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Stock Market & Financial Investment News

News Breaks
January 7, 2014
07:07 EDTFDX, PLUGPlug Power to develop fuel cell range extenders for FedEx delivery trucks
Plug Power (PLUG) announced it will develop hydrogen fuel cell range extenders for 20 FedEx (FDX) Express electric delivery trucks, allowing FedEx Express to nearly double the amount of territory the vehicles can cover with one charge. This $3M project is funded by the US Department of Energy and includes project partners FedEx Express, Plug Power and Smith Electric Vehicles. The resulting hybrid vehicles will be powered by lithium-ion batteries and a 10-kilowatt Plug Power hydrogen fuel cell system. The fuel cell solution is based on Plug Power's GenDrive Series 1000 product architecture.
News For PLUG;FDX From The Last 14 Days
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February 9, 2016
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 3, 2016
07:55 EDTPLUGPlug Power coverage assumed with a Neutral at Roth Capital
February 2, 2016
05:50 EDTFDXBrazil approves FedEx's proposed acquisition of TNT Express, Reuters says
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January 27, 2016
07:43 EDTFDXStephens says FedEx among favorites names over next 12-24 months
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January 26, 2016
17:13 EDTFDXFedEx announces new 25M share repurchase program
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