FedEx Stock Is at Its Bottom—And It May Be Time to Buy
- FedEx NYSE: FDX faces hurdles and headwinds, but its stock is at the bottom of its decline because its turnaround and optimization strategy is gaining traction. The FQ1 results and guidance reveal the impacts, including plans to accelerate efforts and potentially exceed the long-term cost-savings targets.
- 06/26/2025
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FedEx Vs UPS: Which Delivery Services Stock is the Better Buy the Dip Target?
- As potential buy-the-dip targets, FedEx (FDX) and UPS (UPS) stock are very appealing in terms of value.
- 06/25/2025
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Live Nasdaq Composite: Markets Eye Fresh Highs Amid Cooling Mideast Tensions
- Live Updates Live Coverage Updates appear automatically as they are published. Wall Street Is Bullish on NOW and STLA 11:31 am by Gerelyn Terzo Wall Street analysts are active today. Here are some additional analyst calls: DA Davidson started coverage of AI-powered software platform ServiceNow (NYSE: NOW) with a “buy” rating and $1,150 price target, calling its business “best of breed.” Jefferies analysts upgraded shares of Netherlands-based automaker Stellantis (NYSE: STLA) to a “buy” rating from hold as the company’s restructuring efforts pay off. The stock is rising 2.9% today. Stocks remain mixed, with the Nasdaq Composite now up 0.35%. Rate Cut Horizon 9:48 am by Gerelyn Terzo While Fed Chairman Jerome Powell has been avoiding interest rate cuts at all costs in 2025, the pendulum could swing in the opposite direction next year. At least that is what Morgan Stanley experts believe, predicting that the Fed will implement a whopping six rate cuts in 2026. The Nasdaq Composite is up 0.64%. This article will be updated throughout the day, so check back often for more daily updates. Now that a ceasefire between Iran and Israel appears to be more stable, the markets are breathing a sigh of relief – at least for now. Stocks are mixed but leaning toward optimism, with the Nasdaq Composite and S&P 500 advancing slightly while the Dow Jones Industrial Average trails behind. The broader markets are inching ever closer to clinching fresh all-time highs, with the S&P 500 now approaching a new record. Yesterday, the tech-focused Nasdaq 100 index set a new record, with data analytics software stock Palantir Technologies’ (Nasdaq: PLTR) 90% year-to-date advance serving as a tailwind. With record highs within sight, Wall Street bulls are circling. Analyst firm BMO is the latest Wall Street firm to increase its year-end S&P 500 target. BMO’s Chief Investment Strategist Brian Belski raised the firm’s S&P 500 2025 forecast to 6,700, up from 6,100 previously. Here’s a look at the performance as of morning trading: Dow Jones Industrial Average: Down 50.23 (-0.12%) Nasdaq Composite: Up 119.15 (+0.60%) S&P 500: Up 11.02 (+0.18%) Wall Street Moves Bernstein is bullish on digital asset exchange Coinbase (Nasdaq: COIN), calling this crypto play “misunderstood” and implying there is room for 50% gains in the share price. Loop Capital analysts raised their price target on Nvidia (Nasdaq: NVDA) by $75 to $250 while maintaining a “buy” rating on the leading AI stock. This move makes Loop Capital the most bullish Wall Street firm on Nvidia stock in terms of the price target. Microsoft (Nasdaq: MSFT) is also getting some bullish attention. Wells Fargo increased its price target on MSFT shares by $20 to $585 with an “overweight” rating still attached. FedEx (NYSE: FDX) stock is losing 5.2% on the day after revealing a massive $170 million impact related to tariffs. Tesla (Nasdaq: TSLA) is down 5% on heightened competition out of China for EVs. The post Live Nasdaq Composite: Markets Eye Fresh Highs Amid Cooling Mideast Tensions appeared first on 24/7 Wall St..
- 06/25/2025
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FedEx Shares Slip After Fiscal Q4 Earnings: ETFs in Focus
- FDX tops Q4 estimates but falls over 5% on weak guidance, shaking ETFs with high FedEx exposure like SUPL and IYT.
- 06/25/2025
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FedEx Shares Down Almost 6% Despite Q4 Earnings & Revenues Beat
- FDX's fourth-quarter fiscal 2025 results are aided by from cost reduction benefits from the DRIVE program initiatives, higher volume at Federal Express and higher base yield at each transportation segment.
- 06/25/2025
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FedEx shares fall as dismal forecast fans concerns over Trump tariffs
- The underwhelming forecast sent investors spiraling, since the company often acts as a bellwether for several other industries.
- 06/25/2025
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FedEx Grows Profits, Cuts Costs in Fiscal Q4 2025
- FedEx Corporation (FDX -1.81%) reported its fiscal 2025 fourth-quarter earnings on June 24, 2025, achieving 1% revenue growth and an 8% increase in adjusted operating income, as well as 60 basis points of adjusted operating margin expansion. In fiscal 2025, it returned $4.3 billion to shareholders via stock buybacks and dividends, and executed major strides in network optimization and segment transformation despite significant industry and macroeconomic headwinds.
- 06/25/2025
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FedEx Profit Guidance Disappoints as Tariffs Weigh on Demand
- FedEx forecast a worse-than-expected profit for the current quarter and said it would only share its outlook for the current quarter due to the uncertain environment for global demand. Katie Linsell reports on Bloomberg Television.
- 06/25/2025
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FedEx: Controlling What It Can
- Here's our initial take on FedEx's (FDX -5.18%) financial report.
- 06/25/2025
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FedEx Issues Soft Guidance, Joins Torrid Holdings, Allot And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
- U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Wednesday.
- 06/25/2025
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FedEx Stock Fall Is Unjustified
- FedEx is deeply undervalued versus UPS, with lower leverage and significant cost-cutting initiatives driving improved profitability and shareholder returns. Despite recent share price declines and some operational weaknesses, FedEx exceeded its own revenue targets and delivered solid earnings growth. Ongoing DRIVE and Network 2.0 initiatives have achieved $4 billion in cost reductions, with more savings and a FedEx Freight spinoff expected in 2026.
- 06/25/2025
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FedEx Stock: Is It Time To Buy The Dip?
- FedEx (NYSE: FDX) stock fell 6% in after-market trading on Tuesday, June 24, following its Q4 FY2025 earnings report (fiscal year ends in May). While the company's results surpassed consensus estimates, a cautious outlook for the upcoming quarter concerned investors.
- 06/25/2025
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FedEx: Data and Digital Solutions Help Customers Navigate Tariffs' Impact
- FedEx found that its data and its digital platform-based solutions helped the company and its customers navigate the challenges of tariffs and changing trade policies during the most recent quarter.
- 06/24/2025
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FedEx Corporation (FDX) Q4 2025 Earnings Call Transcript
- FedEx Corporation (NYSE:FDX ) Q4 2025 Earnings Conference Call June 24, 2025 5:00 PM ET Company Participants Brie A. Carere - Executive VP & Chief Customer Officer Jenifer Hollander - Vice President of Investor Relations John W.
- 06/24/2025
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FedEx Rewards Shareholders With 5.1% Hike in Quarterly Dividend
- FDX's consistent efforts to reward its shareholders through dividend hikes highlight its financial bliss.
- 06/10/2025
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Here's Why Investors Should Give FedEx Stock a Miss Now
- FDX battles rising costs and weak Freight results in the third quarter of 2025, casting doubt on its efficiency-driven strategy.
- 06/10/2025
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FedEx (FDX) Exceeds Market Returns: Some Facts to Consider
- The latest trading day saw FedEx (FDX) settling at $222.18, representing a +1.17% change from its previous close.
- 06/09/2025
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FedEx Corp. Board Increases Quarterly Dividend Five Percent
- MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corp. (NYSE: FDX) today approved an increase in the annual dividend rate on FedEx Corp. common stock of 5%, or $0.28 per share, to $5.80 per share for fiscal 2026 in line with the company's continued focus on delivering stockholder value. The Board today also declared a quarterly cash dividend of $1.45 per share on FedEx Corp. common stock. The dividend is payable July 8, 2025 to stockholders of record at the close of business on.
- 06/09/2025
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FedEx Corporation: Consistency Is Key
- The company has struggled over the past decade, but has performed better in recent years. The Net Debt to EBITDA ratio is elevated compared to historical levels and compared to its closest competitor. The dividend growth has been excellent with the company's 3-, 5- and 10-year dividend growth rates are above 15%.
- 06/05/2025
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FedEx (FDX) Stock Dips While Market Gains: Key Facts
- The latest trading day saw FedEx (FDX) settling at $217.89, representing a -0.1% change from its previous close.
- 06/02/2025
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Arrive AI Appoints Former FedEx Executive Laurie Tucker to Board of Directors
- INDIANAPOLIS, INDIANA / ACCESS Newswire / June 2, 2025 / Arrive AI (NASDAQ:ARAI), an autonomous delivery network anchored by patented AI-powered Arrive Points™, announced today that Laurie Tucker , has joined its Board of Directors. Tucker, a former Senior Vice President of Marketing at FedEx and an experienced board member, brings invaluable logistics and strategic expertise to Arrive AI.
- 06/02/2025
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FedEx expected to miss earnings estimates amid weaker international demand, UBS says
- FedEx Corp (NYSE:FDX, ETR:FDX) is expected to report fiscal fourth quarter 2025 earnings below market expectations, according to analysts at UBS, as softer international demand and macro volatility weigh on results. They project earnings per share of $5.80, down from their earlier forecast of $6.22 and below the consensus of $6.01.
- 05/29/2025
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FedEx: Steady Growth With Predictable Returns
- FedEx is a global logistics leader with a mature business model, stable cash flows, and a focus on operational efficiency and technology investments. Revenue growth has stagnated, but low debt, strong margins, and reduced capital expenditures position FedEx for increased free cash flow and shareholder returns. My DCF and multiples-based valuation yields a fair value of $259 per share, implying a 20% upside from current levels—supporting a Buy recommendation.
- 05/28/2025
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FedEx (FDX) Rises But Trails Market: What Investors Should Know
- In the latest trading session, FedEx (FDX) closed at $219.76, marking a +1.45% move from the previous day.
- 05/27/2025
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6 Dividend Increases Expected In June 2025
- I'm highlighting 6 blue-chip stocks likely to announce dividend increases in June 2025, based on their consistent historical patterns. Dividend growth is crucial for my financial freedom strategy, especially during inflationary periods; I focus on stocks with strong dividend histories. Economic uncertainty and tariffs may impact the size of dividend hikes.
- 05/27/2025
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FedEx CEO talks tariff turmoil, his journey to the C-suite
- It has been nearly 3 years since Raj Subramaniam became the CEO of shipping giant FedEx. In an extended interview with Yahoo Finance Anchor Julie Hyman, Subramaniam discusses his journey to the C-suite and how Trump's tariffs could challenge the business.
- 05/26/2025
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FedEx Global Healthcare Secures IATA CEIV Pharma Corporate Certificate
- MIAMI--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today announced that at the 34th CNS Partnership Conference, the International Air Transport Association (IATA) recognized the FedEx Global Healthcare Quality Program with the CEIV Pharma Corporate Certification — a significant milestone in the company's commitment to quality, compliance, and leadership in pharmaceutical logistics. This corporate-level certificate for the company's hubs and ramps validates the strength of FedEx's quality managemen.
- 05/20/2025
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FedEx (FDX) Stock Drops Despite Market Gains: Important Facts to Note
- FedEx (FDX) concluded the recent trading session at $226.12, signifying a -1.48% move from its prior day's close.
- 05/19/2025
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FedEx Announces Leadership for Independent FedEx Freight Company Upon Separation
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) announced today several leadership roles as the company makes progress to separate its less-than-truckload (LTL) freight division. John A. Smith, chief operating officer, U.S. and Canada, of Federal Express, has been selected to serve as the president and CEO of FedEx Freight, and R. Brad Martin, vice chairman of the FedEx Corp. board of directors, has agreed to serve as chairman of the board of FedEx Freight. Both appointments will be ef.
- 05/19/2025
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Rosa: UPS and FedEx are very well positioned and cheap
- Ariel Rosa, Senior Analyst at Citi, says transport stocks like UPS and FedEx could surge as shipping rebounds. He sees rising demand, pricing power, and margins driving the sector higher.
- 05/14/2025
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FedEx (FDX) Stock Falls Amid Market Uptick: What Investors Need to Know
- FedEx (FDX) concluded the recent trading session at $231.15, signifying a -0.77% move from its prior day's close.
- 05/13/2025
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FedEx Risks Mount As Tariff Pressure Remains: Analyst Warns Of Increased Reporting Complexity
- Bank of America Securities analyst Ken Hoexter reiterated the Buy rating on FedEx Corporation FDX, lowering the price forecast from $272 to $270.
- 05/13/2025
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FedEx strikes new Amazon deal, says heavy and rural deliveries are money makers
- FedEx Corp. said that, following about a year of talks, it has a new delivery deal with Amazon.com Inc., which comes some five years after the two companies pared their delivery partnership.
- 05/13/2025
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Amazon and FedEx reach delivery deal following pullback by UPS
- Amazon and FedEx have entered a package delivery deal, with FedEx becoming "one of several third-party partners to deliver packages" to Amazon customers.
- 05/13/2025
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Amazon taps FedEx over UPS for multi-year large package delivery deal
- Amazon.com Inc (NASDAQ:AMZN) announced that it has entered into a multi-year agreement with FedEx Corp (NYSE:FDX, ETR:FDX) to handle the delivery of large and bulky residential packages across the United States. The partnership marks a renewal of relations between the two companies after FedEx ended its contract with Amazon in 2019.
- 05/13/2025
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Cramer's Mad Dash: Fedex
- Jim Cramer break down why he's keeping an eye on shares of Fedex.
- 05/13/2025
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FedEx Corporation (FDX) Bank of America Industrials, Transportation & Airlines Key Leaders Conference (Transcript)
- FedEx Corporation (NYSE:FDX ) Bank of America Industrials, Transportation & Airlines Key Leaders Conference May 12, 2025 6:00 PM ET Company Participants Brie Carere - Executive Vice President & Chief Customer Officer Jenifer Hollander - Vice President, Investor Relations John Dietrich - Executive Vice President & Chief Financial Officer Conference Call Participants Ken Hoexter - Bank of America Ken Hoexter Everybody, we're going to go ahead and get started. Welcome to our 32nd Annual BofA Industrial, Transportation and Airlines Key Leaders Conference, the 24th one that I've hosted.
- 05/13/2025
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With UPS Out, Amazon Turns to FedEx
- Amazon.com says it will again be using FedEx for package deliveries.
- 05/13/2025
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Amazon signs delivery deal with FedEx to fill void after UPS pulls back
- The deal may signal a thaw in relations between FedEx and Amazon.
- 05/12/2025
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Amazon Adds FedEx to Delivery Partners as UPS Cuts Back
- Amazon will have FedEx deliver large packages to the retailer's customers for the first time in six years. The companies reached a multiyear agreement that renews a relationship that ended in 2019, Bloomberg reported Monday (May 12).
- 05/12/2025
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50 Fortune World's Most Admired Companies (FWMAC): 24 "Safer", 1 Ideal Buy
- Fortune and Korn Ferry's survey identified the top 50 Most Admired Companies, focusing on criteria like investment value, management quality, and social responsibility. Four dividend-paying companies, including Pfizer and Nordstrom, met the "safer" qualification with free cash flow yields exceeding dividend yields. Analysts estimate net gains of 19.58% to 41.46% for top Fortune 50 WMA companies by May 2026, with Novo Nordisk leading.
- 05/12/2025
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Amazon Seals New Partnership With FedEx for Delivering Large Packages
- Amazon says the Memphis, Tenn., company will join other third-party partners including United Parcel Service and the U.S. Postal Service that regularly work alongside Amazon's last-mile delivery network to balance capacity.
- 05/12/2025
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Amazon strikes new partnership with FedEx after UPS pullback, Business Insider reports
- Amazon struck a new partnership with FedEx in late February to handle some parts of its package deliveries, Business Insider reported on Monday, citing an internal document.
- 05/12/2025
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Amazon strikes a new partnership with FedEx after UPS pullback
- Amazon has partnered with FedEx to fill some delivery gaps left by UPS. UPS announced earlier this year that it would significantly reduce deliveries for Amazon.
- 05/12/2025
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David Steiner, FedEx board member, tapped to lead U.S. Postal Service as postmaster general
- The U.S. Postal Service Board of Governors selected former Waste Management CEO David Steiner as postmaster general. Steiner, who is a board member of shipping giant FedEx, will succeed former Postmaster General Louis DeJoy, who resigned in March.
- 05/09/2025
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FedEx board member tapped to lead U.S. Postal Service
- The U.S. Postal Service Board on Friday said it named David Steiner, a FedEx board member and former CEO of Waste Management, as the new postmaster general after the White House pressured the prior leader to resign in March.
- 05/09/2025
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Markets close in the green, FedEx CEO discusses tariffs and global chains
- Yahoo Finance anchor Josh Lipton breaks down the market trends for May 7, 2025. Stocks close higher as the Fed holds rate steady.
- 05/07/2025
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FedEx's 'unique network' is well-positioned as supply chains evolve, CEO says
- Yahoo Finance host Julie Hyman spoke with FedEx CEO and president Raj Subramaniam at the company's Memphis headquarters to get a better sense of how the shipping and logistics titan perceives the Trump administration's deluge of tariff policies. Subramaniam emphasized FedEx's adaptability to shifting supply chains and demand, its ability to scale services, and how retailers and customers are responding to new tariff prices.
- 05/07/2025
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FedEx (FDX) Registers a Bigger Fall Than the Market: Important Facts to Note
- FedEx (FDX) closed the most recent trading day at $213.41, moving -1.65% from the previous trading session.
- 05/06/2025
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First Horizon Bank Joins FedEx St. Jude Championship as 2025 Official Financial Services Sponsor
- First Horizon to serve as presenting sponsor of tournament Pro-Am and Pairings Party MEMPHIS, Tenn. , May 6, 2025 /PRNewswire/ -- First Horizon Bank (NYSE: FHN) and tournament officials announced today that First Horizon Bank has been named as Official Financial Services sponsor of the 2025 FedEx St. Jude Championship at TPC Southwind, August 6-10, 2025, and will also serve as presenting sponsor of the tournament's Pairings Party and Championship Pro-Am on Wednesday, August 6, 2025.
- 05/06/2025
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FedEx: Logistics Leader On Generational Discount After Price Plummet
- FedEx's share price is down a staggering 31% from November highs, following a mixed Q3 earnings and the 2025 market correction fueled by tariff tensions. Despite short-term headwinds, FedEx still has sturdy financials, excellent efficiency and profitability metrics, and debt management. The company is on track to deliver $8 billion in cost savings with the DRIVE and Network 2.0 programs, enhancing long-term efficiency and free cash flows, potentially facilitating share buybacks.
- 05/05/2025
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FedEx (FDX) Surpasses Market Returns: Some Facts Worth Knowing
- FedEx (FDX) reachead $210.33 at the closing of the latest trading day, reflecting a +0.23% change compared to its last close.
- 04/30/2025
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SBSB Eastham Secures Take-Nothing Judgment on Behalf of FedEx Freight in $7.5 Million Service Center Dispute
- CORPUS CHRISTI, Texas--(BUSINESS WIRE)--In a complete defense victory, Schouest, Bamdas, Soshea, BenMaier & Eastham PLLC (SBSB Eastham) has secured a take-nothing judgment for its client FedEx Freight, Inc. in a lawsuit filed by the Florida-based company Zamindari Real Estate Investment One, LLC. The plaintiffs were seeking more than $7.5 million in damages claiming FedEx had failed to maintain a leased service center facility in Corpus Christi, Texas, claims the defendants vigorously denie.
- 04/30/2025
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FedEx Stock Analysis: I Reveal My Buy, Hold, or Sell Rating After I Evaluate the 3 Biggest Risks
- Logistics provider FedEx (FDX -0.75%) holds the second-largest market share in the category, behind UPS (UPS -0.33%), in the U.S. market.
- 04/30/2025
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indiGOtech Closes Strategic Funding Round from Industry Giants to Accelerate Sustainable Ride Hail and Delivery for Communities
- BOSTON , April 29, 2025 /PRNewswire/ -- indiGOtech (Tradename: GO), a new mobility tech company based in Massachusetts, today announced it closed a $54 million Series BB funding round, including investments from FedEx (NYSE: FDX), Foxconn (2354.TW) and FM Capital. These investments accelerate GO's mission to provide sustainable local transport, leveraging its patented SmartWheels™, Smart EVs and Smart Mobility Services.
- 04/29/2025
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Wall Street Loves 3 Strong Buy Dividend Stocks Spending Billions Buying Back Their Own Shares
- One of our favorite buy signals from major corporations we cover at 24/7 Wall St.
- 04/27/2025
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The Undervalued Logistics Giant: FedEx's Transformation Gains Momentum
- FedEx's operational transformation, including the "One FedEx" initiative and Network 2.0 program, aims to improve efficiency, margins, and flexibility in logistics and decision-making. Despite revenue declines post-pandemic, FedEx maintains strong cash flow, improved operating margins, and robust debt management, positioning for moderate growth in 2025. The company's shares are undervalued, presenting a buying opportunity with a potential 11.10% price increase and a total return of 13.79% including dividends.
- 04/23/2025
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FedEx Corporation: Downgrading To Hold On Visible Near-Term Earnings Risk
- I am downgrading FedEx to a hold due to significant macro risks, despite the company's strong cost control and operational improvements. Freight struggles and global tariffs are impacting demand, with industrial recovery not expected until 2FH26, affecting high-margin B2B shipments. Positive cost management is evident, with Express segment margins improving and significant savings from DRIVE and Network 2.0 initiatives.
- 04/23/2025
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2 Oversold Industrial Powerhouses Long-Term Dividend Investors Should Consider
- Prologis and EastGroup Properties are trading below historical averages, presenting a buying opportunity for long-term dividend investors amid market volatility. Both REITs have robust balance sheets, solid growth prospects, and well-covered dividends, making them resilient against economic downturns and tariff impacts. Prologis and EastGroup offer attractive dividend yields, with consistent growth and conservative payout ratios, ensuring steady income for investors.
- 04/23/2025
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Cashflow on Wheels, a Multistate FedEx and Amazon DSP Consolidator, Purchases 20 Mullen THREE Class 3s
- First 20 vehicles will be delivered in May to Cashflow on Wheels for FedEx routes in Texas and Georgia First 20 vehicles will be delivered in May to Cashflow on Wheels for FedEx routes in Texas and Georgia
- 04/21/2025
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Does FDX Stock's Lower Valuation Present a Smart Buying Opportunity?
- With earnings estimates for FDX moving south, we assess if it is a buy at the current levels.
- 04/15/2025
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3 Sector ETFs & Stocks to Gain Amid Upbeat March Jobs Data
- The March 2025 US jobs report revealed a robust addition of 228,000 jobs, surpassing economists' expectations of 140,000 and the 12-month average of 158,000.
- 04/09/2025
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UPS vs. FDX: Which Parcel Delivery Company is a Stronger Play Now?
- Amid low shipment volumes, cost-cutting efforts and tariff concerns, let's see which of these heavyweights, FDX or UPS, emerges as a better pick now.
- 04/03/2025
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All It Takes Is $4,000 Invested in Each of These 3 Dividend Stocks to Help Generate Over $300 in Passive Income per Year
- There are plenty of ways to generate passive income, such as bonds, Treasury notes, high-yield savings accounts, and even stocks. Dividend stocks can be especially effective over the long term because their passive income element complements the potential gains from the investment growing in value over time.
- 04/01/2025
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3 Stocks Near 52-Week Lows With Strong Rebound Potential
- It's not often that the stock market's cyclicality brings on value deals with the potential of making a life-changing return for investors, yet when those opportunities come about, they can be sure these will likely be short-lived as more capital starts to chase the diminishing opportunities of a value investment. Today, there are three names (big enough in the United States economy) that would fit this description for investors to consider.
- 03/31/2025
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The Big 3: FDX, UPS, LULU
- Global shipping and retail take focus for Joel Hawthorne in today's Big 3. He explains why he leans bearish on FedEx (FDX), UPS Inc. (UPS) and Lululemon (LULU) and offers example options trades for each company.
- 03/31/2025
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FedEx Stock's Sell-Off Drags Down UPS. Is the High-Yield Dividend Stock a Buy Now?
- Shares of FedEx (FDX -0.84%) hit a new 52-week low on March 21 after the company reported fiscal third-quarter earnings and trimmed its full-year guidance again. Shares of rival package delivery company United Parcel Service (UPS -1.18%) also fell on the news, and then sold off by another 5.1% on March 25 in apparent response to Bank of America analyst Ken Hoexter's downward revision of his forecast for the logistics giant.
- 03/29/2025
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FedEx Stock Hits 52-Week Low. Is the Dividend Stock a Buy Now?
- FedEx (FDX -0.84%) hit a 52-week low on March 21 after reporting earnings and slashing its full-year guidance. However, the stock has since recovered nearly all of the losses from that sell-off -- although FedEx is still down over 14% in the past year at the time of this writing.
- 03/29/2025
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How Should Investors Approach FDX Stock Post Q3 Earnings Miss?
- With FDX stock moving south, here we assess if it is a buy at current levels.
- 03/26/2025
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Analysts Turns Bullish on BA & Downgrade LMT, FDX New Bull
- Boeing's (BA) comeback story continues to fly higher after Melius Research upgraded the stock to buy, citing leadership changes and its Pentagon contract as catalysts. Melius and BofA also downgraded Lockheed Martin (LMT) as the firms see limited upside compared to Boeing.
- 03/24/2025
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Stock Of The Day: Does 'Good Action' In FedEx Mean A Move Higher?
- FedEx Corporation FDX is trading higher on Monday after the stock fell by almost 6.5% on Friday.
- 03/24/2025
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FedEx: Post-Earnings Correction Is A Buying Opportunity
- FedEx's revenue outlook is mixed, with macro and tariff-related headwinds offset by strong pricing and growth in high-margin markets like healthcare and e-commerce. The company's DRIVE program and network optimization efforts are expected to deliver solid cost savings and help margins. Valuation is lower than historical and when we look at upcoming catalysts like Freight spin off, cost reduction, and growth in profitable verticals, risk-reward looks attractive.
- 03/24/2025
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Rising E-Commerce Sales May Spark a Stock Breakout—What to Buy
- After the latest round of economic data hit every professional trader's desk, the moves were made into three distinct names in the retail sector. The moves were backed by leading growth in retail sales data pointing to a breakout in non-store retailers, otherwise known as the E-commerce companies of the economy.
- 03/24/2025
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FedEx Cut Its Outlook Again. Should Investors Worry?
- FedEx (FDX -6.49%) stock dropped more than 6% on Friday. This came after the company released earnings Thursday afternoon.
- 03/23/2025
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FedEx: Cheap, But Comes With Baggage
- The stock trades at an attractive 7.7x cash flow and 14.4 P/E, yet I remain cautious as weak demand in B2B and priority services could push prices lower. On the positive side, I see potential in the DRIVE cost-cutting plan, which saved $600M this quarter and is targeting $2.2B in annual savings in fiscal 2025. Additionally, I anticipate long term benefits if US tariffs improve domestic manufacturing, though I'm skeptical about the scale and timing of such a shift.
- 03/22/2025
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FedEx Corp.: Management's Optimism Has Gone Too Far (Rating Downgrade)
- FedEx's Q3 report showed mixed results with a top-line beat but a bottom-line miss, leading to another lowered FY25 guidance due to macroeconomic challenges. Management's bullish tone contrasts with continuous guidance cuts, raising concerns about their credibility and the effectiveness of initiatives like DRIVE and Network 2.0. The Freight spinoff remains on track, offering a potential long-term investment opportunity, but the current stock is overvalued and faces significant headwinds.
- 03/22/2025
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FedEx's Plunge Could Make This An Epic Buying Opportunity
- FedEx shares fell 7% after Q3 FY 2025 earnings missed expectations and guidance was reduced, despite revenue exceeding forecasts. Despite disappointing results, I see this as a fantastic buying opportunity, upgrading FedEx to a 'Strong buy' due to its undervaluation. The DRIVE initiative is expected to save $4 billion in costs by 2025, enhancing long-term profitability.
- 03/21/2025
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FedEx: Another Earnings Stock Price Crash
- FedEx's recent earnings missed expectations, leading to a 9% drop in stock price, highlighting recurring post-earnings volatility. Despite 12% operating income growth, $600 million in cost reductions were offset by $450 million in headwinds, reflecting industrial weakness. Lowered FY25 guidance includes a $400 million revenue pressure and adjusted EPS down by $1.00-$1.40, driven by international and industrial demand uncertainties.
- 03/21/2025
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FedEx Misses Q3 Earnings Estimates, Beats on Revenues, Tweaks View
- FDX' third-quarter fiscal 2025 earnings and revenues improve year over year.
- 03/21/2025
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FedEx Posts 2Q Miss, With Continued Cost Inflation: Here's What To Watch Next
- Shares of FedEx Corp (NYSE:FDX ) tanked in early trading Friday after the company reported downbeat fiscal third-quarter results.
- 03/21/2025
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FedEx Stock Falls to 52-Week Lows on Gloomy Forecast
- Postal stock FedEx Corp (NYSE:FDX) is plummeting today, last seen down 11.2% at $218.29 and trading at its lowest levels since June 2023.
- 03/21/2025
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FedEx downgraded at Loop Capital, which calls it a ‘really bad recession stock'
- CNBC's Frank Holland joins 'Squawk on the Street' to discuss why fifteen Wall Streets are trimming their price targets on FedEx.
- 03/21/2025
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NTSB, FAA to investigate FedEx plane engine fire, emergency landing
- A FedEx Boeing 767 cargo plane struck a bird while departing Newark Airport, New Jersey, on Saturday and made an emergency landing with one engine on fire.
- 03/01/2025
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2 Air-Freight & Cargo Stocks in Focus Despite Industry Hurdles
- Headwinds like weak demand, high inflation and geopolitical woes hurt the Zacks Transportation Air Freight & Cargo industry. FDX and ATSG are likely to stand out.
- 02/27/2025
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FedEx (FDX) Stock Dips While Market Gains: Key Facts
- In the closing of the recent trading day, FedEx (FDX) stood at $256.12, denoting a -0.14% change from the preceding trading day.
- 02/26/2025
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FedEx Announces Final Results of Exchange Offers and Consent Solicitations for Senior Notes
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) (“FedEx”) announced today the final results of the offers to exchange (each an “Exchange Offer” and, collectively, the “Exchange Offers”) any and all of its outstanding senior notes of the series listed in the tables below (collectively, the “Existing Notes”) for new notes (the “New Notes”) and the related consent solicitations (each, a “Consent Solicitation” and, collectively, the “Consent Solicitations”) to adopt certain proposed amendm.
- 02/24/2025
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FedEx (FDX) Advances While Market Declines: Some Information for Investors
- FedEx (FDX) closed the most recent trading day at $268.46, moving +0.6% from the previous trading session.
- 02/20/2025
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Bill Gates Wealth Nears $170 Billion
- The net worth of Bill Gates, co-founder and long-time CEO of Microsoft Corp. (NASDAQ: MSFT), has increased by $9 billion this year to $168 billion. That makes him the eighth wealthiest person in the world, according to the Bloomberg Billionaire Index. 24/7 Wall St. Key Points: The net worth of Microsoft Corp. (NASDAQ: MSFT) co-founder Bill Gates has increased by $9 billion so far this year to $168 billion. That makes him the eighth-wealthiest person in the world. Take this quiz to see if you’re on track to retire. (sponsored) He will not top any billionaire lists again. Several people are too far ahead of him, including Elon Musk. His net worth is nearly $450 billion, and he has topped the billionaire list for several months. Gates was the richest man in the world from 1995 to 2017 (except for 2008). Gates was chief executive officer of Microsoft from 1975 to 2000. He left primarily to pursue his philanthropic interests. He and his ex-wife started their foundation, the Bill & Melinda Gates Foundation, in 2000. As of 2023, the foundation had given away $78 billion, primarily to environmental causes and gender inequality. Unlike many of the richest people in the world, Gates’s wealth is spread across many investments. His 1.3% ownership of Microsoft is worth about $60 billion. He has followed the example of his close friend Warren Buffett, the CEO of Berkshire Hathaway. Gates’s diversification runs across many public companies, including Buffett’s. He also owns stock in Walmart and FedEx. Gates also has tens of billions of dollars in Cascade Investment, which holds his stake in private companies, ranging from Ritz Carlton to nuclear energy startup TerraPower. He and his wife, Melinda French Gates, divorced in 2021. It is rumored that Melinda received $76 billion. The 9th Richest Person in the World Got the Best Revenge and Made Billions The post Bill Gates Wealth Nears $170 Billion appeared first on 24/7 Wall St..
- 02/18/2025
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SaverOne Announces First U.S. Commercial Agreement with FedEx Trucking Contractor MDM Express
- SaverOne's U.S. based Distributor Motor Supply is completing installation across MDM's full fleet Petah Tikvah, Israel, Feb. 18, 2025 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a leading innovator in transportation safety technology, today announced that its distributor in the United States, Motor Supply, has successfully completed its first pilot project.
- 02/18/2025
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FedEx Corp. Board Declares Quarterly Dividend
- MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.38 per share on FedEx Corp. common stock, in line with the company's continued focus on delivering stockholder value. The dividend is payable April 1, 2025 to stockholders of record at the close of business on March 10, 2025. FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services.
- 02/14/2025
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FedEx Announces Extension of Expiration Date and Amendment of Exchange Offers and Consent Solicitations for Senior Notes
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) (“FedEx”) announced today the extension of the expiration date of the offers to exchange (each an “Exchange Offer” and, collectively, the “Exchange Offers”) any and all of its outstanding senior notes of the series listed in the tables below (collectively, the “Existing Notes”) for new notes (the “New Notes”) and the related consent solicitations (each, a “Consent Solicitation” and, collectively, the “Consent Solicitations”) to adopt cert.
- 02/07/2025
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Trump to meet with US Steel, FedEx CEOs, ABC News reports
- U.S. President Donald Trump will meet with leaders of U.S. Steel and FedEx on Thursday, ABC News reported, citing sources.
- 02/06/2025
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3 Wildly Popular Dividend Stocks I Won't Be Buying
- I focus on finding great stocks rather than avoiding bad ones - good investments are rare, while weak stocks are easy to spot. This approach adds more value. Bearish articles often lead to defensive reactions rather than insightful discussions. I prefer constructive engagement, making my analysis more valuable to readers. That said, I highlight a few well-known dividend stocks I would avoid. My goal isn't to convince anyone to sell, but to provide food for thought and perspective.
- 02/06/2025
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What's Happening With FDX Stock?
- FedEx stock (NYSE: FDX) dropped 7% on February 3 amid concerns over new tariffs on Canada, Mexico, and China impacting logistics demand. While the tariffs were temporarily suspended for one month, the uncertainty may continue affecting delivery companies' outlook.
- 02/05/2025
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FedEx: I'm Buying The Dip
- FedEx's recent stock dip presents a compelling buy-the-dip opportunity due to its strong balance sheet, cost-saving DRIVE initiative, and shareholder-friendly capital allocation. At a forward P/E of 12.9 and a growing dividend yield of 2.2%, FedEx offers a significant discount and the potential for strong total returns. Patient value investors may do well by accumulating FedEx, a high-quality logistics leader, at the current bargain valuation.
- 02/04/2025
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Is FedEx an Undervalued Dividend Stock?
- Federal Express (FDX -6.62%) will benefit from the continued worldwide shift to online spending.
- 02/04/2025
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Why UPS, Forward Air, and FedEx Stocks All Tumbled Today
- After months of threatening to levy tariffs on imports from countries he blames for facilitating the flood of fentanyl into the U.S., on Saturday, President Donald Trump did just that. He announced the imposition of new 25% tariffs on imports to the U.S. from its top two trading partners, Mexico and Canada.
- 02/03/2025
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FDX, Norfolk Southern, CSX Canadian Pacific downgraded on tariff woes
- Higher prices will reduce demand for goods and cool the economy, which in turn impacts the transportation sector.
- 02/03/2025
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FedEx (FDX) Registers a Bigger Fall Than the Market: Important Facts to Note
- In the most recent trading session, FedEx (FDX) closed at $275.06, indicating a -1.29% shift from the previous trading day.
- 01/29/2025
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FedEx Remains Highest Ranked Delivery Company on Fortune's “World's Most Admired Companies” Overall List
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corporation (NYSE: FDX) is once again ranked among the most admired companies in the world, according to a survey published by Fortune magazine. The annual “World's Most Admired Companies” report released today lists FedEx as the No. 20 ranked company overall. This marks the 25th consecutive year FedEx has been ranked in the top 20 companies on the prestigious list by Fortune. FedEx also retains its position as the highest ranked delivery company on the ov.
- 01/29/2025
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FedEx Announces Early Participation Results and Amendment of Exchange Offers and Consent Solicitations for Senior Notes
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) (“FedEx”) announced today the early participation results of its previously announced offers to exchange (each an “Exchange Offer” and, collectively, the “Exchange Offers”) any and all of its outstanding senior notes of the series listed in the tables below (collectively, the “Existing Notes”) for new notes (the “New Notes”) and related consent solicitations (each, a “Consent Solicitation” and, collectively, the “Consent Solicitations”) t.
- 01/23/2025
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Famous Billionaires Keep Loading up on These Stocks, Is it Time to Buy?
- It isn't a bad idea to follow billionaires' investment strategies.
- 01/22/2025
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Billionaire Bill Gates Continues to Sell Microsoft Stock. He's Buying This Top Name Instead
- Bill Gates is best known as the founder and former CEO of Microsoft (NASDAQ:MSFT), and that's how he'll be remembered in the history books.
- 01/21/2025
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Insiders are Buying These 3 Large Cap Stocks
- Investors can see insider buys as an overall net positive concerning the longer-term outlook. Recently, these three companies have seen their insiders get busy.
- 01/10/2025
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Billionaire Bill Gates Is Betting Big on a Transportation Recovery. This Stock Could Take Off if He's Right.
- Billionaire Bill Gates is one of the most respected business leaders in the world. Gates co-founded Microsoft and was its CEO through its most rapid growth years in the '80s and '90s as Microsoft came to dominate the market for PC operating systems and productivity software in its Office suite, positions it still enjoys today.
- 01/10/2025
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ICIC Honors the Nation's Fastest-Growing Businesses in Under-Resourced Communities
- Special Awards Presented by Chevron, FedEx, and ICIC Celebrate Exceptional Community Impact and Business Leadership Special Awards Presented by Chevron, FedEx, and ICIC Celebrate Exceptional Community Impact and Business Leadership
- 01/08/2025
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FedEx Announces Commencement of Exchange Offers and Consent Solicitations for Senior Notes
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) (“FedEx”) announced today the commencement of offers to exchange any and all of its outstanding senior notes of the series listed in the table below (the “Existing Notes”) for new notes to be issued by FedEx (the “New Notes”). As previously disclosed, FedEx has announced that its Board of Directors has decided to pursue a full separation of its FedEx Freight business through the capital markets, creating a new publicly traded company. The.
