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  • 09/22/2017 09:38:08

    CORRECTED-BRIEF-Deutsche Post DHL to raise prices for express service

    * Says to raise prices for express service by 4.5 percent worldwide, excluding USA, from 2018

  • 09/20/2017 16:38:52

    FedEx raises TNT integration costs by $75 million: filings

    (Reuters) - Package delivery company FedEx Corp said on Wednesday its expects to incur roughly $350 million in integration costs related to its acquisition of Netherlands-based TNT Express during 2018, some $75 million higher than previous estimates.

  • 09/20/2017 16:36:53

    UPDATE 2-FedEx raises TNT integration costs by $75 mln -filings

    Sept 20 (Reuters) - Package delivery company FedEx Corp said on Wednesday its expects to incur roughly $350 million in integration costs related to its acquisition of Netherlands-based TNT Express during 2018, some $75 million higher than previous estimates.

  • 09/19/2017 17:50:20

    FedEx profit falls 17 percent, hurt by TNT cyberattack

    FedEx said Tuesday that its first-quarter profit fell 17 percent, hurt by a cyberattack at its TNT Express business earlier in the summer that caused package delivery delays.

  • 09/19/2017 14:34:31

    FedEx shares down after earnings, company pins miss on cyberattack, Hurricane Harvey

    Shares of FedEx Corp. fell more than 3% late Tuesday after the logistics company reported fiscal first-quarter earnings below expectations, saying the quarter offered "significantly operational challenges" due to a cyberattack and Hurricane Harvey. FedEx said it earned $596 million, or $2.19 a share, in the quarter, down from $715 million, or $2.65 a share, in the year-ago period. Adjusted for one-time items, the company reported per-share earnings of $2.51, from $2.82 a share a year ago. Revenue rose to $15.3 billion in the quarter, from $14.7 billion a year ago. Analysts polled by FactSet had expected FedEx to report adjusted earnings of $3.09 a share on sales of $15.35 billion. Higher base rates were "more than offset" by reduced revenue and increased expenses resulting from the TNT Express cyberattack, TNT Express integration expenses, higher costs at FedEx Ground, a higher tax rate, and the impact from Hurricane Harvey, the company said in a statement. FedEx did not provide a fiscal 2018 GAAP earnings outlook, and lowered its 2018 adjusted fiscal-year forecast, saying it predicts earnings to be $11.05 to $11.85 a share for fiscal 2018. The earnings forecast before some pension accounting adjustments and excluding expenses related to the TNT Express integration and certain legal matters is $12 to $12.80 a share for fiscal 2018, the company said. The forecasts "assume moderate economic growth and continued recovery from the cyberattack," FedEx said. The shares ended the regular trading session 0.5% higher.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/19/2017 14:26:20

    FedEx quarterly profit falls

    (Reuters) - Package delivery company FedEx Corp on Tuesday reported a lower quarterly net profit due to service disruptions following June's Petya cyber attack on its Dutch delivery unit TNT Express and the impact of Hurricane Harvey.

  • 09/19/2017 14:01:35

    Verizon, American Express Lead DJIA Higher Tuesday


  • 09/15/2017 10:08:27

    BRIEF-American Express reports credit card stats for August‍​

    * USCS Card member loans net write-off rate – principal only 1.8 percent at August end versus 1.8 percent at July end ‍​

  • 09/11/2017 09:18:40

    Exclusive: EU regulators to voice concerns about Luxottica, Essilor deal - source

    BRUSSELS (Reuters) - EU antitrust regulators will meet Luxottica and Essilor this week to express concerns about their 46-billion-euro ($55.12 billion) merger, a person familiar with the matter said on Monday.

  • 09/08/2017 02:22:02

    Trinity Mirror in talks to buy Express owner

    The Daily Mirror owner says it is in talks to buy the owner of the Daily Express and Daily Star.

  • 09/08/2017 01:20:58

    Mirror in talks to buy Express owner

    The Daily Mirror owner says it is in talks to buy the owner of the Daily Express and Daily Star.

  • 09/06/2017 09:53:10

    Fatburger parent sets IPO price to raise $24 million

    Fat Brands Inc., the parent of the Fatburger chain of restaurants, filed Wednesday for an initial public offering of 2 million shares at $12 a share to raise up to $24 million. The company, which is also the parent of Buffalo's Cafe and Buffalo's Express chains, said it has applied for its stock to be listed on the Nasdaq under the ticker symbol "FAT." The company had initially announced plans to go public on Aug. 3, as it surveyed customers of their interest in investing in the IPO. The company said Wednesday in a statement emailed to MarketWatch that it was currently "testing the waters" for interest in its IPO and that it has filed with the SEC, but said it was "not yet qualified." The company would be going public at a tough time for the food industry, as the PowerShares Dynamic Food & Beverage ETF has lost 3.8% over the past three months and 4.5% year to date, compared with the S&P 500's gains of 1.4% over the past three months and 10.0% year to date.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/04/2017 11:31:50

    BRIEF-Nippon Express plans to raise 100 bln Yen in debt capital over two years - Nikkei

    Nikkei: * Nippon Express (NPEXF) plans to raise 100 billion Yen in debt capital over 2 years to consolidate Japanese warehouses, install labor-saving equipment - Nikkei.

  • 08/31/2017 09:18:35

    BRIEF-Boeing says seven new orders for week through August 29‍​

    * Boeing says seven new orders (SunExpress Airlines for seven 737s) for week through August 29, 2017‍​

  • 08/30/2017 13:29:29

    American Express targets debt-leery consumers with new card features

    NEW YORK (Reuters) - American Express Co is unveiling a new option that could tempt young, budget-conscious consumers into taking on credit card debt.

