21 June, 2016 by The TZ Newswire Staff Comments Off on FedEx Earnings: Another Successful Year in the Books
FedEx Earnings: Another Successful Year in the Books
On Tuesday afternoon, FedEx (NYSE: FDX) reported a modest net loss of $0.26 per share for the fourth quarter of its 2016 fiscal year. The loss was driven by a $1.5 billion pre-tax charge related to changes in the company’s pension liability.
However, on an adjusted basis, FedEx’s earnings per share soared to $3.30 for Q4, up 24% year over year and slightly ahead of the average Wall Street analyst estimate of $3.28. In short, it’s the end of another successful year for FedEx.
21 June, 2016 by The TZ Newswire Staff Comments Off on MarketWatch First Take: Elon Musk has massive conflict of interest in Tesla-SolarCity deal, but that won’t stop it
MarketWatch First Take: Elon Musk has massive conflict of interest in Tesla-SolarCity deal, but that won’t stop it
Chief Executive Elon Musk offered to buy Chairman Elon Musk’s company on Tuesday, but investor Elon Musk is sitting out the decision-making process.
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21 June, 2016 by The TZ Newswire Staff Comments Off on Burning Down The House
Burning Down The House
Submitted by Jeff Thomas via InternationalMan.com,
Recently an article appeared in Forbes magazine that recommended a universal basic income (UBI) for all citizens. The writer, who is from the UK, argues that:
21 June, 2016 by The TZ Newswire Staff Comments Off on Brexit – we’ve had a poll of polls, now a newspaper of newspapers
Brexit – we’ve had a poll of polls, now a newspaper of newspapers
Here is a snapshot of many newspaper headlines in Britain – the front pages for Wednesday morning (UK time), which will bring us one day closer to vote day.
With thanks to Ryan for sending me the link. (If you can’t get enough Ryan, more here, check it out: )
21 June, 2016 by The TZ Newswire Staff Comments Off on Highlights From the Stock Market Today
Highlights From the Stock Market Today
Stocks rose in volatile trading on Tuesday. The Dow Jones Industrial Average (DJINDICES: ^DJI) gained 24 points or 0.1%, and the S&P 500 (SNPINDEX: ^GSPC) rose 6 points, or 0.3%:
21 June, 2016 by The TZ Newswire Staff Comments Off on 7 Financial Firms to Build Post-Trade Blockchain for Small Businesses
7 Financial Firms to Build Post-Trade Blockchain for Small Businesses
Seven financial institutions have partnered to explore how blockchain tech could benefit small enterprises.
21 June, 2016 by The TZ Newswire Staff Comments Off on Here’s Why Weight Watchers Is Down 35% This Year
Here’s Why Weight Watchers Is Down 35% This Year
Image Source: Getty.
Oprah Winfrey has shown that she can bring a company media attention, but she has not shown that she can move the needle when it comes to sales.