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Company News for Sep 17, 2020

Zacks Equity Research
·1 min read

  • FedEx Corp.'s FDX shares jumped 5.8% after the company reported first-quarter fiscal 2021 adjusted earnings per share of $4.87, surpassing the Zacks Consensus Estimate of $2.59.

  • Brady Corp.'s BRC shares tumbled 6% after the company posted fourth-quarter fiscal 2020 adjusted earnings per share of $0.53, missing the Zacks Consensus Estimate of $0.55.

  • Shares of Southwest Airlines Co. LUV surged 3.7% after giving upbeat guidance on several operational and financial metrics for rest of 2020.  

  • Facebook Inc.'s FB shares tanked 3.3% following a report that the Federal Trade commission is in process filling an antitrust lawsuit against the tech behemoth.


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