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MarketWatchJun 24, 2019
The Wall Street Journal: In veiled shot at Cook, Facebook exec says Apple caters to ‘exclusive club'
A senior Facebook Inc. executive took a veiled shot at Apple Inc., continuing the sniping between the tech giants as their business models are under increasing scrutiny from global regulators.

Wall Street ends lower as Iran tension counters trade optimism ( - Financial Markets)

Reuters BusinessJun 24, 2019
Wall Street struggles for direction ahead of G20 summit
Wall Street struggled for direction on Monday as gains by technology companies were blunted by losses in the healthcare sector, while investors looked to U.S. President Donald Trump's meeting with his Chinese counterpart Xi Jinping at the G20 summit later this week.

MarketWatchJun 24, 2019
Earnings Outlook: FedEx earnings: EPS guidance and conference call to overshadow Q4 results
FedEx Corp. is scheduled to report fiscal fourth-quarter results on Tuesday, after the closing bell, but what the package delivery giant says about the future will be of much more interest to Wall Street than what it says about the past three months.

MarketWatch MarketPulseJun 24, 2019
FedEx stock falls after WSJ report of price cuts to support Express business
Shares of FedEx Corp. fell 1.3% in premarket trading Monday, after The Wall Street Journal reported that the package delivery giant has been offering big discounts in an effort to attract online merchants to its Express delivery service. The report comes after FedEx's announcement earlier this month that Express ended its contract with Inc. , as FedEx tries to win customers from rival United Parcel Service Inc. and ahead of FedEx earnings due out on Tuesday. The WSJ report, citing people familiar with the matter, said among FedEx price cuts was to offer guaranteed two-day air service for the same price as shipping items through its ground division. FedEx's stock has dropped 32% over the past 12 months through Friday, while rival UPS shares have slipped 10.1% and the Dow Jones Industrial Average has rallied 8.7%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

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