{"id":133461,"date":"2019-12-18T23:11:14","date_gmt":"2019-12-18T23:11:14","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=133461"},"modified":"2019-12-19T13:39:08","modified_gmt":"2019-12-19T13:39:08","slug":"fedex-hammered-and-snc-relieved-on-a-flat-day","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/fedex-hammered-and-snc-relieved-on-a-flat-day\/","title":{"rendered":"FedEx hammered and SNC relieved on a flat day"},"content":{"rendered":"<hr \/>\n<table cellpadding=\"10\" align=\"center\">\n<tbody style=\"padding: 10px; font-family: Helvetica, Arial;\">\n<tr align=\"center\">\n<td align=\"center\"><center>This week, you missed Past Top Picks comments by <a href=\"https:\/\/stockchase.com\/expert\/view\/1417\/Kim-Bolton\">Kim Bolton<\/a> including <a href=\"https:\/\/stockchase.com\/company\/view\/820\/MSFT-Q\">Microsoft<\/a> (<strong>A Top Pick Jan 22\/19, Up 45%<\/strong>) <strong><a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-text\">Get Premium<\/a> to receive all past top picks opinions a few hours before market open.<\/strong><br \/>\n<a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-image\"><img decoding=\"async\" class=\"alignnone size-full wp-image-123205\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/11\/premium-button.png\" alt=\"Get Premium\" width=\"289\" height=\"48\" \/><\/a><\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<p>After a streak of recent highs driven by the U.S. and China agreeing to a trade deal, markets in New York and Toronto closed modestly up or down on Wednesday, though they continued to flirt with all-time highs and despite shrugged off impeachment fears for Trump.<\/p>\n<p>Notable U.S. gainers included <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/FB-Q\">Facebook<\/a>, which rallied over 2% to stay above $200. In contrast, <a href=\"https:\/\/stockchase.com\/company\/view\/471\/FDX-N\">FedEx<\/a> was pounded down 10% after delivering a brutal <a href=\"https:\/\/finance.yahoo.com\/video\/fedex-lowers-guidance-cites-significant-151949052.html\" target=\"_blank\" rel=\"noopener\">earnings<\/a> report, missing their top and bottom lines, and issuing guidance based on &#8220;significant challenges.&#8221; By their own reckoning, FedEx will take a few quarters to right its course.<\/p>\n<p>On the TSX, a surprise gainer Wednesday was <a href=\"https:\/\/stockchase.com\/company\/view\/1132\/SNC-T\">SNC-Lavalin<\/a>, which leapt 19% after the Montreal-based infrastructure company pled guilty to <a href=\"https:\/\/finance.yahoo.com\/news\/snc-pleads-guilty-fraud-controversy-160804191.html\" target=\"_blank\" rel=\"noopener\">fraud<\/a>, agreed to pay C$280 million over five years and accepted a probation order lasting three years. This ends a long, ugly scandal that dragged the federal Liberals into disrepute. Despite Wednesday&#8217;s gains, however, SNC remains down 38% for the year. On a happier note, another infrastructure firm, <a href=\"https:\/\/stockchase.com\/company\/view\/83\/ARE-T\">Aecon<\/a>, jumped 3% after closing three <a href=\"https:\/\/www.newswire.ca\/news-releases\/aecon-awarded-three-significant-contracts-in-british-columbia-alberta-and-ontario-822883180.html\" target=\"_blank\" rel=\"noopener\">contracts<\/a> worth $690 million in B.C., Alberta and Ontario.<\/p>\n<p>&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/FB-Q\">Facebook<\/a> + 3.06%<br \/>\n&#x1f690; <a href=\"https:\/\/stockchase.com\/company\/view\/471\/FDX-N\">FedEx<\/a> -12.31%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/1132\/SNC-T\">SNC-Lavalin Group Inc.<\/a> +19%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/83\/ARE-T\">Aecon Group Inc<\/a> +3%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Kim Bolton including Microsoft (A Top Pick Jan 22\/19, Up 45%) Get Premium to receive all past top picks opinions a few hours before market open. After a streak of recent [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":345019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-133461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/133461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=133461"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/133461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/345019"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=133461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=133461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=133461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}