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Stock Market & Financial Investment News

News Breaks
March 21, 2014
07:17 EDTFDXFedEx should be sold into strength, says Bernstein
After FedEx reported weaker than expected results, Bernstein is less confident in the company's restructuring initiative and lowered its projections for the company's Express unit. The firm recommends trimming positions in the name on strength, and lowered its price target on the shares to $136 from $141. It keeps a Market Perform rating on the shares.
News For FDX From The Last 14 Days
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February 27, 2015
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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