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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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November 21, 2014
08:59 EDTFDXFedEx price target raised to $179 from $149 at Bernstein
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November 19, 2014
07:23 EDTFDXFedEx, UPS preparing for earlier holiday rush after last year, WSJ says
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November 14, 2014
16:58 EDTFDXThird Point gives quarterly update on stakes
NEW STAKES: Alibaba (BABA), eBay (EBAY), Bed Bath & Beyond (BBBY), Shire (SHPG), and Parker Hannifin (PH). INCREASED STAKES: Actavis (ACT), Amgen (AMGN), EQT (EQT), Sensata (ST), Coca-Cola Enterprises (CCE). DECREASED STAKES: Williams Cos (WMB), Ally Financial (ALLY), Cheniere Energy (LNG), YPF (YPF), and FedEx (FDX). LIQUIDATED STAKES: AIG (AIG), T-Mobile (TMUS), Rackspace (RAX), Hertz (HTZ), and Citrix Systems (CTXS).

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