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FedEx Corp said on Friday it would pull $1.5 billion from a credit line and slash CEO pay as stay-at-home orders aimed at stemming the spread of the coronavirus in the United States and Europe hammer demand for its lucrative express services......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Ralph Lauren Corp beat quarterly profit estimates on Thursday, driven by tighter control on expenses and strong demand for its Polo shirts and tweed jackets in China and Europe, sending its shares up 9% in premarket trading ......»»

The demand created by the unstoppable growth of ecommerce continues to have a major impact on the industrial building sector’s design and construction of factories, warehouses, distribution centers, and fulfillment centers......»»

HB Fuller Co (NYSE: FUL) continues to face headwinds in Europe and China as well as in the auto and construction markets, accord.....»»

Workday's (WDAY) revenue growth continues to be driven by high demand for its HCM and financia.....»»

Monitor shipments from China grew 21.2% on year to a record high of 86.86 million units in 2018, driven by increased demand from a number of markets including North America, Europe and Japan, according to data compiled by AVC Revo......»»

The package delivery giant continues to be hurt by a slowing global economy and difficulties in Europe......»»

Stating that he is taking a balanced view, the analyst said the first-quarter deliveries miss was not only demand-driven but also supply-driven. Latest Ratings for TSL.....»»

In a recent shift, Wall Street is demonstrating an increased interest in copper, a trend driven by the metal's growing use in data centers, which are essential for artificial intelligence (AI) operations. read more.....»»

Northwest Indiana continues to operate outside of national housing trends as a tight supply keeps home prices strong and sales numbers steady. Sales have dropped from this peak i.....»»

With the demand for conducting copper being driven by AI-fueled data centers and electric cars, Revere Copper is already planning to double its Triad workforce just a year after opening facility......»»

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The ongoing coronavirus-induced stay-at-home activities have continued to spur demand for semiconductor and IC parts in 2021, buoying sales at many Taiwan-based chipmakers, including second-tier players, according to industry sources......»»

Strategists at JPMorgan on Friday lifted their view of earnings per share but kept their S&P 500 price target of 4,400. After a strong first quarter driven by robust demand and margin recovery, JPMorgan lifted its 2021 earnings per share view for S&P 5.....»»

Enterprise PC demand is expected to pick up substantially in the second half of 2021, as COVID-induced lockdowns in Europe and the US are being eased, according to sources at Taiwan-based ODMs......»»

Oil futures climb on Monday to post their highest finish in more than two years, as signs of a demand recovery in the U.S. and Europe feed optimism over the outlook for energy demand, despite a round of weaker-than-expected economic data from China......»»

Quanta Computer continues to see notebook customers step up their pace of orders with the orders pull-in momentum to carry on in the second half of 2021, according to the Taiwan-based ODM......»»

European equities rose on Friday, as the rebound continues from a selloff caused by inflation fears, with mining stocks being the major drag on stock-market indexes in Europe after a slight fall in commodity prices......»»

Increasing demand for delivery has FedEx Ground looking to hire more than 600 package handlers in the Sacramento region......»»