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Stock Market & Financial Investment News

News Breaks
June 18, 2014
06:29 EDTFDXFedEx informs DOJ, SEC about Kenya bribery allegations, WSJ reports
According to a statement issued to the Wall Street Journal, FedEx has informed the DOJ and SEC that it received allegations that its operation in Kenya paid bribes to government officials, violating the Foreign Corrupt Practices Act. FedEx says it is investigating these allegations and "has not found anything to substantiate the allegations." Reference Link
News For FDX From The Last 14 Days
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July 31, 2014
11:02 EDTFDXHealthways siged FedEx as customer, says Piper Jaffray
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July 29, 2014
15:53 EDTFDXFedEx pleads not guilty to unlawful drug shipping charges, Bloomberg says
FedEx entered a plea of not guilty to U.S. federal charges that it delivered controlled substances and misbranded drugs for illegal internet pharmacies, according to Bloomberg. FedEx may face a fine alleged to be at least $820M if found guilty, Bloomberg added. Reference Link
July 18, 2014
16:20 EDTFDXOn The Fly: Closing Wrap
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09:32 EDTFDXFedEx slips in early trading, levels to watch
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06:33 EDTFDXFedEx says loss from DOJ suit 'could be material' if convicted
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06:30 EDTFDXFedEx says innocent of charges brought by Justice Department
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