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Stock Market & Financial Investment News

News Breaks
January 8, 2013
07:48 EDTFDX, TNTEY, UPSUPS efforts to sell TNT assets not helped by FedEx, FT says
UPS’ (UPS) last-ditch efforts to win EU approval for its proposed takeover of TNT Express (TNTEY) have been complicated by FedEx (FDX), which would not engage in serious talks to buy a package of TNT assets unless a bigger package was offered, according to Financial Times, citing people involved in the clearance talks. The report added that France’s DPD remains as the lone contender to buy the TNT assets in question. Reference Link
News For UPS;TNTEY;FDX From The Last 14 Days
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February 27, 2015
09:58 EDTFDXOn The Fly: Analyst Upgrade Summary
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06:24 EDTFDXFedEx upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse upgraded FedEx to Outperform to reflect the shift in capex focus towards U.S. Ground Network capacity, a higher margin business and less capital intensive than Express. The firm expects consolidated margins and ROIC to improve should FDX Ground continue its outsized growth. Price target to $203 from $177.
February 26, 2015
06:35 EDTFDXBoeing, FedEx oppose punishing Gulf airlines for alleged subsidies, Reuters says
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February 24, 2015
06:29 EDTFDXCriticism grows against U.S. airline attempts to limit Gulf airlines, WSJ says
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