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Stock Market & Financial Investment News

News Breaks
September 13, 2012
10:00 EDTFDX, FDX, CHRW, CHRWHouse Transportation and Infrastructure Committee to hold a hearing
The Highways and Transit Subcommittee holds a hearing on "Evaluating the Effectiveness of DOT's (Transportation Department) Truck and Bus Safety Program". Participants include Vice President Mugno of FedEx Ground and Director of Carrier Services Johnson of C.H. Robinson at the hearing being held on September 13 at 10 am. Webcast Link
News For FDX;CHRW From The Last 14 Days
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June 19, 2013
16:26 EDTFDXOn The Fly: Closing Wrap
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12:09 EDTFDXOn The Fly: Midday Wrap
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10:02 EDTFDXFedEx trades up after earnings beat, levels to watch
The company reported results of $2.13 for its Q4 versus consensus of $1.96. Shares are trading up today, but not aggressively. That may have much to do with what the Street is characterizing as conservative guidance. At the current price of $101.56, next resistance is at $103.05, a recent pivot high. There is a small bullish flag on a one day chart, 5-minute basis, that has an upside objective roughly to that level. Support is at $100.68.
09:38 EDTFDXActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL AMAT FDX MA C GOOG DISH AMRN MRK BIDU
09:27 EDTFDXFedEx says buying airplanes for replacement, not for capacity growth
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09:24 EDTFDXOn The Fly: Pre-market Movers
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09:03 EDTFDXFedEx guidance for FY14 looks conservative, says Citigroup
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08:54 EDTFDXFedEx sees Q1 EPS growth to be 'solid but challenged'
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08:45 EDTFDXFedEx continues to see U.S. GDP to grow 2% in CY13
Projects U.S. GDP growth of 2% for calendar year 2013 and 2.5% for calendar year 2014. Expects industrial production growth of 2.8% in calendar 2013 and 3.5% in calendar 2014. Projections from FedEx Q4 earnings conference call.
07:37 EDTFDXFedEx reports Q4 FedEx Freight revenue down 1% to $1.39B
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07:36 EDTFDXFedEx reports Q4 FedEx Ground revenue up 12% to $2.78B
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07:35 EDTFDXFedEx reports Q4 FedEx Express revenue up 3% to $6.98B
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07:32 EDTFDXFedEx sees FY14 EPS growth 7%-13%, consensus $7.36
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07:30 EDTFDXFedEx reports Q4 EPS ex-items $2.13, consensus $1.96
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June 18, 2013
15:46 EDTFDXFedEx June 100 straddle priced for 4.3% movement into Q4
14:59 EDTFDXNotable companies reporting before tomorrow's open
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05:54 EDTFDXFedEx outlook likely to be positive for shares, says Citigroup
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June 17, 2013
10:17 EDTFDXFedEx June volatility elevated at 44 into Q4 and China growth outlook
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07:51 EDTFDXFedEx Q4 EPS likely to be in bottom half of guidance range, says Oppenheimer
Oppenheimer expects FedEx's Q4 adjusted EPS to be at the bottom half of its guidance range. However, the firm thinks the company's adjusted EPS can rise about 20% in FY14, and it keeps an Outperform rating on the stock.
June 13, 2013
06:03 EDTFDXFedEx to fight U.S. in online pharmacy investigation, Bloomberg reports
FedEx Corp. (FDX) said it will fight any charges that may result from a federal investigation into drug shipments by illegal online pharmacies, bucking both government investigators and rival United Parcel Service (UPS) which settled similar allegations, reports Bloomberg. Reference Link
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