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Stock Market & Financial Investment News

News Breaks
March 19, 2014
08:45 EDTFDXFedEx sees 2014 global economic growth of 2.8%
Sees 2015 global economic growth of 3.1%. FedEx said it expects economic growth to look better in calendar 2014 than in calendar 2013, though growth remains moderate overall. FedEx global growth outlook presented on FedEx Q3 earnings conference call.
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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