  • 08/27/2017 17:19:02

    GLOBAL MARKETS-Euro surges to 2 1/2-year after Draghi comments, oil up after Harvey

    * Euro jumps after Draghi fails to express concern over strength

  • 08/24/2017 10:00:53

    Wal-Mart launches first of two Express Money Services platforms

    Wal-Mart Stores Inc. said Thursday that it is launching Express Money Services in West Virginia, the first of two such "experiences" rolling out this year. Express Money Services is a new feature on the Walmart app that is combined with Express Lanes available in stores to help expedite transactions. Express Lanes are available at the majority of Walmart stores, the company says. Walmart is waiving fees on Walmart2Walmart domestic money transfers that start on the app through September 30 to celebrate the launch. The service is available for domestic and international money transfers to start, and will expand to include bill payments and check cashing. Wal-Mart says this express service is similar to one that will be available for pharmacy customers later this year. Wal-Mart shares are down 0.2% in Thursday trading, but up 15.5% for the year so far. The S&P 500 index is up 9% for 2017 to date, and the Dow Jones Industrial Average is up 10.4% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/23/2017 14:43:40

    Lowe's and Stryker fall while Express and Wal-Mart rise

    Lowe's and Stryker slide while Express and Wal-Mart Stores advance

  • 08/23/2017 11:06:04

    American Express to pay $96 mln over discriminatory card terms

    American Express(AXP) will end up paying $96 million to credit card customers in Puerto Rico and other U.S. territories for charging higher interest rates and engaging in other discriminatory practices, federal regulators said on Wednesday.

  • 08/23/2017 10:48:38

    American Express to pay $96 million to consumers over discriminatory card terms

    WASHINGTON (Reuters) - American Express will pay $96 million to consumers in Puerto Rico and other U.S. territories over discriminatory terms in its credit card agreements, according to the U.S. Consumer Financial Protection Bureau.

  • 08/23/2017 10:24:00

    American Express to pay $96M to consumers over discriminatory card terms

    American Express will pay $96 million to consumers in Puerto Rico and other U.S. territories over discriminatory terms in its credit card agreements, according to the U.S. Consumer Financial Protection Bureau.

  • 08/23/2017 10:16:00

    Walmart, Google Join Forces In Online Fight Against Amazon

    The world's largest retailer will hawk its products on Google Express for the first time in a play to get a bigger chunk of the growing voice-enabled shopping market currently dominated by Amazon.

  • 08/23/2017 09:49:06

    'No thanks, Alexa.' Walmart teams with Google to offer voice shopping

    Starting next month, shoppers will be able to order Walmart items from Google Express in a challenge to Amazon.        

  • 08/22/2017 17:56:24

    BRIEF-ZTO sees Q3 2017 revenue up 23.2 to 27.5 percent

    ZTO Express Inc: * ZTO reports second quarter 2017 unaudited financial results. * Q2 revenue RMB 2.971 billion versus I/B/E/S view RMB 3.03 billion. * Sees Q3 2017 revenue up 23.2 to 27.5 percent.

  • 08/21/2017 00:57:57

    China's Great Wall interested in Fiat Chrysler's Jeep brand: report

    (Reuters) - Car maker Great Wall Motor Co Ltd has contacted Fiat Chrysler Automobiles NV (FCA) to express interest in buying its Jeep brand, Automotive News reported on Monday, citing an email from Great Wall President Wang Fengying.

  • 08/15/2017 14:01:06

    Apple, American Express Pace the DJIA Tuesday


  • 08/15/2017 12:50:03

    Home Depot's stock cuts about 30 points from Dow industrials

    The Dow Jones Industrial Average switched between gains and losses on Tuesday, as shares of Home Depot pressured the equity gauge. Home Depot's stock was down $4.72, or 3%, in afternoon trade and slicing about 32 points from the price-weighted Dow . A price move of about $1 in any of its 30 components equates to a roughly 6.85-point tilt in the Dow. A slide in shares of United Technologies Corp. and Nike Inc. also dragged on the average, combining to exert a roughly 54-point weight on the Dow. On the upside, shares of Apple Inc. were contributing about 12 points to the benchmark, up 1.4%, and American Express Co. added about 10 points, rising 1.7%. Home Depot's share decline came even as the home-improvement retailer Home Depot Inc. raised its outlook for the second time this year as it reported better-than-expected second-quarter results. Overall, the Dow was down 7 points, or less than 0.1%, at 21,986, while the S&P 500 index was off 0.1% at 2,463, and the Nasdaq Composite Index was trading 0.1% lower at 6,334. All three major benchmarks had opened slightly higher and were on track to book their third straight gain as tensions between the U.S. and North Korea ease and as a batch of economic reports, including retail sales, came in better than expected. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/15/2017 10:15:52

    BRIEF-American Express reports credit card statistics for July

    * American Express Co - USCS card member loans 30 days past due loans as a % of total 1.2 percent at July end versus 1.1 percent at June end

  • 08/08/2017 14:22:49

    Google Memo Raises Questions About Limits Of Free Speech In The Workplace

    Google moved quickly to fire the software engineer who criticized the company's diversity programs. The engineer, James Damore, told The New York Times he has a right to express his concerns and that he will likely sue Google over the issue.

  • 08/08/2017 10:53:50

    Google CEO Cuts Vacation Short To Deal With Crisis Over Diversity Memo

    CEO Sundar Pichai said he supported the right of workers to express themselves but that a senior engineer's memo had gone too far. The memo's author says he's reportedly weighing legal action.

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