Your Daily Brief For March 20th

Your Daily Brief For March 20th

9 months ago1 min

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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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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