FedEx Corp. Stock Underperforms Tuesday When Compared To Competitors
MarketWatch Automated·
Dividend Roundup: Meta Platforms, Verizon, UnitedHealth Group, Coca-Cola, and more
Seeking Alpha·- Logitech, Argan, and New Jersey Resources announced dividend increases of 7.9 %, 40 %, and 5.3 % respectively. - Verizon, AbbVie, Meta Platforms, and Curtiss-Wright recently declared their upcoming dividend payouts. - FedEx, UnitedHealth Group, Altria, and Coca-Cola scheduled their ex-dividend dates for the following week.Hot PPI Sinks Gold, Freight Stocks: 10 Names To Watch Thursday
benzinga_article·- August US Producer Price Index rose 5.4% year-over-year and 0.4% monthly, surpassing consensus expectations and driving down gold, freight stocks, and major equity indexes. - The stronger-than-expected inflation data pushed the dollar index up 0.3% to 98.81 and the 10-year Treasury yield to a three-year high of 4.90%. - Analysts noted that the BLS sampling period ending August 11 omitted subsequent energy price surges, while Fed futures priced in a 66% chance of a 25-basis-point rate hike.