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News Breaks | | | | January 10, 2013 | | 07:37 EDT |  | EXPD, UPS, FDX | Airfreight/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. | |
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News For EXPD;FDX From The Last 14 Days Check below for free stories on EXPD;FDX the last two weeks. |
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| May 23, 2013 | | 05:45 EDT |  | FDX | Big companies remove subsidiaries based on SEC disclosure rules, WSJ reports
 Subscribe for More Information | | | May 15, 2013 | | 08:02 EDT | | FDX | FedEx should be bought on pullbacks, says RW Baird
Baird lowered its estimates on FedEx to reflect below consensus Q4 results and guidance. The firm cited continued international airfreight weakness but sees stabilizing signs. Baird remains constructive on the shares citing low investor sentiment and potential for margin improvements. Shares are Outperform rated with a $112 price target. | | | 07:31 EDT | | FDX | FedEx news should improve investor sentiment, says Oppenheimer
After FedEx announced that it anticipates delivering $1.65B of annualized profitability improvement by FY16, Oppenheimer believes that this news, along with a capacity cut and the company's recent win of a major Post Office contract, will improve investor sentiment towards the stock. The firm reiterates an Outperform rating on the shares. | | | May 14, 2013 | | 07:23 EDT |  | FDX | Oppenheimer to host a summit
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