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Stock Market & Financial Investment News

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November 7, 2012
06:58 EDTFDXFedEx shares undervalued, says Citigroup
After meeting with FedEx's management, Citigroup doesn't believe that the stock adequately reflects near trough fundamentals or the near-term earnings catalysts FedEx will receive from its restructuring initiative. The firm notes that one-third of restructuring benefits are expected to occur in FY14 and it expects the stock to be boosted by progress towards restructuring goals. The firm reiterates a Buy rating.
News For FDX From The Last 14 Days
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November 24, 2015
13:08 EDTFDXFTC clears FedEx, TNT Express tie-up, Reuters says
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08:48 EDTFDXAmazon may be running air cargo trial in Ohio, Motherboard says
Amazon (AMZN), which has been increasingly investing in its own alternatives to UPS (UPS), FedEx (FDX) and other shipping partners, may be utilizing a third-party air cargo operation in Ohio, dubbed "Aerosmith," on a trial basis to transport products between East Coast and West Coast fulfillment operations, according to Motherboard. Reference Link
November 18, 2015
06:19 EDTFDXUPS, FedEx peers see business in bulky item deliveries, WSJ says
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November 16, 2015
09:37 EDTFDXActive equity options trading on open
Active equity options trading on open: AAPL FB ORCL BAC SUNE FDX FCX EXPE NFLX MU AMZN INTC TSLA

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