Should you buy stock after FedEx announcement today?

Shares of FedEx Corp (NYSE: FDX) are trading up this morning after the logistics company raised dividend and announced a few changes to its structure. FedEx raises dividend by 10% On Wednesday, the multinational increased its annual payout by 10% to $5.04, as per the press release. That spoke volumes about the company’s confidence in… Continue reading Should you buy stock after FedEx announcement today?

Swiss bank PostFinance to offer Bitcoin and crypto to 2.69 million customers

PostFinance, the fifth-largest financial services company in Switzerland, is set to offer cryptocurrency to over 2.69 million customers. The banking giant, fully owned by the Swiss government, has partnered with digital assets provider Sygnum Bank to roll out the crypto trading and custody services.  As such, PostFinance will leverage Sygnum Bank’s fully regulated B2B banking… Continue reading Swiss bank PostFinance to offer Bitcoin and crypto to 2.69 million customers

IAG vs EasyJet stocks: Is EZJ still the better investment?

IAG (LON: IAG) and EasyJet (LON: EZJ) share prices have done well in 2023 as the aviation industry recovery continued. EasyJet shares have jumped by over 50% this year while IAG has jumped by less than 20%. Other airline stocks like Ryanair and Wizz Air have also bounced back.  IAG vs EasyJet share prices EasyJet… Continue reading IAG vs EasyJet stocks: Is EZJ still the better investment?

ANZ share price staggers after the RBA and RBNZ divergence

The share price of ANZ (ASX: ANZ) moved sideways on Wednesday as investors reacted to the latest Suncorp merger news. The stock also wavered after the latest interest rate decision by the Reserve Bank of New Zealand (RBNZ) and Australia (RBA). It was trading at A$23.34, which was ~4.70% above the lowest point in March… Continue reading ANZ share price staggers after the RBA and RBNZ divergence

SPCE stock forecast: Virgin Galactic is guilty by association

Virgin Galactic (NYSE: SPCE) stock price has been in a steep sell-off in the past few months. This sell-off intensified this week after its sister company, Virgin Orbit, decided to file for bankruptcy protection. The stock plunged to a low of $3.41, the lowest level since January. Will Virgin Galactic file for bankruptcy? One of… Continue reading SPCE stock forecast: Virgin Galactic is guilty by association

Josh Brown just bought Newmont Corporation stock: here’s why

Gold continued to build on its recent gains on Tuesday after the monthly jobs data signalled the labour market was finally starting to cool off a little (read more). Brown’s bull case for Newmont Corporation stock At writing, gold is only a few bucks away from hitting an all-time high. Still, Josh Brown – the… Continue reading Josh Brown just bought Newmont Corporation stock: here’s why

Saga shares ended 15% down on Tuesday: what happened?

Saga PLC (LON: SAGA) ended more than 15% down on Tuesday after reporting widened pre-tax loss for its fiscal 2023. Saga PLC preliminary full year results The British company attributed weakness to asset impairment charges. The UK stock is down also because sales are expected to remain challenged in its motor and home insurance segments.… Continue reading Saga shares ended 15% down on Tuesday: what happened?

Boeing stock price forecast: Northcoast Research sees 15% downside

Boeing Co (NYSE: BA) has been in an uptrend since early December but that could reverse moving forward, says Chris Olin. He’s a Senior Analyst at Northcoast Research. Boeing stock could sink to $180 On Tuesday, Olin downgraded the aerospace and defense company to “sell” and said its shares could tank to $180 – more… Continue reading Boeing stock price forecast: Northcoast Research sees 15% downside