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Stock Market & Financial Investment News

News Breaks
June 9, 2014
16:22 EDTFDXFedEx raises quarterly dividend to 20c per share
The Board of Directors of FedEx Corporation declared a quarterly cash dividend of 20c per share on FedEx Corporation common stock, a 5c per share increase from the prior quarter’s dividend. The dividend is payable July 3 to stockholders of record at the close of business on June 19.
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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