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Stock Market & Financial Investment News

News Breaks
September 18, 2013
10:33 EDTLPI, FDX, GTAT, JAKKHigh option volume stocks: GTAT LPI T JAKK FDX
News For GTAT;LPI;JAKK;FDX From The Last 14 Days
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July 31, 2015
10:44 EDTFDXFedEx offer to acquire TNT Express enters Phase II review with EU
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10:30 EDTFDXFedEx still sees TNT deal completing in first half of 2016, Bloomberg reports
FedEx (FDX) continues to expect its acquisition of TNT Express (TNTEY) completing in the first half of 2016, Bloomberg reports. The company is confidence the deal will increase competition, the news service adds. The comments come after the European Union opened an investigation into the merger.
09:34 EDTFDXEurope opens investigation into FedEx acquisition of TNT Express
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July 24, 2015
17:21 EDTFDXFedEx backs FY16 $4.6B capital spending view
On July 21, FedEx Corporation’s wholly owned subsidiary Federal Express Corporation and The Boeing Company entered into Supplemental Agreement No. 6 to Purchase Agreement Number 3712 dated as of December 14, 2011, between Boeing and FedEx Express related to Boeing 767-300 Freighter aircraft. In the Supplemental Agreement, FedEx Express agreed to purchase 50 additional B767F aircraft from Boeing. Four of the 50 additional firm-order B767F aircraft purchases are conditioned upon there being no event that causes FedEx Express or its employees not to be covered by the Railway Labor Act of 1926, as amended. The 50 additional firm-order B767F aircraft are expected to be delivered from fiscal 2018 through fiscal 2023 and will enable FedEx Express to continue to improve the efficiency and reliability of its aircraft fleet. FedEx Express now has a total of 106 firm orders for B767F aircraft from Boeing through fiscal 2023. In the Supplemental Agreement, FedEx Express also acquired options to purchase an additional 15 B767F aircraft. As a result, FedEx Express now has options to purchase a total of 50 B767F aircraft from Boeing. Expected capital spending for FedEx Corporation for fiscal 2016 remains at approximately $4.6 billion. The impact to FedEx Corporation’s capital spending in fiscal 2017 from this new B767F aircraft order is expected to be immaterial.
July 23, 2015
14:34 EDTFDXFedEx CEO says would do business in Iran if permitted
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14:30 EDTFDXFedEx CEO feels Fed shoud raise rates this year
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July 22, 2015
07:54 EDTJAKKJAKKS Pacific affirms FY15 EPS 71c-75c, consensus 74c
Affirms Fy15 revenue $730M-$740M, consensus $742.97M. Adjusted EBITDA for the year is expected in the range of $56M-$58M.
07:53 EDTJAKKJAKKS Pacific reports Q2 EPS (30c), consensus (35c)
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July 21, 2015
17:41 EDTFDXFedEx to acquire fifty additional 767-300F aircraft from Boeing
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July 20, 2015
09:03 EDTJAKKSkechers partners with JAKKS Pacific for Twinkle Toes branded dolls
SKECHERS USA, Inc. (SKX) announced that it has partnered with JAKKS Pacific, Inc. (JAKK) to launch a new line of dolls based on SKECHERS’ Twinkle Toes character. Additionally, SKECHERS and JAKKS have partnered to create original digital media content that is animated by the state-of-the-art production team Cosmic Toast Studios. Beginning in July, 11 webisodes featuring the Twinkle Toes doll characters will be released bimonthly on TwinkleToesUSA.com. Each webisode will follow the adventures of the four “Twinkle Girls” as they encounter life lessons and themes such as friendship, the importance of education, and setting goals. The SKECHERS Twinkle Toes doll line is now available nationwide at Toys “R” Us and is scheduled to launch at select Target retail stores in Fall 2015.

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