FedEx eyes fiscal 2025 profit just above Wall St target; shares soar
(Reuters) -FedEx forecast fiscal 2025 profit above analysts’ estimates on Tuesday, anticipating that the cost reductions planned for the year…
Day: June 25, 2024
Delaware law to allow big investors greater sway over US corporate boards
By Tom Hals WILMINGTON, Delaware (Reuters) – Delaware is poised to adopt changes to its widely used corporate law that…
Volkswagen to invest up to $5 billion in EV maker Rivian as part of tech joint venture
SAN FRANCISCO (Reuters) -German automaker Volkswagen Group will invest up to $5 billion in U.S. electric-vehicle maker Rivian as part…
KKR acquires $2.1 billion portfolio of multifamily real estate assets from Quarterra
(Reuters) -Investment firm KKR acquired a portfolio of 18 multifamily real estate assets on Tuesday from a closed end fund…