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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.
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May 23, 2013
05:45 EDTFDXBig companies remove subsidiaries based on SEC disclosure rules, WSJ reports
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May 15, 2013
08:02 EDTFDXFedEx should be bought on pullbacks, says RW Baird
Baird lowered its estimates on FedEx to reflect below consensus Q4 results and guidance. The firm cited continued international airfreight weakness but sees stabilizing signs. Baird remains constructive on the shares citing low investor sentiment and potential for margin improvements. Shares are Outperform rated with a $112 price target.
07:31 EDTFDXFedEx news should improve investor sentiment, says Oppenheimer
After FedEx announced that it anticipates delivering $1.65B of annualized profitability improvement by FY16, Oppenheimer believes that this news, along with a capacity cut and the company's recent win of a major Post Office contract, will improve investor sentiment towards the stock. The firm reiterates an Outperform rating on the shares.
May 14, 2013
07:23 EDTFDXOppenheimer to host a summit
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