- 01/07/2025
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Is FDX Stock a Smart Investment Option for the New Year?
- Amid FDX's cost-cut efforts in the face of demand weakness, we asses the investment worthiness of the stock.
- 01/06/2025
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5 Of Bairds Top 2025 Red-Hot Stock Ideas Pay Dependable Recurring Dividends
- With all of the major indices making solid moves higher in 2024, we were very interested to see what the top prognosticators across Wall Street think is in store for 2025 as we start the second quarter of the new century.
- 01/06/2025
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Insiders Are Loading Up: 3 Key Stock Picks for Investors
- The new year is just getting started, and that means investors need to get off on the right footing for the first quarter so that they can have the rest of the year as an open field to take on more positions and ideas, with not only the confidence but the financial room they would have made for themselves after rocking the start of the year. To get this done, investors should align themselves with what some Wall Street firms are doing right now.
- 01/06/2025
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FedEx: Choose The Child Over The Parent Post Spinoff
- FDX's Q2 report was unimpressive, with revenue down 0.9% y/y and EPS up 1.5% y/y, missing and beating analyst estimates respectively. The spinoff of the Freight business is a positive move, expected to unlock significant shareholder value and provide higher long-term returns. Post the spinoff, investors are better off investing fully in the Freight Entity and exiting the parent company.
- 12/29/2024
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FedEx Corporation To Spin-Off FedEx Freight Business In 1H26
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Bill Gates Bought Only 2 Stocks in Q3 and He's Betting Big on Just One Sector
- Microsoft (NASDAQ:MSFT) remains important to Bill Gates as it retains the largest position in his Bill & Melinda Gates Foundation portfolio, one of the world's largest philanthropic organizations.
- 12/26/2024
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FedEx Outperformed UPS in 2024, but Which Dividend Stock Is the Better Buy for 2025?
- The holiday season is here, and that means FedEx (FDX 1.05%) and United Parcel Service (UPS 0.41%) are hard at work fulfilling peak order volumes. FedEx has produced decent gains on the year, but UPS is down big and is hovering around a four-year low.
- 12/26/2024
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Broughton Capital's Don Broughton gives his outlook for transports in 2025
- Don Broughton, Broughton Capital managing partner, joins 'The Exchange' to discuss his transports outlook in 2025.
- 12/24/2024
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Stock Of The Day: FedEx Shows 'Bad Action' As Support Crumbles
- Shares of FedEx Corporation FDX are trading lower Tuesday. The stock is continuing the downtrend that began on Dec. 19 when, after the close, the company announced earnings and said it plans to separate its Freight Unit.
- 12/24/2024
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FedEx Delivers: Reveals Value-Building Plan for 2025
- FedEx NYSE: FDX shares surged following the fiscal Q2 2025 earnings report because of its daring plan to unlock value. After careful review, the board has decided to spin off the freight business, which is struggling and offsetting strength in the core FedEx Express operations.
- 12/24/2024
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How Should You Play FDX Stock Post Plans of Freight Unit Spinoff?
- With FDX looking to cut costs in the face of weak demand, we aim to assess the investment worthiness of the stock currently.
- 12/23/2024
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FedEx Positioned As Largest Pure-Play North American LTL Carrier Post-Separation: Analyst
- BofA Securities analyst Ken Hoexter reiterated a Buy rating on FedEx Corporation FDX, raising the price forecast to $348 from $325.
- 12/20/2024
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FedEx Q2 Earnings Surpass Estimates, Revenues Lag, View Revised
- FDX's second-quarter fiscal 2025 earnings improve year over year while revenues decline year over year.
- 12/20/2024
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FedEx: Why Did The Stock Tumble After A Pre-Market Earnings Surge?
- FedEx's Q2 2025 earnings beat estimates despite lower revenues, driven by cost savings from the DRIVE program and share repurchases. The company provided less bullish FY25 guidance, expecting flat sales and adjusted EPS of $19-$20 due to competitive pricing and macro challenges. Major risks include top-line growth lack and competitive pressures, while opportunities lie in the $2.2 billion DRIVE savings and potential Freight segment spin-off.
- 12/20/2024
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FedEx Divests FedEx Freight and Shifts Gears to DRIVE Program
- FedEx is taking steps to streamline its operations by prioritizing its DRIVE program and separating FedEx Freight into a standalone, publicly traded company. These decisions were announced by FedEx President and CEO Raj Subramaniam Thursday (Dec. 19) during the company's second-quarter earnings call, which saw the company's total sales of $22 billion slip 1%.
- 12/20/2024
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FedEx to spin off freight business
- CNBC's Frank Holland reports on the latest news from FedEx.
- 12/20/2024
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What's Next For FDX Stock?
- FedEx stock (NYSE: FDX) is expected to see higher levels after it announced the spin-off of its freight business. While this move was awaited, it bodes well for the stock, unlocking shareholder value.
- 12/20/2024
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FedEx Stock Climbs on Freight Business Spinoff, Earnings
- Shares of FedEx Corp (NYSE:FDX) opened the session at $294, but have pulled back from its highs slightly, last seen 4.6% higher at $288.64, fueled by a wave of significant developments during the bustling holiday shipping season.
- 12/20/2024
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FedEx's freight unit spinoff offers ‘early Christmas' to Wall Street
- Stifel, TD Cowen and Susquehanna analysts praise move and boost their price targets for the stock.
- 12/20/2024
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Vernon: The challenge for the FedEx spin-off will be staffing and what costs will look like
- Bernstein analyst David Vernon discusses FedEx's latest earnings, and whether the planned spin-off of the truck freight business will set the company on the right track.
- 12/20/2024
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Honeywell and FedEx spinoff plans: can investors hope for a GE Vernova-like success?
- Breaking up companies into smaller, independent entities is proving to be a winning formula for investors. Spinoffs, often pursued to create shareholder value, have delivered extraordinary returns in 2024.
- 12/20/2024
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After GE's Spinoff Success, What's Next for Honeywell, FedEx
- For every GE Vernova, up 154%, there is a Kenvue, which has dropped more than 20%, or a Solventum, which has fallen 17%.
- 12/20/2024
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Watch These FedEx Levels as Stock Jumps on Plans for Freight Business Spinoff
- FedEx (FDX) shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its freight business as a separate public company, overshadowing a lowered full year outlook.
- 12/19/2024
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FedEx upgraded to Buy from Hold at Loop Capital
- Loop Capital upgraded FedEx to Buy from Hold with a price target of $365, up from $288.
- 12/19/2024
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FedEx Corporation (FDX) Q2 2025 Earnings Call Transcript
- FedEx Corporation (NYSE:FDX ) Q2 2025 Results Conference Call December 19, 2024 5:30 PM ET Company Participants Jeni Hollander - VP of IR Raj Subramaniam - President and CEO Brie Carere - EVP and Chief Customer Officer John Dietrich - EVP and CFO Conference Call Participants Chris Wetherbee - Wells Fargo Ken Hoexter - Bank of America Ari Rosa - Citigroup Jordan Alliger - Goldman Sachs Daniel Imbro - Stephens Inc Jason Seidl - TD Cowen Conor Cunningham - Melius Research Brian Ossenbeck - JPMorgan Brandon Oglenski - Barclays Bruce Chan - Stifel Jon Chappell - Evercore ISI Scott Group - Wolfe Research Tom Wadewitz - UBS David Vernon - Bernstein Operator Good day, and welcome to the FedEx Fiscal Year 2025 Second Quarter Earnings Call. All participants are in a listen-only mode.
- 12/19/2024
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FedEx CEO Raj Subramaniam: Our scaled network provides us an advantage in this dynamic time
- FedEx CEO Raj Subramaniam joins 'Mad Money' host Jim Cramer to talk quarterly results, spinning off its freight business, impact of potential tariffs and more.
- 12/19/2024
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FedEx (FDX) Reports Q2 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for FedEx (FDX) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 12/19/2024
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Markets Flat After Big Selloff Day; FDX, NKE Beat on Earnings
- Results were nowhere near as bad as they were yesterday, but only the Dow had modestly positive numbers.
- 12/19/2024
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FedEx CEO touts company's 'scaled network' as supply chain challenges loom with Trump presidency
- FedEx CEO Raj Subramaniam said his company can do well even if there is a supply chain shakeup. President-elect Donald Trump has threatened to drastically hike import tariffs for several countries, especially China, and these moves would likely disrupt global supply chains.
- 12/19/2024
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FedEx (FDX) Surpasses Q2 Earnings Estimates
- FedEx (FDX) came out with quarterly earnings of $4.05 per share, beating the Zacks Consensus Estimate of $3.90 per share. This compares to earnings of $3.99 per share a year ago.
- 12/19/2024
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Evercore ISI's Jonathan Chappell breaks down FedEx earnings, company separation and outlook
- Jonathan Chappell, Evercore ISI Senior Managing Director, joins 'Closing Bell: Overtime' to discuss FedEx earnings, company separation and outlook.
- 12/19/2024
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FedEx is spinning off its freight business
- FedEx will spin off its freight business into a new publicly traded company. FedEx Freight will separate from FedEx over the next 18 months.
- 12/19/2024
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FedEx Earnings Report | Closing Bell
- Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you.
- 12/19/2024
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FedEx Stock Surges on Plans To Spin Off Freight Business
- FedEx (FDX) shares jumped in extended trading Thursday after the shipping giant announced plans to spin off its Freight business as a standalone company.
- 12/19/2024
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FedEx intends to separate FedEx Freight creating two public companies
- CNBC's Frank Holland joins 'Closing Bell: Overtime' to report on FedEx's earnings and its plans to separate FedEx frieght, creating two public companies.
- 12/19/2024
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FedEx Plans to Spin Off Freight Division, Cuts Forecast
- FedEx trimmed its full-year profit forecast and said it plans to spin off its freight division into a separate publicly-traded company within 18 months. Lee Klaskow has more on "Bloomberg The Close.
- 12/19/2024
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FedEx shares gain on freight spinoff plan, quarterly earnings beat
- FedEx Corp (NYSE:FDX, ETR:FDX) shares surged almost 10% after Thursday's closing bell as the package delivery firm unveiled plans to spin out FedEx Freight into a separate public company and reported an earnings beat for the fiscal second quarter. FedEx announced plans to separate FedEx Freight into a standalone publicly traded company, aiming to unlock significant value for shareholders and establish an industry leader in the less-than-truckload (LTL) sector.
- 12/19/2024
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FedEx plans to spin off freight business, and its stock rallies 8%
- FedEx seeks to ‘unlock value' for shareholders with FedEx Freight spinoff.
- 12/19/2024
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FedEx Reports Second Quarter Diluted EPS of $3.03 and Adjusted Diluted EPS of $4.05
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the second quarter ended November 30 (adjusted measures exclude the item listed below): Fiscal 2025 Fiscal 2024 As Reported (GAAP) Adjusted (non-GAAP) As Reported (GAAP) Adjusted (non-GAAP) Revenue $22.0 billion $22.0 billion $22.2 billion $22.2 billion Operating income $1.05 billion $1.38 billion $1.28 billion $1.42 billion Operating margin 4.8% 6.3.
- 12/19/2024
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FedEx Announces Intent to Separate FedEx Freight, Creating Two Industry-Leading Public Companies
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full separation of FedEx Freight through the capital markets, creating a new publicly traded company. The separation is expected to be achieved in a tax-efficient manner for FedEx stockholders and executed within the next 18 months. As two industry-leading public companies,.
- 12/19/2024
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FedEx Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
- FedEx Corporation FDX will release earnings results for its fiscal second quarter, after the closing bell on Thursday, Dec. 19.
- 12/19/2024
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FedEx Braces For Q2 Earnings: 'One Of The Most Consequential Quarters In Years,' Analyst Says
- FedEx Corp. FDX is set to report its fiscal second-quarter results on Thursday after the closing bell and analysts are expecting a decline in earnings.
- 12/18/2024
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Christmas Spirit Delivered One Truckload at a Time
- FT. CAMPBELL, Ky.--(BUSINESS WIRE)--‘Tis the season for giving, and FedEx is helping the Christmas SPIRIT Foundation deliver holiday happiness to military families across the U.S. This year marks a milestone year of the Trees for Troops program. Over the last two decades, more than 300,000 Christmas trees have been delivered to troops and their families. “We are proud to support the work of the Christmas SPIRIT Foundation, helping to deliver the joy of the holiday season to our men and women in.
- 12/18/2024
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FedEx Q2 Preview: AI To Power 2025
- FedEx shares have dropped over 6% since early July due to inefficiencies compared to competitors like UPS, leading to a lower P/E multiple. Despite underperformance, FedEx is investing in AI to optimize logistics and improve profit margins, with new tools like the Shipment Eligibility Orchestrator. FedEx's DRIVE program aims to enhance efficiency, not just cut costs, making AI integration crucial for future growth and margin expansion.
- 12/18/2024
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FedEx's Q2 Earnings Coming Up: Time to Buy, Sell or Hold the Stock?
- Here we examine whether FedEx stock is a worthy investment ahead of its second-quarter fiscal 2025 results.
- 12/16/2024
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What Analyst Projections for Key Metrics Reveal About FedEx (FDX) Q2 Earnings
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for FedEx (FDX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended November 2024.
- 12/16/2024
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What Analysts Think of FedEx's Stock Ahead of Earnings
- FedEx (FDX) is set to report its fiscal second-quarter earnings after the market closes Thursday, with analysts expecting another quarter showing a small decline in revenue before the shipping giant returns to growth.
- 12/16/2024
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Nike and FedEx Earnings, the Fed Meeting, and More to Watch
- The Federal Reserve is expected to cut interest rates on Wednesday. Plus, earnings reports from Birkenstock, Lennar, Micron, Accenture, Cintas, FedEx, and Nike.
- 12/15/2024
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What To Expect in the Markets This Week
- The Federal Reserve will announce its latest decision on interest rates when it concludes its meeting on Wednesday, with investors widely anticipating the central bank to cut rates again. After the announcement, Fed Chair Jerome Powell will take media questions and will likely provide more details on the economy.
- 12/15/2024
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Market Navigator: Options market implies $28 move higher or lower in FedEx in next week
- Mike Khouw, chief strategist at OpenInterest.PRO, joins CNBC's 'Power Lunch' to discuss outlooks on FedEx.
- 12/13/2024
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Earnings Preview: FedEx (FDX) Q2 Earnings Expected to Decline
- FedEx (FDX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 12/12/2024
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FedEx: Forget Weakness And Focus Instead On Price
- Despite recent revenue declines and mixed profitability, FedEx remains a "buy" due to its attractive valuation and lower leverage compared to UPS. FedEx's DRIVE program aims for $4 billion in annual savings by 2025, with $2.2 billion forecasted for this year alone. The company's financial performance has been impacted by challenging macroeconomic conditions and a shift toward cheaper economic services.
- 12/10/2024
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Holiday Shipping Costs Rise as FedEx and UPS Extend Surcharge Windows
- As the holiday shopping season begins earlier and lasts longer, shipping costs are rising sharply, creating additional challenges for retailers and consumers alike as FedEx and UPS extend their surcharge windows this year. Retailers and businesses are struggling with rising costs, as shipping fees have already surged significantly in recent years.
- 12/03/2024
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FedEx (FDX) Stock Declines While Market Improves: Some Information for Investors
- FedEx (FDX) closed the most recent trading day at $296.69, moving -1.98% from the previous trading session.
- 12/02/2024
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Weather permitting, UPS, FedEx poised for on-time US holiday gift deliveries
- The weak demand bedeviling package delivery companies like United Parcel Service and FedEx promises to be great news for online U.S. shoppers who want quick, on-time holiday gift delivery.
- 12/02/2024
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Will FedEx Defy Market Odds Amidst Industry Challenges?
- Explore the exciting world of FedEx (FDX 1.73%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
- 11/26/2024
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FedEx (FDX) Rises Higher Than Market: Key Facts
- The latest trading day saw FedEx (FDX) settling at $305.15, representing a +1.73% change from its previous close.
- 11/25/2024
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NorthStar Courier Becomes First FedEx Service Outside of CA to Deploy Workhorse ($WKHS) W56 Step Van
- Workhorse (NASDAQ: WKHS), a leading innovator in zero-emission commercial vehicles, has delivered its W56 electric step van to NorthStar Courier, a FedEx (NYSE: FDX) Ground Contract Service Provider in Minneapolis, Minnesota. This marks the first deployment of the W56 by a FedEx Ground Service Provider outside California.
- 11/22/2024
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NorthStar Courier Becomes First FedEx Service Provider Outside California to Deploy Workhorse W56 Electric Step Van
- CINCINNATI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the delivery of its W56 electric step van to NorthStar Courier, a FedEx Ground Contract Service Provider based in Minneapolis, Minnesota. The sale was facilitated by Workhorse Certified Dealer, Ziegler Truck Group.
- 11/21/2024
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3 Dividend Growth Stocks That Have Increased Their Payouts by More Than 90% in 5 Years
- 3 Dividend Growth Stocks That Have Increased Their Payouts by More Than 90% in 5 Years
- 11/21/2024
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Here's Why FedEx (FDX) Gained But Lagged the Market Today
- FedEx (FDX) closed at $295.21 in the latest trading session, marking a +0.25% move from the prior day.
- 11/18/2024
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FedEx Corporation (FDX) Baird Global Industrial Conference (Transcript)
- FedEx Corporation (NYSE:FDX ) Baird Global Industrial Conference November 12, 2024 5:05 PM ET Company Participants Jenifer Hollander - VP of IR John Dietrich - EVP and CFO Conference Call Participants Garrett Holland - Baird Garrett Holland With that we will start for our last session of the day. Again, my name is Garrett Holland, Senior Analyst covering transportation and logistics here at Baird.
- 11/15/2024
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FedEx Corp. Board Declares Quarterly Dividend
- MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.38 per share on FedEx Corp. common stock, in line with the company's continued focus on delivering stockholder value. The dividend is payable January 3, 2025 to stockholders of record at the close of business on December 9, 2024. FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business servi.
- 11/15/2024
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2 Dividend Stocks That Will Benefit From Trump 2.0 Presidency
- As we income investors roll into Trump 2.0, it's time for us to “flip the script” on the trades that have worked for us over the past two years. Things have the potential to get wild.
- 11/14/2024
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FedEx (FDX) Rises Higher Than Market: Key Facts
- In the closing of the recent trading day, FedEx (FDX) stood at $289.79, denoting a +1.23% change from the preceding trading day.
- 11/11/2024
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UPS and FedEx prepare for a holiday shipping battle
- UPS and FedEx are going head to head to attract smaller customers in order to win the holiday shipping battle. Transcript: Conway Gittens: Wall Street continues to bask in the glow of the Trump rally with stocks trading near record highs.
- 11/08/2024
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FedEx (FDX) Declines More Than Market: Some Information for Investors
- FedEx (FDX) concluded the recent trading session at $271.18, signifying a -1.16% move from its prior day's close.
- 11/04/2024
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Pitney Bowes and FedEx Launch FedEx Platform Account
- STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—including more than 90 percent of the Fortune 500, today announced a new program with FedEx, which will offer a FedEx Platform Account to Pitney Bowes customers. Through the FedEx Platform Account, Pitney Bowes customers can access discounted FedEx rates and expanded service options through their mul.
- 10/30/2024
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FedEx (FDX) Stock Sinks As Market Gains: Here's Why
- In the most recent trading session, FedEx (FDX) closed at $275.04, indicating a -0.15% shift from the previous trading day.
- 10/29/2024
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FedEx: A Long-Term Bet On Stability And Dividends (Rating Upgrade)
- FedEx's Q1 2025 results missed expectations, but the stock has rebounded, showing resilience despite challenges like lower demand, rising expenses, and increased competition. FedEx is implementing price hikes and cost-cutting measures to counteract weak B2B shipments, inflation, and competition, aiming for modest revenue growth in fiscal 2025. FedEx's strong cash flow and reasonable stock valuation make it a stable option for long-term investors seeking steady returns and solid dividend growth.
- 10/25/2024
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Report Showcases “FedEx Effect” on Global Economy as Company Increases Flexibility and Efficiency of Operations
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today released its annual economic impact report, analyzing the company's worldwide network and role in building prosperity in local communities during its 2024 fiscal year (FY 2024)1. Produced in consultation with Dun & Bradstreet (NYSE: DNB), a leading provider of business decisioning data and analytics, the study underscores the ‘FedEx Effect'—the impact FedEx has on accelerating the flow of goods and ideas that generate economic g.
- 10/24/2024
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Nimble Closes $106 Million Series C Funding Round, Scales Fully Autonomous Fulfillment with FedEx
- SAN FRANCISCO--(BUSINESS WIRE)--Nimble, a pioneering AI robotics and autonomous e-commerce fulfillment technology company, today announced the successful closure of a $106 million Series C funding round elevating the company to a $1 billion valuation. Strategic Investment and Alliance The funding round was led by FedEx and co-led by existing shareholder Cedar Pine LLC. As part of their strategic alliance, FedEx has entered into a commercial agreement to scale its FedEx Fulfillment service using.
- 10/23/2024
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Top 3 Stocks to Play Oil's Potential Comeback Rally
- Oil prices are on the lower end of the curve in today's cycle. Still, plenty of tailwinds are set up to potentially bring a new rally for the commodity.
- 10/18/2024
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UPS vs. FedEx: Which Stock Delivers Better Holiday Gains?
- As the end-of-year holiday season approaches, retail sales are once again forecast to spike. The National Retail Federation expects winter holiday spending to climb between 2.5% and 3.5% relative to 2023, for a total of as much as $989 billion in total spending for November and December.
- 10/18/2024
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This Dividend His Climbed 590% Riding A ‘Quiet' Megatrend
- I know it goes without saying that we've all loved watching our dividend stocks skyrocket this year. But October—as always, it seems—has amped-up the volatility.
- 10/16/2024
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Auctane Introduces FedEx Platform Account Program to Offer FedEx Shipping Services to Millions of Businesses
- AUSTIN, Texas--(BUSINESS WIRE)--Auctane, a leading global company that delivers exceptional shipping and mailing experiences through trusted brands like ShipStation, Stamps.com, ShipEngine and others, today announced an agreement with FedEx that will extend discounted FedEx shipping rates to Auctane's millions of customers across the US and Canada. With this agreement, Auctane customers can take advantage of discounted rates across the broad portfolio of FedEx services, notably services catered.
- 10/09/2024
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UPS, FedEx Stocks are Ripe for Buying. The Case for a Shipping Upturn.
- Citi analyst Ariel Rosa launched coverage of both companies with a Buy rating. Why he's hot on the shares.
- 10/09/2024
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Contrarian Traders Are Buying These 2 Stocks With Big Upside
- While the stock market often rewards those who follow the crowd, there's a breed of investor who thrives on going against the grain. These are the contrarians, investors who seek opportunity in the assets others are discarding, believing that market pessimism has created a gap between price and value.
- 10/08/2024
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FDX Stock Trading Lower Than Industry at 12.7x PE: Time to Buy?
- With FDX stock being undervalued, we assess the investment potential of the parcel delivery company.
- 10/07/2024
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FedEx partners with National Civil Rights Museum to offer hybrid Freedom Award Student Forum
- Focus expands this year for a national audience of students and educators Focus expands this year for a national audience of students and educators
- 10/07/2024
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Goldman Sachs reveals stocks set to gain from supply chain disruptions
- Trade tensions and rising geopolitical conflicts are disrupting the global supply chain via “higher tariffs, non-tariffs, sanctions or even physical barriers” this year, as per Goldman Sachs. Supply chain disruptions are broadly seen as a negative for logistics companies.
- 10/05/2024
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3-Stock lunch: Rivian, JPMorgan, & Fedex
- Doug Butler, Rockland Trust, senior vice president and director of research, joins CNBC's 'Power Lunch' to discuss three stocks: Rivian, JPMorgan Chase, and Fedex.
- 10/04/2024
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Stock Of The Day: FedEx Delivers An Important Trading Lesson
- The best traders understand that certain price levels in the financial markets are more important than others. They also know how to identify them.
- 10/04/2024
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Port Strike Is Set to End. What It Means for FedEx, Shipping and Rail Stocks.
- Shipping stocks fell as the end of the port workers' strike looks to put paid to the prospect of sustained higher freight rates
- 10/04/2024
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These 3 Stocks Signal Weaker Consumer Spending. Here's How To Watch The Market Shift.
- The signs of a market shift are appearing in these consumer-focused names.
- 10/03/2024
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The Best Dividend Plays For Fed Rate Cuts
- Now that Federal Reserve Chairman Jay Powell has pivoted towards his “other mandate,” we should take a cue from my six-year-old, who yells from the back seat:
- 10/03/2024
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Time to Buy? These 3 Stocks Are Trading at 52-Week Lows
- When navigating a changing business cycle, such as today's triggered by the Federal Reserve (the Fed) cutting interest rates, investors should focus on fundamentals and keeping a risk-to-reward profile that favors their portfolios in the coming quarters. For this reason, stocks that trade near their 52-week lows are a great place to start looking for potential value and recovery plays.
- 10/02/2024
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Damaging Port Strike May Aid Some Transportation Stocks: Here's How
- The port strike, though very damaging, may aid transportation stocks like FDX, UPS, CHRW and EXPD.
- 10/02/2024
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How Recent Port Strikes Could Impact These 3 Key Stocks
- Most of the important news in the financial markets goes over investors' heads, only to wake up to new market price action and realize they should have not only paid attention but also acted upon the news that was released in the recent past. Today's most important news—and implications—can be taken from the recent port strikes that started this week.
- 10/02/2024
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Why FedEx, UPS stand to benefit from port strike
- Yahoo Finance: Market Coverage, Stocks, & Business News About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- 10/01/2024
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FedEx deploys contingency plans as port workers strike
- Shipping giant FedEx says it has launched contingency plans in order to minimize the impact of a union dockworker strike impacting dozens of U.S. ports.
- 10/01/2024
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Time to Buy? These 3 Stocks Are Trading at 52-Week Lows
- When navigating a changing business cycle, such as today's triggered by the Federal Reserve (the Fed) cutting interest rates, investors should focus on fundamentals and keeping a risk-to-reward profile that favors their portfolios in the coming quarters. For this reason, stocks that trade near their 52-week lows are a great place to start looking for potential value and recovery plays.
- 10/01/2024
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FedEx Stock Gains as Possible Port Strike Could Bolster Air Freight
- Shares of package delivery giant FedEx (FDX) advanced to start the trading week amid predictions that demand for air freight could increase if dockworkers at ports on the U.S. East Coast and Gulf Coast begin a labor stoppage.
- 09/30/2024
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East Coast Port Strike Threatens Economy. But These Stocks Are Winners.
- The East Coast port strike is set to begin Tuesday, potentially costing the economy $5 billion per day. Here are the stocks analysts are watching.
- 09/30/2024
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FedEx Presents Opportunity After Sell Off
- FedEx's DRIVE and Network 2.0 programs aim to streamline operations, saving $6 billion annually by 2028 without sacrificing top line growth. Despite a recent 9% stock price drop, FedEx offers a 4.0% buyback yield and 2.1% dividend yield, making it attractive for long-term investors. The expiration of the USPS airmail contract poses short-term challenges but could improve margins through better fleet utilization and cost management.
- 09/30/2024
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FedEx: Only If DRIVE Could Revive Demand
- FedEx started FY25 on a disappointing note, with both revenues and EPS missing analyst estimates. The company's confidence in its cost-cutting initiative, DRIVE, is excessive, given that it doesn't factor in the weakening demand, especially in Europe. The strategic review of the Freight business needs to be wrapped up soon, as the segment has started to show signs of weakness.
- 09/28/2024
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FedEx Stock Dips: Another Reason to Fear Recession Is Near
- FedEx Corporation FDX is a solid business, but its latest results give another reason to fear that a recession is near. The company underperformed in all metrics, contracting versus an expectation to grow and reducing guidance in what may be the first of several reductions this year.
- 09/26/2024
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FDX Down 12% Since Q1 Earnings Miss: Should You Buy the Stock Now?
- We assess the investment-worthiness of FedEx stock post its lackluster first-quarter fiscal 2025 results.
- 09/26/2024
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FedEx Stock Dips: Why Analysts See a Quick Rebound Coming
- Despite rallying for the entire week leading up to last Thursday's earnings report, shares of FedEx Corporation NYSE: FDX delivered a major disappointment. The 15% they've shed from their pre-earnings high should tell its own story, as it was one of the worst days in the stock's recent history.
- 09/25/2024
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FedEx Earnings Summary: Disappointing Quarter, But Staying With The Stock
- FedEx reported their fiscal Q1 '25 earnings release - they missed on just about every major metric and lowered guidance as well. Revenue growth, which has been the issue for the last 6 quarters, was flat y-o-y, and that has to improve. The stock is still trading at an 11x “average” multiple using EPS estimates updated after Thursday's results, which reflect an expected average 13% growth rate for the next three years.
- 09/24/2024
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The Battle for Bull/Bear Supremacy
- Will interest rate loosening trump prior tightening?
- 09/23/2024
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What's Going On With FedEx Shares?
- FedEx has helped kick off the Q3 earnings season, with its report reflecting one of the earlier that we still count in the overall Q3 tally. We still have a few weeks until the big banks unveil their quarterly results, really ushering in the period in a big way.
- 09/23/2024
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FedEx Stock Slowdown Signals Potential Dip Opportunity
- Shares of FedEx Co. NYSE: FDX have recently sold off by as much as 18% from their recent highs to trade at a much lower 81% of their 52-week high. As Wall Street defines a bear market as a 20% or more selloff from recent highs, FedEx is now in an official bear market, causing most to stay away from the company and others to watch it all the more.
- 09/23/2024
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FedEx remains a ‘great stock to own' despite earnings weakness: here's why
- FedEx Corp (NYSE: FDX) tanked as much as 15% on Friday after reporting a steep decline in quarterly profit that missed Street estimates. The logistics company also lowered its full-year earnings guidance from $21 a share to $20.
- 09/23/2024
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Novo Nordisk, Chewy And FedEx Are Among Top 10 Large Cap Losers Last Week (Sept 15-Sept 21): Are The Others In Your Portfolio?
- These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
- 09/22/2024
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FedEx Earnings Are Economy Red Flag
- JPMorgan's (NYSE: JPM) famous CEO Jamie Dimon recently said the US economy should not count on a soft landing.
- 09/22/2024
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Q3 Earnings Loom: What Can Investors Expect?
- Though Q3 expectations have been revised lower, the expectation overall is for an accelerating growth trend over the coming periods.
- 09/20/2024
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S&P 500 Gains and Losses Today: FedEx Stock Plunges as Earnings Fail To Deliver
- Major U.S. equities indexes were mixed on the final day of a trading week that saw the financial headlines dominated by the latest Federal Reserve policy meeting.
- 09/20/2024
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3-Stock Lunch: Nike, Fedex, & Lennar
- Brian Vendig, president of MJP Wealth Advisors, joins CNBC's 'Power Lunch' to discuss three stocks: Nike, Fedex, and Lennar.
- 09/20/2024
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FedEx Q1 Earnings & Revenues Lag Estimates, View Down
- FDX's first-quarter fiscal 2025 earnings and revenues decline year over year.
- 09/20/2024
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FedEx Stock Tanks Amid 'Challenging' Demand Environment
- FedEx (FDX) shares plunged 15% Friday, a day after the package delivery giant missed quarterly estimates and reduced its forecast as it faced what Chief Executive Officer (CEO) Rajesh Subramaniam called a "challenging Q1 demand environment," especially in the U.S.
- 09/20/2024
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FedEx Falls 15% After Earnings Miss, Bearish Signals Raise Red Flags For Investors
- FedEx Corp FDX has hit a rough patch, with its recent quarterly results leaving investors concerned. The stock plummeted over 15% during midday trading on Friday on the earnings news, wiping out gains made during this past quarter.
- 09/20/2024
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Price-Target Cuts Roll In for FedEx Stock After Big Earnings Miss
- FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year outlook. Here's what you need to know.
- 09/20/2024
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FedEx Makes Notable Cross Below Critical Moving Average
- In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 per share. FedEx shares are currently trading down about 14.7% on the day.
- 09/20/2024
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FedEx Posts Downbeat Q1 Earnings, Cuts Guidance: Why Analysts See More Downside Ahead
- Shares of FedEx Corp FDX tanked climbing in early trading on Friday, after the company reported downbeat results for its fiscal first quarter.
- 09/20/2024
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Why FedEx Stock Is Falling Today
- FedEx missed quarterly estimates and lowered its full-year guidance. Demand was weaker than expected for business-to-business shipping, which is its most profitable segment.
- 09/20/2024
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FedEx Stock Dips: Another Reason to Fear Recession Is Near
- FedEx Corporation NYSE: FDX is a solid business, but its latest results give another reason to fear that a recession is near. The company underperformed in all metrics, contracting versus an expectation to grow and reducing guidance in what may be the first of several reductions this year.
- 09/20/2024
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FedEx Q1: Valuation Holding Up Its Pants, Reiterating A Hold
- FedEx's Q1 2025 results show revenue down YoY, earnings drop, and a muted FY 2025 outlook, supporting my Hold rating with short-term gain potential. Headwinds include inflation, high interest rates, USPS contract expiration reducing flight hours, and $4 billion in expenditure cuts needed, impacting volumes and earnings. Despite a healthy balance sheet and recent short-term market outperformance, a long-term investment in FDX remains unattractive due to multiple headwinds and historical underperformance.
- 09/20/2024
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FedEx Reports Downbeat Results, Joins MillerKnoll And Other Big Stocks Moving Lower In Friday's Pre-Market Session
- U.S. stock futures were lower this morning, with the Nasdaq futures falling over 80 points on Friday.
- 09/20/2024
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FedEx Stock Is Plunging. Wall Street Says Stick With It, Mostly.
- Wall Street weighs in on FedEx after the shipping company reports weaker-than-expected quarterly earnings.
- 09/20/2024
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Why Did FedEx Stock Fall 13%?
- FedEx stock (NYSE: FDX) saw a 13% fall in after-market hours on Thursday, September 19, after it reported Q1'25 results (fiscal ends in May) far worse than the street estimates. FDX stock is up 7% year-to-date, compared to -15% returns for its peer – UPS stock.
- 09/20/2024
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FedEx's earnings miss may be more of a speed bump than a brick wall, analyst says
- Analysts sees a potential spinoff of FedEx's freight business as a potential boost, but the stock is dropping sharply
- 09/20/2024
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This stock nosedives 2 days after Jim Cramer's bullish comments
- Just days after American TV personality Jim Cramer praised FedEx Corporation (NYSE: FDX) as a “great stock to own,” the company's shares took a nosedive, giving, once again, fuel to his critics who believe CNBC's ‘Mad Money' host is perpetually in the wrong.
- 09/20/2024
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Vernon: Both FedEx and UPS are well-positioned to leverage pricing power despite current pressures
- David Vernon, Senior Research Analyst – Transportation at Bernstein, sees FedEx's lowered guidance as an overreaction and expects improvements later. He recommends buying the dip, noting both FedEx and UPS are well-positioned despite challenges.
- 09/20/2024
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Fedex hammered after 'worst quarter' in a decade
- FedEx tumbled in overnight US trading as it warned full earnings would miss its guidance after a difficult first quarter. One analyst said the magnitude of the miss was huge while Barclays added it was one of the “worst first quarter profitability outcomes outside of the 2009 recession.
- 09/20/2024
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FedEx Corporation (FDX) Q1 2025 Earnings Call Transcript
- FedEx Corporation (NYSE:FDX ) Q1 2025 Earnings Conference Call September 19, 2024 5:30 PM ET Company Participants Jeni Hollander - VP of IR Raj Subramaniam - President and CEO Brie Carere - EVP and Chief Customer Officer John Dietrich - EVP and CFO Conference Call Participants Brian Ossenbeck - JPMorgan Jordan Alliger - Goldman Sachs Jonathan Chappell - Evercore Tom Wadewitz - UBS Daniel Imbro - Stephens Chris Wetherbee - Wells Fargo Stephanie Moore - Jefferies Brandon Oglenski - Barclays Jason Seidl - TD Cowen Scott Group - Wolfe Research David Vernon - Bernstein Bruce Chan - Stifel Ken Hoexter - Bank of America Operator Good day, and welcome to the FedEx Fiscal Year 2025 First Quarter Earnings Call. [Operator Instructions] Please note, this event is being recorded.
- 09/19/2024
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FedEx Tamps Down 2025 Outlook Despite Digital Transformation Efforts
- In some ways, FedEx is a bellwether of global trade and logistics. After all, global growth, inflation, fuel costs, interest rates, supply chain disruptions and competition are all elements that affect FedEx's revenue, margins and strategic investments.
- 09/19/2024
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Markets Celebrate Loosening Interest Rate Cycle
- Economic prints were better than expected today, as well -- all but FedEx's (FDX) Q1 earnings results.
- 09/19/2024
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FedEx (FDX) Q1 Earnings and Revenues Miss Estimates
- FedEx (FDX) came out with quarterly earnings of $3.60 per share, missing the Zacks Consensus Estimate of $4.82 per share. This compares to earnings of $4.55 per share a year ago.
- 09/19/2024
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FedEx earnings will show the success of the company's restructuring, says TD Cowen's Jason Seidl
- TD Cowen senior analyst Jason Seidl joins 'Closing Bell' to discuss his expectations for FedEx earnings, why he is picking FedEx over UPS, and more.
- 09/19/2024
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FedEx Stock Falls After Shipper Slashes Full-Year Outlook
- FedEx (FDX) shares tumbled in extended trading Thursday after the company missed analysts' estimates with its fiscal first-quarter results and slashed its full-year outlook.
- 09/19/2024
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No 'urgency or tightness' in supply chain impacted FedEx this quarter, says Barclays' Oglenski
- Brandon Oglenski, Barclays transportation analyst, joins 'Closing Bell Overtime' to talk FedEx earnings.
- 09/19/2024
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FedEx shares fall sharply after missing on revenue and earnings, lowering guidance
- CNBC's Fran Holland joins 'Closing Bell Overtime' with FedEx earnings.
- 09/19/2024
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FedEx stock falls as company narrows its full-year forecast
- The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.
- 09/19/2024
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FedEx earnings will show the success of the company's restructuring, says TD Cowen's Jason Seidl
- TD Cowen senior analyst Jason Seidl joins 'Closing Bell' to discuss his expectations for FedEx earnings, why he is picking FedEx over UPS, and more.
- 09/19/2024
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FedEx reports drop in quarterly earnings on lower demand for priority services
- FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast as demand in the package industry remained muted, especially for priority services.
- 09/19/2024
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FedEx Earnings Are Coming. Investors Want to See Sales Growth.
- Wall Street expects FedEx to report earnings per share of $4.75 for the fiscal first quarter ended Aug. 31, one of the logistics firm's slower months.
- 09/19/2024
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FedEx Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
- FedEx Corporation FDX will release earnings results for its first quarter, after the closing bell on Thursday, Sept. 19.
- 09/18/2024
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Cramer's Stop Trading: FedEx
- CNBC's Jim Cramer explains why he is keeping an eye on shares of FedEx.
- 09/18/2024
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Pick FedEx Stock Ahead Of Q1?
