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Stock Market & Financial Investment News

News Breaks
January 10, 2013
07:37 EDTUPS, FDX, EXPDAirfreight/Logistics sector upgraded to Attractive from Neutral at Goldman
Goldman upgraded the Airfreight/Logistics sector based on expectations for global freight growth to rebound in 2013. The firm views Conviction Buy rated Expeditors (EXPD) as the best play in global trade growth and expects Buy rated FedEx's (FDX) operating leverage to drive earnings upside.
News For EXPD;FDX From The Last 14 Days
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August 30, 2015
21:50 EDTFDXFedEx pilots union leadership approves tentative agreement
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August 25, 2015
07:23 EDTEXPDExpeditors upgraded on market share outlook at Stifel
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07:14 EDTEXPDExpeditors upgraded to Buy from Hold at Stifel
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August 23, 2015
17:40 EDTFDXJudge sends FedEx driver lawsuit back to trial court, Bloomberg says
A federal appeals court has sent a dispute over the employment status of FedEx drivers back to trial court, saying a jury must decide whether the drivers are independent contractors or full-fledged employees, reports Bloomberg. The verdict gives FedEx another chance to defend its practices, according to the report. Reference Link
August 21, 2015
06:34 EDTFDXFedEx to launch EUR 8.00 bid for TNT Express on Aug. 24
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August 20, 2015
17:52 EDTFDXUPS pilots President issues statement on FedEx/ALPA tentative agreement
The following statement is from Captain Robert Travis, President of the Independent Pilots Association regarding the tentative pilot labor agreement between FedEx (FDX) and ALPA: "We congratulate our pilot peers and FedEx on reaching a new tentative collective bargaining agreement. While we have not seen the details, the IPA will refrain from commenting on the merits of the tentative agreement until the ALPA ratification process has been completed. If approved, however, the FedEx pilot contract will bring labor peace to our largest competitor. In sharp contrast, UPS (UPS) management has created a bitter standoff with its pilot employees, unnecessarily dragging out contract talks for four years. UPS must not allow itself to be left behind by FedEx. The IPA calls on UPS management to work with its pilots to expeditiously achieve an agreement."
17:33 EDTFDXFedEx reaches tentative agreement with Air Line Pilots Association
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12:05 EDTFDXBoeing reports eight new orders in weekly update
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10:00 EDTEXPDOn The Fly: Analyst Upgrade Summary
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05:26 EDTEXPDExpeditors upgraded to Equal Weight from Underweight at Barclays
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August 19, 2015
10:00 EDTEXPDOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Biocept (BIOC) initiated with a Buy at H.C. Wainwright... C.H. Robinson (CHRW) initiated with a Buy at Evercore ISI... Chipotle (CMG) initiated with a Hold at Maxim... Con-way (CNW) initiated with a Buy at Evercore ISI... Dermira (DERM) initiated with an Outperform at Cowen... Expeditors (EXPD) initiated with a Hold at Evercore ISI... Fleetmatics (FLTX) initiated with an In-Line at Imperial Capital... Frontier Communications (FTR) initiated with an Overweight at Stephens... Gevo (GEVO) initiated with a Buy at Rodman & Renshaw... International Game (IGT) initiated with a Sell at Goldman... Knight Transportation (KNX) initiated with a Buy at Evercore ISI... Logitech (LOGI) initiated with a Buy at Rosenblatt... Navistar (NAV) initiated with a Neutral at Macquarie... Panera Bread (PNRA) initiated with a Hold at Maxim... Scientific Games (SGMS) initiated with a Sell at Goldman... Swift Transport (SWFT) initiated with a Hold at Evercore ISI... Tribune Media (TRCO) initiated with an Equal Weight at Morgan Stanley... WEX Inc. (WEX) initiated with an Equal Weight at Barclays... Zoe's Kitchen (ZOES) initiated with a Buy at Maxim.
August 18, 2015
17:46 EDTEXPDExpeditors initiated with a Hold at Evercore ISI
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06:39 EDTFDXUSPS boosts same-day delivery to compete with FedEx, UPS, Amazon, WSJ says
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