Recap
Recap
Sharesies
Markets await the Federal Reserve’s update; FedEx delivers earnings results; Ausnet’s potential takeover takes a turn.
12 minutes Posted Sep 22, 2021 at 4:30 am.
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Markets await the Federal Reserve’s latest policy announcement, due tomorrow morning (NZT). Brookfield Asset Management (BAM) and APA Group (APA) are in a bidding war over Ausnet Services (AST). FedEx’s (FDX) profit falls as it faces pandemic-driven labour shortages and global supply chain issues. Insurance company Tower (TWR) downgrades its earnings guidance.