FedEx is in ‘penalty box’ after profit warning: Strategist

James G. Cole

FedEx’s (FDX) earnings warning and full year guidance retrieval put concerns about the economy into the forefront. The pre-earnings announcement also highlights the severity of the challenges facing the U.S carrier. “To categorize the magnitude, I don’t think it’s an understatement to say its extreme,” Jonathan Chappell, Evercore ISI senior […]

Liz Cheney is already raising money for her next effort

James G. Cole

While Liz Cheney lost among Wyoming voters, one contest where she emerged victorious was the money race against her Trump-endorsed opponent. According to the most recent filings, Cheney raised over $15 million for her campaign versus $4.4 million for Harriet Hageman. The bigger bankroll didn’t help her much on Tuesday, […]