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Stock Market & Financial Investment News

News Breaks
February 6, 2013
11:44 EDTFDX, UPSSaturday mail end unlikely to impact FedEx, UPS, says Wells Fargo
Wells Fargo believes the United States Postal Service's decision to eliminate Saturday mail deliveries will not have a meaningful impact on FedEx (FDX) or UPS (UPS). Wells notes that the Postmaster General indicated Saturday package deliveries would continue, and points out that while FedEx and UPS compete with the USPS for package business, both companies also cooperate with the USPS for certain residential package products.
News For FDX;UPS From The Last 14 Days
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February 27, 2015
09:58 EDTFDXOn The Fly: Analyst Upgrade Summary
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06:24 EDTFDXFedEx upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse upgraded FedEx to Outperform to reflect the shift in capex focus towards U.S. Ground Network capacity, a higher margin business and less capital intensive than Express. The firm expects consolidated margins and ROIC to improve should FDX Ground continue its outsized growth. Price target to $203 from $177.
February 26, 2015
06:35 EDTFDXBoeing, FedEx oppose punishing Gulf airlines for alleged subsidies, Reuters says
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February 24, 2015
06:29 EDTFDXCriticism grows against U.S. airline attempts to limit Gulf airlines, WSJ says
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