September 16, 2022 | Daily JAM, Morning Briefing |
Yesterday, September 15 FedEx (FDX) preannounced a huge miss for the upcoming quarter (due to be reported on September 22) and withdrew its guidance for the full year. Researchers at Deutsche Bank said that it’s the worst report they’ve seen in two decades. “FedEx preannounced last night the weakest set of results we’ve seen relative to expectations in our ~20 years of analyzing companies,” the company’s analysts wrote in a note to clients.
April 16, 2019 | Daily JAM, Morning Briefing, Short Term |
This morning an unexpected decline in U.S. industrial production (for March) led the parade of indicators pointing to a slowing economy. Industrial production in March fell 0.1%. This comes after a 0.1% increase in February. Economists surveyed by Briefing.com had...
October 5, 2017 | Daily JAM, Notes You Need |
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