Canaccord Genuity cut the price target for BCE Inc. (NYSE: BCE) from $63 to $61. Canaccord Genuity analyst Aravinda Galappatthige maintained a Hold rating. BCE shares rose 0.6% to close at $44.16 on Thursday.
FedEx Corporation (NYSE: FDX) reported better-than-expected earnings for its fourth quarter, while sales missed estimates. The company announced that its executive vice president and CFO Michael Lenz will retire from his role, effective July 31.