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Stock Market & Financial Investment News

News Breaks
June 19, 2014
07:37 EDTFDXFedEx reported strong Q4 results, says Oppenheimer
After FedEx reported better than expected Q4 results, Oppenheimer thinks the company's FY15 guidance was strong. The firm notes that all of the company's segments are expected to expand in FY15, and it raised its price target on the shares to $161 from $157. It keeps an Outperform rating on the stock.
News For FDX From The Last 14 Days
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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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July 17, 2014
18:54 EDTFDXFedEx says innocent of drug charges, will plead not guilty, Bloomberg reports
18:52 EDTFDXFedEx indicted for its role in distributing controlled substances
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