- FedEx (NYSE: FDX) is scheduled to report its fiscal Q1 2025 results on Thursday, September 19 (FedEx's fiscal year ends in May). We expect the company to post an upbeat quarter, driven by an overall improvement in volumes.
- 09/18/2024
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AWARD-WINNING KING OF COMEDY D.L. HUGHLEY, GROUNDBREAKING REAL ESTATE MOGUL R. DONAHUE PEEBLES AMONG 2024 BLACK ENTERPRISE XCEL AWARD HONOREES
- BLACK ENTERPRISE to Present its Highest Honor in Recognition of "The Best of Who We Are" as the Annual Black Men XCEL Summit, hosted by FedEx, Returns to Miami. NEW YORK, Sept. 17, 2024 /PRNewswire/ -- BLACK ENTERPRISE, the nation's premiere Black digital media brand, will present its highest honor in recognition of the achievements of Black men when it presents the XCEL Awards at the 2024 Black Men XCEL Summit on Wednesday, Nov. 6, 2024, in Miami. Black Men XCEL is the nation's No. 1 executive development and corporate leadership conference for Black men, annually attracting more than 700 corporate executives, professionals, and business leaders from around the country. The Black Men XCEL Summit, hosted by FedEx, will take place Nov. 6 – 8, 2024, at the JW Marriott Miami Turnberry Resort & Spa Conference Center in Miami. The XCEL Awards recognize outstanding impact, achievement, and leadership by men at major corporations as well as in business, the arts, education, government, and other influential areas. Past XCEL Award recipients include former American Express Chairman & CEO Kenneth I. Chenault, The Potters House Senior Pastor T.D. Jakes, Filmmaker and Producer Robert Townsend, and NFL Hall of Famer Jerome "The Bus" Bettis. Recognized honorees at the 2024 XCEL Awards Gala include the following outstanding achievers: D.L. Hughley - Hughley is a Peabody Award-winning radio and television host/commentator, actor, producer, and iconic stand-up comedian/Original King of Comedy. R. Donahue "Don" Peebles - Peebles is an exemplary business leader and groundbreaking real estate mogul who has shattered barriers and expanded possibilities for other entrepreneurs with every project since founding The Peebles Corporation more than 40 years ago. Steven Williams - As the current CEO of PepsiCo Foods North America, Williams is an outstanding C-suite leader who has consistently delivered excellence over a sterling career of nearly three decades. Ed Gordon - Gordon is a groundbreaking television journalist and news anchor who has chronicled many of America's most important news and newsmakers for over three decades and counting. The Black Men XCEL Summit will host more than 800 attendees who will engage in three immersive days of professional development sessions and activities designed to share and reinforce best-in-class executive leadership, career advancement, peak performance, and personal resilience strategies. Topics will include "Ace Your Performance Review: Proven Tactics for Success, Promotions, and Pay Raises," "Managing Your Career: The Challenges and Opportunities of A.I.," and "Social Media Secrets to Amplify Your Voice and Value," in addition to one-on-one executive leadership and financial coaching sessions. In addition to XCEL honorees Steven Williams, Don Peebles, D.L. Hughley, and Ed Gordon, confirmed speakers include VISA Chief Marketing Officer Frank Cooper III, FraserNetInc. Founder George C. Fraser; Travelers Vice President, Work Force Wes Alexander; AT&T Corporate Real Estate and Security Senior Vice President Michael Ford; Dell Technologies ISO Customer Delivery Vice President Dexter Brown, Nationwide Vice President and Chief Marketing Officer Ramon Jones; A.I. Expert and Kapor Capital Senior Director Cliff Worley; and many more! The host sponsor of the 2024 Black Men XCEL Summit is FedEx. Presenting sponsors include Fidelity Investments, Manulife John Hancock, VISA, and UnitedHealth Group. Platinum sponsors include JPMorgan Chase & Co. and Walmart. Corporate partners include AARP, Accenture, AT&T, Dell Technologies, Morgan Stanley, Nationwide, and Travelers. For more information on the 2024 Black Men XCEL Summit's agenda and its speakers, go to www.blackenterprise.com/event/black-men-xcel-2024/ BLACK ENTERPRISE EXISTS TO INSPIRE, EMBOLDEN, AND EMPOWER The Black COMMUNITY TO EMBARK ON THE LIFETIME JOURNEY FROM AMBITION TO ACHIEVEMENT. Since 1970, BLACK ENTERPRISE has been the premier business, career, investing, and wealth-building resource for African Americans. BLACK ENTERPRISE produces video and podcast programming, virtual and in-person business and lifestyle events, and other digital media. Visit www.blackenterprise.com for more information.
- 09/17/2024
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How To Earn $500 A Month From FedEx Stock Ahead Of Q1 Earnings
- FedEx Corporation FDX is scheduled to release earnings results for its first quarter, after the closing bell on Thursday.
- 09/17/2024
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FedEx Earnings Preview: Ultimately, FedEx Is A Margin And Free Cash Flow Story
- When FedEx reports after the close on Thursday, September 19, consensus is expecting revenue of $21.9 billion for the 2nd consecutive quarter of YoY growth of 1%. Last quarter, FedEx generated a consolidated operating margin of 8.6%, with Ground showing good volume and yield gains. FedEx is a cheap stock on a growth basis, with the 3-year average multiple ('25 to '27) of 12x currently.
- 09/16/2024
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Market Navigator: Trading FedEx through earnings
- Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss trading FedEx through earnings.
- 09/16/2024
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FedEx (FDX) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
- Beyond analysts' top -and-bottom-line estimates for FedEx (FDX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended August 2024.
- 09/16/2024
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The Zacks Analyst Blog FedEx, United Parcel Service and Air Transport
- FedEx, United Parcel Service and Air Transport are included in this Analyst Blog.
- 09/16/2024
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What You Need To Know Ahead of FedEx's Earnings Thursday
- FedEx (FDX) is set to report fiscal 2025 first-quarter earnings after the bell Thursday, with analysts expecting the shipping giant to post year-over-year revenue and profit gains.
- 09/16/2024
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Fed Meeting, FedEx and Lennar Earnings, and More to Watch
- Plus, Bank of Japan's rate decision and earnings from Ferguson and General Mills.
- 09/15/2024
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FedEx: A Turnaround With Significant Upside Potential
- FedEx is undergoing a significant transformation under CEO Raj Subramaniam, aiming to cut costs and integrate its Express and Ground networks to improve efficiency. Despite facing competition from Amazon and low-cost operators, FedEx's strategic initiatives and cost-saving measures have boosted investor confidence, reflected in its stock performance. The company is focusing on high-margin areas like healthcare logistics, with promising growth prospects, and aims to return substantial capital to shareholders.
- 09/15/2024
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What To Expect in the Markets This Week
- Economists believe the Federal Reserve will lower interest rates at its meeting this week, with the Wednesday announcement followed by a press conference with Chair Jerome Powell.
- 09/15/2024
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How Should Investors Play FedEx Stock Ahead of Its Q1 Earnings?
- Revenue weakness due to lackluster demand is likely to have hurt FDX's first-quarter fiscal 2025 performance.
- 09/13/2024
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Top stocks to watch: FedEx, Lennar, FactSet, General Mills, VinFast
- American stocks staged a strong recovery this week, erasing most of the losses made last week. The Dow Jones rose by almost 1% while the S&P 500 and Nasdaq 100 indices soared by over 1.8% and 2.58%, respectively.
- 09/13/2024
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FedEx (FDX) Earnings Expected to Grow: Should You Buy?
- FedEx (FDX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 09/12/2024
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Why FedEx (FDX) is a Top Value Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 09/12/2024
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Will FedEx Stock Surge Again After Earnings?
- Shipping giant FedEx Corporation (NYSE:FDX) will report fiscal first-quarter results after the close on Thursday, Sept.
- 09/11/2024
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Here's Why FedEx (FDX) Gained But Lagged the Market Today
- FedEx (FDX) reachead $283.30 at the closing of the latest trading day, reflecting a +0.09% change compared to its last close.
- 09/09/2024
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FedEx Places First Order for 15 Workhorse W56 Step Vans to Grow Zero-Tailpipe Emission Fleet
- CINCINNATI, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that FedEx (NYSE: FDX) has issued a purchase order for 15 W56 step vans to be delivered in 2024. This milestone order follows a successful demonstration in which the Workhorse W56 step van met FedEx operation duty cycle requirements.
- 09/09/2024
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FedEx invests in AI robotics company Nimble to boost its supply chain business
- FedEx said on Thursday it has invested in AI robotics and autonomous technology company Nimble to help scale up the delivery giant's Fulfillment unit which aids small and medium-sized businesses in fulfilling orders and managing inventory.
- 09/05/2024
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Here's Why Investors Should Retain FedEx Shares for Now
- FedEx's bottom line benefits from cost-cutting efforts. The shareholder-friendly approach is encouraging.
- 09/05/2024
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These 2 Sectors Could Provide Roadmap for the Market
- When trying to figure out where the economy is going (let alone the stock market), investors often throw a handful or three indicators to keep track of without knowing which is accurate and which is not. So, to keep all the noise out, investors can trust the data tested by one of Wall Street's best investors, Stanley Druckenmiller.
- 09/04/2024
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These 2 Sectors Could Proivde Roadmap for the Market
- When trying to figure out where the economy is going (let alone the stock market), investors often throw a handful or three indicators to keep track of without knowing which is accurate and which is not. So, to keep all the noise out, investors can trust the data tested by one of Wall Street's best investors, Stanley Druckenmiller.
- 09/04/2024
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Will FedEx (FDX) Beat Estimates Again in Its Next Earnings Report?
- FedEx (FDX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 09/02/2024
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3 Air-Freight & Cargo Stocks to Watch in a Thriving Industry
- Shareholder-friendly moves and cost-cutting initiatives bode well for the Zacks Transportation-Air Freight and Cargo industry. FDX, GXO and ATSG are well-poised to capitalize on the bullishness.
- 09/02/2024
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FedEx: Powerful Setup For Growth Investors
- FedEx remains a solid long-term investment. The setup is excellent. The DRIVE initiative, including the One FedEx and Network 2.0 initiatives, are driving tangible cost reduction and efficiency. FedEx's change management strategies and anticipated lower interest rates are likely to boost financial performance and stock prices.
- 08/29/2024
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Why the Market Dipped But FedEx (FDX) Gained Today
- In the latest trading session, FedEx (FDX) closed at $297.24, marking a +0.02% move from the previous day.
- 08/27/2024
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FedEx (FDX) Ascends While Market Falls: Some Facts to Note
- In the latest trading session, FedEx (FDX) closed at $288.44, marking a +0.01% move from the previous day.
- 08/20/2024
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These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 08/20/2024
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FedEx (FDX) is a Top-Ranked Growth Stock: Should You Buy?
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 08/16/2024
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Inflation Cools in July: 4 Sector ETFs & Stocks to Thrive
- The annual inflation rate in the United States slowed for a fourth successive month in July 2024.
- 08/15/2024
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FedEx (FDX) Rises But Trails Market: What Investors Should Know
- The latest trading day saw FedEx (FDX) settling at $283.33, representing a +0.08% change from its previous close.
- 08/14/2024
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FedEx Is Driving To A More Profitable Future
- FedEx is improving profitability slowly but surely from now to 2027. The DRIVE initiative is transforming operations, focusing on cost-cutting and efficiency. FedEx might be fairly valued and has the potential for capital appreciation if macroeconomic conditions hold.
- 08/13/2024
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FedEx (FDX) Rises Yet Lags Behind Market: Some Facts Worth Knowing
- In the closing of the recent trading day, FedEx (FDX) stood at $278.62, denoting a +0.18% change from the preceding trading day.
- 08/08/2024
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FedEx Tackles the Ultimate Logistics Challenge: Getting Rid of Duplicate Trucks
- FedEx FDX -1.86%decrease; red down pointing triangle for years operated almost indistinguishable Ground and Express networks, their trucks sometimes delivering packages to the same doorstep within minutes of each other. Merging the two has revealed just how different the halves really were.
- 08/04/2024
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Tug-Of-War Between Weakening Consumers And Forthcoming Rate Cuts: 3 Stocks I'm Buying
- The market is caught between excitement over Fed rate cuts and nervousness over weakening consumer trends, unemployment, and falling wage growth. I've been discussing the ongoing economic weakening, declining consumer spending power, and labor market struggles for months. I discuss my call for a 2024 recession, data on weakening consumer trends, the impact of Fed rate cuts on big tech, and a cautious buy list.
- 08/03/2024
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FedEx (FDX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- The latest trading day saw FedEx (FDX) settling at $297.83, representing a -1.46% change from its previous close.
- 08/01/2024
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Here's Why FedEx (FDX) is a Strong Growth Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 07/31/2024
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Weebit Nano to present test results of ReRAM performance on GlobalFoundries 22FDX® wafers at FMS 2024
- HOD HASHARON, Israel, July 29, 2024 (GLOBE NEWSWIRE) -- Weebit Nano Limited (ASX:WBT), a leading developer and licensor of advanced memory technologies for the global semiconductor industry, is participating at FMS: the Future of Memory and Storage 2024, being held August 6-8, 2024, in Santa Clara, California. FMS is the world's largest conference and exhibition dedicated to the latest trends, innovations, and influencers driving the adoption of high-speed memory and storage technologies.
- 07/29/2024
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FedEx (FDX) Up 0.7% Since Last Earnings Report: Can It Continue?
- FedEx (FDX) reported earnings 30 days ago. What's next for the stock?
- 07/25/2024
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Here's Why FedEx (FDX) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 07/24/2024
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Why FedEx (FDX) is a Top Momentum Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 07/22/2024
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FedEx Stock Soars to New Peak. Here's Why I'm Doubling Down
- FedEx is near all-time highs for several important financial metrics. The company has maintained profit margins despite lower delivery volumes.
- 07/21/2024
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UPS, FedEx Say Deliveries May Be Delayed by Microsoft Outage
- Both UPS and FedEx told their customers Friday (July 19) that package deliveries may be delayed due to the global Microsoft outage that began late Thursday (July 18). “A third-party software outage is impacting some UPS computer systems,” UPS said in a service alert on its website.
- 07/19/2024
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7 Transportation Stocks to Buy Now: Q3 Edition
- It's not been a great year for transportation stocks. The benchmark SPDR S&P Transportation ETF (NYSEARCA: XTN ) has fallen 9% over the past 12 months.
- 07/16/2024
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3 Overlooked Stocks Ready to Heat Up This July
- A sea change in the market might be starting to occur. The June Consumer Price Index showed that inflation in the U.S. declined to an annualized rate of 3%, its lowest level in three years.
- 07/15/2024
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Why FedEx (FDX) is a Top Growth Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 07/15/2024
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These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 07/12/2024
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Markets Sell the News After Satisfying CPI
- The Inflation Rate came in better than expected for a soft landing, but the S&P and Nasdaq posted their worst trading day in two months.
- 07/11/2024
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2 High Yield Dividend Stocks For Income: One Yields More Than 5%
- I will introduce you to two high dividend yield companies that could be attractive additions to your dividend portfolio. Both companies unify dividend income and dividend growth, are financially healthy, and could be important key positions in your dividend portfolio. However, to reduce the company-specific concentration risk of your investment portfolio, I suggest setting an allocation limit of 2.5% for one and 4% for the other.
- 07/11/2024
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Why FedEx (FDX) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 07/08/2024
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Here's the 1 Thing UPS and FedEx Investors Need to Look Out For in 2024
- Package delivery volumes are set to improve, according to both companies' management teams. Revenue per package and yields are holding up well.
- 07/04/2024
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The 7 Best Stocks to Buy in July 2024
- The first half of the trading year is in the books, and by all accounts, it was a resounding success. The benchmark S&P 500 index rose 15% from January through the end of June, hitting all-time highs on 31 separate occasions.
- 07/03/2024
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Why FedEx Stock Hit the Gas in June
- FedEx beat expectations in its most recent quarter. The company is also considering shedding its freight operation.
- 07/02/2024
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Here's Why You Should Retain FedEx (FDX) Stock for Now
- FedEx's (FDX) bottom line is bolstered by reduced structural cost initiatives. Efforts to reward shareholders are commendable.
- 07/02/2024
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FedEx's Turnaround Story: Why Wall Street Is Betting on 100% Upside
- Surprise positive earnings by FedEx (NYSE: FDX ) sent its stock soaring nearly 20% last week. The package delivery specialist easily beat Wall Street's fiscal fourth-quarter revenue and earnings estimates, helping to lift shares to one of its best one-day performances.
- 07/02/2024
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3 Recession-Proof Consumer Brands Crushing Earnings Estimates
- The reduction in consumer spending and increase in prices has shaken most of the consumer brands in the U.S. These trends have left most average Americans spending more on necessities such as groceries. Most non-necessary consumer brands have been forced to bear the brunt of the slowing economy.
- 07/02/2024
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3 Recent Stock Buybacks: Adobe, Marathon, and FedEx Lead the Way
- When investors consider the main ways to get their money back from an investment and a reasonable return on that initial investment, the average retail investor thinks of two main approaches. First is the classic ‘buy low and sell high' approach, which means someone sold stock at a profit and created a taxable event for those capital gains.
- 07/01/2024
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FedEx: DRIVE Initiative Has Exceeded My Expectations, For Now
- FDX stock has gained 21.3% since July 2023, slightly underperforming the S&P 500. Q4 report shows FDX beat on top and bottom lines, with cost-cutting initiative DRIVE progressing well. Strategic evaluation of Freight business suggests a spinoff could bring significant benefits to shareholders.
- 07/01/2024
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FedEx Q4: Turnaround Taking Hold
- FedEx while long struggling with operational efficiency, shown in losing USPS contract to UPS, is leading to cost-cutting measures that helped revenue increase in Q4. Recent earnings report beats expectations, showing increased net income, revenue, and operating income, leading their stock to move higher this week. FedEx's valuation suggests undervaluation compared to sector, with potential for significant upside if turnaround continues successfully.
- 07/01/2024
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FedEx's Performance Saves the CE 100 Index From Decline as Nike Disappoints
- It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight gain in value with a 0.4% uptick led by gains in the “Move,” “Banking” and “Enablers” pillars.
- 07/01/2024
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What FedEx Earnings Mean to UPS Investors
- Volume improvement is on the way for package delivery companies. The pricing environment remains supportive for revenue growth.
- 06/30/2024
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Buffett's Next Big Buy? 3 Value Stocks Warren Could Scoop Up Soon
- Warren Buffett is widely known as one of the best value investors of all time. However, there is more that goes on in his thought process than just value.
- 06/29/2024
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FedEx Q4: Why The Stock Is A Hold After A 10% Earnings Jump
- FedEx stock is up nearly 15% following Q4 earnings report. The company is considering spinning off FedEx Freight, potentially providing a windfall to shareholders. The DRIVE cost-saving initiative has led to increased margins and consolidation of operations, making FedEx a solid investment option.
- 06/28/2024
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FedEx Hits A High, Financial Stock Rockets As Profits Soar
- FedEx stock broke out of a base following the company's earnings report. And a financial company's annual profits are expected to grow 167%.
- 06/28/2024
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Here's Why Shares in FedEx Surged Higher This Week
- Revenue and margins improved in a challenging operating environment. Management believes delivery volumes will improve through the year.
- 06/28/2024
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3 Stocks to Buy Right Now Without Any Hesitation
- Unexpected catalysts are driving the share prices of some previously beaten down stocks sharply higher, presenting a buying opportunity for investors. Surprise earnings beats, new partnerships and takeover rumors are lifting the share prices of several well-known companies that had fallen on hard times.
- 06/28/2024
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FedEx Earnings Summary: P/E Still Cheap To Growth, Freight Spinoff Adds To Valuation Story
- FedEx reported its fiscal Q4 '24 earnings results on June 25th after the closing bell, and the stock rose $39, or 15%, on June 26th on heavy volume. The potential spinning off of Freight, disclosed in the earnings release, is a potential additional catalyst for FedEx stock. FedEx's valuation story remains intact. Even with the 15% jump in stock price, the P/E remains quite reasonable to expected EPS growth, and price-to-sales is still below 1.0x, at 0.83x after Wednesday's close.
- 06/27/2024
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Should You Pick FedEx Stock At $300 After An Upbeat Q4?
- FedEx stock (NYSE: FDX) saw a 15% rise on Wednesday, June 26, after it reported Q4'24 results (fiscal ends in May) better than the street estimates. FDX stock is up 17% year-to-date, compared to -12% returns for its peer – UPS stock.
- 06/27/2024
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FedEx Up Post Q4 Earnings Beat: What's Next for FDX Investors?
- As FedEx (FDX) reports better-than-expected Q4 earnings per share, we perform an in-depth analysis to determine its current investment worthiness.
- 06/27/2024
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2 Incredible Dividend Growth Stocks to Buy Right Now
- Dividend growth stocks have a remarkable history of generating above-average returns for investors. Here's a breakdown of two of the best stocks in the category.
- 06/27/2024
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3 Stocks to Watch: Oracle, Casey's, FedEx Signal Big Gains
- Stock market trends come in many forms, but this article will focus on the price trend. A trend is a general direction in which something develops; in the case of investing, the upward price trend is essential.
- 06/27/2024
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Experts Expect Spinoff as FedEx Considers Future of Freight Unit
- FedEx is reportedly expected to spin off its Freight unit after it conducts an assessment of the future of that business unit.
- 06/26/2024
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S&P 500 Gains and Losses Today: FedEx Stock Delivers Big Boost After Earnings Beat
- Major U.S. equities indexes edged higher in the midweek session, led by outperformance in the consumer discretionary sector and tech stocks that continued to regain momentum.
- 06/26/2024
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FedEx (FDX) Q4 Earnings Surpass Estimates, Revenues Lag
- FedEx's (FDX) fourth-quarter fiscal 2024 earnings improve year over year while revenues decline.
- 06/26/2024
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FedEx Q4 Results 'Solid,' 2025 Guidance 'Appropriate,' Freight Spinoff 'Tantalizing Opportunity For Investors': 7 Analysts Size Up Results, What's Next
- Transportation company FedEx Corporation FDX was sized up by analysts after reporting fourth-quarter results that beat estimates.
- 06/26/2024
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FedEx (FDX) Delivers on Earnings & Issues Positive Guidance
- FedEx (FDX) cost-cutting will likely remain the main driver in recovering earnings back to the pandemic era records, notes Anthony Deruijter. He and Scott Schneeberger discuss how FedEx delivers on earnings and issues positive guidance.
- 06/26/2024
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FedEx: Why Did The Stock Price Soar?
- FedEx beat analyst estimates in Q4 2024 on the top and bottom lines. Stock price reached $293 target, showing market outperformance. FedEx guided for a bullish FY25 with a strong outlook and DRIVE initiative outweighing headwinds.
- 06/26/2024
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Call Traders Target FedEx Stock After Earnings
- The shares of FedEx Corporation (NYSE:FDX) are trading at nearly three-year highs today after earnings, last seen up 14.2% at $292.78.
- 06/26/2024
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Nasdaq 100, Dow Jones, S&P 500 News: Modest Gains for Tech Stocks as FedEx and Whirlpool Surge
- The Nasdaq sees modest gains as Nvidia edges up, continuing its recovery after a significant selloff that erased $430 billion from its market value.
- 06/26/2024
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FedEx Stock Jumps on Q4 Earnings Beat: ETFs Likely to Gain
- FedEx (FDX) shares jumped more than 15% in after-market trading after the courier company outpaced earnings estimates and provided a strong earnings forecast for fiscal 2025.
- 06/26/2024
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Why FedEx Stock Is in the Fast Lane Today
- FedEx beat top- and bottom-line estimates, and guided for fiscal 2025 earnings slightly above expectations. The company is also considering divesting its trucking unit.
- 06/26/2024
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Investors snap up FedEx bonds after strong earnings, strategic review of freight business
- FedEx Corp.'s outstanding bonds saw net buying out of the gate on Wednesday, in a positive response to the company's better-than-expected fiscal fourth-quarter earnings and news of a strategic review of its freight business.
- 06/26/2024
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FedEx cost-cutting efforts pay off in Q4 earnings
- Parcel and freight delivery company FedEx (FDX) reported a fiscal fourth-quarter earnings beat on Tuesday, posting in-line revenue of $21.1 billion and adjusted earnings of $5.41 per share (expected $5.34 per share). FedEx's stock is moving higher in pre-market trading — and into Wednesday's regular session — off of its full-year 2025 guidance and announcing a $2.5 billion share buyback plan.
- 06/26/2024
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FedEx Stock Can Deliver a Fresh All-Time High This Year
- FedEx's NYSE: FDX focus on efficiency in the face of troubled operating conditions is why this stock can set a fresh high this year. The fiscal Q4 results delivered exactly what the market wanted and more, suggesting momentum is building and guidance is cautious.
- 06/26/2024
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FedEx: Potential For $30 Billion In Value Being Unlocked Via Cost Savings And Volume Recovery
- FedEx stock is up double-digits after its quarterly report, but it is still reasonably priced with good growth prospects and cost-saving initiatives. FedEx Freight can offer a good value-creation opportunity. The company has a positive revenue growth outlook with the normalization of eCommerce demand and inventory destocking ending.
- 06/26/2024
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FedEx Stock Delivers Best Day Since 2022—Shares Hit 3-Year High
- FedEx shares paced Wednesday toward one of the biggest gains in the delivery giant's 46 years as a public company, after FedEx's quarterly earnings report brought investors the whole package.
- 06/26/2024
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FedEx cost cuts are delivering results, and potential freight spinoff is ‘tantalizing': analysts
- FedEx Corp.'s ongoing cost-cutting efforts are delivering results, say analysts, who also welcome the package deliverer's strategic review of its freight business.
- 06/26/2024
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Nasdaq, S&P 500 Set To Open Higher On Nvidia Prop, FedEx Earnings, But Traders Could Move To Sidelines Ahead Of Key Data: Analyst Says Underweighting Techs 'Contrarian Bet'
- Futures trading reflects the same trend seen on Tuesday, with the Nasdaq and S&P 500 futures firming up in early trading, while the Dow futures slipped. Notwithstanding the tech strength, the underlying sentiment is likely to be one of caution ahead of some key market-moving economic catalysts scheduled for the next two sessions.
- 06/26/2024
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FedEx will benefit from chip demand, says Don Broughton
- Don Broughton, managing partner at Broughton Capital, joins CNBC's 'Squawk Box' to discuss FedEx's earnings, why he's short on UPS, and more.
- 06/26/2024
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FedEx shares surge over 13% as investors welcome $1.8 b reduction in structural costs
- FedEx Corp. shares surged over 13% in Wednesday's premarket session following the company's announcement of significant structural cost reductions for fiscal year 2024. Investors reacted positively to the news, which is part of FedEx's broader strategic initiative aimed at enhancing efficiency and profitability.
- 06/26/2024
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Watch These FedEx Price Levels as Stock Soars After Earnings Beat
- Shares in package delivery giant FedEx (FDX) moved sharply higher ahead of Wednesday's opening bell after the company topped Wall Street's quarterly earnings estimates and provided an optimistic outlook, as it undergoes a broad cost-cutting plan.
- 06/26/2024
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FedEx Adds Data-Driven Solutions as Volume Continues to Stabilize
- FedEx saw its volume continue to stabilize during the quarter ending May 31 after experiencing year-over-year declines. In May, its FedEx Express U.S.
- 06/25/2024
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FedEx Corporation (FDX) Q4 2024 Earnings Call Transcript
- FedEx Corporation (NYSE:FDX ) Q4 2024 Earnings Call Transcript June 25, 2024 5:00 PM ET Company Participants Jeni Hollander - VP of IR Raj Subramaniam - President and CEO Brie Carere - EVP, Chief Customer Officer John Dietrich - EVP and CFO Conference Call Participants Daniel Imbro - Stephens Inc. Scott Group - Wolfe Research Chris Wetherbee - Citigroup Conor Cunningham - Melius Research Ken Hoexter - Bank of America Brandon Oglenski - Barclays. Tom Wadewitz - UBS Jonathan Chappell - Evercore Jordan Alliger - Goldman Sachs Brian Ossenbeck - J.P.
- 06/25/2024
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Compared to Estimates, FedEx (FDX) Q4 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for FedEx (FDX) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 06/25/2024
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Big Jumps for RIVN, CCL, FDX and NVDA Today
- Both Carnival and FedEx beat earnings today, while Rivian got a major partner in VW, and NVIDIA returned to being NVIDIA.
- 06/25/2024
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FedEx (FDX) Q4 Earnings Surpass Estimates
- FedEx (FDX) came out with quarterly earnings of $5.41 per share, beating the Zacks Consensus Estimate of $5.34 per share. This compares to earnings of $4.94 per share a year ago.
- 06/25/2024
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FedEx Stock Jumps on Better-Than-Expected Earnings Driven By Cost Cutting
- FedEx (FDX) reported better-than-expected quarterly earnings on Tuesday, sending shares of the parcel deliver company sharply higher in extended trading.
- 06/25/2024
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FedEx shares jump after hours as massive cost-cutting measures kick in
- The company reported revenue and earnings beats and a drop in capital spending on Tuesday for its fiscal fourth quarter. FedEx is in the midst of a $4 billion cost-cutting effort, including the consolidation of its air and ground shipping businesses.
- 06/25/2024
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FedEx shares skyrocket on earnings beat
- Peter McNally, Third Bridge Global Sector Lead for Industrials, Materials, and Energy, joins 'Closing Bell Overtime' to talk FedEx earnings.
- 06/25/2024
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FedEx Gives Better-Than-Expected Forecast on Cost Cuts
- FedEx forecast profit above Wall Street's expectations and said it would buy back $2.5 billion of its stock over the next year. Lee Klaskow has more on "Bloomberg The Close.
- 06/25/2024
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FedEx's (FDX) Earnings & $5B Share Repurchase Program
- FedEx (FDX) shares popped after an earnings beat. $FDX reported an 4Q adjusted EPS of $5.41 versus an estimated $5.34 and revenue came in at $22.10B versus an estimated $22.12B.
- 06/25/2024
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FedEx shares surge post-earnings as DRIVE plan boosts profitability
- FedEx Corp (NYSE:FDX, ETR:FDX) shares jumped afterhours as the parcel delivery firm's fiscal fourth quarter and full-year earnings impressed, showing that its DRIVE cost savings plan is improving profitability. For fiscal 2024, adjusted earnings per share (EPS) of $17.80 topped estimates of $17.76 while revenue of $87.7 million matched expectations.
- 06/25/2024
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FedEx Q4 Earnings Highlights: Shares Surge On Revenue Beat, Guidance, $2.5-Billion Buyback, Freight Strategic Review
- Logistics company FedEx Corporation FDX reported fourth-quarter financial results after the market close Tuesday.
- 06/25/2024
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FedEx Reports Higher Full-Year Diluted EPS of $17.21 and Adjusted Diluted EPS of $17.80
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the quarter ended May 31 (adjusted measures exclude the items listed below for the applicable fiscal year): Fiscal 2024 Fiscal 2023 As Reported (GAAP) Adjusted (non-GAAP) As Reported (GAAP) Adjusted (non-GAAP) Revenue $22.1 billion $22.1 billion $21.9 billion $21.9 billion Operating income $1.56 billion $1.87 billion $1.50 billion $1.77 billion Operating.
- 06/25/2024
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Why Lee Munson 'wouldn't touch' FedEx stock
- Lee Munson, Portfolio Wealth Advisors president and CIO, joins 'The Exchange' to discuss how to trade FedEx, General Mills, and Paychex.
- 06/25/2024
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Case-Shiller Home Prices Cool in April
- Case-Shiller Home Prices Cool in April.
- 06/25/2024
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Case-Shiller Home Prices Cooling; FedEx After the Close
- April home prices came down slightly to +6.3% according to Case-Shiller data. FedEx is expected to fetch +8% earnings growth.
- 06/25/2024
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BofA: FedEx's earnings report is all about guidance and cost-cutting
- Ken Hoexter, Senior Transportation Analyst at BofA Securities, discusses earnings from FedEx.
- 06/25/2024
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Stocks To Watch On Tuesday: Boeing, FedEx And More
- With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
- 06/25/2024
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Bloomberg Invest & Carnival, FedEx Earnings | What To Watch
- NHL Game 7, Bloomberg Invest, Consumer Confidence, Carnival, FedEx Earnings. -------- More on Bloomberg Television and Markets Like this video?
- 06/24/2024
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Key Economic Data to Deluge Market This week
- Key Economic Data to Deluge Market This week.
- 06/24/2024
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PCE, Housing, Earnings to Inform Trading Week
- Reports this week will help inform the Fed on how to adjust inflation rates in the (near?) future.
- 06/24/2024
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Is the Options Market Predicting a Spike in FedEx (FDX) Stock?
- Investors need to pay close attention to FedEx (FDX) stock based on the movements in the options market lately.
- 06/24/2024
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How To Earn $500 A Month From FedEx Stock Ahead Of Q4 Earnings
- FedEx Corporation FDX will release its fourth quarter financial results, after the closing bell on Tuesday.
- 06/24/2024
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FedEx Earnings Preview: Stock's Cheap On Forward P/E And 5% Free Cash Flow Yield Basis
- The Street is seeing the first expected, positive yoy growth since mid-22 for FedEx's revenue, operating income, and earnings per share when the company reports its Q4 2024 earnings this week. CEO Raj Subramaniam in the last 18 months has said that FedEx's goal is for consistent (within reason) 10% operating margin over time, but I think Raj and the FedEx management team will have to do better than that for shareholders. The US and the rest of the world are returning to a more normal ecommerce and freight delivery market the last 24 months, and FedEx will be greatly served to continue to rationalize margins and push for better efficiencies.
- 06/24/2024
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Nike, Micron, FedEx, Carnival, and More Stocks to Watch This Week
- The Fed's inflation measure is expected to be up 2.6% in a year. Earnings from Nike, Carnival, Micron, FedEx, and Walgreens.
- 06/23/2024
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3 Dividend Stocks That Recently Raised Their Payouts
- Realty Income can be a great source of monthly income for investors, especially with its yield currently beating the S&P 500 average. Target has an impressive track record for dividend growth, as its streak recently hit 53 straight years of increases.
- 06/22/2024
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Stock Market Heads For Midyear With Nike, FedEx And Micron Technology On Tap
- After a week of firsts, Nike, FedEx and Micron Technology are leading the stock market through the last week to midyear.
- 06/21/2024
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Trade Tracker: Jason Snipe sells Fedex
- Jason Snipe, founder and CIO at Odyssey Capital Advisors. joins CNBC's “Halftime Report” to discuss his latest sale.
- 06/21/2024
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Should You Pick FedEx Stock At $250 Ahead Of Q4 Results?
- FedEx (NYSE: FDX) is scheduled to report its fiscal Q4 2024 results on Tuesday, June 25 (FedEx's fiscal ends in May). We expect FDX stock to trade higher post the Q4 announcement, with its revenue and earnings expected to be above the street estimates.
- 06/21/2024
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How to Play FedEx (FDX) Stock Ahead of Its Q4 Earnings?
- Revenue weakness due to lower demand is likely to hurt FedEx's (FDX) Q4 results.
- 06/20/2024
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Seeking Clues to FedEx (FDX) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
- Evaluate the expected performance of FedEx (FDX) for the quarter ended May 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
- 06/19/2024
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FedEx (FDX) Reports Next Week: Wall Street Expects Earnings Growth
- FedEx (FDX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 06/18/2024
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FedEx (FDX) Rises Higher Than Market: Key Facts
- FedEx (FDX) closed at $250.06 in the latest trading session, marking a +1.47% move from the prior day.
- 06/17/2024
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3 Transportation Dividend Growth Stocks to Keep an Eye on
- Transportation stocks like GATX, FDX and EXPD have announced dividend hikes this year.
- 06/14/2024
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5 Stocks With Recent Dividend Hike for a Stable Portfolio
- Five stocks with recent dividend hike in focus are: HWC, UNH, E, FDX, HLNE.
- 06/14/2024
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FedEx Layoffs 2024: What to Know About the Latest FDX Job Cuts
- FedEx (NYSE: FDX ) layoffs are coming for employees in Europe as weak demand has the delivery company cutting thousands of jobs overseas. FedEx is going to be cutting between 1,700 and 2,000 jobs in Europe.
- 06/12/2024
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3 Air-Freight & Cargo Stocks to Watch in a Promising Industry
- Shareholder-friendly moves and cost-cutting initiatives bode well for the Zacks Transportation-Air Freight and Cargo industry. UPS, FDX and GXO are well-poised to capitalize on the bullishness.
- 06/12/2024
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FedEx laying off up to 2,000 workers at a cost of up to $375 million
- FedEx Corp. FDX, -0.51% said Wednesday it's reducing its work force by 1,700 to 2,000 employees at a cost $250 million to $375 million. The Memphis-based package delivery giant expects to save $125 million and $175 million on an annual starting in fiscal 2027.
- 06/12/2024
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FedEx to cut up to 2,000 back-office jobs in Europe
- FedEx is planning to cut between 1,700 and 2,000 back-office jobs in Europe, it said in a filing on Wednesday, as the parcel delivery company struggles with weak freight demand.
- 06/12/2024
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FedEx (FDX) Stock Declines While Market Improves: Some Information for Investors
- FedEx (FDX) concluded the recent trading session at $252.43, signifying a -0.51% move from its prior day's close.
- 06/11/2024
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FedEx (FDX) Share Price Increases on Dividend Hike of 10%
- FedEx (FDX) has a solid dividend growth track record over the past five years.
- 06/11/2024
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FedEx raises dividend 10%, but the new yield is less than half that of rival UPS
- FedEx Corp. announced Monday a 9.5% increase in its quarterly dividend, which has now more than doubled in three years.
- 06/10/2024
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FedEx Corp. Board Increases Quarterly Dividend 10 Percent
- MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corp. (NYSE: FDX) today approved an increase in the annual dividend rate on FedEx Corp. common stock of 10%, or $0.48 per share, to $5.52 per share for fiscal 2025 in line with the company's continued focus on delivering stockholder value. The Board today also declared a quarterly cash dividend of $1.38 per share on FedEx Corp. common stock. The dividend is payable July 9, 2024 to stockholders of record at the close of business on.
- 06/10/2024
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FedEx: Beaten Down Stock That Deserves Patience
- FedEx is set to report its Q4 fiscal year earnings on June 25th. Wall Street is expecting GAAP EPS of $5.22 on revenues of $22.15 billion. The company has been underperforming the S&P 500 this year due to a slowing global economy, higher costs, and a decline in shipping volumes. FedEx is now entering the lower end of its historical valuation range, now trading at a forward P/E ratio under 12x.
- 06/09/2024
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Here's Why You Should Hold on to FedEx (FDX) Stock Now
- FedEx's (FDX) bottom line expands due to cost-cut efforts. However, the company's top line grapples with a weak demand scenario.
- 06/05/2024
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Here's Why FedEx (FDX) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 06/04/2024
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Calls of the Day: Costco, Edwards Lifesciences, Citigroup, American Express & Fedex
- The Investment Committee give you their take on the latest Calls of the Day.
