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FedEx shares gain for a second straight session on Friday, company will not charge extra fees for most deliveries in peak season

August 6, 2018 7:28 am
According to an announcement by FedEx Corporation (FDX) on Friday, it, unlike rival United Parcel Service Inc, would not charge additional fees for the majority of home deliveries during the busy holiday shopping season. An exception will be unauthorized or over-sized packages as well as those requiring additional handling. FedEx shares closed higher for a […] Read more

Qualcomm shares gain for a third straight session on Thursday, company to generate $1 billion in sales outside core business

August 3, 2018 8:23 am
According to an announcement by Qualcomm Incorporated (QCOM) on Thursday, the company expects to generate over $1 billion in sales outside its main business during the current fiscal year. These areas include sales of semiconductor chips for smart watches, connected speakers as well as other devices. The shares of Qualcomm Incorporated closed higher for a […] Read more

Procter & Gamble shares close lower on Wednesday, quarterly sales fall short of expectations as grooming unit results weigh

August 2, 2018 10:25 am
Procter & Gamble Companys (PG) fiscal fourth-quarter sales, reported on Tuesday, fell short of market expectations, dragged down by weaker performance in the companys grooming business. Procter & Gamble shares closed lower for the second time in the past seven trading sessions in New York on Wednesday. The stock edged down 0.28% ($0.23) to $80.65, […] Read more

United Parcel shares gain for a second straight session on Tuesday, company to develop electric medium-duty delivery truck with LA-based Thor Trucks

August 1, 2018 7:36 am
United Parcel Service Inc (UPS) announced earlier this week that it would develop an electric medium-duty delivery truck in cooperation with electric commercial vehicle startup Thor Trucks Inc headquartered in Los Angeles. The truck is to have a driving range of approximately 100 miles and will be deployed later in 2018. United Parcel shares closed […] Read more

Caterpillar shares fall for a second straight session on Monday, second-quarter earnings top estimates, full-year earnings forecast revised up

July 31, 2018 9:52 am
Caterpillar Incs (CAT) second-quarter profit, reported on Monday, outstripped Wall Street estimates, which urged the company to revise up its full-year 2018 earnings forecast. Caterpillar shares closed lower for a second consecutive trading session in New York on Monday. It has also been the steepest daily loss since July 11th. The stock went down 1.97% […] Read more

Exxon Mobil shares fall the most in three months on Friday as second-quarter earnings fall short of expectations due to refinery renovation projects

July 30, 2018 10:17 am
Exxon Mobils second-quarter earnings, reported on Friday, came in below Wall Street estimates as a result of lower production and multiple refinery renovation projects in Texas, Canada, France and Saudi Arabia. Exxon Mobil shares closed lower for the first time in the past five trading sessions in New York on Friday. It has also been […] Read more