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☆ FedEx boss warns of a 'worldwide recession' and outlines plans to close stores, freeze hiring, trim hours, and park planes to cut costs
▼ + stars: | 2022-09-16 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

The company reported disappointing earnings, blaming reduced package demand and economic conditions. FedEx plans to cut costs by reducing flights, closing 90 retail stores, and trimming hours. But you know, these numbers, they don't portend very well," FedEx CEO Raj Subramaniam said in response to a question about whether the economy was "going into a worldwide recession." It reported earnings of $3.44 a share, significantly below analysts' consensus of $5.14, according to Refinitiv data cited by CNBC. To help mitigate the situation, FedEx plans to cut flights and temporarily park some aircraft, trim labor hours, and freeze hiring.

☆ What Cramer is watching Friday — FedEx's disaster, Street hates Adobe deal, Uber cyberattack
▼ + stars: | 2022-09-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

I wrote Thursday night about how this latest sell signal on Wall Street will hurt some stocks more than others. Downgrades and price cuts everywhere on Wall Street. CNBC's tech team says Silicon Valley loves the move, but clearly Wall Street does not. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Traders work during the opening bell at the New York Stock Exchange (NYSE) on Wall Street in New York City on August 16, 2022.

☆ Cramer’s week ahead: FedEx’s warning shows the Fed is further along in fighting inflation than expected
▼ + stars: | 2022-09-16 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Monday: AutoZoneQ4 2022 earnings release at 6:55 a.m. Wednesday: General Mills, Salesforce, Lennar, KB HomesGeneral MillsQ1 2023 earnings release at 7 a.m. ETProjected EPS: $4.86Projected revenue: $8.97 billionKB HomeQ3 2022 earnings release between 4:10 to 4:20 p.m. ETProjected EPS: $2.66Projected revenue: $1.88 billionCramer said he expects both Lennar and KB Home to be soft due to soaring mortgage rates. ETProjected EPS: $4.17Projected revenue: $70.8 billionCramer said he hopes the stock goes down so that the Investing Club can buy more.

For us, that's P & G because their products hold a higher priority when it comes to how consumers spend their money. Now, containerboard — P & G products ship in boxes after all — is seeing a large glut. Just last week at the Barclays Global Consumer Staples Conference, P & G management said they see some "good news on commodity input costs, sequentially. Management also noted that as of now, they are still seeing no real signs of trade-down in P & G products to cheaper alternatives. The price in the store will be more sticky than the price P & G pays for logistics or the prices they are able to negotiate with suppliers.

☆ Investing Club: The week in review, the week ahead — Sept. 16, 2022
▼ + stars: | 2022-09-16 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

As we saw from Starbucks (SBUX), Humana (HUM) and Danaher (DHR) this week, companies are still investing in the future despite the difficult macroeconomic environment. Conferences will continue next week and within the portfolio we look forward to hearing from Nvidia (NVDA), Salesforce (CRM) and Qualcomm (QCOM). On Thursday, initial jobless claims for the week ending Sept. 10 came in at 213,000, a decrease of 5,000 from the prior week and below expectations of 227,000. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ 3 takeaways from Friday's meeting, including how defensive plays are wins in this two-sided market
▼ + stars: | 2022-09-16 | by ( Krystal Hur | ) www.cnbc.com time to read: +4 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. There is a bifurcation in the market Quick hit: AMZN, PG, DHR, AAPL Club events to watch for next week 1. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Wall Street dodged a rail strike crisis, but there's trouble ahead
▼ + stars: | 2022-09-16 | by ( Nicole Goodkind | Cnn Business | ) edition.cnn.com time to read: +7 min

The company is seen as a bellwether for the economy since has insight into shipments across a wide range of industries. Persistent inflation, fears of recession and slowing economic growth have rattled markets across the globe. Now as major central banks institute aggressive rounds of monetary policy tightening to battle inflation, investors fear that they may go too far. S&P 500 INX About half of allcompanies mentioned "recession" during second quarter earnings calls, the highest number since 2010. That's the largest drop for a quarter since the second quarter of 2020 (when Covid-19 sent the United States into recession).

