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Stock Market & Financial Investment News

News Breaks
December 26, 2013
09:48 EDTFDX, UPSFedEx, UPS could experience brand damage, says Wells Fargo
After shipments by FedEx (FDX) and UPS (UPS) that were supposed to be delivered before Christmas were delayed until after the holiday, Wells Fargo thinks the companies may experience some short-term brand damage. However, the firm says that there are limited alternatives for residential deliveries, while both firms have a long history of favorable service. The firm adds that both companies may have to invest more money to handle demand surges. It keeps Market Perform ratings on both stocks.
News For FDX;UPS From The Last 14 Days
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April 13, 2014
19:35 EDTFDXNTSB launches go-team to investigate bus and truck collision in California
In response to the bus crash involving a FedEx truck last week, the NTSB issued the following press release on its website on Friday: The National Transportation Safety Board has launched a go-team to investigate a crash involving a truck that crossed over the center median of Interstate 5 and collided with a motor coach in Orland, California. Highway Safety Investigator Robert Accetta will serve as the investigator-in-charge, leading a multi-disciplinary team of NTSB personnel. NTSB Board Member Mark Rosekind is accompanying the team and will serve as the principal spokesperson during the on-scene phase of the investigation. Reference Link
April 11, 2014
10:29 EDTFDXTen people die after FedEx truck crashes into bus, USA Today says
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April 9, 2014
07:36 EDTFDXCFA Society of Cleveland to hold a luncheon meeting
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April 4, 2014
08:44 EDTUPSUPS supply chain management favors its strategy, says RW Baird
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