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🔔Mid Day Trading Update🔔
📅Tuesday 14/6/2022📅
🟢Bullish Activity🟢
$FDX
Gapping up this morning after the global delivery and shipping company said that it is increasing its quarterly dividend by more than 50% to $1.15 per share. The dividend is payable on July 11th, 2022, to stockholders of record as of the close of business on June 27th, 2022. FedEx also said that it will be adding two new independent directors, Amy Lane and Jim Vena, to its board as part of an agreement with hedge fund D.E. Shaw. A third independent director that is mutually agreed upon by FedEx and D.E. Shaw will be added to the board at a later date. The June 17th 210.00 put being the highest volume contract.
$ORCL
Also to the upside after the enterprise software company reported fiscal Q4 earnings of $1.54 per share $0.16 beat on revenue that rose 5.5% YOY to $11.84B above the $11.65B consensus. The company’s infrastructure cloud revenue, which includes its data centers business, increased 36% YOY. The com
