monday, as he digests the outlook for the electric-vehicle company. Tesla’s TSLA, -1.49% latest earnings surprised Morgan Stanley’s Adam Jonas, Read more
Opinion: Elon Musk pumps Tesla stock with ridiculous $4 trillion target. Is a dump coming next?
Another Tesla Inc. earnings call, and another fanciful Elon Musk prediction that likely encouraged yet another open file at the Securities and Exchange Commission on Wednesday. The chief executive of Read more