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Stock Market & Financial Investment News

News Breaks
December 7, 2012
09:05 EDTFDXFedEx to move 19M packages on December 10
FedEx team members are preparing for a record-breaking day at FedEx on Monday, December 10, when 19M packages are expected to move through the FedEx networks on what is projected to be the busiest day in company history. The company expects it will deliver 280M packages through its global networks between Thanksgiving and Christmas, up 13% from 2011.
News For FDX From The Last 14 Days
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October 13, 2014
06:02 EDTFDXFedEx sued by EEOC for disability discrimination
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October 8, 2014
10:06 EDTFDXStephens transportation analysts hold an analyst/industry conference call
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October 6, 2014
07:12 EDTFDXThe MedTech Conference holds a conference
AdvaMed 2014 is being held in Chicago on October 6-8.
06:30 EDTFDXFedEx confirms, responds to Kansas Supreme Court decision
FexEx confirmed the Kansas Supreme Court issued a decision finding that a class of mostly former contractors in the state of Kansas should be considered employees under the Kansas Wage Payment Act, contrary to previous rulings by the United States District Court for the Northern District of Indiana. The decision applies to those independent contractors operating in Kansas from 1998-2007. The model that the court reviewed is no longer in use. FedEx said, "We fundamentally disagree with this ruling and are committed to protecting the rights of thousands of independent business owners to continue owning and operating their own businesses. More than 100 state and federal decisions – including that of the U.S. Court of Appeals for the D.C. Circuit – have upheld our contractual relationships with independent businesses. At this time we are considering available options in response to the court’s decision."

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