• FedEx (NYSE:FDX) reported fiscal second quarter earnings of $1.16, lower than the Zacks Consensus Estimate of $1.31, revenues which are up 12.1% to $9.63 billion, lower than the Zacks Consensus Estimate of $9.749 billion
• General Mills (NYSE:GIS) reaffirmed full-year projections at $2.46-$2.48 ex-items. Fiscal second quarter earnings of $0.76 missed the Zacks Consensus Estimate by $0.02, revenues increased by 0.8% to $4.07 billion, lower than the Zacks Consensus Estimate of $4.11 billion
• Pier 1 Imports (NYSE:PIR) reported fiscal third quarter earnings at $0.18, ahead of the Zacks Consensus Estimate of $0.14, revenues rose by 8.2% to $353.8 million, ahead of the Zacks Consensus Estimate of $348.0 million
• Baird upgraded Starwood Hotels (NYSE:HOT) from “underperform” to “neutral” rating, raising the price target from $45 to $55
• JP Morgan (NYSE:JPM) upgraded Wynn Resorts (NASDAQ:WYNN) to “overweight” from “neutral” with a target price in the range of $115 to $118
FEDEX CORP (FDX): Free Stock Analysis Report
GENL MILLS (GIS): Free Stock Analysis Report
STARWOOD HOTELS (HOT): Free Stock Analysis Report
JPMORGAN CHASE (JPM): Free Stock Analysis Report
PIER 1 IMPORTS (PIR): Free Stock Analysis Report
WYNN RESRTS LTD (WYNN): Free Stock Analysis Report
Zacks Investment Research