- 06/03/2024
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My Top 15 High Growth Dividend Stocks For June 2024
- The SPDR S&P 500 ETF Trust had a 5.06% gain in May, outperforming Vanguard's Dividend Appreciation Index Fund ETF Shares, +3.33%. The top 15 dividend growth stocks for June 2024 offer an average dividend yield of 1.37% and appear to be about 28% undervalued based on dividend yield theory. Since its inception in September 2020, the watchlist has achieved an 11.12% annualized return, beating VIG by 0.10% but trailing SPY by 2.18%.
- 06/03/2024
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Why the Market Dipped But FedEx (FDX) Gained Today
- FedEx (FDX) concluded the recent trading session at $249.58, signifying a +1.82% move from its prior day's close.
- 05/30/2024
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Why Investors Need to Take Advantage of These 2 Transportation Stocks Now
- Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
- 05/30/2024
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FedEx Corporation (FDX) CEO Raj Subramaniam presents at Bernstein's 40th Annual Strategic Decisions Conference (Transcript)
- FedEx Corporation (NYSE:FDX ) Bernstein's 40th Annual Strategic Decisions Conference May 29, 2024 1:30 PM ET Company Participants Jeni Hollander - IR Raj Subramaniam - President, CEO, and Director Conference Call Participants David Vernon - Bernstein David Vernon All right. Good afternoon, everyone.
- 05/29/2024
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Teamsters Struggle to Unionize Amazon and FedEx Delivery Workers
- The Teamsters union has made little headway in organizing workers at Amazon and FedEx despite wage and other gains it secured at UPS last year.
- 05/27/2024
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BetterInvesting™ Magazine Update on FedEx and Gap
- TROY, Mich., May 22, 2024 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced FedEx Corporation (NYSE: FDX) as its "Stock to Study" and Gap, Inc. (NYSE: GPS) as its "Undervalued Stock" in the August 2024 issue for investors' informational and educational use.
- 05/22/2024
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FedEx price target lowered as analysts expect up to $1.2B in headwinds costs to offset savings
- Analysts at UBS have lowered their price target on shipping and logistics company FedEx Corp (NYSE:FDX, ETR:FDX) ahead of its fiscal fourth quarter earnings report, pointing to multiple headwinds that will dampen the impact of its cost-cutting program in fiscal 2025. The analysts reduced their price target to $333 to $340 on lower earnings per share (EPS) estimates but awarded the stock a ‘Buy' rating.
- 05/21/2024
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Meridian Wealth Management LLC Acquires 218 Shares of FedEx Co. (NYSE:FDX)
- Meridian Wealth Management LLC lifted its holdings in FedEx Co. (NYSE:FDX – Free Report) by 19.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,354 shares of the shipping service provider’s stock after purchasing an additional 218 shares during the period. Meridian Wealth Management LLC’s holdings in FedEx were worth $343,000 at the end of the most recent quarter. Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of FedEx by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 18,729,110 shares of the shipping service provider’s stock worth $4,961,716,000 after purchasing an additional 59,161 shares during the last quarter. Sentry LLC purchased a new position in shares of FedEx in the 4th quarter worth approximately $1,811,748,000. FMR LLC raised its stake in shares of FedEx by 29.1% during the 3rd quarter. FMR LLC now owns 4,063,938 shares of the shipping service provider’s stock worth $1,076,619,000 after acquiring an additional 916,555 shares in the last quarter. Morgan Stanley lifted its position in FedEx by 1.1% during the third quarter. Morgan Stanley now owns 3,238,185 shares of the shipping service provider’s stock valued at $857,860,000 after acquiring an additional 35,085 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in FedEx by 13.6% in the third quarter. Invesco Ltd. now owns 3,004,838 shares of the shipping service provider’s stock valued at $796,042,000 after acquiring an additional 360,680 shares in the last quarter. Institutional investors own 84.47% of the company’s stock. FedEx Stock Performance Shares of FedEx stock opened at $257.25 on Monday. The business’s 50 day moving average price is $267.12 and its 200 day moving average price is $256.66. The company has a market cap of $63.30 billion, a price-to-earnings ratio of 14.84, a PEG ratio of 1.21 and a beta of 1.23. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.26 and a current ratio of 1.31. FedEx Co. has a one year low of $213.80 and a one year high of $291.27. FedEx (NYSE:FDX – Get Free Report) last posted its quarterly earnings results on Thursday, March 21st. The shipping service provider reported $3.86 EPS for the quarter, topping the consensus estimate of $3.49 by $0.37. FedEx had a return on equity of 16.60% and a net margin of 5.02%. The business had revenue of $21.70 billion for the quarter, compared to analyst estimates of $21.95 billion. During the same quarter in the previous year, the firm earned $3.41 EPS. The company’s quarterly revenue was down 2.1% compared to the same quarter last year. On average, research analysts predict that FedEx Co. will post 17.7 EPS for the current year. FedEx declared that its Board of Directors has approved a share buyback program on Thursday, March 21st that authorizes the company to buyback $5.00 billion in shares. This buyback authorization authorizes the shipping service provider to purchase up to 7.6% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued. Insider Transactions at FedEx In related news, Chairman Frederick W. Smith sold 113,400 shares of the company’s stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of $274.30, for a total value of $31,105,620.00. Following the transaction, the chairman now directly owns 14,505,844 shares in the company, valued at $3,978,953,009.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other FedEx news, Chairman Frederick W. Smith sold 113,400 shares of the stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of $274.30, for a total transaction of $31,105,620.00. Following the completion of the transaction, the chairman now owns 14,505,844 shares of the company’s stock, valued at $3,978,953,009.20. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Tracy B. Brightman sold 2,550 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $275.69, for a total transaction of $703,009.50. Following the completion of the sale, the executive vice president now directly owns 6,294 shares in the company, valued at $1,735,192.86. The disclosure for this sale can be found here. Insiders sold 136,668 shares of company stock worth $37,758,773 in the last 90 days. Insiders own 8.73% of the company’s stock. Analyst Upgrades and Downgrades FDX has been the topic of a number of recent analyst reports. Morgan Stanley upped their price target on FedEx from $195.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Friday, March 22nd. The Goldman Sachs Group boosted their price target on FedEx from $291.00 to $324.00 and gave the stock a “buy” rating in a research note on Friday, March 22nd. Bank of America decreased their price objective on shares of FedEx from $346.00 to $340.00 and set a “buy” rating for the company in a research report on Tuesday, April 2nd. BMO Capital Markets boosted their target price on shares of FedEx from $290.00 to $310.00 and gave the stock a “market perform” rating in a research report on Friday, March 22nd. Finally, Evercore ISI lifted their price objective on shares of FedEx from $327.00 to $351.00 and gave the stock an “outperform” rating in a research note on Friday, March 22nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and eighteen have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $301.33. Check Out Our Latest Stock Report on FedEx About FedEx (Free Report) FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.
- 05/20/2024
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FedEx Awards More Than $230,000 to 10 Small Businesses
- MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) unveiled the recipients of the 12th annual FedEx Small Business Grants Program. Ten U.S.-based businesses were chosen this year out of over 3,900 applications. Grand Prize Recipient: $50,000 Bombi (Greenville, RI) Nine Additional Recipients: $20,000 each Better Boba (Portland, OR) Bundle x Joy (Phoenix, AZ) Erie Cotton (Erie, PA) Jasper Yeast (Sterling, VA) Locsanity (Coral Springs, FL) Madhu Chocolate (Austin, TX) Marky Sparky Toys (Vist.
- 05/16/2024
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Why FedEx (FDX) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 05/16/2024
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FedEx Corporation (FDX) Presents at BofA Securities 31st Annual Transportation, Airlines, and Industrials Conference (Transcript)
- FedEx Corporation (NYSE:FDX ) BofA Securities 31st Annual Transportation, Airlines, and Industrials Conference March 6, 2023 5:30 PM ET Company Participants Jenifer Hollander - Vice President, Investor Relations John Dietrich - EVP and CFO Stephen Hughes - Staff Director, Investor Relations Conference Call Participants Ken Hoexter - Bank of America Merrill Lynch Ken Hoexter All right. Great. Everybody, thanks for joining us.
- 05/13/2024
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The 3 Best Transportation Stocks to Buy in May 2024
- The best transportation stocks to buy may help value investors get back on the high road, even if there are a few road bumps and potholes. Undoubtedly, it's tough for those who appreciate simple, easy-to-understand businesses to top some of the firms helping America move things from A to B and back.
- 05/10/2024
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New storms pummel the U.S. South as a week of deadly weather marches on
- A wave of dangerous storms began washing over parts of the U.S. South early Thursday, a day after severe weather with damaging tornadoes and large hail killed at least three people in the region.
- 05/09/2024
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FedEx Airlines, Boeing-made plane forced to land in Istanbul without front wheels
- A FedEx Airlines cargo plane was forced to land on a runway at the Istanbul Airport in Turkey on Wednesday after experiencing an issue with its front landing gear.
- 05/08/2024
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Severe storms batter Midwest, tornado shreds a FedEx facility
- Severe storms barreled through the Midwest early Wednesday, a day after two reported tornadoes struck one Michigan city and destroyed homes and commercial buildings, including a FedEx facility.
- 05/08/2024
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FedEx (FDX) Stock Declines While Market Improves: Some Information for Investors
- FedEx (FDX) closed the most recent trading day at $259.47, moving -0.32% from the previous trading session.
- 05/07/2024
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Why FedEx (FDX) Dipped More Than Broader Market Today
- In the closing of the recent trading day, FedEx (FDX) stood at $260.73, denoting a -0.4% change from the preceding trading day.
- 05/01/2024
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Stock Market Crash Alert: 3 Must-Buy Transportation Stocks When Prices Plunge
- While it's not the most encouraging topic, should a severe market correction occur, forward-thinking contrarians may want to consider transportation stocks to buy. Yes, it's a boring sector but there's a method to the madness.
- 04/30/2024
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Tractor-trailers with no one aboard? The future is near for self-driving trucks on US roads.
- On a three-lane test track along the Monongahela River, an 18-wheel tractor-trailer rounded a curve. No one was on board.
- 04/29/2024
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Focus: UPS, FedEx transition to electric vans slowed by battery shortages, low supply
- UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country's climate-warming tailpipe emissions.
- 04/25/2024
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These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 04/24/2024
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FedEx: Why This Dividend Growth Stock Remains A Buy Now
- Since I initiated a buy rating on FedEx, the stock has slightly outperformed the market. The transportation juggernaut's topline missed the analyst consensus in its fiscal third quarter while non-GAAP EPS topped expectations. FedEx's interest coverage ratio through the first three quarters of fiscal year 2024 suggests it is financially healthy.
- 04/24/2024
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FedEx: Cost Cuts Paying Off, Big EPS Growth Expected
- Transportation stocks have been losing steam, but FedEx has bucked the trend and is a compelling buy following a strong Q3 report in March. FedEx is focused on reducing its costs and has impressive EPS growth forecasts from the sell-side. I see the transport stock as a buy on valuation while its technical situation has improved.
- 04/23/2024
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UPS and FedEx are desperate for volumes, says Conor Cunningham
- Conor Cunningham, Director at Melius Research, discusses earnings from UPS.
- 04/23/2024
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ProShip Earns Third FedEx Compatible Solution of the Year Award and Tenth Diamond Status
- BROOKFIELD, Wis.--(BUSINESS WIRE)--Each year, FedEx recognizes outstanding solutions that contribute significantly to the success of the FedEx ecosystem and customer base. The top solutions can earn either Diamond, Platinum, or Community status based on their contributions and performance. Additionally, one exceptional solution is awarded the coveted Solution of the Year (SOTY) designation demonstrating a deep commitment to collaborating with FedEx. FedEx is proud to announce ProShip multi-carr.
- 04/22/2024
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The Magnificent Seven have gotten less magnificent ahead of earnings. This one could have the most explaining to do.
- The so-called Magnificent Seven — Apple Inc., Nvidia Corp., Microsoft Corp., Tesla Inc. Google parent Alphabet Inc., Amazon.com, Meta Platforms Inc., the parent of Facebook and Instagram — have done the heavy lifting for the U.S. stock market since last year's massive artificial intelligence stock-buying bender.
- 04/21/2024
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3 Dividend Stocks to Buy Now: Q2 Edition
- Buying dividend stocks can help you generate steady cash flow. You won't have to sell shares to cover your living expenses if you continue to make frequent contributions to your portfolio.
- 04/21/2024
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The Ultimate Real Estate Stock to Buy With $1,000 Right Now
- Prologis is the largest REIT in the world, with over $200 billion in assets under management. Thanks to interest rate headwinds and geopolitical uncertainty, the stock has been beaten down recently.
- 04/21/2024
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The Smartest Dividend Stocks to Buy With $400 Right Now
- Realty Income's stock price is down, but it has a resilient business model that continues to perform well despite the high-interest-rate environment. Starbucks is reinventing itself and still has massive growth plans.
- 04/20/2024
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These are the Top 4 Stocks for Buybacks in 2024
- Stock buybacks, also called stock repurchases, are important drivers of shareholder value, which is one of the reasons why Marketbeat tracks the data. As the name suggests, a buyback is when a company buys back its own shares from the market.
- 04/18/2024
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7 Buyback Kings to Buy as Corporate Cash Floods the Market
- With corporate profits at record highs, many companies are returning much of that cash to investors through share repurchase programs. You can profit from this trend by entering long-term positions in buyback stocks.
- 04/16/2024
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Here's Why FedEx (FDX) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 04/12/2024
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Wall Street Favorites: 3 Transportation Stocks With Strong Buy Ratings for April 2024
- It's a great time to be looking at transportation stocks to buy. Thanks to the reshoring boom, multinational companies are looking to relocate much of their supply chains and manufacturing capacity back to the United States and the North American free trade zone.
- 04/12/2024
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4 Sector ETFs & Stocks to Benefit From Hot Inflation
- U.S. inflation jumped in March, surpassing expectations primarily due to higher petrol and shelter costs, dashing hopes of a June interest rate cut by the Fed.
- 04/11/2024
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FedEx Corporation (FDX) Is a Trending Stock: Facts to Know Before Betting on It
- FedEx (FDX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 04/10/2024
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3 Stocks Soaring on Bullish Analyst Calls: Is It Time to Buy?
- It's hard to believe we're already a quarter of the way through 2024. So far, it's been a solid year for equities, but the first week in April was the worst performance since October 2023.
- 04/08/2024
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5 Top Wall Street Blue Chip Stocks Are Likely Raising Their Dividends This Week
- Essential Tips for Investing: Sponsored A financial advisor can help you understand the advantages and disadvantages of investment properties.
- 04/08/2024
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Why FedEx Stock Delivered for Investors in March
- FedEx easily beat earnings expectations in its most recent quarter thanks to cost cutting. The company faces macro headwinds, but is performing well.
- 04/05/2024
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Investors Heavily Search FedEx Corporation (FDX): Here is What You Need to Know
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 04/05/2024
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The 3 Best Transportation Stocks to Buy in April 2024
- It's a risky idea but targeting the best transportation stocks to buy in April could be a lucrative approach. That's because companies tied to the underlying industry is where the economic rubber meets the road.
- 04/04/2024
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FedEx (FDX) Stock Down in Yesterday's Trading: Here's Why
- The non-renewal of the contract brings an end to USPS' more than two-decade long relationship with FedEx (FDX).
- 04/02/2024
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UPS to replace FedEx as US Postal Service's primary air cargo provider
- The US Postal Service (USPS) has selected the United Parcel Service Inc (NYSE:UPS) as its primary partner for transporting cargo by air to replace FedEx Corp (NYSE:FDX, ETR:FDX), which has carried out this role for more than 20 years. The USPS and FedEx had been negotiating an extension to their current contract, which expires in late September, but were unable to reach an agreement, FedEx said in a regulatory filing.
- 04/01/2024
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FedEx Stock Dips After USPS Breaks Ties
- FedEx Corp (NYSE:FDX) stock is slipping today, after the U.S. Postal Service officially opted to replace FedEx with rival United Parcel Service (UPS) as its primary air cargo carrier.
- 04/01/2024
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UPS Replaces FedEx as USPS' Primary Air Cargo Provider
- United Parcel Service (UPS) announced Monday it is becoming the primary air cargo provider of the United States Postal Service (USPS), replacing FedEx (FDX) in the position.
- 04/01/2024
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UPS in, FedEx out as the primary air cargo provider for U.S. Mail
- United Parcel Service Inc (NYSE: UPS) is in the green this morning after the United States Postal Service said the multinational will become its primary air cargo provider. FedEx is parting ways with USPS U.S. Mail has so far been working with FedEx Corp (NYSE: FDX) on air cargo.
- 04/01/2024
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Here's Why You Should Retain FedEx (FDX) in Your Portfolio
- FedEx's (FDX) efforts to reward shareholders and cost-cutting initiatives amid weak demand are commendable. However, volume-related challenges in the FedEx Express segment are concerning.
- 04/01/2024
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FedEx's stock dips after parcel-delivery company says its USPS contract will expire in September
- FedEx Corp.'s stock fell more than 2% early Monday, after the parcel-delivery company said its contract with the U.S. Postal Service, USPS, will expire on Sept. 29, after the two entities failed to agree to terms to extend it.
- 04/01/2024
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3 Companies Buying Back Stock Before New Highs
- Investors have a few ways to get their money back once they invest in a stock. The most common way to collect returns is simply to sell a stock – hopefully – at a higher price.
- 04/01/2024
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Amazon, FedEx & others face disruption after Baltimore bridge collapse
- Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ), FedEx Corp (NYSE:FDX, ETR:FDX), Under Armour and several other companies are expected to suffer disruption after a vital commuter bridge in Baltimore collapsed on Tuesday morning. Distribution warehouses and other facilities based at an industrial park at the north end of the Francis Scott Key Bridge are facing severe disruption, with regional traffic also gridlocked.
- 03/26/2024
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3 Stocks to Buy for the Next Bull Run: March 2024
- As we approach the end of the year's first quarter, the stock market has enjoyed a strong run. Three months into 2024 and the benchmark S&P 500 index is already up 10%.
- 03/26/2024
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ETFs to Gain on FedEx Fiscal Q3 Earnings Beat
- Following the strong Q3 results, FDX shares jumped 13% in after-market trade on elevated volume on mar 21.
- 03/25/2024
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Here is What to Know Beyond Why FedEx Corporation (FDX) is a Trending Stock
- FedEx (FDX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 03/25/2024
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4 Overbought Household Names, Time for a Pullback?
- Amidst the ongoing surge led by the semiconductor sector, the Artificial Intelligence revolution, and Nvidia Corp. NASDAQ: NVDA, which is steering the S&P 500 to new heights, several overbought scenarios have developed in individual stocks. These scenarios may have sparked investor concerns over potential overvaluations, resulting in pullbacks and corrections in select stocks.
- 03/25/2024
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Should You Pick FedEx Stock At $300 After Q3 Earnings Beat?
- FedEx stock (NYSE: FDX) recently reported its Q3'24 results (fiscal ends in May), with revenue falling short and earnings exceeding our expectations. The company reported revenue of $21.7 billion and adjusted earnings of $3.86 per share, compared to our estimates of $22.0 billion, and $3.58, respectively.
- 03/25/2024
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The Score: Reddit, Apple, FedEx and More Stocks That Defined the Week
- Here are some of the major companies whose stocks moved on the week's news.
- 03/22/2024
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FedEx (FDX) Q3 Earnings Surpass Estimates, Revenues Lag
- FedEx's (FDX) third-quarter fiscal 2024 earnings improve year over year while revenues decline.
- 03/22/2024
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Why FedEx Stock Is in the Fast Lane Today
- FedEx topped earnings estimates despite weaker-than-expected revenue, a sign that its cost-cutting campaign is showing results. The company expects to trim annual expenses by $4 billion by fiscal 2026.
- 03/22/2024
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FedEx Plans $5 Billion Buyback, Shares Surge
- FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts help boost profits, sending the courier's stock soaring. Simone Foxman reports.
- 03/22/2024
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FedEx stock jumps on earnings beat: Here's what to know
- Brandon Oglenski, Barclays senior airlines and transportation analyst, joins 'Squawk Box' to break down FedEx's quarterly earnings results, which beat quarterly earnings expectations in Q3 but fell short on revenue estimates.
- 03/22/2024
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FedEx Stock Jumps After Earnings Beat. The Economy Still Isn't Helping.
- Investors got another quarter of success in controlling costs amid falling sales.
- 03/22/2024
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Mixed After-Market Results from Late Earnings: NKE, FDX, LULU
- Overall, the U.S. economy is clicking and the market is not missing out.
- 03/21/2024
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FedEx (FDX) Reports Q3 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for FedEx (FDX) give a sense of how its business performed in the quarter ended February 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 03/21/2024
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Can FedEx's Commerce Platform Challenge Amazon?
- What's better than a delivery fleet spanning hundreds of aircraft, tens of thousands of vehicles and hundreds of service centers? It depends on who you ask, but FedEx — which boasts the operational footprint just described — seems to think it might be the creation of an end-to-end commerce platform that helps businesses optimize their
- 03/21/2024
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FedEx (FDX) Tops Q3 Earnings Estimates
- FedEx (FDX) came out with quarterly earnings of $3.86 per share, beating the Zacks Consensus Estimate of $3.49 per share. This compares to earnings of $3.41 per share a year ago.
- 03/21/2024
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FedEx stock surges on 3Q profit beat; $5M share buyback
- FedEx Corp (NYSE:FDX, ETR:FDX) stock surged more than 10% after Thursday's closing bell as the parcel delivery company's fiscal third quarter profits topped estimates. For the quarter ended February 29, 2024, FedEx posted adjusted diluted earnings per share of $3.86, up from $3.41 in the year-ago quarter and ahead of estimates of $3.49.
- 03/21/2024
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FedEx's stock jumps 10% after logistics company raises guidance, trims spending
- FedEx Corp.'s stock rallied more than 10% in the after-hours session on Thursday after the logistics company raised its 2024 guidance and said it would continue to cut costs and trim its spending for the year.
- 03/21/2024
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Three-Stock Lunch: Darden Restaurants, Micron & FedEx
- Aadil Zaman, Wall Street Alliance Group partner, joins 'Closing Bell' to discuss three stock plays for Darden Restaurants, Micron and FedEx.
- 03/21/2024
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FedEx Expected To Report Slight Revenue Decline With 2024 Guidance At Risk
- Analysts expect a FedEx earnings miss even as the global shipping outlook appears more positive.
- 03/21/2024
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Central Bank Decisions, Nike & FedEx Earnings | What We're Watching
- What we're watching for tomorrow Central Bank Decisions, Nike & FedEx Earnings.
- 03/20/2024
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What To Expect From FedEx's Q3 After 20% Gains In A Year?
- FedEx (NYSE: FDX) is scheduled to report its fiscal Q3 2024 results on Thursday, March 21. We expect it to post revenue in line and earnings above the street expectations.
- 03/20/2024
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FedEx Stock Has Analysts Upgrading in Bulk, a Sudden Discount
- Wall Street analysts tend not to take unnecessary risks when rating and valuing stocks. If they become overly bearish or bullish, and their predictions turn out wrong, that's a bonus they won't be getting, and they even risk losing their jobs.
- 03/19/2024
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Amazon, FedEx in Talks to Enhance Return Process for Online Shoppers
- For years, the working relationship between Amazon and FedEx has been a little unpredictable. Once, the two corporate behemoths enjoyed a symbiotic partnership, but in 2019, they drifted apart, eventually cutting ties altogether in what one Amazon executive labeled a “conscious uncoupling at its finest.
- 03/18/2024
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FedEx sees third quarter estimates cut on poor weather
- FedEx Corp (NYSE:FDX, ETR:FDX) is likely to have faced pressure from poor weather over the third quarter, UBS analysts have warned, prompting a cut to forecasts. Ahead of the international shipping firm's update on Thursday, UBS said in a note that its delivery wing would likely now only break even, rather than enjoying a 0.5% margin as previously expected.
- 03/18/2024
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Amazon, FedEx reportedly weighed teaming up on returns last year
- Amazon and FedEx reportedly weighed teaming up on returns last year. FedEx previously had a business relationship with Amazon.
- 03/18/2024
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Calls of the Day: Netflix, Fedex, Darden and Vertiv
- The Investment Committee debate how to trade the latest calls of the day.
- 03/18/2024
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FedEx and Amazon Explored Partnership in eCommerce Returns Last Year
- FedEx and Amazon reportedly engaged in discussions last year about a potential partnership to handle the increasing volume of eCommerce returns. Although no deal was reached, the talks underscore the shifting dynamics in the parcel delivery industry, The Wall Street Journal (WSJ) reported Monday (March 18).
- 03/18/2024
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Wall Street Awaits FOMC Report
- Pre-market futures are into the green (a day after St. Patrick's Day) considerably at this hour, following a week of trading that was rather atypically erratic — at or near all-time highs one day, down to multi-week lows another, finishing down to the second-worst trading week of the year. Currently, the Dow is +98 points, the S&P 500 is +43 and the Nasdaq +226 points.
- 03/18/2024
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Gear Up for FedEx (FDX) Q3 Earnings: Wall Street Estimates for Key Metrics
- Beyond analysts' top -and-bottom-line estimates for FedEx (FDX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended February 2024.
- 03/18/2024
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Up 30% In A Year, Is FedEx Stock A Better Pick Over UPS?
- Given its better prospects, we believe UPS stock (NYSE: UPS) is a better pick than its peer — FedEx stock (NYSE: FDX). UPS trades at a higher valuation multiple of 1.4x revenues vs.
- 03/18/2024
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Nike, FedEx, Micron Technology, Housing Data, the Fed and Interest Rates, and More to Watch This Week
- The FOMC is expected to hold interest rates steady, but the Bank of Japan may hike. Plus, earnings reports from Micron Technology, FedEx, and Nike.
- 03/17/2024
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Here's why you should watch these 3 stocks this week
- By the close of markets on March 15, the general stock market ended the day on a downturn, marking a second consecutive week of losses, with major indices experiencing declines. These losses have coincided with a higher-than-expected inflation rate, causing concern among investors.
- 03/17/2024
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What You Need To Know Ahead of FedEx's Earnings Report Thursday
- FedEx (FDX) is set to report third-quarter earnings for its 2024 fiscal year after the bell on Thursday following a tough stretch for the package delivery giant amid weakened demand.
- 03/15/2024
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FedEx (FDX) Falls More Steeply Than Broader Market: What Investors Need to Know
- The latest trading day saw FedEx (FDX) settling at $253.29, representing a -0.88% change from its previous close.
- 03/15/2024
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FedEx (FDX) to Report Q3 Earnings: What's in the Offing?
- FedEx's (FDX) fiscal third-quarter performance is likely to have been dented by lackluster shipping demand.
- 03/14/2024
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FedEx (FDX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- FedEx (FDX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 03/14/2024
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Here's Why Investors Should Give FedEx (FDX) a Miss Now
- Weakness in FedEx's (FDX) Express segment, owing to volume-related woes, is concerning.
- 03/13/2024
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Here's Why FedEx (FDX) Gained But Lagged the Market Today
- FedEx (FDX) closed the most recent trading day at $254.22, moving +0.6% from the previous trading session.
- 03/12/2024
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FedEx Reports After The Close On 3/21 - Options Expire The Next Day
- According to NextEarningsDate.com, the FedEx next earnings date is projected to be 3/21 after the close, with earnings estimates of $3.54/share on $22.08 Billion of revenue. Looking back, the recent FedEx earnings history looks like this:
- 03/12/2024
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AAPL, FDX, CI: Stocks to Watch
- Recent downtrends haven't dimmed out outlook on the stock, notes Aquiles Larrea on Apple (AAPL). Apple, FedEx (FDX), and Cigna (CI) are today's big three stocks.
- 03/12/2024
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Brokers Suggest Investing in FedEx (FDX): Read This Before Placing a Bet
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 03/12/2024
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Insider trade alert: AI stock surges 330% in 3 days
- Government contracts can be a significant catalyst for a company, providing resources and connections that propel it to new heights. Airship AI (NASDAQ: AISP) is a prime example of the lucrative opportunities for government-related businesses.
- 03/07/2024
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The Top 7 Transportation Stocks to Buy in March 2024
- There are some top transportation stocks to buy for March this year. Despite the allure of sexy stocks like Nvidia (NASDAQ: NVDA ) or Palantir (NYSE: PLTR ) taking up much of the air time in the financial media, these companies are solid options that have recently entered into buying zones.
- 03/07/2024
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Is Trending Stock FedEx Corporation (FDX) a Buy Now?
- Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 03/06/2024
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FedEx (FDX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- The latest trading day saw FedEx (FDX) settling at $241.12, representing a -0.96% change from its previous close.
- 02/26/2024
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Top Wall Street Bank Loves 5 Dividend Stocks for 2024
- In addition, the company offers: Mud logging, Directional drilling Measurement-while-drilling, and logging-while-drilling services Engineering support services Supplies drilling fluid systems; Designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies Well cementing products and services Well planning and drilling Engineering, supervision, logistics, procurement Contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services.
- 02/24/2024
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Is It Worth Investing in FedEx (FDX) Based on Wall Street's Bullish Views?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 02/23/2024
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Is Most-Watched Stock FedEx Corporation (FDX) Worth Betting on Now?
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 02/22/2024
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FedEx (FDX) Advances While Market Declines: Some Information for Investors
- FedEx (FDX) concluded the recent trading session at $239.54, signifying a +0.82% move from its prior day's close.
- 02/20/2024
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Daily Dividend Report: Humana, Fedex, Honeywell, Coca-Cola, Abbott
- Humana announced today that its Board of Directors has declared a cash dividend to stockholders of $0.885 per share payable on April 26, 2024 to stockholders of record as of the close of business on March 29, 2024.
- 02/16/2024
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Calls of the Day: Blackstone, FedEx and CrowdStrike
- The “Halftime Report” Investment Committee debate the biggest analyst calls of the day, including Josh Brown's take on CrowdStrike as it clocks a new record high.
- 02/15/2024
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4 Sector ETFs & Stocks to Benefit from Hot Inflation
- In January, U.S. inflation topped expectations as persistently high shelter prices weighed heavily on consumers, according to a report released by the Labor Department on Tuesday.
- 02/15/2024
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FedEx Founder Fred Smith: U.S. record debt ‘unsustainable'
- FedEx founder Fred Smith tells FOX News' "Special Report" the U.S. national debt is "unsustainable," adding to growing list of business leaders sounding the alarm
- 02/15/2024
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FedEx (FDX) Increases Yet Falls Behind Market: What Investors Need to Know
- In the most recent trading session, FedEx (FDX) closed at $236.83, indicating a +0.19% shift from the previous trading day.
- 02/14/2024
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How I Would Invest $1,000,000 And Live Of Dividends Forever
- Reaching retirement and having enough capital to build a dividend money machine are dreams shared by many. With life expectancy on the rise, high yield alone is no longer sufficient; we need to plan for both capital appreciation and dividend growth.
- 02/10/2024
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Billionaire David Tepper Has Invested 38% of His Portfolio in These 5 Dividend Stocks
- Several of Tepper's top holdings pay dividends. Most of them are tech stocks with low dividend yields.
- 02/10/2024
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FedEx Corporation (FDX) is Attracting Investor Attention: Here is What You Should Know
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 02/09/2024
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2 Incredible Dividend Growers to Buy Hand Over Fist in February
- Dividend growth stocks have a superb track record of delivering strong returns over long periods. FedEx, a leading logistics company, is going through a down period businesswise, but its dividend program is on solid ground.
- 02/06/2024
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FedEx's eCommerce Battle Hinges on ShopRunner and a ‘Critical Mass' of Retailers
- More than 80 years ago, Winston Churchill said war would be waged on multiple fronts: the beaches, the fields, the streets and in the air. In today's digital age, the battle for eCommerce is waged, similarly, across several areas of engagement — the online search, the checkout, the fulfillment.
- 01/31/2024
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Are Transportation Stocks Becoming More Shareholder Friendly?
- Transportation stocks like GATX, CNI, FDX, TRN, JBHT, LSTR and AL are well-served by their shareholder-friendly nature.
- 01/31/2024
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FedEx Is Still A Buy After A Great 2023
- FedEx has experienced impressive sales growth and EPS growth, driven mostly by organic expansion. The company has a history of consistent dividend payments and share buybacks, indicating financial stability and commitment to shareholders. FedEx has significant growth opportunities and a decent valuation that make it a BUY.
- 01/29/2024
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Why FedEx (FDX) Dipped More Than Broader Market Today
- In the closing of the recent trading day, FedEx (FDX) stood at $251.55, denoting a -0.62% change from the preceding trading day.
- 01/26/2024
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FedEx Corporation (FDX) Is a Trending Stock: Facts to Know Before Betting on It
- FedEx (FDX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/25/2024
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3 Stocks to Buy for a Strong Start to 2024
- After a sluggish New Year start, the stock market is again rallying. The benchmark S&P 500 and Nasdaq 100 each hit new all-time highs on Jan. 19.
- 01/22/2024
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US Postal Service's Deep Trouble
- The US Postal Service will raise the price of a First Class stamp from $.66 to $.68 this week.
- 01/20/2024
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Chart Master: It's time to sell FedEx and UPS
- Carter Worth, Worth Charting, joins 'Fast Money' to explain why he sees trouble ahead for transports.
- 01/16/2024
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3 Large-Cap Stocks Seeing Insider Activity
- Investors closely monitor insider buys.
- 01/15/2024
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FedEx to Launch eCommerce Platform in Fall
- FedEx will roll out an eCommerce platform in the fall. The new fdx platform will help eCommerce merchants optimize demand, conversion, fulfillment, carbon footprint, visibility, post-purchase and returns, the logistics company said in a Sunday (Jan. 14) press release.
- 01/15/2024
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FedEx Corporation (FDX) is Attracting Investor Attention: Here is What You Should Know
- FedEx (FDX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/12/2024
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Maritime Moneymakers: 3 Shipping Stocks to Ride the Trade Wave
- Shipping companies enable the transport of raw materials and finished products across oceans and borders. The global marine vessel industry is set to expand over the coming years to reach a market value of $188.57 billion by 2028.
- 01/09/2024
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Fallout from Red Sea attacks could boost this sector's margins, says T.D. Cowen
- The disruption caused by the Houthi attacks on Red Sea cargo ships could benefit the margins of freight-forwarding companies, says T.D. Cowen.
- 01/08/2024
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Is UPS the Best Dividend Stock for You?
- The company is facing near-term headwinds and enters 2024 with weak end markets. Lower interest rates later in the year will improve its end-market prospects.
- 01/07/2024
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Insiders Are Buying These 3 Stocks
- Investors typically get a confidence boost upon seeing an insider swoop in for a buy.
- 01/04/2024
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We expect an uptick in e-commerce returns this year, says FedEx's Ryan Kelly
- Ryan Kelly, VP of Commercialization at FedEx, discusses the holiday shopping season and expectations for the rate of returns.
- 01/04/2024
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7 Most Undervalued Stocks to Buy Now
- The start of a New Year is a good time to scrutinize a portfolio and make some adjustments including adding undervalued stocks. Stocks that enjoyed big runs last year may cool off, requiring investors to search out securities they can buy low in hopes of eventually selling at a higher price.
- 01/03/2024
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Here's Why You Should Hold FedEx (FDX) Stock in Your Portfolio
- FedEx's (FDX) efforts to reward its shareholders through dividends and buybacks look impressive. However, shipping volume-related weakness is concerning.
- 01/03/2024
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3 Industrial Stocks To Watch In January 2024
- Industrial stocks for your January 2024 watchlist.
- 01/02/2024
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2 Air-Freight & Cargo Stocks to Watch in a Challenging Industry
- The Zacks Industry Rank for the Transportation-Air Freight and Cargo industry paints a sorry picture. Braving these headwinds are UPS and FDX, which investors might consider keeping on their radar.
- 01/02/2024
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AI and Automation Leaders for 2024: 7 Stocks to Stay Ahead of the Robot Uprising
- It's time for investors to ditch the search for the mythical crystal ball and instead embrace the algorithms when deciphering the best AI stock for your needs. As hyperbolic as it may sound, the future is here, with progress in artificial intelligence occurring at a rapid clip.
- 12/30/2023
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From FedEx to airlines, companies are starting to lose their pricing power
- CNBC's Leslie Josephs and DCLA's Sarat Sethi, join 'Power Lunch' to discuss companies losing their pricing power in 2023.
- 12/29/2023
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From FedEx to airlines, companies are starting to lose their pricing power
- Faced with weakening demand, price-sensitive consumers and easing inflation, some sectors are now forced to grow profits without the tailwind of price hikes.
- 12/29/2023
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Piper Sandler bearish on FedEx
- Bryn Talkington, managing partner at Requisite Capital Management, joins CNBC's 'Halftime Report' to discuss what she's watching and more.
- 12/28/2023
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‘My sunny outlook doesn't come without some risks.' How stock investors and traders can weather 2024
- Lately I have been focused on equity hedge-fund performance and the necessity of hedge-fund managers to preserve and enhance returns ahead of their Dec. 31 incentive fee calculation dates. Funds that haven't yet closed their books are on a “beta chase” in order to preserve performance bonuses.
- 12/27/2023
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FedEx (FDX) Rewards Shareholders With Share Repurchase
- FedEx's (FDX) shareholder-friendly initiatives are expected to boost investors' confidence and positively impact the company's bottom line.
- 12/27/2023
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Logistics Leaders: 3 Stocks Streamlining Supply Chains
- Stocks structured around logistics and supply chain management play an essential role in our day-to-day lives. From the food we eat to the clothes we buy and everything in between.
- 12/27/2023
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FedEx's stock rises after $1 billion accelerated buyback program announced
- Shares of FedEx Corp. FDX climbed 0.5% in premarket trading Tuesday, after the package-delivery company announced a $1 billion accelerated share repurchase program. The ASR agreement represents about 1.6% of FedEx's market capitalization of $61.98 billion as of Friday's close.
- 12/26/2023
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FedEx Stock Falls 11%: What's Next?
- FedEx misses estimates on both the top and bottom lines, marking the seventh consecutive revenue miss. Revenues declined 2.8% due to challenges in volume and pricing. Despite challenges, FedEx achieved higher operating income and positive impact from cost reduction program.
- 12/22/2023
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7 Unusual Options Activity Stocks That You Need to Pay Attention To
- One of the beautiful aspects of the derivatives market is that you don't need to trade options to benefit from the underlying data; case in point is unusual options activity. Just like it sounds, this term represents options contracts that have seen aberrant spikes in volume relative to a benchmark metric, such as trailing one-month average volume.
- 12/21/2023
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5 Best-Performing Dividend ETFs of 2023
- Although the dividend ETFs lagged in 2023, a few funds topped the S&P 500.
- 12/21/2023
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Why Are Stocks Down Today?
- It appears Wall Street's rate-cut rally is starting to lose momentum as the S&P 500 heads for its first decline in 10 trading sessions. Why are stocks down today?
- 12/20/2023
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S&P 500 Gains and Losses: FedEx, General Mills See Slumping Demand
- The rally in U.S. equities that saw the S&P 500 rise eight of the last nine sessions came to an end as a selloff that began early in the afternoon accelerated late in the session. The S&P 500 lost 1.5% Wednesday.