☆ FedEx CEO says he expects the economy to enter a ‘worldwide recession’
▼ + stars: | 2022-09-15 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

FedEx CEO Raj Subramaniam told CNBC's Jim Cramer on Thursday that he believes a recession is impending for the global economy. But you know, these numbers, they don't portend very well," Subramaniam said in response to Cramer's question of whether the economy is "going into a worldwide recession." The CEO's pessimism came after FedEx missed estimates on revenue and earnings in its first quarter. Shares of FedEx fell 15% in extended trading on Thursday. The chief executive, who assumed the position earlier this year, said that weakening global shipment volumes drove FedEx's disappointing results.

☆ FedEx's fiasco sends another sell signal. But some stocks won't be hit as hard
▼ + stars: | 2022-09-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Let's just say I wanted to be more positive — but there was, alas, nothing to be positive about really. The market, I think, on Friday will be down hard off this one company's negativity because it touches every tentacle. I am sure people will sell Club holding Amazon (AMZN), for example, even as Amazon doesn't even do business with FedEx. The one thing I will stick behind though is what I said at Thursday's "Monthly Meeting" for Club members. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Cramer says investors should remain calm after FedEx’s bad quarter but brace for more economic pain
▼ + stars: | 2022-09-15 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer advised investors not to panic after FedEx's worse-than-expected first quarter. Cramer outlined three reasons why investors shouldn't let the company's bad quarter scare them too much:This was CEO Raj Subramaniam's first quarter leading the company. "Maybe the bears who insist that the Fed raise and raise and raise and raise [interest rates] don't know what they're talking about," Cramer said. However, this doesn't mean that investors shouldn't brace themselves for more pain ahead, he said. "Most of us didn't know until tonight we had this many problems and that they are all getting much worse, not better."

☆ Barclays sees buying opportunity in these stocks, including one that could roughly double
▼ + stars: | 2022-09-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

One of those stocks, Five9, could see 98% upside, according to the firm's price target. In addition, the stocks had a 14-day RSI (or relative strength index) below 35, as of Sept. 7. Splunk and FedEx followed, with both names potentially seeing 59% gains, according to Barclays' price targets. The stock has 39% upside, as well as a 14-day RSI reading of 30.5, according to Barclays' price target. Another tech name, Salesforce , is down about 35% year to date, but has 32% upside, according to Barclays.

☆ Meet 16 top reverse-logistics leaders tackling retail's $761 billion e-commerce returns problem
▼ + stars: | 2022-07-15 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +19 min

Becca Meinz, the vice president of end-to-end supply chain at Best BuyBecca Meinz is the vice president of the end-to-end supply chain for Best Buy. Steve Lewis, the senior vice president of commercial strategy at GXOSteve Lewis is the senior vice president for commercial strategy at GXO. Kraig Foreman, the president of e-commerce at DHL Supply Chain North AmericaKraig Foreman is the president of e-commerce at DHL Supply Chain North America. Eduardo Vilar, the senior vice president of merchant solutions at AffirmEduardo Vilar is the senior vice president of merchant solutions at Affirm. Glen Sutton, the executive vice president at Ceva LogisticsGlen Sutton is an the executive vice president at Ceva Logistics.

☆ UPS and Fedex are in for reckoning as the e-commerce boom cools and new competitors fight for a shrinking number of packages
▼ + stars: | 2022-05-26 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +9 min

The pandemic-driven e-commerce boom buoyed results for UPS and FedEx the past two years. E-commerce sales in the first quarter were up nearly 7% from the first quarter of 2021, according to the US Census Bureau. The other is that the slowdown may loosen the two companies' grip on the pricing power they've held for the past two years. On the downward slope of the pandemic e-commerce boom, UPS and FedEx are going to be left with a smaller slice of a smaller pie. So far, both carriers are holding fast to their pricing power in the customary first-quarter contract negotiations, according to Roberson.

☆ The untold story of how Amazon siphoned FedEx talent, setting Amazon Logistics up to soar while FedEx flounders
▼ + stars: | 2022-03-29 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Insider spoke with seven former FedEx executives who went to work for Amazon from 2012 to 2018 and five more who worked at either FedEx or Amazon at the same time. You are executing someone's playbook," one former FedEx executive who went to Amazon said. Amazon Logistics leaders would study the intricacies of FedEx and UPS operations, take the best elements, and act like they were homegrown, former leaders said. The strategy — which FedEx used to great effect with its SmartPost service — "printed money for Amazon," one former Amazon Logistics leader said. And in 2020, less than a decade after getting serious about logistics, Amazon hit a milestone: It delivered more packages than FedEx.

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