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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.
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February 9, 2016
12:50 EDTFDXAmazon working on global delivery business to challenge Alibaba, Bloomberg says
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07:45 EDTFDXUPS, FedEx face limited risk from Amazon initiative, says Bernstein
After Amazon (AMZN) launched a network of 23 sortation centers, Bernstein says that Amazon is carrying out postal injection operations, not building a ground delivery system. Moreover, Amazon's postal injection system is inferior to those of FedEx and UPS, and can only operate in the most dense areas, according to Bernstein, The firm keeps an Outperform rating on UPS and a Market Perform rating on FedEx.
February 2, 2016
05:50 EDTFDXBrazil approves FedEx's proposed acquisition of TNT Express, Reuters says
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