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News Breaks | | | | February 6, 2013 | | 07:38 EDT |  | UPS, FDX | Postal Service cutting Saturday mail, AP reports
The U.S. Postal Service plans to stop delivering mail on Saturdays beginning in August, in a move to cut costs, the Associated Press reports. The cut would mean a cost saving of about 42B annually. USPS plans to continue delivering packages six days a week. Reference Link | |
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News For UPS;FDX From The Last 14 Days Check below for free stories on UPS;FDX the last two weeks. |
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| May 23, 2013 | | 05:45 EDT | | FDX | Big companies remove subsidiaries based on SEC disclosure rules, WSJ reports
 Subscribe for More Information | | | May 15, 2013 | | 08:02 EDT |  | FDX | FedEx should be bought on pullbacks, says RW Baird
Baird lowered its estimates on FedEx to reflect below consensus Q4 results and guidance. The firm cited continued international airfreight weakness but sees stabilizing signs. Baird remains constructive on the shares citing low investor sentiment and potential for margin improvements. Shares are Outperform rated with a $112 price target. | | | 07:31 EDT | | FDX | FedEx news should improve investor sentiment, says Oppenheimer
After FedEx announced that it anticipates delivering $1.65B of annualized profitability improvement by FY16, Oppenheimer believes that this news, along with a capacity cut and the company's recent win of a major Post Office contract, will improve investor sentiment towards the stock. The firm reiterates an Outperform rating on the shares. | | | May 14, 2013 | | 07:23 EDT |  | FDX | Oppenheimer to host a summit
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