- 12/20/2023
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FedEx (FDX) Lags Q2 Earnings & Revenue Estimates, Updates View
- FedEx's (FDX) second-quarter fiscal 2024 earnings improve year over year while revenues decline.
- 12/20/2023
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FedEx is the S&P 500's worst performer today. Here's where analysts say it's running into problems despite efforts to cut billions in costs.
- FedEx Corp. was the S&P 500's worst performer on Wednesday, after the package deliverer a day earlier trimmed its sales forecast and reported weaker-than-expected quarterly results.
- 12/20/2023
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FedEx Falls on Disappointing Fiscal Q2 Earnings: ETFs in Focus
- FedEx (FDX) missed both earnings and revenue estimates for fiscal 2024 and cut the revenue guidance for the fiscal year on an expected drop in demand from the U.S. Postal Service.
- 12/20/2023
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Why FedEx Stock Is Plunging Today
- FedEx reported higher operating income and margin growth in its most recent quarter, but results fell short of expectations. The company also tempered full-year revenue guidance.
- 12/20/2023
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FedEx Plunges After Its Latest Earnings Report—Here's Why
- FedEx (FDX) was the worst-performing stock in the S&P 500 Wednesday morning, with shares plunging over 10% after the delivery firm posted worse-than-expected results and cut its guidance on weaker demand.
- 12/20/2023
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Buying FedEx weakness today will result in better earnings over next 1-2 years: Citi's Wetherbee
- Christian Wetherbee, Citigroup head of global transportation, joins 'Squawk on the Street' to discuss Wetherbee's $300 price target for FedEx, if the company's headwinds are transitory, and how confident Wetherbee is in the company's ability to perform.
- 12/20/2023
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General Mills echoes FedEx with a warning about weaker demand
- General Mills and FedEx both cut their revenue outlook for their fiscal years.
- 12/20/2023
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Buy FedEx's stock on the big dip, analyst says
- Shares of FedEx Corp. have fallen so much on the back of the package delivery giant's earnings miss, that it has created an attractive buying opportunity for investors, one Wall Street analyst said.
- 12/20/2023
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Options Traders Swarm FedEx Stock After Quarterly Miss
- FedEx Corp (NYSE:FDX) reported worse-than-expected second-quarter earnings of $3.99 per share yesterday, as well as a revenue miss.
- 12/20/2023
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FedEx Stock Limps To 2023-Worst 11% Slide—Sending Stocks Toward Worst Day In Weeks
- Shares of FedEx tanked Wednesday after a declining sales forecast delivered during the firm's earnings report disappointed investors, causing red-hot stock indexes to slide as FedEx's results revealed potentially worrisome signs for broader consumer spending habits.
- 12/20/2023
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Levered for success, FedEx sends shockwaves through the market
- FedEx Corporation NYSE: FDX executes well and builds earnings leverage. The bad news is that business continues to weaken, impacting the overall top and bottom-line results and the economic outlook.
- 12/20/2023
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3 Charts For Investors to Watch Wednesday: FedEx, Chewy, Affirm
- Here's our daily look at three charts linked to recent news-driven price moves, with key technical levels to eye.
- 12/20/2023
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All the cost-cutting at FedEx could power strong earnings to the bottom line, says Donald Broughton
- Donald Broughton, Broughton Capital managing partner, joins 'Squawk Box' to discuss FedEx's quarterly earnings results, which fell short of estimates in its fiscal second quarter and lowered its revenue forecast as weaker demand hit sales, what it says about the broader economy, and more.
- 12/20/2023
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FedEx crashes by 15% after sales warning
- FedEx (NYSE:FDX) Corp tanked 15% in overnight trading as a warning that sales this year would undershoot expectations accompanied by a miss on earnings in its latest quarter. The delivery group now expects a low-single-digit percentage decline in revenue year over year, compared to a previous forecast of flat revenue growth.
- 12/20/2023
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FedEx 2Q Profit Misses on Air-Freight Volume Weakness
- FedEx Corp. reported profit that fell below analyst expectations in the second quarter as cost cuts couldn't make up for volume declines at the air-freight unit. Bloomberg Intelligence's Lee Klaskow has more on Bloomberg Television.
- 12/20/2023
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S&P called lower as FedEx warning dents festive mood
- 7:00am: FedEx (NYSE:FDX) warning dents the upbeat festive spirit Stocks in New York are expected to open lower after a warning from FedEx dented the buoyant end-of-year mood. In pre-market trading, futures for the Dow Jones Industrial Average were down 0.1%, while those for the S&P 500 were 0.2% lower and contracts for the Nasdaq 100 futures declined 0.3%.
- 12/20/2023
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FedEx's stock selloff set to shave more than 170 points off the Dow transports' price
- Shares of FedEx Corp. FDX, -0.68% took a 10.2% dive toward a five-week low in premarket trading Wednesday, after the package delivery giant missed earnings expectations and cut its full-year sales outlook. The stock was headed for the biggest one-day drop since it plunged 21.4% on Sept.
- 12/20/2023
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FedEx Stock Plunges. There Are Reasons to Believe in Its Turnaround Plan.
- FedEx shares are falling after a downbeat revenue outlook. However, Wall Street analysts still see several reasons to back a turnaround plan that has driven the stock sharply higher over the past year.
- 12/20/2023
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FedEx Corporation (FDX) Q2 2024 Earnings Call Transcript
- FedEx Corporation (FDX) Q2 2024 Earnings Call Transcript
- 12/19/2023
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Dow Hits New All-Time High, S&P Within 1%
- A late surge into the close has brought the blue-chip Down to a new all-time high: +251 points, +0.68%, to 37,557 for the first time ever.
- 12/19/2023
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FedEx (FDX) Reports Q2 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for FedEx (FDX) give a sense of how the business performed in the quarter ended November 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 12/19/2023
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FedEx (FDX) Q2 Earnings and Revenues Lag Estimates
- FedEx (FDX) came out with quarterly earnings of $3.99 per share, missing the Zacks Consensus Estimate of $4.14 per share. This compares to earnings of $3.18 per share a year ago.
- 12/19/2023
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FedEx falls short of Q2 earnings estimates
- FedEx (FDX) shares slide lower in the after-hours trading session after the courier missed on second-quarter earnings estimates, falling short on the top and bottom lines. Yahoo Finance's Julie Hyman and Josh Lipton take a closer look at the postal operator's latest earnings figures and weigh in on FedEx's leadership comments on its outlook.
- 12/19/2023
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Express has been FedEx's 'problem child' for awhile, says Melius' Conor Cunningham
- Conor Cunningham, Melius Research Director, joins 'Closing Bell Overtime' to talk FedEx earnings.
- 12/19/2023
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Pro: ‘eCommerce trade is still favourable for FedEx' after Q2 earnings
- FedEx Corp (NYSE: FDX) tanked nearly 10% in extended hours on Tuesday after reporting weaker-than-expected results for its second financial quarter. FedEx stock down on trimmed guidance The stock is being punished also because the package-delivery giant lowered its sales guidance for fiscal 2024 amid fears of subdued demand through the holiday season.
- 12/19/2023
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FedEx shares tumble after weaker demand hits revenue outlook
- It's the second consecutive quarter FedEx has lowered its sales guidance.
- 12/19/2023
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FedEx stock slides as 2Q financial results fall short
- FedEx (NYSE:FDX) Corp shares skidded more than 7% in Tuesday's after-hours session after the company's second quarter 2024 financial results failed to deliver on Wall Street's expectations. FedEx recorded adjusted earnings per share (EPS) for the period of $3.99, falling short of the analyst consensus forecast of $4.19.
- 12/19/2023
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FedEx's stock drops as company trims sales forecast
- Shares of FedEx Corp. dropped in after-hours trading Tuesday after the package-delivery giant trimmed its full-year sales forecast, amid continued concerns about subdued shipping demand through the peak holiday season.
- 12/19/2023
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Earnings Exchange: FedEx, General Mills & Micron
- New Street Advisors CEO Delano Saporu joins 'The Exchange' to discuss FedEx, General Mills, and Micron.
- 12/19/2023
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FedEx's stock climbs toward a more than 2-year high ahead of earnings
- Shares of FedEx Corp. FDX, +0.45% rose 0.4% toward a more-than two-year high in afternoon trading Tuesday, ahead of the package-delivery company's fiscal second-quarter results due out after the closing bell. The company has beat profit expectations the past four quarters, even as it has missed revenue forecasts the past six quarters.
- 12/19/2023
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Earnings Preview: What To Expect From FedEx Today
- FedEx FDX Inc. is scheduled to report earnings after Tuesday's close. The stock hit a record high of $319.90/share in 2021 and is currently trading near $281/share.
- 12/19/2023
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FedEx Earnings Are Coming. Costs Are Paramount.
- FedEx is due to report fiscal-second quarter-earnings Tuesday evening. Wall Street expects higher earnings from the logistics firm on lower revenue from a year ago.
- 12/19/2023
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FedEx is in a sweet spot ahead of earnings, says shareholder Nimrit Kang
- Nimrit Kang, NorthStar Asset Management CIO, lays out her expectations for FedEx's earnings report.
- 12/19/2023
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FedEx earnings preview: What investors are watching the most
- Postal carrier FedEx (FDX) is set to report its fiscal second-quarter earnings on Tuesday, December 19. Yahoo Finance Live observes FedEx's stock Monday morning and what investors are expecting from the courier amid the 2023 holiday season.
- 12/18/2023
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Nike, FedEx, and Carnival Earnings Ahead
- Earnings reports from FedEx, Micron, General Mills, Nike, Carnival, Cintas, and CarMax. Plus, the November core PCE and housing-market data.
- 12/17/2023
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3 stocks with high returns to hold this decade
- Some swear the market is about to go on a tearing rally and stay in a bull market for the foreseeable future; others say that the Federal Reserve is only entertaining rate cuts, preparing to cushion some economic crash soon.
- 12/15/2023
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Stay Ahead of the Game With FedEx (FDX) Q2 Earnings: Wall Street's Insights on Key Metrics
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for FedEx (FDX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended November 2023.
- 12/14/2023
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FedEx (FDX) to Report Q2 Earnings: Is a Beat in the Offing?
- Low operating expenses are likely to have aided FedEx's (FDX) bottom-line performance in Q2.
- 12/13/2023
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FedEx (FDX) Stock Declines While Market Improves: Some Information for Investors
- In the most recent trading session, FedEx (FDX) closed at $271.38, indicating a -0.3% shift from the previous trading day.
- 12/11/2023
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FedEx faces US racketeering lawsuit by former delivery contractor
- A company that FedEx once contracted to deliver packages on the California-Oregon border has sued the shipper, alleging it engages in a systemic pattern of illegal and wrongful business practices that violate U.S. anti-racketeering law.
- 12/08/2023
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My Top 10 High Dividend Yield Companies For December 2023
- High dividend yield companies can provide investors with several benefits, such as the generation of income and the reduction of portfolio volatility. Furthermore, the companies' continuous dividend payments can be an indicator of their financial health, particularly if these dividends are sustainable.
- 12/07/2023
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FedEx sends security alert to contractors amid thefts during busy season
- FedEx Corp. FDX, +0.16% has sent a security warning to contractors, asking them to give priority to the safety of their drivers and to keep an eye on their vehicles, the Wall Street Journal reported late Thursday, citing a document it viewed. The peak season for deliveries “is showing an increase in unlawful activity, putting increasing concern on safety and security,” according to the alert, which also had a list of safety tips to contractors, the Journal said.
- 12/07/2023
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FedEx set to deliver earnings growth for 2Q
- FedEx (NYSE:FDX) is expected to grow its profits but report lower revenues when it delivers its fiscal second quarter 2024 financial results after the closing bell on Tuesday, December 19. Wall Street analysts expect the package delivery company to report earnings per share (EPS) of $4.13, up almost 30% from the year-ago quarter's $3.18.
- 12/07/2023
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Here's Why FedEx (FDX) is a Strong Value Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 12/07/2023
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FedEx Corporation (FDX) is Attracting Investor Attention: Here is What You Should Know
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 12/07/2023
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Analysts shift attention to new market leaders in Q4
- Among the most significant takeaways from the Q3 earnings reporting cycle is that the analysts' attention is shifting. The shift is not so much a sector rotation but a rotation within the tech sector from leaders like Meta Platforms NASDAQ: META, NVIDIA NASDAQ: NVDA and Amazon NASDAQ: AMZN, which topped the list of Most Upgraded Stocks early in the year.
- 12/06/2023
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With 20% Gains In A Month Is Target A Better Pick Over FedEx Stock?
- Given its better prospects, we believe Target stock (NYSE: TGT) is a better pick than FedEx stock (NYSE: FDX).
- 12/05/2023
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FedEx (FDX) Ascends While Market Falls: Some Facts to Note
- The latest trading day saw FedEx (FDX) settling at $265.60, representing a +0.45% change from its previous close.
- 12/04/2023
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UPS Expands in Asia With Hub at Hong Kong International Airport
- The latest deal to open a new hub at the Hong Kong International Airport is part of UPS' ongoing expansion plans in Asia Pacific.
- 12/04/2023
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Will FedEx (FDX) Beat Estimates Again in Its Next Earnings Report?
- FedEx (FDX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 12/04/2023
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2 Shipping Stocks Facing Holiday Headwinds
- You would think that with the holiday season upon us and retail spending ramping up, that December would be time to shine for shipping giants FedEx Corporation (NYSE:FDX) and United Parcel Service Inc (NYSE:UPS).
- 12/01/2023
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5 Dividend Stocks Having Strong Growth Potential
- Cboe Global (CBOE), Cardinal Health (CAH), Assurant (AIZ), Installed Building Products (IBP) and FedEx (FDX) have a strong dividend growth potential.
- 12/01/2023
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Is FedEx (FDX) Stock Outpacing Its Transportation Peers This Year?
- Here is how FedEx (FDX) and Golden Ocean Group (GOGL) have performed compared to their sector so far this year.
- 11/30/2023
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Is FedEx (FDX) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/30/2023
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Here's Why Investors Should Add FedEx (FDX) to Portfolio Now
- Solid liquidity and a cost-saving plan are aiding FedEx (FDX) stock.
- 11/28/2023
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Here's Why FedEx (FDX) Fell More Than Broader Market
- In the closing of the recent trading day, FedEx (FDX) stood at $253.60, denoting a -1.56% change from the preceding trading day.
- 11/27/2023
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Amazon Shares Climb After Salesforce Deal and Report It Surpassed FedEx, UPS in Deliveries
- Amazon (AMZN) shares rose 0.7% on Cyber Monday amid anticipation of a blockbuster day for online shopping and following a report that it surpassed FedEx (FDX) and United Parcel Service (UPS) as the biggest package delivery company in the U.S.
- 11/27/2023
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2024 Is Almost Here. Here Are 3 Stocks to Buy Before the New Year.
- As the year winds down, it's time to consider which stocks to buy to close it out. After all, 2023 is ending on a strong note for stocks with all three major indices rallying.
- 11/27/2023
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The biggest delivery business in the U.S. is no longer UPS or FedEx
- Amazon.com has taken over the largest delivery business in the U.S., surpassing both UPS and FedEx in parcel volumes, postal service remains biggest delivery service.
- 11/27/2023
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UPS and FedEx are no longer the largest delivery companies in the US
- Both UPS and FedEx have been eclipsed as the largest courier companies in the US by Amazon, which delivered more packages to US homes in recent years than both delivery giants.
- 11/27/2023
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FedEx Corporation (FDX) Is a Trending Stock: Facts to Know Before Betting on It
- FedEx (FDX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/23/2023
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In market share battle, FedEx and UPS target retail returns
- As FedEx and United Parcel Service battle for market share in a delivery demand downturn, they are expanding returns services aimed at helping retailers slash the cost of sending back shoes, apparel and other goods.
- 11/22/2023
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FedEx (FDX) Advances While Market Declines: Some Information for Investors
- In the latest trading session, FedEx (FDX) closed at $255.86, marking a +0.13% move from the previous day.
- 11/21/2023
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Here's Why FedEx (FDX) is a Strong Value Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 11/20/2023
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FedEx Chased By Bulls: Buy Rating Fueled By Earnings And Dividend Growth
- FedEx gets Buy Rating, in line with consensus from Wall Street and SA analysts. Fueling the rating are earnings growth, dividend growth, and beating the S&P500 index. Headwinds include weak revenue growth and what seems like an expensive buying price.
- 11/16/2023
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Why FedEx (FDX) Outpaced the Stock Market Today
- In the latest trading session, FedEx (FDX) closed at $257.42, marking a +1.27% move from the previous day.
- 11/15/2023
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5 Top Dividend Growth Stocks for Your Portfolio
- Cboe Global Markets (CBOE), Parker-Hannifin (PH), Microsoft (MSFT), FedEx (FDX) and Cardinal Health (CAH) could be solid choices for your portfolio.
- 11/15/2023
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Is FedEx (FDX) Outperforming Other Transportation Stocks This Year?
- Here is how FedEx (FDX) and Eneti (NETI) have performed compared to their sector so far this year.
- 11/10/2023
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Here's Why FedEx (FDX) Fell More Than Broader Market
- In the most recent trading session, FedEx (FDX) closed at $241.19, indicating a -1.7% shift from the previous trading day.
- 11/09/2023
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Investors Heavily Search FedEx Corporation (FDX): Here is What You Need to Know
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 11/09/2023
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15 stocks with the closest US government connections
- Quiver Quantitative, the pioneering company behind an alternative data platform designed for retail investors, has been actively tracking stock market trades made by US Congress members and other political figures. Some of the trades have been notably controversial, mainly due to their timing or because they violated federal laws.
- 11/09/2023
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American Airlines offers $250K bonuses to poach FedEx and UPS pilots
- American Airlines is on a hiring spree -- and is offering $250K bonuses to poach FedEx and UPS pilots to jump from piloting cargo carriers to working as captains.
- 11/08/2023
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FedEx Nudges Pilots to Airline Jobs Amid Shipping Lull
- With shipping rates down, FedEx is telling its pilots to seek employment elsewhere. More specifically, the freight company is encouraging pilots to look for work flying for a division of American Airlines, Bloomberg reported Monday (Nov. 6).
- 11/06/2023
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FedEx (FDX) Increases Yet Falls Behind Market: What Investors Need to Know
- FedEx (FDX) closed the most recent trading day at $247.25, moving +1.65% from the previous trading session.
- 11/03/2023
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Caterpillar, Honeywell, and Industrial Stocks Are Breaking Down. What's Next.
- The Industrial Select Sector SPDR exchange-traded fund (XLI) has slid on crumbling investor sentiment.
- 10/31/2023
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5 Top Dividend Growth Stocks to Buy Amid Market Volatility
- Griffon (GFF), PACCAR (PCAR), Microsoft (MSFT), FedEx (FDX) and The TJX Companies (TJX) could be solid choices for your portfolio.
- 10/31/2023
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FedEx pilots union picks interim leader after rejecting tentative deal
- The FedEx Master Executive Council, the governing body of the delivery firm's unit in the Air Line Pilots Association (ALPA), said on Monday it had elected a new interim chair after union members rejected a tentative contract with the company in July.
- 10/30/2023
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FedEx (FDX) Ascends While Market Falls: Some Facts to Note
- In the latest trading session, FedEx (FDX) closed at $228.84, marking a +0.4% move from the previous day.
- 10/27/2023
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Here is What to Know Beyond Why FedEx Corporation (FDX) is a Trending Stock
- Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 10/26/2023
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Has FedEx (FDX) Outpaced Other Transportation Stocks This Year?
- Here is how FedEx (FDX) and Ryder (R) have performed compared to their sector so far this year.
- 10/25/2023
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FedEx vs. UPS: What's the Better Buy?
- Earnings season has taken center stage this week, with a wide variety of companies delivering quarterly results. So far, the period has been positive, with many exceeding top and bottom line expectations.
- 10/20/2023
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Why Is FedEx (FDX) Down 7.1% Since Last Earnings Report?
- FedEx (FDX) reported earnings 30 days ago. What's next for the stock?
- 10/20/2023
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Why FedEx (FDX) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 10/19/2023
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FedEx expects to keep most of the business it gained from UPS amid union negotiations: analyst
- FedEx's Corp. executives expect to keep most of the shipping business the company picked up from rival United Parcel Service Inc. during that company's labor negotiations this year, and they also believe FedEx could hold onto thousands of package deliveries following Yellow's bankruptcy filing, according to BofA analysts.
- 10/18/2023
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5 Solid Growth Dividend Stocks to Watch in Q4
- Applied Materials (AMAT), KB Home (KBH), FedEx (FDX), ParkerHannifin (PH) and TJX Companies. (TJX) seem compelling picks for Q4.
- 10/12/2023
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Are Transportation Stocks Lagging FedEx (FDX) This Year?
- Here is how FedEx (FDX) and Ryder (R) have performed compared to their sector so far this year.
- 10/09/2023
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Despite Fast-paced Momentum, FedEx (FDX) Is Still a Bargain Stock
- FedEx (FDX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 10/09/2023
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UPS, FedEx, USPS cut rates ahead of holidays as customers push back
- “Shipping rates and what customers are willing to pay just don't match anymore,” according to Steve Howard, director of World Parcel Alliance.
- 10/06/2023
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UPS and FedEx Offer Discounts Amid Decreased Shipping Volume
- Major players in the parcel delivery industry are reportedly facing a weak holiday shipping season as demand for goods slows down. In response, both UPS and FedEx are offering discounts and cost relief to their customers, The Wall Street Journal (WSJ) reported Friday (Oct. 6).
- 10/06/2023
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The 5 Most Upgraded Stocks For October: AI All the Way
- The list of Most Upgraded Stocks for October, those stocks with the most upgrades in September, is a surprising lot. The list includes five names with one thing in common: AI.
- 10/06/2023
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UBER Launches Customer-Friendly Service for Package Return
- For rendering the package return service, UBER charges a flat fee of $5 or $3 for Uber One subscribers.
- 10/05/2023
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Uber now offering to return packages to FedEx, UPS stores for $5 fee
- Uber said the service will be available in nearly 5,000 US cities to start.
- 10/04/2023
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Is Trending Stock FedEx Corporation (FDX) a Buy Now?
- Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 10/04/2023
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Uber will now pick up your packages and take them to UPS, FedEx or USPS
- Uber is now offering return package shipping through UPS, FedEx or USPS on its Uber and Uber Eats apps.
- 10/04/2023
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3 Reasons FedEx is the Grower and UPS the Slower
- When you're looking to buy a stock to gain exposure to a particular industry, you're frequently choosing between companies with similar business models.
- 10/04/2023
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The inside story of Dave Clark's tumultuous last days at Flexport: Standoffs, politics, and spin
- Flexport founder Ryan Petersen claimed in public that Dave Clark's tenure as CEO featured too much spending, but internal documents tell a different story
- 10/02/2023
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Here's Why FedEx (FDX) is a Strong Value Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 10/02/2023
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FedEx Is Cutting Costs. The Case for Buying the Stock and Its Options.
- Susquehanna analyst Bascome Majors upgraded FedEx stock to Buy from Hold. His target price went to $315 a share from $225.
- 10/02/2023
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Top Wall Street analysts pick these five stocks for compelling returns
- TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Adobe & Salesforce
- 10/01/2023
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Warren Buffett lost a bet on a college-football game. He paid up by shipping a decades-old $5 bill using FedEx.
- Warren Buffett lost a bet with Chevron CEO Mike Wirth on a college-football game this season. The billionaire investor paid up by sending a decades-old $5 bill by FedEx.
- 10/01/2023
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The Q3 Earnings Season Gets Underway
- The Q3 reporting cycle has begun, with results from 16 S&P 500 members out as of September 29th. But the cycle will really pick up steam when the big banks start coming out with their quarterly numbers in mid-October.
- 09/29/2023
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FedEx stock still has another 25% upside – analyst forecasts
- Shares of FedEx Corp (NYSE: FDX) will likely climb further in the coming months even though they have already gained about 50% this year, says an HSBC analyst.
- 09/29/2023
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3 Stocks Gearing Up for an E-Commerce Liftoff
- In line with my previous predictions calling for an e-commerce rebound in the second half of this year, it appears that the e-commerce sector is recovering. In a note to investors in July, investment advisor Bernstein wrote, “with (foreign exchange) headwinds abating and a more durable online consumer, count us in that camp of anticipating further eCommerce recovery.
- 09/29/2023
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Checking In on the Fed, FedEx, and TransMedics
- There's a lot for investors to pay attention to.
- 09/28/2023
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Bull Signal Has Never Failed FedEx Stock
- Shares of shipping giant FedEx Corporation (NYSE:FDX) are lower this afternoon, last seen down 1.1% at $263.40.
- 09/26/2023
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Best Inverse/Leveraged ETFs of Last Week
- Wall Street delivered a downbeat show last week with the S&P 500 and Nasdaq logging worst weeks since March due to rising rate worries.
- 09/26/2023
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7 Stocks to Buy for the Blue-Collar Bull Market
- Labor and industry and flexing their muscles right now in what is being called a worker's market. Autoworkers are on strike.
- 09/25/2023
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FedEx Eyes Buy Point After 54% Rally This Year
- Parcel delivery giant FedEx is IBD Stock Of The Day: FedEx stock rose near buy point while flashing this bullish technical indicator.
- 09/25/2023
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Will FedEx Stock Rebound To Its Pre-Inflation Shock Level Of Over $300?
- FedEx stock (NYSE: FDX) currently trades at $262 per share, 8% below the level seen in March 2021, and it has little room for growth, in our view.
- 09/25/2023
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FedEx's Volume Pressures Point to Spending Shifts and Amazon's Fulfillment Dreams
- Wall Street's focus on FedEx has been trained on cost cutting, and as we profiled here in the immediate wake of earnings, investors have cheered the efforts, pushing the shares higher.
- 09/22/2023
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Analyzing the Fed & Current Earnings Expectations
- We see the seemingly hawkish Fed posture as nothing more than an insurance policy that will come in handy should the recent favorable momentum on the inflation front start stalling.
- 09/22/2023
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3 Dividend-Paying Transportation Stocks to Watch Currently
- Transportation stocks like FedEx (FDX), Expeditors (EXPD) and Delta (DAL) are well-served by their dividend-paying capacity.
- 09/22/2023
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Here are the 13 stocks Jim Cramer is watching, including Amazon, Oracle and Nike
- Here are some of the tickers on my radar for Friday, Sept. 22, taken directly from my reporter's notebook.
- 09/22/2023
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FedEx outlook, Amazon, Tesla's India factories: Stocks
- FedEx (FDX) shares close over 4.5% higher after reporting a first-quarter earnings beat and boosting its guidance. Amazon (AMZN), on the other hand, closes in the red amid heightened speculation on whether the Federal Trade Commission (FTC) will file an anti-trust claim against the online retailer.
- 09/21/2023
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FedEx vs. UPS: What's the Better Buy?
- FedEx FDX, a leader in global express delivery services, reported quarterly results yesterday after the market's close. It's one of the earlier reports we'll count in our Q3 tally, with others such as Auto Zone and General Mills also reporting in recent days.
- 09/21/2023
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FedEx (FDX) Q1 Earnings Surpass Estimates, Revenues Lag
- FedEx's (FDX) first-quarter fiscal 2024 earnings improve year over year.
- 09/21/2023
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ETFs to Gain on FedEx Q1 Earnings Beat
- FedEx (FDX) topped earnings estimates but missed on revenues. It provided upbeat guidance for the fiscal year despite the ongoing demand weakness.
- 09/21/2023
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FedEx Shares Rise as Profit Jumps After Cutting Costs, Gaining Customers From Rivals
- FedEx (FDX) shares jumped after the delivery giant reported better-than-expected profit as it cut costs and benefited from issues with key rivals, and boosted its guidance.
- 09/21/2023
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Jobless Claims, Philly Fed, U.S. Deficit All Shrink
- Through the first three weeks of September, the month is living up to its reputation as a bull-market killer.
- 09/21/2023
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Weekly Jobless Claims Decreased More Than Expected
- This morning, pre-market futures are down sizably again, continuing the drop we saw as of the Fed's decision not to raise interest rates yesterday afternoon. Mixed economic data ahead of the opening bell today has done nothing to quell the sell-off; shares are down on the major indices between -2% (Dow) and -5% (Nasdaq) over the last five trading days.
- 09/21/2023
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FedEx Q1 earnings breakdown: Analyst explains raising stock price target to $280
- FedEx (FDX) shares react positively in early market trading on the postal courier's first-quarter profit beat reported yesterday, laying out the plans for its DRIVE initiative to trim operating costs and boost revenue. Wells Fargo Securities Senior Analyst Allison Poliniak-Cusic spoke with Yahoo Finance anchors Brad Smith and Seana Smith about her team's decision to raise FedEx's price target to $280 "The execution is really key in our mind," Poliniak-Cusic tells Yahoo Finance Live.
- 09/21/2023
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FedEx price target raised as ramp-up in cost savings drives strong 1Q results
- Analysts at Bank of America (BoA) have raised their price target for FedEx (NYSE:FDX) after the transportation company delivered a first quarter fiscal 2024 earnings beat. They upped their price target on the ‘Buy'-rated stock from US$309 to US$311 based on their improved 2024 and 2025 fiscal year earnings per share estimates of $18.80 and $23.25 respectively.
- 09/21/2023
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An Improved FedEx Can Deliver A New High: This Is Why
- FedEx NYSE: FDX shares are up more than 5% following its Q1 report for fiscal year (FY) 2024 and could move higher. The results are mixed, the guidance as expected, but the margin and cash flow matter now.
- 09/21/2023
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FedEx Is Flying, but Cisco Just Made This Tech Stock Thursday's Big Winner
- Investors seem uncertain about the immediate future for stocks. FedEx reported solid gains in earnings in its most recent quarterly report.
- 09/21/2023
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FedEx Impresses Wall Street. Why Stock Price Targets are Rising.
- The logistics company reported better-than-expected numbers for its fiscal first quarter. Now analysts are weighing in.
- 09/21/2023
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We're upgrading FedEx's rating based on its ground business strength, says Bernstein's David Vernon
- David Vernon, Senior Transportation Research Analyst at Bernstein, discusses FedEx's Q1 earnings report.
- 09/21/2023
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FedEx stock lifted by improved outlook as CrowdStrike boosts margin target
- Shares of FedEx Corp. FDX rose 5% after the package deliverer raised its full-year profit outlook, as efforts to cut billions in costs helped its bottom line despite continued weaker shipping demand that weighed on sales.
- 09/21/2023
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FedEx saw boost from rival UPS's labor negotiations with Teamsters
- The threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx this summer.
- 09/20/2023
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FedEx Corporation (FDX) Q1 2024 Earnings Call Transcript
- FedEx Corporation (NYSE:FDX ) Q1 2024 Earnings Conference Call September 20, 2023 5:30 PM ET Company Participants Mickey Foster - Vice President, Investor Relations Raj Subramaniam - President and Chief Executive Officer Brie Carere - Executive Vice President, Chief Customer Officer John Dietrich - Executive Vice President and Chief Financial Officer Conference Call Participants Jonathan Chappell - Evercore ISI Jack Atkins - Stephens Tom Wadewitz - UBS Jordan Alliger - Goldman Sachs Scott Group - Wolfe Research Chris Wetherbee - Citi Brian Ossenbeck - JPMorgan Allison Poliniak-Cusic - Wells Fargo Ken Hoexter - Bank of America Securities Amit Mehrotra - Deutsche Bank Bascome Majors - Susquehanna David Vernon - Bernstein Eric Morgan - Barclays Helane Becker - Cowen & Company Bruce Chan - Stifel Ravi Shanker - Morgan Stanley Stephanie Moore - Jefferies Jeffrey Kauffman - Vertical Research Partners Operator Good day and welcome to the FedEx Fiscal Year 2024 First Quarter Earnings Call. All participants will be in a listen-only mode.
- 09/20/2023
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Here's What Key Metrics Tell Us About FedEx (FDX) Q1 Earnings
- The headline numbers for FedEx (FDX) give insight into how the company performed in the quarter ended August 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 09/20/2023
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FedEx posts mixed Q1 results, tightens earnings forecast
- FedEx (FDX) reported mixed fiscal first quarter results. Earnings of $4.55 beat estimates of $3.73.
- 09/20/2023
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FedEx (FDX) Tops Q1 Earnings Estimates
- FedEx (FDX) came out with quarterly earnings of $4.55 per share, beating the Zacks Consensus Estimate of $3.70 per share. This compares to earnings of $3.44 per share a year ago.
- 09/20/2023
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A possible government shutdown shouldn't impact FedEx in the short term, says Donald Broughton
- Donald Broughton, Broughton Capital managing partner, joins 'Closing Bell Overtime' to talk FedEx earnings.
- 09/20/2023
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FedEx calls out its DRIVE initiative as profit tops estimates in Q1
- FedEx Corp (NYSE: FDX) is up 6.0% in extended trading even though weaker demand weighed on its sales in the first quarter. Why is FedEx stock up in after-hours?
- 09/20/2023
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FedEx shares rise as company delivers 1Q earnings beat
- Shares of FedEx (NYSE:FDX) rose in after-hours trade as the transportation services provider delivered first quarter fiscal 2024 earnings that topped expectations. For the quarter ended August 31, FedEx (NYSE:FDX) reported earnings per share (EPS) of $4.55, up from $3.44 in the year-ago quarter and above the Street estimate of $3.68, per Zacks Consensus Estimate.
- 09/20/2023
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FedEx shares rally as cost cuts help profit outlook
- Shares of FedEx Corp. rallied after hours on Wednesday after the package deliverer raised its full-year profit outlook, as efforts to cut billions in costs helped its bottom line despite continued weaker shipping demand that weighed on sales.
- 09/20/2023
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FedEx Earnings Are Coming. UPS Labor Talks Are a Big Factor.
- The company reports fiscal first-quarter numbers Wednesday evening. Wall Street is looking for earnings per share of $3.71 from sales of $21.7 billion.
- 09/20/2023
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Options Action: Traders looking for FedEx to jump on earnings
- Mike Khouw, Optimize Advisors president, joins the Options Action traders to talk FedEx ahead of earnings.
- 09/19/2023
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FedEx earnings: Can UPS's labor trouble and Yellow's bankruptcy help snap the streak of revenue misses?
- How FedEx Corp. performed in its fiscal first quarter could have a lot to do with some bad things that happened to a couple of the package delivery company's competitors.
- 09/19/2023
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FedEx (FDX) to Report Q1 Earnings: Is a Beat in the Offing?
- Lower operating expenses are likely to have aided FedEx's (FDX) bottom-line performance in Q1.
- 09/18/2023
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Fed Funds, FedEx Q1 Mid-Week; Strikes Continue
- After 40+ years of rolling back union membership in the U.S. economy, we're seeing a clear push-back against the ownership class.
- 09/18/2023
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Markets Wait For Fed FOMC
- The big news in the markets this week revolves around the Fed's mid-week decision on interest rate policy, although a vast majority of prognosticators see a hold at the current 5.25-5.50% range — already the highest Fed funds rate in more than 20 years. Despite recent hotter-than-expected economic data over the past couple weeks, the smart money is on the Fed being patient and allowing these high rates work over inflation in the medium/long-term, instead of twisting too tight and cracking what otherwise might be a soft economic landing.
- 09/18/2023
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Previewing the Q3 Earnings Season
- Oracle's ORCL quarterly release on Monday, September 11th, kick-started the Q3 earnings season, with reports from Lennar LEN and Adobe ADBE since then adding to the tally.
- 09/15/2023
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FedEx likely to deliver mixed 1Q results as business transformation unrolls
- FedEx (NYSE:FDX) is expected to deliver lower revenue but higher earnings when it reports first-quarter results after the closing bell on September 20 as measures it is taking to transform its business gain traction. Under its DRIVE program, the package delivery giant is aiming to become a more flexible, efficient and data-driven organization, while lowering its cost structure to drive profitability in a challenging demand environment.
- 09/15/2023
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FedEx Stock Brushes Off Bull Notes Before Earnings
- FedEx Corp (NYSE:FDX) is gearing up for earnings next week, with its report scheduled for Wednesday, Sep. 20, and the stock received a pair of bull notes ahead of the event.
- 09/15/2023
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FedEx set to benefit from Yellow's demise, analyst says
- FedEx Corp., which reports fiscal first-quarter results on Sept. 20, is set for a boost following the demise of rival Yellow Corp., according to Citi.
- 09/12/2023
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5 Dividend Growth Stocks for Steady Returns in Uncertain Times
- Caterpillar (CAT), KB Home (KBH), Walmart (WMT), Dr. Reddy's (RDY) and FedEx (FDX) could be solid choices amid the current market volatility.
- 09/12/2023
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Did Amazon's Recent Move Just Make FedEx and UPS Stock Less Investible?
- Amazon already delivers about as many packages as FedEx and United Parcel Service. FedEx and UPS are seeing clear declines in the number of units they're ferrying, putting cost and pricing pressure on both companies.
- 09/08/2023
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Will FedEx (FDX) Beat Estimates Again in Its Next Earnings Report?
- FedEx (FDX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 09/07/2023
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FedEx Corporation (FDX) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to FedEx (FDX). This makes it worthwhile to examine what the stock has in store.
- 09/07/2023
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FedEx: Strong Business But Risky At Current Valuations
- FedEx's extensive global reach and economies of scale solidify its competitive edge. FedEx ranks as America's second most trusted B2B brand, bolstering its customer loyalty and market position. FedEx's cost reduction plan aims to improve margins as economic challenges ease.
- 09/07/2023
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Why FedEx (FDX) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 09/06/2023
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FedEx: An Industrial Stock Poised For Capital Appreciation
- FedEx is likely to generate alpha through inevitable package volume growth and a focus upon expense management. Package volume for FedEx Express has eased in recent years but is expected to improve as the global economies strengthen. Expense management is a current priority. A new CEO is driving to align expenses with the business and consolidate the FedEx Express, Ground and Freight segments into one.
- 08/30/2023
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Caterpillar, FedEx, and Other Industrials Have Stalled. The Case for Investing Now.
- Industrial stocks are taking a breather this month after making significant gains in 2023.
- 08/29/2023
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5 Best High-Yield Dividend Stocks for Any Economic Climate
- Dividend investors are willing to sacrifice growth in exchange for income collecting periodic dividend payments. This makes dividend stocks a stable, heavily owned and long-term investment.
- 08/24/2023
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FedEx Corporation (FDX) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to FedEx (FDX). This makes it worthwhile to examine what the stock has in store.
- 08/24/2023
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As long as Amazon controls its own labor costs it has an advantage over UPS and FedEx: Scott Devitt
- Scott Devitt, Wedbush equity research analyst, joins 'Closing Bell Overtime' to talk his opinion that Amazon's core business is underappreciated on Wall Street.
- 08/22/2023
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Here's Why Investors Should Hold FedEx (FDX) in Portfolios Now
- Dividend payout and strong liquidity boost FedEx (FDX).
- 08/21/2023
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FedEx and UPS Stocks Drop. Blame Amazon.
- Shares of FedEx and Amazon are both falling after investors learn that Amazon has restarted a third-partly logistics offering.
