Check out the companies making headlines after the bell on Thursday: FedEx – Shares of the delivery service ticked up 3.6% after the company announced fiscal third-quarter results that topped analyst expectations. FedEx posted earnings per share of $3.47 on revenue of $21.51 billion. Analysts polled by Refinitiv expected earnings per share of $3.23 on revenue of $19.97 billion. The […]

(Reuters) – Thousands of opponents of military rule in Myanmar marched in the town of Natmauk, the birthplace of revered national hero Aung San, on Thursday in defiance of a crackdown by security forces, local media reported.Protesters run during a crackdown of an anti-coup protests at Hlaing Township in Yangon, Myanmar March 17, 2021. Picture taken March 17, 2021. REUTERS/StringerDemonstrations […]

NEW YORK (Reuters) – Oil prices plunged for a fifth day in a row on Thursday, posting their biggest-one day declines since last summer on growing worries about rising COVID-19 cases in Europe and the strengthening U.S. dollar.FILE PHOTO: Crude oil is dispensed into a bottle in this illustration photo June 1, 2017. REUTERS/Thomas White/IllustrationSeveral large European economies have had […]

TIAA CEO Roger Ferguson emphasized the benefits of a diverse and inclusive workplace. The firm’s practices have enabled it to put together a highly rated fund family. The Covid-19 pandemic has highlighted and exacerbated wealth disparities in the U.S. Diversity in the workplace isn't just the right thing to do, it's also the most profitable thing to do, outgoing TIAA […]

WASHINGTON (Reuters) – U.S. officials are looking for China to change its behavior if it wants to reset sour relations as the two sides prepare to meet in Alaska on Thursday, but Beijing has warned that Washington is full of illusions if it thinks it will compromise.FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company […]

FILE PHOTO: Asa Wernsten works at a coronavirus disease (COVID-19) test station for the for arriving passengers at Arlanda airport, north of Stockholm, Sweden February 22, 2021. TT News Agency/Claudio Bresciani via REUTERS STOCKHOLM (Reuters) – Sweden, which has shunned lockdowns throughout the pandemic, registered 6,467 new coronavirus cases on Thursday, health agency statistics showed. The country of 10 million […]

Since Federal Reserve Chair Jerome Powell’s press conference on Wednesday, the yield on the 10-year Treasury Note has added 10 basis points, rising to around 1.75% early Thursday morning. Rising yields were “spooking” some investors ahead of Powell’s press conference, according to growth investor Louis Navellier. In his Market Commentary for Wednesday, Navellier noted that despite inflation fears, Tuesday’s auction […]

(Reuters) – Dollar General Corp indicated the roll out of vaccines and a reopening economy would lead to a bigger-than-expected slowdown from a pandemic-fueled rush for discounted groceries, as it forecast annual sales and profit below estimates.FILE PHOTO: A sign is seen outside a Dollar General store in Chicago, Illinois, U.S. May 23, 2016. REUTERS/Jim YoungThe company’s shares, which have […]