Lululemon (Nasdaq: LULU) stock
FedEx Corp. (NYSE: FDX), Lululemon Athletica Inc. (Nasdaq: LULU), and McDonald's Corp. (NYSE: MCD) are among the stocks to watch today after releasing earnings reports and management changes.
Here's what investors should know:
FedEx Corp. (NYSE: FDX) slumps, still a "Buy": FedEx Corp. released a lower-than-expected earnings outlook this morning, causing its share price to sink - but the company retained long-term buying support from The Street.
FedEx reported fiscal third-quarter earnings of $521 million, or $1.65 a share, up from 73 cents a year ago. Revenue rose 9% to $10.56 billion.