- 08/21/2023
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3 Dividend Stocks That Are Dirt Cheap Right Now
- Energy Transfer's fundamentals have dramatically improved over the last three years. Growing global e-commerce sales could benefit FedEx.
- 08/17/2023
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Home Depot vs. Lowe's: Which Stock Should Investors Consider?
- There are many legendary pairs of business rivals in the world, with both sides of the aisle persistently aiming to steal market share from one another.
- 08/11/2023
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Inside Aurora's autonomous trucking operation in Texas
- While other autonomous startups such as Starsky Robotics and TuSimple have folded or scaled back efforts in the U.S., Aurora is delivering loads in Texas.
- 08/06/2023
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2023 Layoff Tracker: FedEx Cuts Hundreds Of Jobs
- Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
- 08/03/2023
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Sell Alert: 3 Transportation Stocks to Dump ASAP
- The massive U.S. transportation industry has, according to the U.S. Department of Transportation, a net value of transportation infrastructure and vehicles in excess of $10 trillion. In addition, the value of America's transportation capital stock is growing by more than 10% a year.
- 08/03/2023
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Sell This Overhyped AI Dividend Stock And Buy This SWAN Instead
- This Tech dividend stock has become overvalued. I explain why taking gains is extremely important in any market. I offer 1 SWAN dividend replacement.
- 08/01/2023
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The Road Ahead For UPS: Can Stock Deliver After Contract Deal?
- What's next for United Parcel Service Inc. NYSE: UPS stock after management and the Teamsters union came to an agreement on a new contract, averting a strike?
- 07/28/2023
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FedEx's (FDX) Pilots Vote Against Provisional Agreement
- Following the adverse voting outcome, negotiations between FedEx's (FDX) pilots' union and the company, under the supervision of the National Mediation Board, are likely.
- 07/25/2023
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Amazon, FedEx, US Postal Service prep as potential UPS strike looms
- Shipping companies like Amazon, FedEx and the U.S. Postal Service are monitoring the evolving negotiations between UPS and the Teamsters union as a potential strike looms.
- 07/25/2023
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Dow Up 10 Straight Sessions; NXPI Beats, WHR Mixed
- NXP Semi topped estimates on both top and bottom lines, while Whirlpool beat easily on earnings but missed on revenues.
- 07/24/2023
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FedEx pilots reject 30% pay hike proposal, but a strike isn't imminent
- Pilots for FedEx have rejected a tentative labor deal. But that doesn't mean they're about to walk off the job just as UPS is threatened with its own strike by 340,000 drivers and other hourly ground workers.
- 07/24/2023
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FedEx shares drop following Pilots Union rejection of tentative agreement
- CNBC's Frank Holland joins 'Halftime Report' to discuss the FedEx Pilots rejecting a tentative union agreement, fear of an upcoming UPS strike, and how a strike on delivery services could impact the businesses that rely on them.
- 07/24/2023
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Bernstein: As UPS nears a potential strike, we might see a trade-up in FedEx
- David Vernon, Senior Analyst at Bernstein, discusses the potential labor strike between UPS and the Teamsters union, and which stocks will be most impacted.
- 07/24/2023
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7 Stocks to Double Your Money in Today's Markets
- The stock market continues to rip higher. And this year, the gains are primarily concentrated in technology stocks, specifically companies that are involved in artificial intelligence.
- 07/24/2023
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4 Factor Dividend Growth Portfolio - Deep Dive Analysis
- My portfolio based on the stock selection methodology of The Dow Jones US Dividend 100 Index has returned 21.72% since its inception 8.5 months ago. This deep dive analysis tested the contribution that each of the 4 factors played on the final return of the portfolio. I performed simple linear regression analysis and single and multi-factor analysis which generated surprising results.
- 07/21/2023
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Investors Heavily Search FedEx Corporation (FDX): Here is What You Need to Know
- FedEx (FDX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 07/21/2023
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Why Is FedEx (FDX) Up 15.2% Since Last Earnings Report?
- FedEx (FDX) reported earnings 30 days ago. What's next for the stock?
- 07/20/2023
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FedEx (FDX) Picks New CFO, Incumbent Michael Lenz to Retire
- FedEx (FDX) management hopes that the appointment of vastly experienced Dietrich as CFO will aid the company's restructuring plan.
- 07/18/2023
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FedEx Stock Is Rising. New Management and UPS Woes Are the Reasons.
- Investors seem happy with FedEx's new chief financial officer. Also, the logistics giant—which has a mostly nonunion workforce—would gain from a potential strike at rival United Parcel Service.
- 07/18/2023
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FedEx names John W. Dietrich as EVP and CFO
- CNBC's Frank Holland joins 'Power Lunch' to report on FedEx naming a new EVP and CFO.
- 07/17/2023
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FedEx names its new CFO
- FedEx Corp. FDX, -1.01% said Monday it has named John W. Dietrich, the former chief executive officer of cargo airline Atlas Air Worldwide, its next chief financial officer, effective Aug. 1.
- 07/17/2023
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3 Air-Freight & Cargo Stocks to Watch Amid Industry Challenges
- The Zacks Industry Rank for the Transportation-Air Freight and Cargo industry paints a murky picture. Braving the headwinds are three stocks, UPS, FDX and GXO, which investors might consider keeping on their radar.
- 07/17/2023
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5 Buy Alerts: The Billionaires Are Wrong, This Is The Next Big Market Move
- With the latest inflation data it seems that we're at an interesting inflection point in markets, confirming my original views. Of all sectors, one in particular offers fantastic risk-reward at current levels. Here are 5 of our top picks in the sector.
- 07/13/2023
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7 Dying Stocks to Sell in July While You Still Can
- Some investments are better than others. And while it can be difficult for investors to admit they were wrong about a stock, there comes a time when everyone should cut their losses.
- 07/06/2023
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FedEx advises UPS shippers to get on board now
- FedEx Corp. advised shippers on Thursday that they should begin shipping now with the company if they are concerned about service disruptions arising from a possible Teamsters union strike Aug. 1 of UPS Inc. In a communique Thursday, FedEx (NYSE: FDX) said that the company's priority is “protecting capacity and service for existing customers.” Customers considering shifting volumes to FedEx, or currently in discussions with the company to open a new account, are “encouraged to begin shipping with FedEx now,” the communique said.
- 07/06/2023
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3 Names That Have Been Outperforming in 2023
- With the first half of 2023 now in the rearview mirror, investors have the opportunity to look back and see which stocks have outperformed the S&P 500 Index since the start of the year. Year-to-date, the market index is higher by more than 16%.
- 07/06/2023
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The 3 Best Momentum Stocks to Buy in July 2023
- As we venture into July, the hunt for momentum stocks to buy is heating up. A few of the market's top performers are potentially on the brink of a breakout.
- 07/03/2023
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My Top 10 High Dividend Yield Companies For July 2023
- My investment strategy aims to combine Dividend Income with Dividend Growth, helping you become less affected by the stock market's price fluctuations. In today's article, I will present you with 10 high dividend yield companies that currently have an attractive Valuation. In addition to that, they have strong competitive advantages, are financially healthy, and I expect them to provide your portfolio with Dividend Growth.
- 07/01/2023
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The Earnings Picture Refuses to Weaken
- With inflation steadily coming down and the labor market staying fairly strong, many in the market are starting to bet on the 'soft landing' scenario.
- 06/30/2023
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2 Air Freight & Cargo Stocks With Solid Dividend Yield
- Here we pick two air freight and cargo stocks, FedEx (FDX) and United Parcel (UPS), which have a solid five-year dividend growth history.
- 06/30/2023
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Which Stock Is A Better Pick For The Next Three Years – FedEx Or UNH?
- Although these companies are from different sectors, we compare them because they have a similar P/EBIT ratio of 14x-15x.
- 06/30/2023
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7 Growth Stocks That Just Have No More Hope Left
- A lot of once high-flying growth stocks have fallen on hard times. Many of the companies that thrived during the pandemic have been left out of the current market recovery and look unlikely to regain their former glory.
- 06/29/2023
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FedEx: Transforming Logistics
- FedEx Corp. ( FDX , Financial) is undergoing a significant transformation with its DRIVE initiative to create a more efficient global logistics network. This bullish catalyst involves streamlining operations, optimizing cash flow and modernizing the fleet while focusing on last-mile delivery.
- 06/28/2023
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Time to Buy Commercial Metals (CMC) or FedEx (FDX) Stock After Earnings?
- Two notable companies that were able to beat their quarterly earnings expectations this week were steel producer Commercial Metals Company (CMC) and global delivery services leader FedEx (FDX).
- 06/23/2023
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As I-95 reopens, FedEx says section collapse has had ‘minimal' impact on its operation
- The collapse of an elevated section of Interstate 95 in Philadelphia sparked fears of a monthslong traffic snarl, which were eased Friday when officials announced the section's reopening.
- 06/23/2023
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The Score: Rivian, Alibaba, FedEx and More Stocks That Defined the Week
- Here are some of the major companies whose stocks moved on the week's news.
- 06/23/2023
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Is FedEx an Excellent Dividend Stock to Buy?
- FedEx reported quarterly financial data that could have huge implications for investors.
- 06/23/2023
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FedEx to shut down 29 more aircraft as demand shrinks
- FedEx plans to remove 29 aircraft from its fleet this year through permanent retirement and temporary storage, fulfilling its new program to eliminate permanent costs and make its logistics network more flexible as global trade slows. CEO Raj Subramaniam said on Tuesday's earnings briefing that the Express unit will park 20 aircraft in fiscal year 2024 and permanently retire nine additional MD-11 freighters.
- 06/22/2023
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2 Stocks Signaling a Tough Time Ahead for the Market
- Markets retreated on Wednesday. FedEx saw its revenue and profits fall sharply amid economic uncertainty.
- 06/21/2023
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Three-Stock Lunch: FDX, EGO & PTON
- Quint Tatro, Joule Financial founder, joins ‘Power Lunch' to discuss three stocks: FedEx, Winnebago and Peloton.
- 06/21/2023
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How FedEx can be an for global trade, China's economy, and a possible recession
- FedEx reported mixed fourth quarter results and issued disappointing guidance. Ann Berry, Founder of Threadneedle Strategies, tells Yahoo Finance Live anchors Julie Hyman and Diane King Hall what the shipping giant's results tell us about the state of the economy.
- 06/21/2023
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FedEx struck by strong international headwinds but broker welcomes progress on cost savings
- FedEx (NYSE:FDX) has lowered its fiscal 2024 earnings guidance due to the strong international headwinds it faces, with an expected $800 million hit to its operating income. Still, while lowering its FY2024 earnings per share estimates for the global delivery firm to $18.17 from $19.53, analysts at UBS have maintained their ‘Buy' rating and raised their 12-month price target to $272 from $260.
- 06/21/2023
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FedEx (FDX) Q4 Earnings Surpass Estimates, Revenues Miss
- FedEx's (FDX) fourth-quarter fiscal 2023 earnings and revenues decline year over year.
- 06/21/2023
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ETFs in Focus Post Mixed Q4 FedEx Earnings
- FedEx (FDX) topped earnings estimates but missed on revenues. It provided weak guidance for the fiscal year on ongoing demand weakness and input cost inflation.
- 06/21/2023
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FedEx Sales Fall as Pandemic Shipping Boom Eases
- FedEx sales slipped as the pandemic boom in shipping demand slowed.
- 06/21/2023
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FedEx earnings show uncertain market outlook, says Stifel's Bruce Chan
- Stifel Global Logistics Analyst Bruce Chan joins 'Squawk on the Street' to discuss FedEx as the company's shares slipped after the shipping giant reported quarterly results.
- 06/21/2023
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FedEx Reports Quarterly Results, Slow Demand Hits Margins
- FedEx Corp (NYSE:FDX) reported better-than-expected fiscal fourth-quarter profits of $4.94 per share after the close yesterday, though revenue of $21.93 billion came in just below estimates.
- 06/21/2023
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FedEx sinks on weak profit forecast as demand falters
- Shares of FedEx have fallen after the company posted a revenue that dropped for the third straight quarter as the shipping giant adjusts to weaker demand. Scott Schneeberger, Oppenheimer & Co. Managing Director, Equity Research breaks down the forecast numbers.
- 06/21/2023
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FedEx going through 'once in a 50-year' business transformation, says Barclays' Oglenski
- Brandon Oglenski, Barclays senior airlines and transportation analyst, joins 'Squawk Box' to discuss what Oglenski liked from FedEx's earnings results, how many employees the company has let go as part of its transformation, and if UPS employees will actually go on strike in August.
- 06/21/2023
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FedEx likely to continue to cyclical headwinds as years go on, says Advisors Capital's JoAnne Feeney
- JoAnne Feeney, Advisors Capital Management partner and portfolio manager, joins 'Squawk Box' to discuss where markets could see earnings results similar to FedEx, her thoughts on Lennar, and more.
- 06/21/2023
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Range-Bound FedEx Delivers More Bad News For Stocks
- FedEx's NYSE: FDX Q4 report isn't bad per se but is a sign of the times that suggests the economy and the S&P 500 will move sideways and not significantly upward over the next few quarters. The takeaway from the report can be summed up like this: margins, yay but revenue and volume, nay.
- 06/21/2023
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Bank of America: The future of FedEx centers around the company's structural costs
- Ken Hoexter, BofA Securities Research Analysts, discusses FedEx's Q4 earnings report.
- 06/21/2023
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AMERICAS Powell patter, UK shock, FedEx warning
- A look at the day ahead in U.S. and global markets from Mike Dolan
- 06/21/2023
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FedEx shares are falling, Nio's are rising and other stocks on the move
- Shares of Nio Inc. NIO, -0.53% rose 2% after a near 4% gain in Hong Kong as the Chinese electric-vehicle maker unveiled plans for an investment of more than $1 billion from an Abu Dhabi government-backed fund.
- 06/21/2023
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FedEx shares fall on quarterly revenue miss
- FedEx shares fell after the package delivery company's latest quarterly results showed that revenue dropped for a third straight quarter.
- 06/21/2023
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FedEx Keeps Buy Ratings Despite Disappointing Investors Over Guidance
- Citi and Raymond James said they still expect shares to increase in value over the coming months.
- 06/21/2023
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UPS Vs. FedEx: Which Will Deliver Better Results For Investors?
- FedEx appears to be underpriced relative to UPS. UPS has better EBITDA and FCF metrics. FedEx dividends are growing at twice the CAGR of UPS dividends.
- 06/20/2023
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FedEx Corporation (FDX) Q4 2023 Earnings Call Transcript
- FedEx Corporation (NYSE:FDX ) Q4 2023 Earnings Conference Call June 20, 2023 5:00 PM ET Company Participants Mickey Foster - Vice President, Investor Relations Raj Subramaniam - President and Chief Executive Officer Brie Carere - Executive Vice President, Chief Customer Officer Mike Lenz - Executive Vice President and Chief Financial Officer Conference Call Participants Allison Poliniak-Cusic - Wells Fargo Jordan Alliger - Goldman Sachs Jon Chappell - Evercore ISI Brian Ossenbeck - JP Morgan Jack Atkins - Stephens Chris Wetherbee - Citigroup Brandon Oglenski - Barclays Tom Wadewitz - UBS Ken Hoexter - Bank of America Scott Group - Wolfe Research Conor Cunningham - Melius Research Jeff Kauffman - Vertical Research Partners Helane Becker - TD Cowen Scott Schneeberger - Oppenheimer David Vernon - Bernstein Joseph Hafling - Jefferies Bruce Chan - Stifel Amit Mehrotra - Deutsche Bank Operator Good day, and welcome to the FedEx Fiscal Year 2023 Fourth Quarter Earnings Call. All participants will be in a listen-only mode.
- 06/20/2023
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FedEx: Consumers Shifting Spending From eCommerce to Entertainment and Services
- FedEx has seen consumers shift their spending from eCommerce to entertainment and services. The company said this Tuesday (June 20) while reporting another decline in package volume during the most recent quarter, Bloomberg reported Tuesday.
- 06/20/2023
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Compared to Estimates, FedEx (FDX) Q4 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for FedEx (FDX) give a sense of how the business performed in the quarter ended May 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 06/20/2023
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FedEx says friction between UPS and its union has ‘opened a lot of doors'
- Talks between United Parcel Service Inc. and the package deliverer's unionized employees over a new labor deal are getting more tense — for the company, the drivers transporting goods to doorsteps and the customers who depend on it for shipments. Executives at archrival FedEx Corp. on Tuesday appeared just fine with that.
- 06/20/2023
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FedEx shares fall on mixed Q4 results, CFO to retire
- David G. Dietze, Senior Portfolio Strategist at Peapack Private Wealth Management, joins Yahoo Finance Live anchors Seana Smith and Diane King Hall to give his reaction to FedEx's earnings report.
- 06/20/2023
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Markets Take a Breather; FedEx (FDX) Q4 Mixed, Stock -4%
- All three major FedEx segment revenues came up short for the quarter, based partly on continued weakness in China.
- 06/20/2023
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FedEx (FDX) Q4 Earnings Surpass Estimates
- FedEx (FDX) came out with quarterly earnings of $4.94 per share, beating the Zacks Consensus Estimate of $4.83 per share. This compares to earnings of $6.87 per share a year ago.
- 06/20/2023
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FedEx Q4 earnings: ‘there's so much leverage available to the company'
- FedEx Corp (NYSE: FDX) lost about 5.0% in extended trading after the logistics company reported lower-than-expected revenue for its fourth financial quarter. FedEx shares down on future guidance Shareholders seem a bit unhappy with the guidance as well.
- 06/20/2023
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FedEx can get away with raising prices because it carries 'high-value items', says Donald Broughton
- Donald Broughton, Broughton Capital founder, joins 'Closing Bell Overtime' with reaction to FedEx earnings, the stocks reaction, and the competitive shipping landscape.
- 06/20/2023
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FedEx 4Q revenue misses estimates; stock falls as guidance disappoints
- FedEx (NYSE:FDX) Corp announced fourth-quarter 2023 revenue of $21.9 billion, down from $24.4 billion a year earlier on reduced ecommerce demand and falling short of the $22.65 billion consensus analyst estimate. The package delivery giant also generated diluted earnings per share (EPS) of $6.05 during the quarter, while its adjusted diluted EPS of $4.94 edged past expectations of $4.83.
- 06/20/2023
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FedEx stock sinks on profit forecast, as Wall Street looks for progress on cost cuts
- Shares of FedEx Corp. fell after hours on Tuesday after the package deliverer offered up a full-year profit forecast that fell short of expectations, as Wall Street zeroes in on the company's efforts to cut billions in costs over its next two fiscal years following a drop-off in consumer demand.
- 06/20/2023
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FedEx profit falls on lower e-commerce demand
- FedEx on Tuesday reported a fall in quarterly adjusted profit after a bigger-than-expected drop in e-commerce delivery demand offset its $4 billion cost-cutting plan aimed at sheltering margins.
- 06/20/2023
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FedEx Stock Muted Ahead Of Results. Can The Delivery Giant Reverse Its Earnings Slump?
- FedEx stock is trading near a buy point ahead of its fiscal Q4 results. Can the delivery giant turn around its earnings slump?
- 06/20/2023
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Earnings Previews: FedEx, Winnebago
- U.S. markets are closed Monday in observance of Juneteenth, and the flow of quarterly earnings reports all but dries up until after the July 4th holiday.
- 06/19/2023
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Powell in Congress, FedEx Reports and More
- Earnings reports from FedEx, Darden, FactSet, Accenture, and CarMax. Plus, housing data, leading economic indicators, a BofE interest rate decision, and Powell testimony.
- 06/18/2023
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Fed Powell's testimony, economic data, FedEx earnings: What to watch next week | June 20, 2023
- Yahoo Finance anchor Diane King Hall and Akiko Fujita report on what to watch for next week starting on Tuesday June 20, 2023 including Fed Chair Jerome Powell is set to testify before Congress next Wednesday, the latest economic prints, and FedEx's fourth quarter earnings report are also due out next week.
- 06/17/2023
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Are Americans starting to buy more stuff? FedEx's results will have part of the answer
- When people buy things, they often need them shipped. And financial results this week from FedEx Corp., which does a lot of that shipping in the U.S. and around the world, will serve as a proxy for consumers' spending appetites, as Wall Street debates whether the economy will rebound or slip into recession territory in the second half of this year.
- 06/17/2023
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Investors Stock Market Action Plan: Air Show, FedEx, Accenture And Powell
- The Paris Air Show and Fed Chair Powell's testimony give stock market investors plenty to chew on in the holiday shortened week.
- 06/16/2023
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FedEx Stock In Buy Zone Ahead Of Potential Growth-Catalyst Quarter; Olive Garden Parent Also On Deck
- FedEx Stock is at a buy point with earnings due on Tuesday. Olive Garden parent Darden Restaurants is also set to report next week.
- 06/16/2023
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FedEx 4Q earnings may not be down by as much as expected, says broker
- FedEx (NYSE:FDX) may report a positive earnings surprise when it posts its fourth-quarter and full-year 2023 results after the closing bell on Tuesday, according to analysts at UBS. UBS, which has a ‘Buy' rating and a 12-month price target of $260 on FedEx, is maintaining its 4Q earnings forecast of $5.11 a share for the global delivery firm, which compares to consensus of $4.85 per share.
- 06/16/2023
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FedEx (FDX) Pilots Are a Step Closer to Getting Good Pay Hikes
- FedEx (FDX) pilots will now vote on the provisional deal. On ratification, the deal will make them eligible for a 30% pay hike.
- 06/14/2023
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FedEx (FDX) to Report Q4 Earnings: What's in the Offing?
- Cost-control actions are likely to aid FedEx's (FDX) fourth-quarter results.
- 06/14/2023
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FedEx, Booking, and 6 Other Stocks That Show Being Average Is Just Fine
- Barron's tried to apply the Goldilocks principle to stock-picking. We came up with eight ideas.
- 06/14/2023
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After I-95 collapse, FedEx and UPS work to minimize impact on supply chains
- The collapse of an elevated section of Interstate 95 in Philadelphia on Sunday that has resulted in the closure of a stretch of the highway has sparked concerns about the effect on supply chains.
- 06/13/2023
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Earnings Preview: FedEx (FDX) Q4 Earnings Expected to Decline
- FedEx (FDX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 06/13/2023
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FedEx pilots take another step toward 30% pay raise
- Leaders of the bargaining unit for FedEx pilots have approved a tentative contract first advanced by negotiators on May 30 that includes a 30% pay raise and improved pension benefits, the Air Line Pilots Association said late Monday. No details were provided when the sides announced a preliminary labor agreement two weeks ago, and the FedEx Master Executive Council under ALPA didn't even have time to review it.
- 06/12/2023
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7 Momentum Stocks That Could Skyrocket in the Next 12 Months
- Some of the market's top momentum stocks appear to be on the cusp of a breakout. Whether it is due to strong earnings, new products, or improving sentiment, some of these stocks have a buzz about them.
- 06/08/2023
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Tech Companies Have Lots of News for Their Investors
- Nvidia, Intuit, Zoom, and more.
- 06/03/2023
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Fewer FedEx flights raises red flag for fourth-quarter earnings
- Morgan Stanley on Thursday lowered profit expectations for FedEx for the fiscal year fourth quarter that just ended, partially because of a double-digit decline in domestic flight activity, an indicator that the company moved significantly fewer parcels than previously assumed. The global financial services company also warned FedEx (NYSE: FDX) revenues could be more important to financial performance than management's recent focus on cost savings, contrary to consensus thinking on Wall Street.
- 06/01/2023
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How Monthly Dividends From Passive Income Stocks Can Help Activate Your Family Budget
- Family spending can be planned out in advance, until circumstances say otherwise. Dividend stocks can help provide growth and income, and monthly stocks can smooth the cash stream.
- 06/01/2023
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FedEx (FDX) Reaches Provisional Deal With Pilots' Union
- The tentative deal with FedEx's (FDX) pilots will now be put to vote.
- 05/31/2023
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FedEx agrees to tentative deal with pilots after strike vote
- FedEx Corp. and the union representing its pilots said Wednesday they have reached a tentative agreement on a new contract that will ensure uninterrupted parcel and freight service if approved by rank-and-file pilots. The deal is so fresh that the FedEx pilots' leadership, which must first give its approval to go forward, still hasn't seen the text.
- 05/31/2023
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FedEx pilots union reaches tentative contract deal
- FedEx Inc. has reportedly reached a tentative agreement with its pilots union on a new labor contract that could avert a potential strike.
- 05/31/2023
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FedEx expands package capacity at Adelaide Airport
- FedEx Express has opened a new air gateway in Adelaide to support surging airfreight demand out of South Australia. The new facility is part of a planned logistics hub on the east side of Adelaide Airport and features enhanced sorting and storage capabilities.
- 05/30/2023
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2 Dividend-Paying Air Freight & Cargo Stocks You May Count On
- Here we pick two air freight and cargo stocks, Union Parcel (UPS) and FedEx (FDX), which have a solid five-year dividend growth history.
- 05/30/2023
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FedEx Stock: On An Absolute Basis, Shares Are Cheap
- FedEx Corporation is a dominant player in the global logistics and transportation industry. E-commerce boom and global expansion fuel FedEx's growth.
- 05/26/2023
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FedEx (FDX) Pilots Vote in Favor of Strike for Higher Wages
- Almost all FedEx (FDX) pilots (97%) vote in favor of a strike.
- 05/23/2023
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Trucking industry undergoing 'bust' cycle in post-Covid economy, says FreightWaves' Craig Fuller
- Craig Fuller, Freightwaves founder and CEO, joins 'The Exchange' to discuss freight rejections hitting all time lows, challenges in the goods economy contributing to broader economic weakness, and navigating uncertainty from the SVB fallout.
- 05/22/2023
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Here's Why Investors Should Buy FedEx (FDX) Stock for Now
- Pro-investor steps and strong liquidity aid FedEx (FDX).
- 05/22/2023
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Is FedEx (FDX) Stock Outpacing Its Transportation Peers This Year?
- Here is how FedEx (FDX) and Nordic American Tankers (NAT) have performed compared to their sector so far this year.
- 05/22/2023
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FedEx (FDX) Is Attractively Priced Despite Fast-paced Momentum
- FedEx (FDX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 05/19/2023
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FedEx stock price forecast: Deutsche Bank sees a 25% upside
- FedEx Corp (NYSE: FDX) is already up 30% versus the start of the year but a Deutsche Bank analyst is convinced that the shipping giant is not yet done pleasing its shareholders.
- 05/18/2023
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Is FedEx Stock A Better E-Commerce Pick Over This Giant Online Retailer?
- We believe that Amazon stock (NASDAQ: AMZN) is a better pick than FedEx stock (NYSE: FDX), given its better prospects.
- 05/18/2023
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Brokers Suggest Investing in FedEx (FDX): Read This Before Placing a Bet
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 05/15/2023
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Is FedEx (FDX) Outperforming Other Transportation Stocks This Year?
- Here is how FedEx (FDX) and Sun Country Airlines Holdings, Inc. (SNCY) have performed compared to their sector so far this year.
- 05/05/2023
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FedEx Freight to close 29 service centers
- FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE: FDX), will close 29 service locations in the U.S. as part of an ongoing efficiency drive. The closures will occur by Aug. 13, the unit said Monday.
- 05/01/2023
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FedEx (FDX) Shows Fast-paced Momentum But Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, FedEx (FDX) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 04/28/2023
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Investors Heavily Search FedEx Corporation (FDX): Here is What You Need to Know
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 04/27/2023
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FedEx Stock: The Momentum Is Likely To Continue
- FedEx Corporation stock has risen over 27% this year amid the improving sentiment toward risk assets. FedEx has implemented strategic measures to optimize its operations and improve financial performance, including cost-cutting, efficiency enhancements, and right-sizing its overall cost structure.
- 04/26/2023
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Q1 Earnings Scorecard and Fresh Analyst Reports for Bristol-Myers, Medtronic & Altria Group
- Q1 Earnings Season Scorecard is included in today's Research Daily in addition to new research reports on Bristol-Myers (BMY), Medtronic(MDT) and Altria Group (MO).
- 04/25/2023
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FedEx pilots to vote on strike authority, but no action imminent
- Union leaders representing Federal Express pilots said late Friday they will seek authority from members to call a strike when legally permissible. But no imminent work action can happen because the federally controlled negotiating process still has a long way to go.
- 04/15/2023
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3 Top Stocks That Raised Their Dividend by 10% or More
- McDonald's has posted solid numbers over the last year and raised its dividend by 10%. This resilient retailer has a very profitable business model for all economic environments and just raised the dividend by 13%.
- 04/15/2023
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5 Reasons Why Investors Should Buy FedEx (FDX) Stock Now
- FedEx (FDX) expects 2023 earnings per share between $14.6 and $15.2 (earlier guidance - $13-$14).
- 04/13/2023
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Is It Worth Investing in FedEx (FDX) Based on Wall Street's Bullish Views?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/12/2023
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Pick Either UPS Stock Or Its Industry Peer – Both May Offer Similar Returns
- We believe UPS stock (NYSE: UPS) and its peer FedEx stock (NYSE: FDX) will offer similar returns in the next three years.
- 04/10/2023
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FedEx's $4 Billion Cost Initiative: A Discounted Cash Flow Analysis
- FedEx is consolidating all operating companies into one, generating an expected $4 billion in savings. An additional $2 billion is expected to be saved through 2027 via their DRIVE initiative.
- 04/09/2023
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FedEx Takes Flight; Analysts See More Gains Ahead
- The price move followed the company's announcement at an investor's event that it would consolidate its operating units into one organization. The idea is to create efficiencies, which is corporate speak for cutting costs.
- 04/07/2023
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Wall Street loves FedEx's cost cuts and plans to combine networks. But here's where some analysts say it could get messy
- Wall Street analysts heaped praise on package-deliverer FedEx Corp.'s plans to slash more costs and bring its ground and air-shipping services under the umbrella of a single company — even if the implications for logistics and labor remained question marks.
- 04/06/2023
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FedEx says air network restructuring to save $700M annually
- FedEx Corp. executives on Wednesday outlined how the company will restructure its air network by downgrading to surface transportation where possible, outsourcing more flights, implementing more direct routes and streamlining ancillary support functions like maintenance to save $700 million annually. The integrated express carrier also will invest less in its own aircraft by relying more on partner carriers for surge capacity.
- 04/06/2023
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3 Transportation Stocks to Buy Ahead of Q1 Earnings Season
- We believe that transportation stocks like American Airlines (AAL), Copa Holdings (CPA) and FedEx (FDX) are worth betting on now as economic activities gain pace post pandemic.
- 04/06/2023
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Costco shares stumble after sales decline, FedEx shares rise after upgrade, and more stocks on the move
- Here are some of the biggest movers in Thursday's premarket action, as concerns over deteriorating economic conditions have weighed on stocks in recent sessions.
- 04/06/2023
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Raymond James upgrades FedEx to outperform from market perform
- Raymond James analyst Patrick Taylor Brown on Thursday upgraded FedEx Corp. FDX, +1.52% to outperform from market perform on bullish sentiment around its recent investor event in New York City under the theme “Drive.” Brown said the company “provided better visibility into key transformational changes that are likely to set to drive better margins, earnings and free cash flow in out-years.
- 04/06/2023
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FedEx shares close higher after hiking dividend and consolidating units
- Donald Broughton, Broughton Capital managing partner, joins 'Closing Bell: Overtime' to discuss FedEx as shares for the company close higher.
- 04/05/2023
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FedEx about to face a ‘cultural wall' in $4 billion cost-cutting strategy: Analyst
- Third Bridge Senior Analyst Anthony DeRuijter joins Yahoo Finance Live anchor Seana Smith to discuss FedEx's restructuring plan as part of cost-cutting measures and a consolidation of its operating companies.
- 04/05/2023
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FedEx combining main units — except LTL — into 1 organization
- In unarguably one of the most important moves in its history, FedEx Corp. said Wednesday it will combine three of its operating units, including its two largest, into one business known as Federal Express Corp. The transition will bring FedEx's (NYSE: FDX) air, ground parcel and FedEx Services businesses under one umbrella, effective June 1, 2024. FedEx Freight, the company's LTL operation, will continue to operate as a stand-alone entity within the new corporation.
- 04/05/2023
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Top Calls: FedEx 'Sharpening the Pencil' on Cost Savings: Stifel's Chan
- Bruce Chan, Stifel Director of Global Logistics & Future Mobility joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.
- 04/05/2023
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FedEx to Merge Delivery Networks in Cost-Cutting Move
- FedEx is seeking to cut $4 billion in costs by combining its two main delivery networks. Kriti Gupta reports on "Bloomberg Markets.
- 04/05/2023
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How to trade the three names moving markets today: FDX, UNH, and A.I.
- Payne Capital Management's Courtney Garcia joins 'Power Lunch' to talk through plays for today's biggest movers: FedEx, UnitedHealth Group, and C3.AI.
- 04/05/2023
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FedEx Reorg Puts Amazon in Crosshairs in Battle Over eCommerce Deliveries
- FedEx's reorganization won't just be about the bottom line. The move is one that seeks to boost profit margins, where the company is eyeing a stated $4 billion in permanent cost reductions by fiscal 2025.
- 04/05/2023
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FedEx to merge delivery units in a $4 billion cost-cutting initiative
- The move to integrate FedEx Ground, its outsourced package delivery arm, with the FedEx Express overnight delivery business comes almost a year after activist investor D.E. Shaw, who won two additional board seats, called out for a change.
- 04/05/2023
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Should you buy stock after FedEx announcement today?
- Shares of FedEx Corp (NYSE: FDX) are trading up this morning after the logistics company raised dividend and announced a few changes to its structure. FedEx raises dividend by 10% On Wednesday, the multinational increased its annual payout by 10% to $5.04, as per the press release.
- 04/05/2023
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FedEx (FDX) Rewards Shareholders With 10% Dividend Hike
- FedEx (FDX) has a solid dividend growth record for the past five years.
- 04/05/2023
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FedEx announces plans to consolidate operating companies
- Yahoo Finance Live anchors Brad Smith and Jared Blikre discuss FedEx's cost-cutting efforts.
- 04/05/2023
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U.S. private payroll rise by 145K, Johnson & Johnson's talc settlement, FedEx's cost-cutting plans
- Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb Yahoo Finance Live's Brad Smith summarizes three key topics to watch for this morning. About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
- 04/05/2023
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FedEx Stock Pops on Consolidation Plans
- The shares of FedEx Corp (NYSE:FDX) are up 3.2% at $233.68 at last glance, and trading at their highest levels since August, after the company announced its consolidation plans.
- 04/05/2023
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FedEx shares rise following consolidation announcement
- CNBC's Frank Holland joins 'Squawk on the Street' to discuss FedEx's consolidation plans, employee restructuring, and dividend increase of 10%.
- 04/05/2023
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FedEx stock reacts positively to news of consolidation
- Yahoo Finance Live's Brad Smith breaks down the rise in stock for FedEx.
- 04/05/2023
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FedEx stock higher on company consolidation plans, dividend boost
- FedEx (NYSE:FDX) Corp shares rose about 3% in pre-market trading Wednesday after the logistics giant announced plans to consolidate its FedEx (NYSE:FDX) Express, FedEx (NYSE:FDX) Ground, FedEx Services, and other operating companies, into a single organization. FedEx said it expects the initiative will drive “efficiencies that will enhance the company's ability to meet the evolving needs of customers and ultimately build a stronger, more profitable enterprise.
- 04/05/2023
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FedEx Announces Big Dividend Hike, Sending the Stock Higher
- FedEx announced a dividend increase and operational change ahead of its investor event, Wednesday.
- 04/05/2023
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FDX Stock Rises Out Of Buy Zone On FedEx Dividend Hike, Major Reorganization
- FedEx hiked its dividend and will embark on a major reorganization, part of its plan to slash billions of dollars in costs. FDX stock jumped out of a buy zone.
- 04/05/2023
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FedEx to combine all but LTL into one organization
- In arguably one of the most important moves in its history, FedEx Corp. said today it will combine most of its operating units into one business known as Federal Express Corp. The transition will bring FedEx's air, ground parcel and other operating business under one umbrella, effective June 1, 2024. FedEx Freight, the company's LTL operation, will continue to operate as a stand-alone entity within the new corporation.
- 04/05/2023
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FedEx stock gains after company announces dividend boost, plans to consolidate
- FedEx Corp. FDX, -1.03% plans to consolidate its operating companies into a single organization, it announced Wednesday. The logistics giant sees the move, which will bring FedEx Express, FedEx Ground, FedEx Services, and other operating companies together, as one that will drive “efficiencies that will enhance the company's ability to meet the evolving needs of customers and ultimately build a stronger, more profitable enterprise.
- 04/05/2023
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2 Strong Value Stocks Investors Can Buy Now
- One of the best ways to find new stocks picks is by using Zacks Premium screening tools
- 04/04/2023
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FedEx (FDX) is a Great Momentum Stock: Should You Buy?
- Does FedEx (FDX) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 04/03/2023
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Can FedEx (FDX) Run Higher on Rising Earnings Estimates?
- FedEx (FDX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 04/03/2023
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Here Is Why Bargain Hunters Would Love Fast-paced Mover FedEx (FDX)
- FedEx (FDX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 04/03/2023
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Here is What to Know Beyond Why FedEx Corporation (FDX) is a Trending Stock
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 03/30/2023
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These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 03/29/2023
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How aggressive is FedEx becoming? It depends
- March 31 is approaching, and it's unclear how effective FedEx Corp. (NYSE: FDX) has been in its push to convince UPS (NYSE: UPS) shippers to move business over by the end of this month to ensure their goods will get priority treatment in the event of a Teamsters union strike this summer against UPS. It is too early for many UPS shippers to get scared that their volumes will get stuck in the event that 350,000 Teamsters walk off the job Aug. 1 without a contract being agreed upon, said Satish Jindel, CEO of ShipMatrix Inc., a consultancy.
- 03/28/2023
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FedEx to transfer LA airport maintenance to Indianapolis
- FedEx will close its heavy maintenance hangar at Los Angeles International Airport next summer and consolidate operations in Indianapolis to reduce costs, ending a piece of aviation history rooted in the acquisition of Flying Tiger Line 35 years ago. The company said the decision to terminate maintenance activity at the LAX hangar was triggered by the expiration of the lease in June 2024, creating the opportunity to gain cost savings by combining resources at the Indianapolis hub.
- 03/24/2023
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Final Trades: AbbVie, Nike, FedEx & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 03/23/2023
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My Top 10 Dividend Growth Stocks For March 2023
- In today's article, I will present 10 dividend growth companies that I currently consider to be particularly attractive. The 10 selected picks have shown an Average Dividend Growth Rate of 12.92% over the past 5 years.
- 03/23/2023
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Here's Why You Should Retain FedEx (FDX) in Your Portfolio
- Strong liquidity position and pro-investor steps boost FedEx Corp (FDX). However, demand weakness is worrisome.
- 03/23/2023
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FedEx Corp Bottomed On September 27 And Is Now Trading Around Its Annual Pivot At $217.88. Here's How To Trade It Now
- FedEx Corp (FDX) is trading around its annual pivot at $217.88 after trading as low as $141.92 on September 27, 2022.
