A worker sorts packages at a FedEx Express facility on Cyber Monday, November 28, 2022 in Garden City, New York, USA.
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Check out the companies that are attracting attention for their long-term deals.
fedex — The package carrier’s share price rose 9% after reporting earnings growth in the third quarter of the fiscal year and raising full-year earnings forecasts. FedEx reported adjusted earnings for him of $3.41 per share, beating analyst estimates of $2.73 per share, according to Refinitiv. Meanwhile, the company’s earnings fell short of expectations. FedEx posted him $22.17 billion in revenue, but analysts had estimated him at $22.74 billion.shares of United Parcel Service Sympathy voices increased by 2%.
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First Republic Bank — Bank shares fell 15% in after-hours trading. During a normal trading session, a group of 11 banks, including Bank of America and Goldman Sachs, agreed to deposit $30 billion with the First Republic, so the stock reversed previous losses and fell to nearly 10%. % has risen.shares of Zions Bancorp and key corpOne of the regional banks facing a tough week, NC fell more than 2%.
Merck — Pharmaceutical stocks fell nearly 2% in subsequent long-term trading. Merck provided trial update It is one of the therapeutic agents for metastatic non-small cell lung cancer. The results did not reach “statistical significance,” and Merck said patients in this study group “should be switched to standard care.”