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Stock Market & Financial Investment News

News Breaks
December 11, 2012
12:19 EDTFDXFedEx emails reveal company 'systematically overcharged' customers, FT says
As part of a lawsuit being brought against FedEx (FDX) that alleges the company levied residential surcharges to business deliveries, emails were made public that reveal the company was aware it "systematically overcharged" government and business customers, according to a Financial Times report. The report notes that the emails were made public Monday after a judge overturned a ruling that had kept them confidential. Reference Link
News For FDX 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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