- 03/22/2023
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UPS, Teamsters expected to ink deal no later than June 30
- A leading parcel industry consultant said Tuesday that he expects a contract agreement between UPS Inc. and the Teamsters union to be reached no later than June 30. The comments from Satish Jindel, president of Ship Matrix Inc., are the first from any consultant to go as far as forecasting a time frame for averting what could be a potentially devastating walkout by 350,000 UPS-employed Teamsters.
- 03/21/2023
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Why Wall Street Loves FedEx's Earnings Report
- Though FedEx's earnings fell, they were better than expected. Management said cost-cutting efforts are paying off.
- 03/18/2023
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FedEx stock pops after earnings beat, raised 2023 full-year outlook
- The Yahoo Finance Live team discusses the jump in FedEx's stock after the company raised its 2023 outlook.
- 03/17/2023
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Analyzing Banking Woes and the Shifting Earnings Landscape
- Banks are making headlines for all the wrong reasons in the wake of what appeared to be idiosyncratic issues at the Silicon Valley Bank. Where do we go from here?
- 03/17/2023
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FedEx Raises Outlook, Shares Jump: ETFs to Tap the Strength
- FedEx (FDX) topped earnings estimates and lifted its full-year outlook when it reported its third-quarter fiscal 2023 results.
- 03/17/2023
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Why FedEx Stock Is in the Fast Lane Today
- FedEx saw revenue fall year over year, but the company easily topped earnings expectations. The company announced a cost-cutting plan last fall that appears to be working out as planned.
- 03/17/2023
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Don't Chase FedEx Higher, Wait For The Pullback
- FedEx (NYSE: FDX) shares are rocketing higher on an improved earnings outlook but don't take this as good news for the broad economy. The gains are impressive but driven by higher prices and company efforts that could only partially offset a decline in volume.
- 03/17/2023
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FedEx working ‘to recover the cost of inflation' through cost-cutting plan, analyst says
- Bank of America Senior Transportation Analyst Ken Hoexter joins Yahoo Finance Live to discuss FedEx quarterly earnings, the company's cost-cutting efforts, improving service, and the outlook for FedEx.
- 03/17/2023
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Here's What Key Metrics Tell Us About FedEx (FDX) Q3 Earnings
- The headline numbers for FedEx (FDX) give insight into how the company performed in the quarter ended February 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 03/17/2023
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FedEx stock rises on cost-cutting boost, positive outlook
- Yahoo Finance Live's Julie Hyman discusses the rise in stock for FedEx.
- 03/17/2023
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SVB files for bankruptcy, market chaos, FedEx boosts forecast: 3 things to know
- Yahoo Finance Live's Julie Hyman summarizes three key topics to watch for Friday morning.
- 03/17/2023
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FedEx Cost Savings Are Taking Hold
- The company reported earnings per share of $3.41 from $22.2 billion in sales.
- 03/17/2023
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FedEx readjusts air network again amid sharp volume declines
- FedEx will reduce flight hours by more than 10% and park more aircraft this quarter because of continued low demand for parcel and freight shipping, executives said Thursday. An 8% cut in aircraft utilization, sidelining nine cargo jets and downsizing to smaller aircraft on certain routes helped the integrated express logistics provider generate $1.2 billion in year-over-year savings during the 2023 fiscal third quarter.
- 03/16/2023
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FedEx Corporation (FDX) Q3 2023 Earnings Call Transcript
- FedEx Corporation (NYSE:FDX ) Q3 2023 Results Conference Call March 16, 2023 5:30 PM ET Company Participants Mickey Foster - VP, IR Raj Subramaniam - President and CEO Mike Lenz - EVP and CFO Brie Carere - EVP and Chief Customer Officer Conference Call Participants Ken Hoexter - Bank of America Chris Wetherbee - Citigroup Jack Atkins - Stephens Jordan Alliger - Goldman Sachs Tom Wadewitz - UBS Jon Chappell - Evercore ISI Helane Becker - TD Cowen Brandon Oglenski - Barclays Allison Poliniak-Cusic - Wells Fargo Ariel Rosa - Credit Suisse Stephanie Moore - Jefferies Scott Group - Wolfe Brian Ossenbeck - JP Morgan Bascome Majors - Susquehanna Bruce Chan - Stifel David Vernon - Bernstein Amit Mehrotra - Deutsche Bank Ravi Shanker - Morgan Stanley Jeff Kauffman - Vertical Research Partners Operator Good afternoon, and welcome to the FedEx Corporation Third Quarter Fiscal 2023 Earnings Call. Currently all callers have being placed in a listen-only mode.
- 03/16/2023
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Fed Adds to Balance Sheet to Aid Banks; FedEx Mixed in Q3
- For the first time in recent memory, what happens at the Fed next week is not as important as what's going on in certain areas in the market.
- 03/16/2023
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FedEx's Q3 cost-cut programs put it further ahead than expected
- FedEx Corp.'s fiscal third-quarter 2023 results late Thursday came in better than expected on the bottom line but not so great on the top or bottom, as expected, at its air and international unit, FedEx Express. Total revenue of $22.1 billion was 6% below the same period a year ago, as the company continues to manage through a sudden and, in the case of FedEx Express, ferocious drop in volumes.
- 03/16/2023
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FedEx (FDX) Q3 Earnings Top Estimates
- FedEx (FDX) delivered earnings and revenue surprises of 27.72% and 2.10%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?
- 03/16/2023
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Anthony Deruijter is dovish on FedEx stock despite raised guidance
- FedEx Corp (NYSE: FDX) jumped more than 12% in extended trading after reporting better-than-expected earnings for its fiscal third quarter. FedEx stock up on raised guidance The stock gained also because the package delivery company raised its profit forecast for the full year.
- 03/16/2023
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FedEx stock rallies, as cost cuts and higher per-package sales help results
- Shares of FedEx Corp. jumped after hours on Thursday after the package deliverer reported third-quarter results that beat expectations and raised its profit forecast, as it aggressively cuts costs amid continued weaker demand.
- 03/16/2023
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FedEx stock well on the road to recovery after banner 3Q results, full-year guidance boost
- FedEx (NYSE:FDX) shares surged after the bell Thursday as the company's fiscal third-quarter earnings blew past Street expectations and its full-year guidance improved. Adjusted net income for the period ended February 28 was $865 million, or $3.41 per share.
- 03/16/2023
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FedEx beats on earnings, misses on revenue, hikes FY EPS outlook
- CNBC's Frank Holland joins 'Closing Bell: Overtime' to report on FedEx earnings report.
- 03/16/2023
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FedEx: ‘There's a big reward from investors for pulling off cost-cutting actions,' analyst says
- Third Bridge Senior Analyst Anthony DeRuijter joins Yahoo Finance Live to discuss FedEx's quarterly earnings and its outlook for the full year.
- 03/16/2023
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Cowen's Helane Becker previews FedEx ahead of earnings
- Helane Becker, Cowen, joins 'Closing Bell' to discuss FedEx ahead of the company reporting its earnings after the bell.
- 03/16/2023
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FedEx stock pops after delivering a Q3 earnings beat, raised 2023 fiscal outlook
- The Yahoo Finance Live team discusses the latest quarterly results from FedEx.
- 03/16/2023
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FedEx hikes 2023 earnings forecast as cost-cutting initiatives bear fruit
- FedEx hiked its 2023 earnings forecast on Thursday, citing cost-cutting measures that offset continued demand weakness.
- 03/16/2023
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Three-Stock Lunch: FDX, INTC & NKE
- Danielle Shay, Simpler Trading VP of options, joins 'Power Lunch' to discuss three stocks making moves following upgrades: FedEx, Intel and Nike.
- 03/16/2023
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FedEx stock rises after analyst urges investors to buy ahead of earnings
- Shares of FedEx Corp. rose Thursday after Stifel Nicolaus analyst Bruce Chan boldly urged investors to buy just before the package delivery company reports earnings, saying there is “too much opportunity” for investors to ignore.
- 03/16/2023
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FedEx earnings will likely be significantly impacted by cost-cutting
- BofA Securities' Ken Hoexter explains what to expect from FedEx earnings.
- 03/16/2023
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Earnings Preview: What To Expect From Fedex Today
- FedEx Inc. is scheduled to report earnings after today's close. Here's a closer look.
- 03/16/2023
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Earnings Previews: Algonquin Power, Ballard Power, FedEx, Xpeng
- In Wednesday morning trading, the Dow Jones industrials were down 1.72%, the S&P 500 down 1.53% and the Nasdaq down 1.27%.
- 03/15/2023
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FDX Stock Loses Key Technical Support With FedEx Earnings On Deck
- FedEx earnings will show the state of its turnaround attempt, with demand issues in focus. FDX stock fell Wednesday.
- 03/15/2023
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Preview: FedEx expected to deliver 'decent' 3Q earnings as retail sales recover
- FedEx (NYSE:FDX)'s shares have clawed back lost ground after falling back sharply last September to two-year lows when it issued a surprise profit warning, CMC Markets analyst Michael Hewson said in a note to clients. Shares of the Memphis, Tennessee-based company are now up over 40% from that trough, he added.
- 03/13/2023
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UPS, FedEx move aggressively to court regional parcel shippers
- UPS Inc. and FedEx Corp. have begun to take market share from their regional parcel delivery rivals by leveraging generous price discounts, according to sources. Share-taking between regional and national carriers is nothing new.
- 03/13/2023
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FedEx Is A Buy Going Into Earnings
- Shares of FedEx (NYSE: FDX) opened the week with losses, but this is an opportunity for investors with Q3 earnings due out later in the week. The move is driven by the budding financial crisis centered on Silicon Valley Bank, which has little to do with FedEx.
- 03/13/2023
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E-commerce demand has slowed. FedEx's results will show us where it stands now
- When package-deliverer FedEx Corp. reports its third-quarter earnings on Thursday, the results won't just be about the state of shipping. They'll be about all the state of people and businesses that still want it, after e-commerce demand cooled off last year and FedEx FDX, -2.66% itself embarked on a quest to slash billions in costs.
- 03/12/2023
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2023 Q1 Earnings Preview: What Are Estimates Telling Us?
- The 2022 Q4 earnings reports displayed that contrary to fears of an impending earnings cliff, companies were largely able to protect their bottom lines. Can they do the same in 2023 Q1?
- 03/10/2023
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What To Expect From FedEx's Q3?
- Revenues expected to be marginally above the consensus estimates Trefis estimates FedEx's Q3 2023 revenues to be around $22.8 billion, reflecting a 3.6% y-o-y decline but marginally above the consensus estimate of $22.7 billion.
- 03/10/2023
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FedEx, UPS unfazed by Boeing freighter delays over supplier snafu
- Boeing has not delivered any 767 freighters so far this year because of a supplier's fouled fuel tanks, but the delays are not likely to impact operations at FedEx and UPS — the biggest buyers of the midsize cargo jet. More than a dozen 767 freighters and U.S. Air Force KC-46 tankers are stuck in inventory because Triumph Group (NYSE: TGI) did not properly clean and conduct tests for primer paint adhesion before delivery to Boeing (NYSE: BA), the online aviation publication The Air Current reported this week.
- 03/09/2023
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FedEx (FDX) to Report Q3 Earnings: What's in the Offing?
- Demand weakness, especially at FedEx's (FDX) Express unit is likely to have dented overall performance in third-quarter fiscal 2023.
- 03/09/2023
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10 Biggest Companies Reporting Earnings in the Third Week of March 2023
- The fourth quarter 2022 earnings season is almost over, with 99% of S&P 500 companies reporting actual results (as of last week).
- 03/08/2023
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FedEx Corporation (FDX) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to FedEx (FDX). This makes it worthwhile to examine what the stock has in store.
- 03/02/2023
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FedEx CEO named to President's Export Council
- President Joe Biden has named 25 members, including FedEx Corp. President and CEO Raj Subramaniam, to sit on the President's Export Council, a committee that offers insight into the ways that government policies impact U.S. trade performance. The announcement, made on Tuesday, adds Subramaniam, who became FedEx's (NYSE: FDX) CEO last year, to a list of business leaders who will offer feedback on how Biden's trade policies are affecting businesses across multiple U.S. sectors, including transportation.
- 03/01/2023
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Biden taps CEOs of 3M, CVS, FedEx, Citi, others to join his Export Council on trade
- The 25-member board includes Dana Walden, co-chairman of Disney Entertainment, Jane Fraser, Citigroup CEO, and Michael F. Roman, chairman and CEO of 3M.
- 02/28/2023
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2 Dividend-Paying Air Freight & Cargo Stocks You May Count On
- Here we pick two air freight and cargo stocks, Union Parcel (UPS) and FedEx (FDX), which have a solid five-year dividend growth history.
- 02/28/2023
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FedEx launches 50-day humanitarian initiative to mark 50th anniversary of flight
- FedEx Corp. (NYSE: FDX) said Monday it has launched a 50-day humanitarian initiative that will culminate on April 17, the 50th anniversary of the company's first day of flight and ground operations. The program, which FedEx coined 50 Days of Caring, calls on company employees to give back to their communities through service projects across the globe.
- 02/27/2023
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3 Top Industrial Stocks To Watch Today
- Check out these 3 industrial stocks to watch today.
- 02/27/2023
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FedEx Corporation (FDX) Presents at Citi 2023 Global Industrial Tech and Mobility Conference (Transcript)
- FedEx Corporation (NYSE:FDX ) Citi 2023 Global Industrial Tech and Mobility Conference February 21, 2023 12:10 PM ET Company Participants Raj Subramaniam - President and CEO Mike Lenz - CFO Conference Call Participants Chris Wetherbee - Citi Chris Wetherbee All right. We're going to go ahead and get started with our keynote address for our first day of the conference.
- 02/25/2023
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3 High-Dividend Retail Stocks That Could Turn $100,000 Into $1 Million
- Don't make the mistake of thinking all retail stocks should be avoided.
- 02/23/2023
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FedEx pilot union inches closer to strike with unanimous approval for authorization vote
- FedEx pilot leaders passed a resolution approving a strike authorization vote on Friday.
- 02/22/2023
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FedEx Corporation (FDX) Is a Trending Stock: Facts to Know Before Betting on It
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 02/17/2023
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FedEx Ground names, describes driver contractor grading program
- FedEx Ground has launched its controversial driver contractor grading program, giving it the name “Medals” and outlining in an internal memo how the program is expected to work. The program is being introduced across the network through March 2, the FedEx Corp. unit (NYSE: FDX) said in the memo, which was released earlier this week and obtained by FreightWaves.
- 02/16/2023
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FedEx: When Size Doesn't Matter
- FedEx Corporation sees hammered revenues and margin contraction. Liquidity levels stay decent, but borrowings appear troublesome.
- 02/07/2023
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FedEx, Southwest planes came within 100 feet of crashing into each other at Austin airport
- A FedEx Corp. FDX, -1.90% flight landing at the Austin, Texas, airport last weekend appeared to come within 100 feet of a Southwest Airlines LUV, -0.91% flight taking off, according to the head of the safety agency leading the investigation into the incident, the second such close call in three weeks.
- 02/06/2023
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FedEx Freight announces another round of driver furloughs
- FedEx Freight, the less-than-truckload unit of FedEx Corp., (NYSE: FDX) announced late Friday it has enacted another round of temporary driver furloughs in some U.S. markets in what it called an effort to “align our workforce with operational requirements.” The unit did not disclose the number of furloughed drivers.
- 02/03/2023
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FedEx Office ends SameDay City delivery service
- FedEx Office, a unit of FedEx Corp., said Friday it is retiring its SameDay City delivery service after a decade in operation. A FedEx (NYSE: FDX) spokesman said that FedEx Office decided to “prioritize several other opportunities for growth” as the reason it closed the operation.
- 02/03/2023
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At FedEx, nightmare of September seems very far away
- Two days do not make a trading trend. But for the second consecutive session, FedEx Corp. shares are spiking.
- 02/02/2023
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FedEx shares surge toward biggest three-day gain since mid-2020
- Shares of FedEx Corp. surged toward their best three-day performance in 19 months on Thursday after two Wall Street analysts said it's time to buy, noting that the package delivery giant's announcement of job cuts shows that management is serious about cutting costs.
- 02/02/2023
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FedEx stock price forecast: Citi sees another 20% upside
- Shares of FedEx Corp (NYSE: FDX) are trading up this morning after a Citi analyst turned bullish on the multinational package delivery company.
- 02/02/2023
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2023 Layoffs: Okta Slashes 300 Jobs As DraftKings, FedEx Cut Staff
- Major U.S. companies laid off more than 81,000 employees in January.
- 02/02/2023
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FedEx Stock Rallies On Upgrades After Additional Job Cuts
- FedEx (FDX) stock was upgraded by two analysts Thursday following the package delivery and transportation company's decision to cut senior staff positions as part of a larger cost reduction effort. FDX shares jumped early Thursday.
- 02/02/2023
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2 Analysts Upgrade FedEx Stock After Cost Cutting Measures
- Citigroup and Bank of America upgraded F edEx Corporation (NYSE:FDX), one session after the company announced plans to cut 10% of its officers and directors.
- 02/02/2023
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Strength Seen in FedEx (FDX): Can Its 4.3% Jump Turn into More Strength?
- FedEx (FDX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 02/02/2023
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US Markets Rally Back on Powell Comments
- U.S. stock markets started Feb. 1 with declines on news of the Fed's latest rate hike but ended the day higher following comments from the Fed chair.
- 02/01/2023
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FedEx stock jumps as company announces plans to cut 10% of management jobs
- Yahoo Finance Live anchors Seana Smith, Allie Canal, and Dave Briggs discuss FedEx's job cut plans and how the stock is reacting.
- 02/01/2023
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FedEx Layoffs 2023: What to Know About the Latest FDX Job Cuts
- The list of companies joining the layoff parade continues to grow, with FedEx (NYSE: FDX ) joining the fray. An announcement today that FedEx layoffs will encompass 10% of managerial positions has sent shares of this logistics company rocketing higher.
- 02/01/2023
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FedEx cutting 10% of senior jobs as delivery giant faces slowing demand
- Shares in FedEx rose 2.4% to $198.47 as investors applauded the move, which signals progress on the company's plan to slash expenses by $3.7 billion this year.
- 02/01/2023
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FedEx cutting over 10% of management roles
- FedEX CEO Raj Subramaniam announced in a letter to team members the company was reducing over 10% of its executive roles to maintain efficiency during uncertain economic times.
- 02/01/2023
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2023 Layoffs: Rivian Automotive Cuts 6% While FedEx Slashes 10% Of Management Jobs
- Twenty-nine U.S. companies have conducted major rounds of job cuts so far this month, as recession fears continue in 2023.
- 02/01/2023
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2023 Layoffs: FedEx Slashes 10% Of Management Jobs
- Twenty-nine U.S. companies have conducted major rounds of job cuts so far this month, as recession fears continue in 2023.
- 02/01/2023
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FedEx is laying off more than 10% of managers in a cost-cutting crusade. Read the full memo from the CEO.
- The company has more than half a million employees, but exact the number of layoffs was not specified.
- 02/01/2023
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FedEx is laying off 10% of its officers and directors amid cooling demand
- The corporate job cuts come as the shipping giant tries to reduce costs amid cooling consumer demand.
- 02/01/2023
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FedEx to cut executive team by more than 10%
- FedEx Corp. said Wednesday it will cut its executive team by more than 10% and “consolidate” some teams and jobs as it aims to become a “more efficient, agile organization.”
- 02/01/2023
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Investors Heavily Search FedEx Corporation (FDX): Here is What You Need to Know
- FedEx (FDX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 02/01/2023
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US Markets Close Out a Strong Month With Gains
- U.S. equities indexes posted a positive performance to end a strong month of January, with positive financial reports contributing to the advance.
- 01/31/2023
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FedEx Ground creates 3-tier grading system for driver contractors
- FedEx Ground is putting its pickup and delivery contractors through an extensive performance-grading process that could result in some contractors losing their exclusive rights to bid on and negotiate contracts to serve routes, according to a well-placed source. The U.S. ground delivery unit of FedEx Corp. (NYSE: FDX) has established three performance levels: gold, silver and bronze.
- 01/31/2023
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UPS, FedEx partner airline agrees to buy 20 pilotless cargo planes in $134M deal
- Ameriflight, a cargo airline that has partnered with shippers such as UPS and FedEx, says it is buying new carbon fiber Natilus planes that will cut the cost of operations.
- 01/31/2023
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FedEx: Blue Chip Traded At Discount
- FedEx is a global leader in logistics and delivery services, with a strong brand and reputation, a wide global network, and a diversified business portfolio. The company recently reported FQ2 2023 results that exceeded expectations due to implementing cost reduction.
- 01/31/2023
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6 Great Stocks to Buy in 2023 and Hold Forever
- I own all six great businesses and don't plan to sell a single share.
- 01/26/2023
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FedEx Corporation (FDX) is Attracting Investor Attention: Here is What You Should Know
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 01/20/2023
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Is FedEx Stock A Better Pick Over Its Peer?
- There is more to the comparison, and in the sections below, we discuss why we think FDX stock will give higher returns than UPS stock in the next three years.
- 01/20/2023
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FedEx (FDX) Up 10.4% Since Last Earnings Report: Can It Continue?
- FedEx (FDX) reported earnings 30 days ago. What's next for the stock?
- 01/19/2023
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Industrial REITs: Shortages Become Gluts
- Pressured by global recession concerns, Industrial REITs dipped by 30% in 2022 - the sector's worst year on record- snapping a seven-year streak of outperformance over the broader REIT Index. The frenzied investment in logistics space clashed with already-tight supply, fueling an incredible surge in rent growth across logistics and warehouse properties. Market rents have soared 50% since early 2021.
- 01/18/2023
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FedEx Could Double by 2027
- FedEx Corp. ( FDX , Financial) has been what is called dead money for about five years now, down 30% since 2018 and shedding $25 billion off its market value.
- 01/13/2023
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Earn Passive Income for Years With This Dividend Stock
- This exceptional stock is improving its underlying growth prospects.
- 01/11/2023
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3 Stocks to Buy Before the Bull Market
- The bear market isn't going to last forever. Buying these stocks could set you up for some great long-term returns.
- 01/11/2023
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Fed's Bostic Stays Hawkish, Tempers Market Rally
- The Dow and S&P 500 closed lower on the day, -0.34% and -0.08%, respectively. The Nasdaq stayed afloat, +0.63%, as did the Russell 2000, +0.17%.
- 01/09/2023
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What's Going on With FedEx Stock?
- Understanding what's going on with the giant logistics company could provide insights into broader parts of the economy.
- 01/08/2023
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FedEx Freight adds returns to home delivery portfolio
- FedEx Freight, FedEx Corp.'s less-than-truckload unit, said Friday that it has added returns to the services offered by its FedEx Freight Direct business, which handles residential and commercial deliveries of big and bulky items ordered online. The returns service will be available for pickups that don't require appointments, or have two-hour appointment windows, the FedEx (NYSE: FDX) unit said.
- 01/06/2023
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FedEx Makes Returns Easier For Customers
- FedEx will be offering an easier returns process for customers, featuring wider access to a network of locations for dropping off unwanted goods using a simple QR code.
- 12/31/2022
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FedEx Corporation (FDX) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 12/30/2022
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2 Dividend-Paying Air Freight & Cargo Stocks You May Count On
- Here we pick two air freight and cargo stocks, Union Parcel (UPS) and FedEx (FDX), which have a solid five-year dividend growth history.
- 12/29/2022
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Michael Farr: These are 2023's top stock picks for what could be a rocky year
- Lower lows could be ahead for investors. Here are Michael Farr's picks for the new year.
- 12/27/2022
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Cessna's SkyCourier Landed Its First Airline Customer Just Seven Months After FedEx Took Delivery
- The news that a startup regional carrier in Mexico has become the first airline customer for the 19-passenger variant of Cessna's freight-hauling SkyCourier shows the new twin-engine turboprop is already rivaling its single-engine Caravan progenitor.
- 12/24/2022
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Why Does Japan's Bond Market Matter?
- The significance of the BoJ's yield-cap increase
- 12/23/2022
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FedEx cost cuts may not be enough, analyst says
- Yahoo Finance Live's Brian Sozzi discusses an Evercore ISI analyst's weigh-in on FedEx's new cost targets.
- 12/23/2022
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FedEx warns customers some holiday weekend packages could be delayed
- FedEx is now warning customers that some packages with a delivery commitment of Friday or Saturday may not make it in time. CNBC's 'Squawk Box' team breaks down the details.
- 12/23/2022
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2 looming problems are threatening to hammer FedEx — and that's not even counting the recession
- FedEx executives told investors that an "e-commerce reset" was responsible for tanking package volumes in the company's US business.
- 12/23/2022
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FedEx, UPS warn severe winter storm could delay holiday packages, and airlines ax more flights
- High winds, snow and bitter cold are threatening holiday package deliveries before Christmas.
- 12/23/2022
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Will FedEx Stock See Higher Levels After A Mixed Q2?
- Due to a decline in delivery volumes, FedEx and other logistics companies have had a tough year.
- 12/23/2022
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FedEx to outsource more cargo flying in cost-cutting effort
- FedEx will increasingly rely on outsourced air transport for growth as it pursues an aggressive cost-cutting strategy to resize its delivery network in line with deteriorating market conditions and a structural rebalance in e-commerce sales, executives said. “An initial priority is to optimize the global air network where we expect to generate approximately $400 million in savings.
- 12/22/2022
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Jim Cramer says Nike, FedEx quarters demonstrate a key lesson for investors
- It's a mistake for investors to place too much emphasis on Fed commentary and predictions on where the S&P 500 will go next, CNBC's Jim Cramer said.
- 12/21/2022
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Earnings from Nike and FedEx offer a key lesson for investors, says Jim Cramer
- Better-than-feared earnings from Nike and FedEx helped spark a market rally Wednesday, demonstrating a key lesson for investors, according to Jim Cramer.
- 12/21/2022
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The leap of faith at FedEx
- FedEx Corp. has managed through multiple “show-me” moments in its half-century of operations. But none may be as important as what transpired Tuesday night.
- 12/21/2022
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Three-Stock Lunch: FedEx, Nike and Carnival
- Bill Stone, Glenview Trust Company CIO, joins 'Power Lunch' to discuss Stone's investing take on three stocks: FedEx, Nike and Carnival.
- 12/21/2022
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FedEx Earnings Put Discretionary Spending In Spotlight as Package Volume Drops
- Declining package volumes in the latest FedEx earnings report stoked new concerns about discretionary spending. This was after the company reported its fiscal second-quarter earnings Tuesday (Dec 19) night, which included its fourth straight quarter of declining package volume.
- 12/21/2022
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FedEx earnings: ‘Things are still ugly and progressing even worse,' analyst says
- Ken Hoexter, senior transportation analyst at BofA Global Research, joins Yahoo Finance Live to break down FedEx earnings.
- 12/21/2022
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FedEx is frantically cutting billions in costs as its pandemic success evaporates
- CEO Raj Subramanian said a soft economy and an "e-commerce reset" were to blame for slow demand. The company's reacting with big cuts.
- 12/21/2022
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FedEx shares rise after posting EPS beat
- CNBC's Frank Holland reports on FedEx shares after the company's quarterly earnings results.
- 12/21/2022
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FedEx (FDX) Surpasses Q2 Earnings Estimates, Revenues Lag
- FedEx's (FDX) second-quarter fiscal 2023 revenues were favorably impacted by yield improvement and higher fuel surcharges, partially offset by global volume softness.
- 12/21/2022
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Analysts, Options Traders Target FedEx Stock After Earnings
- F edEx Corporation (NYSE:FDX) is trading higher this morning, after the company's fiscal second-quarter report included a substantial earnings beat.
- 12/21/2022
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FedEx has ‘stemmed the bleeding,' but challenges remain, say analysts
- FedEx Corp.'s cost-cutting plans have been welcomed by analysts, but they warn that the parcel-delivery service still has plenty of challenges ahead.
- 12/21/2022
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Jim Cramer weighs in on FedEx's plans to cut costs, Nike earnings
- 'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss shares of FedEx after the company said it would cut costs amid soft demand.
- 12/21/2022
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FedEx stock rises on earnings beat, cost reductions
- Yahoo Finance Live anchors discuss the rise in stock for FedEx following second-quarter earnings.
- 12/21/2022
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Dow, S&P 500 and Nasdaq open higher as results from FedEx and Nike bring some cheer
- 9.35am: Stocks buoyed by Nike, FedEx earnings US stocks started Wednesday in the green as earnings from Nike and FedEx were well-received by investors. Just after the market opened, the Dow Jones Industrial Average had added 310 points or 0.9% at 33,159 points, the S&P 500 was up 25 points or 0.7% at 3,846 points, and the Nasdaq Composite was up 34 points or 0.3% at 10,581 points.
- 12/21/2022
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These 2 Stock Giants Are Getting Markets Into the Holiday Spirit
- Could this be the catalyst that starts a new bull market?
- 12/21/2022
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Why FedEx Stock Is Delivering Gains Wednesday Morning - FedEx (NYSE:FDX)
- FedEx Corp FDX shares are trading higher after the company reported mixed financial results. Analysts are moving in different directions Wednesday morning following the company's quarterly results.
- 12/21/2022
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Dow, S&P 500 and Nasdaq seen opening higher; results from FedEx and Nike bring some cheer
- 6.30am: A little bit of Santa? US stocks are expected to open higher on Wednesday, building on gains from yesterday, with after-hours results from FedEx Corp and Nike Inc providing a lift for weary investors still holding out for a pre-Christmas rally.
- 12/21/2022
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Stocks to Watch: Nike, FedEx, Anglo American
- Bloomberg's Joe Easton has a rundown of the stocks to keep an eye on today, including Nike Inc., FedEx Corp. and Anglo American Plc. He speaks on Bloomberg Television.
- 12/21/2022
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FedEx's 2023 forecasts is ‘partly cost-cutting but also cash-shifting': Analyst
- Argus Research President and Director of Portfolio Strategies John Eade joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to weigh in on FedEx's Q2 earnings results and the company's forecasts for 2023.
- 12/21/2022
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FedEx Corporation (FDX) Q2 2023 Earnings Call Transcript
- FedEx Corporation (NYSE:FDX ) Q2 2023 Results Conference Call December 21, 2022 5:30 PM ET Company Participants Mickey Foster - Vice President, Investor Relations Raj Subramaniam - President and Chief Executive Officer Mike Lenz - Executive Vice President and Chief Financial Officer Brie Carere - Executive Vice President and Chief Customer Officer Conference Call Participants Tom Wadewitz - UBS Helane Becker - Cowen and Company Jordan Alliger - Goldman Sachs Ken Hoexter - Bank of America Scott Group - Wolfe Research Brandon Oglenski - Barclays Allison Poliniak - Wells Fargo David Vernon - Bernstein Stephanie Moore - Jefferies Jack Atkins - Stephens Chris Wetherbee - Citi Amit Mehrotra - Deutsche Bank Scott Schneeberger - Oppenheimer Brian Ossenbeck - JPMorgan Operator Good day, everyone, and welcome to today's FedEx Corporation Second Quarter Fiscal 2023 Earnings Call. Today's call is being recorded.
- 12/20/2022
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FedEx is ‘setting the bar pretty low': Expert
- FedEx Corporation (NYSE: FDX) is trading up after the bell even though its reported lower-than-expected revenue for its fiscal second quarter on lower volumes, teasing an economic downturn. Analyst reacts to FedEx future guidance Still, investors are cheering earnings that topped Street estimates for the recent quarter.
- 12/20/2022
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FedEx (FDX) Q2 Earnings Surpass Estimates
- FedEx (FDX) delivered earnings and revenue surprises of 14.80% and 3.59%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?
- 12/20/2022
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Markets Up Slightly 1st Time Last 4 Days; FedEx, Nike Report
- Part of what we've seen in trading during these final weeks of 2022 is some tax-loss selling, especially in macro-cap stocks.
- 12/20/2022
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FedEx CEO Accelerates Cost Cutting as Package Volume Drops
- FedEx CEO and President Raj Subramaniam is stepping up cost reductions as package volume drops. “The declining demand trends we saw at the end of Q1 softened further in the second quarter, and we are moving faster and with more determination than ever to accelerate our cost actions,” Subramaniam said Tuesday (Dec.
- 12/20/2022
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FedEx beats on earnings, short on revenue
- CNBC's Frank Holland reports on FedEx earnings.
- 12/20/2022
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Stocks moving in after hours: Nike, FedEx, Workday
- Yahoo Finance Live anchor Seana Smith highlights stock tickers making moves in after-hours trading.
- 12/20/2022
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FedEx Beats Earnings as Package Volume Drops
- FedEx Corp. reported fiscal second-quarter earnings that beat analysts' estimates, lifted by price increases and cost cuts that helped make up for a decline in package volume. Lee Klaskow of Bloomberg Intelligence is on "Bloomberg Markets: The Close.
- 12/20/2022
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FedEx's fiscal second-quarter results benefit from cost cuts
- FedEx Corp. posted fiscal 2023 second-quarter results late Tuesday that demonstrated its ability to quickly slash costs but also confirmed the damage a slowdown in demand is inflicting on its top line. FedEx (NYSE: FDX) reported adjusted diluted earnings per share of $3.18, coming in above consensus estimates of $2.77.
- 12/20/2022
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FedEx stock dips amid mixed Q2 earnings beat, revenue miss
- Yahoo Finance markets reporter Jared Blikre breaks down FedEx's second-quarter earnings results.
- 12/20/2022
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FedEx expects to cut costs by an extra $1 billion, amid ‘weaker-than-expected volume'
- FedEx Corp. on Tuesday said it planned to slash an extra $1 billion in costs beyond what it outlined in September, bringing those total expected cuts to roughly $3.7 billion, amid what management called a “weaker demand environment” that led to softer-than-expected sales for its second quarter.
- 12/20/2022
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FedEx earnings sink as soft demand persists
- FedEx outlined a cost-cutting plan in September that included parking planes and closing some offices. It also raised package-delivery rates.
- 12/20/2022
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FedEx Earnings Are Coming. Here's What To Expect.
- Wall Street expects the company to post earnings per share of $2.81 from $23.7 billion in sales. A year ago, FedEx earned $4.83 a share from $23.5 billion in sales.
- 12/20/2022
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Trading Strategies For FedEx Stock Before And After Q2 Earnings - FedEx (NYSE:FDX)
- FedEx Corporation FDX was sliding about 1% lower Tuesday as the company heads into its second-quarter earnings print after the close.
- 12/20/2022
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FedEx Earnings Could Chart Changes In Global Headwinds
- FedEx earnings are due late Tuesday. FDX stock is testing support, up 17% from a late September low.
- 12/20/2022
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A Low-Risk FedEx Options Play into Earnings
- We can't control the direction of the market, but we can control how we react to what the market gives us.
- 12/20/2022
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Earnings Exchange: FDX & NKE
- Boris Schlossberg, BK Asset Management, joins ‘The Exchange' to discuss a few stocks ahead of earnings, including: FedEx and Nike.
- 12/20/2022
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Down 33% in 2022, Can This Unstoppable Growth Stock Make a Comeback in 2023?
- Negative headlines weighed down this stock over the past year.
- 12/20/2022
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FedEx, UPS shippers face 8%-10% prices hikes in 2023, consultancy says
- TransImpact says there will be virtually no difference in rates in 2023 between FedEx and UPS. Shippers using FedEx Corp. and UPS Inc. can expect 8% to 10% price increases in 2023 once rate and various “accessorial,” or add-on, charges are factored in, according to an annual forecast published Monday by consultancy TransImpact LLC.
- 12/19/2022
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FedEx expected to report Q2 earnings after Tuesday's closing bell
- Yahoo Finance Live co-host Pras Subramanian checks out FedEx shares ahead of its earnings report due out tomorrow afternoon.
- 12/19/2022
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Nike, FedEx, General Mills expected to drive consumer spending this holiday season
- Yahoo Finance Live anchors discuss the earnings expectations for Nike, FedEx, and General Mills ahead of the holiday shopping season.
- 12/19/2022
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Will Nike and FedEx Start a Santa Claus Stock Market Rally?
- Investors hope for a more upbeat finish to 2022.
- 12/19/2022
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Will FedEx Stock Rise Post Q2 Results?
- The company has been able to grow its yield over the recent quarters, a trend expected to continue in the near term.
- 12/19/2022
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FedEx and Nike earnings will hold vital hints on holiday-shopping strength
- After investors raced for the exits following their last earnings reports, package-deliverer FedEx Corp. and athletic-gear maker Nike Inc. will try it again. And they'll offer important reads on demand as inflation-chastened consumers navigate holiday shopping.
- 12/18/2022
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Three-Stock Lunch: NKE, FDX & MU
- Gina Sanchez, chief market strategist at Lido Advisors, joins 'Power Lunch' to discuss three stock picks with earnings reports on the horizon: Nike, FedEx and Micron
- 12/16/2022
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Investors Heavily Search FedEx Corporation (FDX): Here is What You Need to Know
- FedEx (FDX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 12/15/2022
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These Are 10 Big Companies Reporting Earnings Next Week
- Traders anxiously wait for the earnings season to make quick gains from the stock price movement, both before and after the earnings announcement.
- 12/14/2022
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FedEx Drifts Higher Ahead Of Earnings; Here's How An Options Earnings Play Could Net $130 | IBD
- FedEx stock has been drifting higher since its massive one-day sell off in September. Now the shipper faces earnings next week.
- 12/14/2022
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FedEx Stock Today: Why This Iron Condor Spread Could Gain 35%
- In total, the iron condor will generate around $1.30 per contract or $130 of premium. The post FedEx Stock Today: Why This Iron Condor Spread Could Gain 35% appeared first on Investor's Business Daily.
- 12/14/2022
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Wells Fargo warns there's downside risk for FedEx earnings
- Yahoo Finance Live's Brian Sozzi discusses Well Fargo's downside risk for FedEx earnings.
- 12/14/2022
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FedEx Stock Offers Tremendous Value
- FedEx Corporation operates in 220 countries. This established company has few global competitors.
- 12/14/2022
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Is FedEx Stock A Buy As It Prepares To Announce Earnings After A Disastrous Quarter?
- FedEx stock is preparing to announce its fiscal Q2 earnings next week. Is FedEx stock a good buy?
- 12/13/2022
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Why FedEx stock can still win even as ‘the market has given up hope' on shipper
- There is potential for FedEx Corp.'s stock to be a winner next year despite a currently bleak view of the name on Wall Street, says Bernstein analyst David Vernon.
- 12/13/2022
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FedEx expands no-box, no-label returns program
- The FedEx program will accept unboxed, unlabeled returns, then consolidate returned items and ship them back to merchants. FedEx Corp. said Monday it will launch a parcel returns consolidation program that will allow returned items to be dropped off without the products being boxed or labeled.
- 12/12/2022
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FedEx driver 'strangled girl in van' while making delivery at her home
- A FedEx driver accused of abducting and killing a young girl in Texas has told authorities that he strangled her after accidentally hitting her with his van while making a delivery at her home.
