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Stock Market & Financial Investment News

News Breaks
November 20, 2012
14:17 EDTFDX, PLUGPlug Power selected for $2.5M award from DOE
Plug Power (PLUG) has been selected for a $2.5M award from the U.S. Department of Energy to modify electric tow tractor ground equipment to function with GenDrive hydrogen fuel cells in airport applications. Under a three-year initiative with the DOE's Office of Energy Efficiency and Renewable Energy, 15 tow tractors will be deployed at FedEx Express airport hub locations in Memphis, Tennessee and Oakland, California. FedEx (FDX) will deploy hydrogen fuel cell technology at these sites to study the productivity, efficiency and the environmental benefits of using hydrogen.
News For PLUG;FDX From The Last 14 Days
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August 30, 2015
21:50 EDTFDXFedEx pilots union leadership approves tentative agreement
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August 28, 2015
11:25 EDTPLUGPlug Power COO buys 14K shares
In a regulatory filing, Plug Power COO Keith Schmid disclosed that he acquired 14,000 shares of company stock yesterday, August 27, at an average price of $1.80 per share.
August 23, 2015
17:40 EDTFDXJudge sends FedEx driver lawsuit back to trial court, Bloomberg says
A federal appeals court has sent a dispute over the employment status of FedEx drivers back to trial court, saying a jury must decide whether the drivers are independent contractors or full-fledged employees, reports Bloomberg. The verdict gives FedEx another chance to defend its practices, according to the report. Reference Link
August 21, 2015
06:34 EDTFDXFedEx to launch EUR 8.00 bid for TNT Express on Aug. 24
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August 20, 2015
17:52 EDTFDXUPS pilots President issues statement on FedEx/ALPA tentative agreement
The following statement is from Captain Robert Travis, President of the Independent Pilots Association regarding the tentative pilot labor agreement between FedEx (FDX) and ALPA: "We congratulate our pilot peers and FedEx on reaching a new tentative collective bargaining agreement. While we have not seen the details, the IPA will refrain from commenting on the merits of the tentative agreement until the ALPA ratification process has been completed. If approved, however, the FedEx pilot contract will bring labor peace to our largest competitor. In sharp contrast, UPS (UPS) management has created a bitter standoff with its pilot employees, unnecessarily dragging out contract talks for four years. UPS must not allow itself to be left behind by FedEx. The IPA calls on UPS management to work with its pilots to expeditiously achieve an agreement."
17:33 EDTFDXFedEx reaches tentative agreement with Air Line Pilots Association
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12:05 EDTFDXBoeing reports eight new orders in weekly update
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August 19, 2015
11:42 EDTPLUGPlug Power calls Wal-Mart 'satisfied customer' in blog post
In a blog post titled "GenKey Success with Walmart," Plug Power wrote, "Since GenKey's inception in early 2014, its value proposition has been proven for many of our material handling customers, including Walmart. Plug Power's GenKey solution packages all elements of a high-performance hydrogen fuel cell implementation together in one bundle for easy adoption: GenDrive fuel cell units, GenFuel hydrogen and fueling infrastructure, and GenCare service...On paper, the solution is great. But it's really when we see a satisfied customer like Walmart make ongoing investments to convert its material handling fleets to GenKey hydrogen and fuel cells, at one distribution center after another, that we fully understand the successful impact our product is having on North America's leading retailer...We value our opportunity to provide Walmart warehouse facilities with viable hydrogen and fuel cell solutions that are helping to improve business operations, increase production efficiencies, and bring sustainable power to the industry. Walmart's continual GenKey adoption is not only a validation of our value proposition, but a validation of our technology." Reference Link
August 18, 2015
06:39 EDTFDXUSPS boosts same-day delivery to compete with FedEx, UPS, Amazon, WSJ says
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