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FedEx 3Q profit falls but still beats Wall Street forecasts

2016-03-16 23:55:44| Air Courier - Topix.net

In this Thursday, Dec. 18, 2014, file photo, a Federal Express delivery truck driver returns to his truck after delivering a package to a business, in Springfield, Ill. FedEx reports financial earnings Wednesday, March 16, 2016.

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Press Digest - Wall Street Journal - March 16

2016-03-16 10:35:19| Biotech - Topix.net

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

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Wall Street And Cirrus Both Have A Negative View Of The Company's Immediate Future

2016-03-16 02:21:00| Semiconductors - Topix.net

Cirrus is not a good hold for the current market, which is looking increasingly bearish in regard to consumer spending on electronic products. Cirrus's upcoming earnings report will likely be a positive surprise, but the bar has been set quite low, both by the company and by the analysts.

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The Wall Street Journal: Volkswagen sued by 300 institutional investors over fall in share price

2016-03-15 13:56:46| Automakers - Topix.net

Attorneys representing nearly 300 institutional investors, including U.S. investment fund CalPERS, are suing Volkswagen AG for 3.3 billion euros in damages as a result of the sharp drop in the car maker's share price in the wake of its emissions-cheating scandal.

Tags: price share street journal

 

The Wall Street Journal: Auto sales at risk as defaults of subprime loans rise

2016-03-14 15:23:03| Auto Dealers - Topix.net

To understand how far the U.S. auto business has been reaching for new customers, consider the early performance of a bond issue called Skopos Auto Receivables Trust 2015-2. The bonds were built out of subprime auto loans and sold in November.

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