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Earnings Report

COVID-19 vaccines give Walgreens an edge

Walgreens administered 15.6 million COVID-19 vaccinations and 6.5 million tests in the first quarter. It has also administered over 9 million booster doses to date.

FedEx reinstates 2022 profit target, shares soar

U.S. delivery firm FedEx Corp reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits ahead of the peak holiday season when the number of packages it handles often doubles.

Oracle forecasts upbeat third quarter as IT spending rebounds

Enterprise software maker Oracle Corp forecast current-quarter profit and revenue above market estimates on Thursday after posting upbeat results for the second quarter, helped by higher tech spending from businesses looking to support hybrid work.