© Reuters. (Reuters) -Ferguson Plc announced a $1 billion share buyback on Tuesday as the U.S.-focused plumbing supplies provider reported a rise in annual profit buoyed by more spending on home improvement projects during the pandemic. Although the pandemic drove strong interest for home renovation across many western markets as […]
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CORRECTED-XPO Logistics jump 13% on cost-cutting, e-commerce growth
(Corrects speaker as CEO) LOS ANGELES, May 5 (Reuters) – XPO Logistics Inc shares jumped almost 13% on Tuesday after executives said its e-commerce fulfillment, returns and home delivery businesses are thriving during the novel coronavirus pandemic. “E-commerce saved us in April… It was our strongest performing vertical across the […]