2 months ago1 min

Your Daily Brief For March 20th

Your Daily Brief For March 20th

2 months ago1 min

Your Daily Brief For March 20th

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at FedEx's latest results out late last week.

"FedEx is still seeing demand weakness continue, but its cost-cutting measures helped offset any hit to profit. That – together with a better-than-expected outlook – was enough for investors to send its stock soaring."

Key takeaways:

  • Logistics giant FedEx shipped a gift to shareholders
  • ​​Cash-strapped banks have run cap in hand to the Federal Reserve
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