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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jun 25, 2024
Page
8
FedEx prepares to unveil its fiscal fourth quarter results with analysts expecting earnings of $5.34 per share on revenue of $21.9 billion for the quarter ended May. The figure would exceed the year earlier period as the company continues cost-cutting measures following stronger fiscal third quarter results despite lower revenue.
The S P or S P CoreLogic Case Shiller index tracks prices in 20 major U S metropolitan areas and has risen each month for almost a year. Economists expect April’s reading to be up 6.7 percent from a year earlier as prices stay firm amid rising mortgage rates and tight supply.
The recap notes residents returning home support one another, citing the communal healing process. Local leaders emphasize resilience as neighbors lean on each other to cope with losses and rebuild.
Wall Street drifted with mixed results as Nvidia stock movement kept major indexes uneven. The S&P 500 fell 0.3 percent while the Dow gained 0.7 percent and the Nasdaq dropped 1.1 percent. Oil and gas and financials led gains while a few top performers faltered. Pixar new release Inside Out 2 topped 100 million in its second weekend.
Emery Sapp & Sons, started in Columbia in the 1970s and now with offices in Missouri Arkansas and Kansas, bid 170.6 million to add two lanes on the SLT west of Iowa Street. Clarkson Construction bid 175.8 million, with Ross Construction 179.7 million Hawkins Construction 183.3 million and Ames Construction 204.3 million. KDOT has not announced a winner yet and awards typically come weeks after the bid posting. The contractor known for completing the eastern leg of the SLT in 2016 would oversee the western expansion, with the overall timeline aiming for late 2028 completion and minimal traffic disruption as K-10 remains open.
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