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Stock Market & Financial Investment News

News Breaks
December 18, 2012
05:55 EDTFDX, FDX, GIS, GIS, NAV, NAV, PKE, PKECompanies reporting Before the Market Open on Wednesday, December 19
Notable companies reporting before the opening bell include FedEx (FDX), General Mills (GIS),Navistar International (NAV) and Park Electrochemical (PKE).
News For FDX;GIS;NAV;PKE From The Last 14 Days
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August 28, 2015
08:23 EDTNAVNavistar volatility elevated into Q3 and outlook
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August 27, 2015
16:23 EDTGISB&G Foods in advanced talks for General Mills' Green Giant unit, Reuters says
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15:59 EDTGISB&G in late stage talks to buy General Mills' Green Giant business, Reuters says
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August 26, 2015
13:14 EDTGISGeneral Mills recalls 'limited' quantity of frozen Cascadian Farm green beans
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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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August 19, 2015
10:00 EDTNAVOn 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.
06:31 EDTNAVNavistar initiated with a Neutral at Macquarie
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August 18, 2015
06:39 EDTFDXUSPS boosts same-day delivery to compete with FedEx, UPS, Amazon, WSJ says
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August 14, 2015
11:18 EDTGISNestle, General Mills could pursue Mondelez, The Deal says
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11:14 EDTGISNestle, General Mills could pursue Mondelez, The Deal says
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10:50 EDTFDXCiti says FedEx outlook still positive despite headwinds
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10:02 EDTNAVOn The Fly: Analyst Upgrade Summary
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08:14 EDTFDXFedEx multiple remains well below UPS, says Citi
Citi analyst Christian Wetherbee lists reasons to buy shares of FedEx (FDX) in a note to investors this morning. The stock's multiple remains "compelling" and well below peer UPS (UPS), while the shipping giant is highly levered to e-commerce growth, Wetherbee writes. The analyst keeps a Buy rating on FedEx with a $205 price target.
07:24 EDTNAVNavistar upgraded to Market Perform from Underperform at BMO Capital
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06:21 EDTFDXEU to rule on FedEx, TNT deal by January 13, Reuters reports
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