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Stock Market & Financial Investment News

News Breaks
March 19, 2014
08:46 EDTFDXFedEx sees 2014 U.S. GDP growth 2.6%
FedEx sees U.S. GDP growth of 2.6% in calendar year 2014 and 3% growth in calendar year 2015. For U.S. industrial production, the company expects growth of 3.4% in 2014 and 3.7% in 2015.
News For FDX From The Last 14 Days
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February 9, 2016
12:50 EDTFDXAmazon working on global delivery business to challenge Alibaba, Bloomberg says
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07:45 EDTFDXUPS, FedEx face limited risk from Amazon initiative, says Bernstein
After Amazon (AMZN) launched a network of 23 sortation centers, Bernstein says that Amazon is carrying out postal injection operations, not building a ground delivery system. Moreover, Amazon's postal injection system is inferior to those of FedEx and UPS, and can only operate in the most dense areas, according to Bernstein, The firm keeps an Outperform rating on UPS and a Market Perform rating on FedEx.
February 2, 2016
05:50 EDTFDXBrazil approves FedEx's proposed acquisition of TNT Express, Reuters says
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