FedEx Reports Earnings; Adobe Heats Up; La-Z-Boy Bounces

First up is FedEx (FDX), which just reported quarterly results at 7:30 this morning. The company more than delivered on earnings posting $2.13 a share when estimates were for $1.96. As for revenues, they were in line with expectations. The … Continue reading → More: continued here

Read More »

Royal Mail workers vote against sell-off

LONDON (Reuters) – Royal Mail workers backed union opposition to plans to privatise the state-owned postal group on Wednesday, a stark reminder for potential investors that there will be no warm welcome if and when the firm changes hands. The Communication Workers Union (CWU) sent consultative ballot papers to 112,000 …

Read More »