- 12/09/2022
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Parcel carriers post strong early holiday delivery performance, consultancy says
- The major parcel-delivery carriers reported high on-time performance rates through November, which included Black Friday and Cyber Monday when holiday shopping spikes, consultancy ShipMatrix said Thursday. In its survey, ShipMatrix said the three major carriers — FedEx Corp., (NYSE: FDX), UPS Inc. (NYSE: UPS) and the U.S. Postal Service — performed better this early holiday period than in 2021, when online demand was higher, capacity was tighter and FedEx's ground delivery unit, FedEx Ground, struggled with labor shortages at its hubs.
- 12/08/2022
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Can FedEx dig Ground Economy out of a hole?
- FedEx Corp.'s ground delivery unit, FedEx Ground, spent several years shifting last-mile delivery traffic from a long-standing partnership with the U.S. Postal Service to its own network. The idea was to increase parcel density at FedEx Ground's business-to-consumer infrastructure and to set the stage for what would become a seven-day-a-week delivery service.
- 12/06/2022
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3 Defense Stocks To Watch In The Stock Market Now
- Are these the top defense stocks to invest in right now?
- 12/05/2022
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Three-Stock Lunch: Adobe, Salesforce and FedEx
- Art Hogan, B. Riley Wealth chief market strategist, joins 'Power Lunch' to discuss Hogan's investing take on three stocks: Adobe, Salesforce and FedEx.
- 12/02/2022
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Why FedEx Stock Jumped 13% in November
- The company's cost-cutting plan is on track.
- 12/01/2022
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How a rail strike could interrupt parcel delivery services
- Donald Broughton, managing director of Broughton Capital, joins 'The Exchange' to discuss moves in Congress to avert a rail strike, the sectors vulnerable to a potential strike, and the turmoil a rail strike would provoke.
- 11/29/2022
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New Strong Sell Stocks for November 29th
- FDX, IMAX and LPX have been added to the Zacks Rank #5 (Strong Sell) List on November 29, 2022.
- 11/29/2022
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Here is What to Know Beyond Why FedEx Corporation (FDX) is a Trending Stock
- Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 11/28/2022
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Gig labor could have challenged FedEx and UPS. Now it's making them stronger.
- Instead of outlasting upstarts who challenged them with gig workers, UPS and FedEx have, in their own ways, embraced the approach.
- 11/26/2022
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The Most-Bought Guru Stocks of the 3rd Quarter
- The third quarter of 2022 was another discouraging period for investors. Inflation kept going strong, the Federal Reserve continued raising interest rates and even the housing market began showing signs of weakness as consumers were slammed by the combination of rising costs and increasing mortgage rates.
- 11/25/2022
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How UPS, FedEx are preparing for the first 'post-pandemic' holiday season
- UPS and FedEx are prepared for a holiday surge, the retail industry expects record sales this weekend, but consumer data remains mixed in peak shopping season.
- 11/23/2022
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Don't Buy These 2 Popular Dividend Stocks
- In this article, I discuss two popular dividend stocks that I wouldn't buy. I start by making the case for low-volatility dividend growth based on downside protection and long-term outperformance.
- 11/20/2022
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FedEx COO on the company's commitment to carbon neutrality
- Raj Subramaniam, COO of FedEx, speaks to CNBC's Morgan Brennan on going green, the economy and more.
- 11/19/2022
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How these investors view UPS, FedEx's outlook right now
- CNBC's "Halftime Report" discusses whether oil and gas prices are going higher and the impact on delivery companies like UPS and FedEx.
- 11/19/2022
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FedEx Ground delivery contractor trade group disbands
- A trade association formed in August to represent the interests of driver contractors at parcel delivery firm FedEx Ground disbanded on Friday amid allegations by the group's founder that the FedEx Corp. unit threatened to strip its leaders of their contracts if they kept the group alive. In a statement distributed Thursday night, the 10-member leadership committee of the Trade Association for Logistics Professionals (TALP) said the group was not the “appropriate vehicle” to promote effective dialogue between the FedEx (NYSE: FDX) unit and the 6,000 nationwide delivery contractors who operate exclusively for it.
- 11/18/2022
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FedEx's (FDX) Freight Segment to Furlough a Few Employees
- FedEx's (FDX) Freight unit decides not to withdraw the health benefits and other financial perks to the furloughed employees.
- 11/16/2022
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7 Growth Stocks to Sell Right Now
- Like many investors, I'm sure you'll be more than happy to bid adieu to 2022, and to portfolio laggards. In fact, to help get you started, here are several growth stocks to sell.
- 11/16/2022
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Is Trending Stock FedEx Corporation (FDX) a Buy Now?
- Recently, Zacks.com users have been paying close attention to FedEx (FDX). This makes it worthwhile to examine what the stock has in store.
- 11/16/2022
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Stocks moving in after hours: Berkshire Hathaway, Apple, Thredup, FedEx
- Yahoo Finance Live anchor Seana Smith looks at which tickers are making moves in after-hours trading.
- 11/14/2022
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Should You Buy FedEx Stock At $165?
- After a 36% fall year-to-date, we believe FedEx stock (NYSE: FDX) is undervalued at the current levels.
- 11/14/2022
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FedEx Offers A Safe Investment If They Can Deliver This Holiday Season
- FedEx offers a near asymmetrical risk vs. reward, with the potential for the bull case scenario more likely to play out in our opinion. The stock pays out a healthy dividend and is more fairly valued than competitor UPS at current prices.
- 11/13/2022
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FedEx Freight to begin driver furloughs next month
- FedEx Freight, the less-than-truckload arm of FedEx Corp. and the nation's largest LTL carrier, said Saturday it will furlough an undetermined number of drivers starting in early December. The furloughs are scheduled to last about 90 days, during which time affected workers will continue to receive health benefits and will be allowed to file for unemployment benefits in their respective states of residence.
- 11/12/2022
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FedEx Corporation (FDX) Presents at Baird 2022 Global Industrial Conference (Transcript)
- FedEx Corporation (NYSE:FDX ) Baird 2022 Global Industrial Conference November 8, 2022 2:00 PM ET Company Participants Mike Lenz - CFO Conference Call Participants Garrett Holland - Baird Garrett Holland All right. We'll go ahead and get started.
- 11/12/2022
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FedEx suspends some money-back guarantees for peak season
- FedEx Corp. said it will suspend money-back guarantees for most peak-season deliveries of domestic and export air express shipments, effective Dec. 13.
- 11/07/2022
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Have $2,000? 2 Beaten-Down Stocks to Consider Buying on the Dip
- One investor's down market is another's golden opportunity.
- 11/06/2022
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FedEx Corporation (FDX) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 11/04/2022
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FedEx: Strong Fundamentals And An Attractive Price
- FedEx is one of the global and US market leaders in delivery logistics. Their focus on express deliveries and customer satisfaction continues to drive sustainable profits.
- 11/02/2022
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FedEx Freight launches LTL dimensional pricing pilot
- Less-than-truckload carrier FedEx Freight said Tuesday it has launched a program to price freight tendered by select customers based exclusively on the shipment's weight and dimensions, how much space it occupies aboard a trailer and when it needs to arrive. The pilot program, called “space and pace,” will provide straightforward quotes based on a shipment's weight, dimensions and origin and destination ZIP codes provided by the shipper, the LTL unit of FedEx Corp. (NYSE: FDX) said.
- 11/01/2022
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FedEx: Valuation Getting Attractive
- FedEx recently missed on Q1/F23 earnings and announced massive cost cuts. While the cost cuts seem too large relative to the run-rate expenses, it does show management actively trying to right-size the business.
- 11/01/2022
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FedEx Update: Now At Attractive Prices
- Weak earnings sent FedEx Corporation stock down to valuations that I would consider attractive. The investment now has a proper margin of safety. The FedEx earnings and stock chart suggests that double-digit returns are possible.
- 11/01/2022
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The Earnings Picture Is Good, But Not Great
- The picture emerging from the 2022 Q3 earnings season continues to go against pre-season fears of an impending earnings cliff. Overall corporate profitability isn't great, but it isn't bad either.
- 10/26/2022
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Same old story: FedEx, UPS match each other on parcel pricing in 2023
- Death. Taxes. The sun rising in the East.
- 10/26/2022
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7 Undervalued Blue-Chip Stocks to Buy Now
- Undervalued blue-chip stocks are a little easier to find in the midst of the current bear market. There are bargains to be found for investors who can stomach short-term volatility.
- 10/26/2022
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What the first African-American woman to be a FedEx CEO has learned about leadership over a 31-year career
- FedEx Custom Critical CEO Ramona Hood spoke about her career path from a 19-year old receptionist at the company to now leading the operating company.
- 10/25/2022
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FedEx is ‘a couple steps behind' UPS, analyst says
- Wells Fargo Transportation & Industrial Technology Securities Analyst Allison Poliniak-Cusic joins Yahoo Finance Live anchors Brad Smith and Brian Sozzi to discuss FedEx and UPS earnings and the divergence between the companies when it comes to execution.
- 10/25/2022
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FedEx Corporation (FDX) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 10/24/2022
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FedEx stock slips ahead of UPS earnings
- Yahoo Finance Live anchors Brian Sozzi and Brad Smith discuss Wells Fargo downgrading FedEx to an Equal Weight rating.
- 10/24/2022
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UPS could keep outpacing FedEx as e-commerce delivery market dims
- United Parcel Service investors want to see this week how the delivery giant is managing through the bursting e-commerce delivery bubble better than rival FedEx.
- 10/24/2022
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UPS hikes 2023 GRI by 6.9%, matching FedEx
- In a move that caught virtually no one by surprise, UPS Inc. said late Friday that it would raise its 2023 published or tariff rates by 6.9%, matching the increase announced last month by rival FedEx Corp. UPS' (NYSE: UPS) increase takes effect Dec. 27, a week before the FedEx (NYSE: FDX) increase. The UPS increase applies to its U.S. air and ground delivery services, as well as its international services.
- 10/23/2022
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This High-Yield Dividend Stock Could Be One to Hold Forever
- United Parcel Service continues to deliver on its promises after a stellar July earnings report.
- 10/20/2022
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FedEx is reassuring holiday shippers and retailers it can deliver for peak season
- FedEx is telling shippers and retailers it can deliver this holiday season even after making major cost cuts as global demand weakens.
- 10/20/2022
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The Federal Reserve Pivot Is Coming In December; Here's Proof
- The Federal Reserve pivot will come in December because the next jobs report is almost guaranteed to be lousy. The post The Federal Reserve Pivot Is Coming In December; Here's Proof appeared first on Investor's Business Daily.
- 10/18/2022
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Watch Out: 4 Companies Reliably Fail Every Earnings Season
- Most S&P 500 companies easily beat earnings estimates every quarter. So you'll want to take note of the handful that can't measure up.
- 10/17/2022
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You'll Probably Regret Not Buying This Top Dividend Stock at These Levels
- The sell-off in this industry leader looks like an incredible buying opportunity.
- 10/15/2022
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It's The Best Time In 14 Years To Buy FedEx
- FDX bottomed at 8.42X earnings in the depths of the Great Recession. Today its blended trailing P/E is 8.36, even lower.
- 10/15/2022
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The Federal Reserve Race To Take Down The S&P 500 And Break The World
- Aggressive Federal Reserve rate hikes are straining global currencies and economies. But the Fed may not stop until something breaks.
- 10/14/2022
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Breaking Down the Rough Start to Q3 Earnings Season
- The early 2022 Q3 results don't inspire a lot of confidence about the overall earnings picture. At this admittedly early stage, companies appear to be struggling to beat consensus estimates that had already come down significantly.
- 10/12/2022
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Breaking Down the Rough Start to Q3 Earnings Season
- The early 2022 Q3 results don't inspire a lot of confidence about the overall earnings picture. At this admittedly early stage, companies appear to be struggling to beat consensus estimates that had already come down significantly.
- 10/12/2022
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Jim Cramer goes over the best and worst Q3 performers in the S&P 500
- Cramer said he wouldn't touch this stock with a 10 foot pole.
- 10/11/2022
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Investors Heavily Search FedEx Corporation (FDX): Here is What You Need to Know
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/11/2022
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Is It Time to Buy the S&P 500's 2 Worst-Performing September Stocks?
- These two stocks are proven long-term winners.
- 10/11/2022
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The 7 Best Dividend Stocks to Buy for Your Grandkids
- Markets have been wildly volatile. Since August the Dow Jones Industrial Average is down about 15%.
- 10/11/2022
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Holiday Volumes Likely to be Low at FedEx's (FDX) Ground Unit
- Performance of FedEx's (FDX) Ground unit this holiday season is likely to be hampered by low volumes.
- 10/11/2022
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These Are The Five Best And Worst Performing Large-Cap Stocks In September 2022
- September has been a tough month for the U.S. stock market historically, and this year was no different.
- 10/10/2022
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FedEx rival Deutsche Post says it will lift earnings guidance
- FedEx FDX, -0.50% rival Deutsche Post DPW, +5.69% on Monday said it will have to lift its earnings guidance for the full year, after preliminary results show its nine-month earnings before interest and tax of around 6.5 billion euros ($6.3 billion). Deutsche Post said it will lift its fiscal year EBIT forecast, of 8 billion euros plus or minus 5%, when it releases its full results on Nov. 8.
- 10/10/2022
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Why FedEx Stock Ran Off the Road in September
- Global economic headwinds are impacting the bottom line.
- 10/08/2022
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Down by 24% to 38%, These 3 S&P 500 Stocks Offer Discounted Passive Income Potential
- When share prices drop, dividend yields rise, which make these companies worth a long look for income investors.
- 10/08/2022
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There's Nothing Amazon or FedEx Can Do to Slow Down This Warehouse Landlord
- Amazon and FedEx are pulling back, but don't read too deeply into that when it comes to Prologis' future.
- 10/07/2022
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FedEx forecasts a decline in holiday shopping volumes for 2022
- Shares of FedEx are under pressure after the company's ground division lowered its holiday volume forecast.
- 10/07/2022
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Report: FedEx Says Customers Expect to Ship Fewer Holiday Packages
- FedEx Ground reportedly expects to see lower package volume in the United States and Canada during the time leading up to the holidays. The division, which handles most of FedEx Corp.
- 10/07/2022
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Why Is the Market So Down on Big Bank Stocks?
- The big bank stocks have been laggards in the ongoing market pullback, though the Finance sector as a whole has held up relatively well on the back of strength in the insurance and regional bank spaces.
- 10/07/2022
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FedEx then and now: How the logistics company has evolved since 1971
- Yahoo Finance's Jared Blikre discusses the origins of FedEx, how the company has changed over the years, and how the stock is performing this year.
- 10/07/2022
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FedEx ground unit will lower its volume outlook for the holidays: report
- Package-delivery giant FedEx Corp.'s FDX, -1.80% large ground-shipping business intends to cut its holiday-period volume outlook amid waning demand, according to a report from Reuters. The change to the forecast reflects “the latest information from customers about how they anticipate current conditions are likely to decrease their volumes this holiday season,” Paul Melander, a FedEx Ground senior vice president, said in a message this week that was obtained by Reuters and addressed to 6,000 independent delivery contractors.
- 10/07/2022
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FedEx Corporation (FDX) is Attracting Investor Attention: Here is What You Should Know
- FedEx (FDX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/07/2022
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What Will Q3 Earnings Season Tell Wall Street?
- Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.
- 10/05/2022
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What Will Q3 Earnings Season Tell Wall Street?
- Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.
- 10/05/2022
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FedEx, pilots request federal mediation to resolve contract dispute
- FedEx Express and the union representing its pilots on Wednesday filed for federal mediation with the National Mediation Board to help unglue contract negotiations that began in May 2021. The joint filing by FedEx (NYSE: FDX) and the Air Line Pilots Association requests expedited mediation under the Railway Labor Act.
- 10/05/2022
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FedEx acquires large chunk of stock from Morgan Stanley
- FedEx Corp. said Tuesday it acquired 7.9 million shares of its common shares worth $1.5 billion from investment banking giant Morgan Stanley & Co. as part of an accelerated share repurchase plan announced in June. The accelerated buyback program is part of FedEx's plan to repurchase up to $5 billion of common shares.
- 10/04/2022
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FedEx stock rises after setting $1.5 billion accelerated repurchase agreement
- Shares of FedEx Corp. FDX, +2.01% climbed 3.0% in premarket trading Tuesday, after the package delivery giant announced a $1.5 billion accelerated share repurchase (ASR) agreement with Morgan Stanley. The ASR, which represents 3.8% of FedEx's market capitalization of $39.41 billion as of Monday's close, is expected to be completed before the end of the fiscal year, which is the end of May 2023.
- 10/04/2022
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My 3 Stock Market Predictions for October
- Prepare your investment portfolio for major stock market themes that will shape October.
- 10/04/2022
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Air cargo rates slump but some companies see long-term strength
- Air freight is a tiny part of the overall cargo market, but it's been pushed to the forefront during the pandemic.
- 10/04/2022
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FedEx Will Deliver Better News in 2023
- One look at FedEx's chart shows that it has been a rough year. However, the company has faced similar rough patches before only to climb to fresh record highs.
- 10/04/2022
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Best Stocks To Buy During A Recession? 3 Defensive Stocks To Know
- Are these defensive stocks the best stocks to buy during a recession?
- 10/03/2022
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Stocks moving in after hours: FedEx, Nvidia, Intel, AMD, Biogen
- Yahoo Finance Live's Seana Smith looks at several stocks trending in the after-hours trading session.
- 09/30/2022
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These 20 stocks in the S&P 500 tumbled between 20% and 30% in September
- Stocks declined again on Friday, closing out September with large losses across the board as the rally from the June lows partway through August faded into memory.
- 09/30/2022
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Previewing Q3 Earnings Season After Rough Reports from Nike and Micron
- We are starting to look at these early reports from FedEx, Nike, Micron and others for their fiscal periods ending in August as giving us a preview of what likely lies ahead as the banks kick-off the Q3 reporting cycle in about two weeks
- 09/30/2022
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What's Happening With FedEx Stock?
- FedEx stock (NYSE: FDX) has plunged 31% in a month, underperforming its peers, with UPS, XPO, and CHRW stocks down between 13 and 15% and the broader S&P500 index down 8%.
- 09/30/2022
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3 Top-Ranked Shipping Stocks Exporting Hefty Dividend Payouts
- The strong Zacks Rank paired with the companies' dividend payouts is a beautiful combination.
- 09/29/2022
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FedEx: Management's Lack Of Forward Planning Is Appalling
- FedEx Corp followed up its shocking preliminary results with actual results that disappointed on profitability. To mitigate the damage, the company's management announced a gigantic cost-saving plan.
- 09/29/2022
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Are Earnings Estimates Out of Sync with the Economy?
- Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.
- 09/28/2022
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Are Earnings Estimates Out of Sync with the Economy?
- Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.
- 09/28/2022
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2 Dividend Stocks That Have Doubled Their Payouts in 5 Years
- Despite making big increases to their dividend payments, these stocks still have low payout ratios.
- 09/28/2022
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Stocks: The biggest analyst calls on FedEx, McDonald's, Lucid
- Yahoo Finance Live anchors Brad Smith and Brian Sozzi discuss Morgan Stanley halving its price target on FedEx, Citi lowering its forecast on McDonald's, and Cantor Fitzgerald initiating coverage of Lucid.
- 09/27/2022
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FedEx Needs to Focus Under the Hood
- FedEx ( FDX , Financial) saw its stock drop to its worst decline in 40 years after some rather depressing earnings results and guidance. The new CEO's strategy to cut expenses and increase shipping rates has done little to bolster investor confidence.
- 09/27/2022
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FedEx stock down 53% from its all-time high
- Yahoo Finance Live's Brian Sozzi breaks down the stat of the day.
- 09/26/2022
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FedEx Corporation (FDX) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 09/26/2022
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Is UPS Stock a Buy After FedEx's Dire Outlook?
- UPS is a reliable dividend stock even if the economy is slowing.
- 09/25/2022
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Down 24% to 51%, These 3 Top Dividend Stocks Are Coiled Springs for When Economic Growth Returns
- These dividend stocks are well off their all-time highs.
- 09/25/2022
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Sell Rosh Hashanah, Buy Yom Kippur? Revisiting The Market Adage In Turbulent 2022 - Ford Motor (NYSE:F), FedEx (NYSE:FDX)
- One old market adage that is commonly mentioned just ahead of the Jewish holidays is "Sell Rosh Hashanah, Buy Yom Kippur." With the holidays commencing Sunday at sundown, it is time for this year's investment interpretation of the adage from the perspective of this investor.
- 09/24/2022
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Recession Fears and the Earnings Outlook
- The Fed has been in tightening mode for a while now, but the unequivocally tough message since Jackson Hole took concrete shape after the recent FOMC meeting. Everyone in the markets appears to have finally 'received the memo'
- 09/23/2022
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FedEx: The Good, The Bad, And The Ugly
- FedEx stock has crashed over 20% as its latest report showed the full impact of macro headwinds. Analysts seem to believe that macro headwinds are not the only culprit here, with the heavy implication that there are company-specific problems.
- 09/23/2022
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FedEx stock hits 52-week low, company unveils plan to target $4 billion annual cost savings
- Yahoo Finance's Akiko Fujita discusses FedEx stock following the company's earnings call.
- 09/23/2022
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FedEx Q1: See It Through The Window Of Dividends
- FedEx just reported disappointing results for its FY2023 Q1. The large price corrections followed sent its dividend yield to about 2.5%, near the highest level in a decade.
- 09/23/2022
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FedEx Fiscal Q1 Earnings Disappoints: ETFs in Focus
- The transport bellwether FedEx (FDX) delivered disappointing first-quarter fiscal 2023 results. The courier company missed both earnings and revenue estimates.
- 09/23/2022
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There's some good news amid the FedEx gloom, says analyst
- Shares of FedEx Corp. fell Friday, as the package delivery giant's warning of a disappointing earnings report didn't go far enough, but some analysts found reason to be optimistic.
- 09/23/2022
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FedEx raises package rates by 6.9%
- Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss FedEx increasing package rates by 6.9%.
- 09/23/2022
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FedEx (FDX) Stock Drops Following Q1 Earnings Release
- Raj Subramanian, the CEO of package delivery giant FedEx (NYSE: FDX ), had already warned of an imminent global recession last week. Consequently, today's traders should have been prepared for FedEx to release less-than-ideal quarterly data today.
- 09/23/2022
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Is FedEx a Good Dividend Stock After the Biggest Single-Day Crash in Company History?
- Near a 52-week low and after a big dividend hike, FedEx stock offers an attractive passive-income stream.
- 09/23/2022
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FedEx Raises Package Rates, Outlines Cost Cuts
- FedEx outlined plans to park planes, suspend some Sunday deliveries, and shut corporate offices after falling demand impacted its first quarter profits and prompted the company to withdraw its forecast last week.
- 09/23/2022
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FedEx: Deteriorating Economy Drove 11% Drop in Package, Freight Volume
- FedEx is cutting costs and raising prices after a quarter in which its global package and freight volume dropped 11% year over year, the company announced Thursday (Sept. 22) in its quarterly earnings release.
- 09/23/2022
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Down Over 50%, Is FedEx Stock a Buy?
- FedEx stock plummeted to a 52-week low after its disconcerting business update.
- 09/23/2022
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FedEx outlook punished by 'volume declines in Europe': Analyst
- Cowen Senior Research Analyst Helane Becker joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to discuss FedEx earnings and discuss the global economic outlook.
- 09/23/2022
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Stock Market Dives, Dow Jones Tests Lows On Hawkish Fed, Soaring Bond Yields: Weekly Review
- The stock market continued to sell off as the Fed hiked rates aggressively and Treasury yields surged. The Dow Jones tested June lows.
- 09/23/2022
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FedEx (FDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y
- Operating expenses at FedEx (FDX) increase 7% in Q1, mainly due to high fuel costs.
- 09/23/2022
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United Parcel Service, Another FedEx Fiasco
- A friendly reminder that UPS will be reporting FQ3'22 earnings in October 2022, after the disastrous results from FedEx. Both stocks have catastrophically tumbled, FDX by -42.07% and UPS by -28.17% from their 52-week high, digesting most of their pandemic gains.
- 09/23/2022
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Better Stock Buy Now: FedEx or UPS?
- Both of these package delivery titans are trading down big off recent highs.
- 09/23/2022
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FedEx Corporation (FDX) Q1 2023 Earnings Call Transcript
- FedEx Corporation (NYSE:FDX ) Q1 2023 Earnings Conference Call September 22, 2022 5:30 PM ET Company Participants Mickey Foster - Vice President, Investor Relations Raj Subramaniam - President and Chief Executive Officer Mike Lenz - Executive Vice President and Chief Financial Officer Brie Carere - Executive Vice President and Chief Customer Officer Conference Call Participants Tom Wadewitz - UBS Brian Ossenbeck - JPMorgan Brandon Oglenski - Barclays Jordan Alliger - Goldman Sachs Helane Becker - Cowen Chris Wetherbee - Citi Ken Hoexter - Bank of America Amit Mehrotra - Deutsche Bank Jack Atkins - Stephens Jon Chappell - Evercore ISI Ravi Shanker - Morgan Stanley Ari Rosa - Credit Suisse Bruce Chan - Stifel Bascome Majors - Susquehanna Todd Fowler - KeyBanc Capital Markets Jeff Kauffman - Vertical Research Partners David Vernon - Bernstein Jairam Nathan - Daiwa Operator Good day, everyone and welcome to the FedEx Corporation First Quarter Fiscal Year 2023 Earnings Conference Call. Today's call is being recorded.
- 09/22/2022
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FedEx to shave daily flights to align costs with lower demand
- FedEx Corp. will cut daily flights across the Atlantic, the Pacific and between Asia and Europe as it begins the process of aligning its cost structure with what the company has said is declining worldwide demand. FedEx (NYSE: FDX) will cut 11% of its trans-Pacific flights, 9% of its trans-Atlantic flights and 17% of its flights between Asia and Europe, the company told analysts Thursday night soon after officially releasing its fiscal 2023 first-quarter results.
- 09/22/2022
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Recession Fears Keep Markets Negative; FDX and COST Report
- The Dow was at session highs just 10 minutes prior to the close, which gives some indication how precipitous this late-day drop was.
- 09/22/2022
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FedEx details its strategy to offset weakening demand
- FedEx Corporation (NYSE: FDX) ended in the green on Thursday after the logistics company announced cost cuts and hiked shipping rates. Details of the rate hikes The multinational conglomerate revealed a price increase of 6.9% on average in Express and Ground.
- 09/22/2022
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FedEx hikes package rates for 2023
- FedEx will raise ground and express shipping rates by an average of 6.9% next year, the company said Thursday. Freight rates will increase by an average of 6.9% to 7.9%.
- 09/22/2022
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FedEx (FDX) Misses Q1 Earnings and Revenue Estimates
- FedEx (FDX) delivered earnings and revenue surprises of -6.78% and 0.06%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?
- 09/22/2022
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FedEx announces largest general rate increase in its history
- FedEx Corp. announced late Thursday a 6.9% general rate increase (GRI) for 2023, the largest year-over-year increase in its history. The increase will apply to all FedEx (NYSE: FDX) services except for its less-than-truckload service, FedEx Freight.
- 09/22/2022
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FedEx pops following early earnings release
- CNBC's Frank Holland reports on FedEx earnings. CFRA's Sam Stovall joins the discussion to talk about the transports.
- 09/22/2022
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FedEx delivers disappointing 1Q 2023 results; reveals rate hikes and cost cutting measures
- FedEx (NYSE:FDX) Corp parcelled disappointing first quarter 2023 results, together with rate hikes and cost-cutting measures, as the delivery company said its revenue decreased due to a slowdown in global shipping volume. Revenues came in at US$23.3 billion, missing analysts' expectations of $23.59 billion.
- 09/22/2022
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FedEx stock boosted by cost savings plans amid a second-quarter earnings miss
- Yahoo Finance's Brian Sozzi reports on FedEx's earnings report that cites its cost savings outlook for 2023.
- 09/22/2022
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FedEx plans up to $2.7 billion in cost cuts, higher shipping rates as demand weakens
- FedEx Corp. on Thursday announced between $2.2 billion and $2.7 billion in cost savings for the fiscal year ahead, and said it would raise shipping rates for air and ground services by an average of 6.9% starting in January.
- 09/22/2022
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FedEx hikes package rates, details cost cutting as demand weakens globally
- FedEx announced rate hikes and detailed its cost-cutting efforts after warning last week it was seeing demand weaken globally.
- 09/22/2022
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FedEx is the latest corporate giant to be shocked we're no long buying lots of stuff
- You may have spent last week freaking out about the rail strike and completely missed the new thing to freak out about: FedEx's spooky business update. In a report last week, FedEx withdrew its financial guidance for the remainder of its fiscal year, which began June 1, 2022.
- 09/22/2022
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7 Meme Stocks to Buy During a Stock Market Crash
- Finding the best meme stocks to buy can be a challenge. After all meme stocks are volatile by nature.
- 09/22/2022
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The Fed's Soft Landing, FedEx's distress signal, and the Threat of a Deep Recession
- According to the last week's economic data inflation continues to surprise upside whereas the economy continues to surprise downside. Nevertheless, the recession hasn't come yet, but the 2 last adjacent quarters showed deceleration of the development, and a cut in the ensuing quarter estimated at 0.5%, as the Atlanta Fed stated last week.
- 09/21/2022
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FedEx's bleak warning could reflect global economy − and company's own shortcomings
- CEO Raj Subramaniam warned of a "worldwide recession" after FedEx missed earnings expectations, but analysts say the company's shortcomings likely contributed.
- 09/21/2022
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FedEx (FDX) Earnings Warning: Recession Harbinger or Single-Stock Hiccup?
- Investors have plenty of worries – chief among them inflation and a potential recession. But the engine that ultimately drives the stock market is corporate profits.
- 09/20/2022
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Supply chains seeing ‘some semblance of normalization': Port of Long Beach exec
- Mario Cordero, Executive Director of the Port of Long Beach, joins Yahoo Finance Live anchors to discuss supply chain stabilization and the outlook for the holiday shopping season.
- 09/20/2022
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Trading Opportunities: How to Prep for the Fed's Announcement
- Did support on the S&P 500 break? Yes
- 09/20/2022
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Will FedEx's Dividend Crash?
- FedEx recently tossed out the earnings guidance it presented to investors just three months earlier, because of the deterioration of the U.S. and global economy's outlook over the summer. But the company's leaders haven't announced what they might do about the quarterly dividend.
- 09/20/2022
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Should you buy or sell FedEx stocks after dropping to a two-year low?
- FedEx (NYSE:FDX) dropped to a two-year low last week after missing estimates for the preliminary Q1 results. The giant air freight and logistics company employs over 440k people and has business operations all over the world.
- 09/20/2022
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FedEx earnings preview: Is it the company that's struggling, or just the world?
- Package-delivery giant FedEx Corp. reports full fiscal first-quarter results on Thursday, as the smoke clears following grim financials and cost-cutting plans issued last week that sent the company's stock on its biggest weekly drop since 1987 and led to bigger concerns about the U.S. economy.
- 09/19/2022
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FedEx ‘in the penalty box' after profit warning, strategist says
- Jonathan Chappell, Evercore ISI Senior Managing Director of Surface Transportation & Marine Transportation Equities, joins Yahoo Finance Live anchors Akiko Fujita and Ines Ferre to discuss how severe FedEx's earnings pre-announcement is, a global economic slowdown, and the outlook for supply chains.
- 09/19/2022
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Assessing FedEx's Prospects After 21% Slump
- FedEx Corp. ( FDX , Financial) shocked the market last week when it missed its first-quarter 2023 earnings target by a sizable $1.70 per share. Many investors remain undecided on the stock after its 21% one-day drop.
- 09/19/2022
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We're hopeful but need more proof FedEx management is executing, says Citi's Wetherbee
- Citi's Christian Wetherbee joins 'Squawk on the Street' to discuss the recent warning from FedEx, if Wetherbee expects to see a similar read-through to UPS and if FedEx is taking the necessary steps to address execution issues.
- 09/19/2022
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US faces stagflation due to labor shortage, government spending: FedEx founder Fred Smith
- Smith compared current conditions to 'putting your foot on the accelerator and the brake.'"
- 09/19/2022
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Did FedEx Just Deliver A Buying Opportunity?
- FedEx fired a warning shot at the market but its 20% decline in share prices is a buying opportunity that investors may not want to pass up.
- 09/19/2022
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FedEx boss tells the US to brace for stagflation because there aren't enough workers to meet juiced-up demand
- "You simply do not have the workers to meet the demand that's been juiced by the printing of money," the delivery giant's founder Fred Smith told Fox Business.
- 09/19/2022
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Costco, FedEx earnings, Fed decision, existing home sales top week ahead
- FOX Business takes a look at the upcoming events likely to move financial markets in the coming days, including the Fed's latest decision on interest rates.
- 09/18/2022
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FedEx issues profit warning amid global slowing growth
- Yahoo Finance Editor-at-Large Brian Sozzi breaks down why FedEx profits are down, down, down.
- 09/17/2022
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No - FedEx's Problems Do Not Signal A Recession (Or A Bear Stock Market)
- New CEO blames "global recession" for FedEx management's failings
- 09/17/2022
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FedEx Just Gave Us a Warning About the Economy. What Should Investors Do Now?
- If the global economy is indeed slowing, there will likely be buying opportunities for investors.
- 09/17/2022
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FedEx founder: When you make work optional, your economy stagnates
- FedEx founder and executive chairman Fred Smith weighs in on the state of the U.S. economy on 'Kudlow.' #FoxBusiness #kudlow Subscribe to Fox Business!
- 09/16/2022
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These Are the 10 Biggest Firms Announcing Earnings Next Week
- Earnings seasons provide investors with unique opportunities. Generally, a company's share price moves significantly ahead of its earnings, as well as when the company announces its earnings.
- 09/16/2022
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Should you buy FedEx shares on the recent weakness?
- FedEx Corporation (NYSE: FDX) ended more than 20% down on Friday after the logistics company issued a “concerning” guidance for the future. Still, Michael Farr (President and CEO of Farr, Miller & Washington LLC) would rather add to his position in “FDX” than bail on it.
- 09/16/2022
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Cramer's week ahead: FedEx's warning shows the Fed is further along in fighting inflation than expected
- Cramer also previewed next week's slate of earnings.
- 09/16/2022
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FedEx CEO Issues Gloomy Q1 Profit Warning
- FedEx issued a profit warning on the heels of weaker-than-expected Q1 sales, stoking fears of a global economic slowdown. SUBSCRIBE | http://t.st/TheStreetTV MORE VIDEOS: https://www.thestreet.com/video ACTION ALERTS PLUS | https://www.thestreet.com/signup/action-alerts-plus-video REAL MONEY PRO | https://www.thestreet.com/signup/real-money-video LINKEDIN | http://linkedin.com/company/theStreet FACEBOOK | https://www.facebook.com/TheStreet/ TWITTER | http://twitter.com/thestreet INSTAGRAM | https://www.instagram.com/thestreet/?hl=en #Investing #Stocks #WallStreet #FedEx
- 09/16/2022
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FedEx CEO's warning of worldwide recession tanks shares, shakes market
- FedEx's stock plunged more than 21% in Friday trading.
- 09/16/2022
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Stocks moving in after hours: FedEx, Meta, Peloton
- Yahoo Finance anchor Seana Smith breaks down after hours movers.
- 09/16/2022
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FedEx warning ‘as good a bellwether as one could obtain,' economist says
- RSM Chief Economist Joe Brusuelas joins Yahoo Finance Live to discuss FedEx's economic warnings, the U.S. economy compared to foreign markets, mortgage rates in housing, and the market outlook amid inflation.
- 09/16/2022
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FedEx: Don't Buy The Dip
- After FedEx issued a preliminary earnings announcement, the company's shares dropped by more than 20%. FedEx earnings per share for the quarter are $3.33, which implies a 19% year-over-year decline and a $1.81 shortfall versus consensus estimates.
- 09/16/2022
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FedEx's Economic Warning Rattles Amazon Investors: What's Next For The Stock? - Amazon.com (NASDAQ:AMZN)
- The fallout from FedEx Corporation (NYSE: FDX)'s pre-earnings announcement is having a ripple effect in the markets, and perhaps the most devastating impact is on Amazon.com, Inc. (NASDAQ: AMZN), which is the
- 09/16/2022
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Stock Market Today: FedEx Warning Amplifies Wall Street Jitters
- Stocks capped off a terrible week with another slide as a warning from one of Wall Street's bellwether firm's stoked concern about the U.S. economy. SEE MORE 10 Electrifying EV Stocks Worth Watching After Thursday's close, delivery giant FedEx (FDX, -21.4%) – whose financial results are often seen as a read on broader economic conditions – issued preliminary fiscal first-quarter earnings and revenue figures that were well below estimates.
- 09/16/2022
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FedEx's disastrous announcement raises concerns about company's core direction
- Millions of FedEx Corp. stakeholders are still digesting the calamity of Thursday night's announcement of a massive quarterly income shortfall at its largest unit and the withdrawal of financial guidance for the rest of its fiscal year a bit more than a quarter of the way through it. The question is whether the news signals a larger problem of weakening demand in the U.S. and abroad or a more focused case of bad execution by one company.
- 09/16/2022
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Reading Q3 Earnings Tea Leaves After the FedEx Bombshell
- The shortfall in FedEx Ground, the unit that is tied closely to e-commerce deliveries in the U.S., has read-through implications for the U.S. consumer and operators in the digital economy.
- 09/16/2022
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Stocks continue to slide, British pound hits 37-year low against U.S. dollar, FedEx stock plunges
- Yahoo Finance anchors break down how markets are trading at the end of the week.
- 09/16/2022
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FedEx Stock: The Crash Represents A Buying Opportunity
- The FedEx management team announced some rather negative results and expectations for the company on September 15th, driving shares down significantly. FedEx is entering a period of pain that could last for a while, but management remains optimistic about the longer-term outlook.
- 09/16/2022
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Why FedEx's stock plunge is so bad for the whole stock market
- FedEx Corp.'s profit warning has cast a pall on the broader stock market, as a record plunge in the package delivery giant's stock has helped trigger one half of a Dow Theory “sell” signal.
- 09/16/2022
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You have peers taking share from FedEx, says BofA's Hoexter
- Ken Hoexter, research analyst at BofA, joins 'The Exchange' to discuss how to characterize FedEx's withdrawal of 2023 guidance, the current freight environment and more.
- 09/16/2022
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FedEx CEO has really lost credibility here, says Michael Farr
- Michael Farr, president and CEO of Farr, Miller & Washington, LLC, joins the 'Halftime Report' to discuss FedEx's recent stock price action, what it would take to get him to sell and more.
- 09/16/2022
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FedEx shares on track for their worst week since the 1987 stock market crash
- FedEx Corp. shares FDX, -21.63% are currently down 23.4% on the week, putting them on track for their worst week since the stock market crash of October 1987. The stock lost 25.6% in the week through Oct. 23 of 1987.
- 09/16/2022
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FedEx shares slump more than 20 percent as global recession fears mount
- Shares of rival UPS and Amazon also fell on Friday.
- 09/16/2022
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FedEx Warning Drags Down Amazon and Other E-Commerce, Packaging Shares
- Some packaging stocks were on track for their worst day since 2020 following FedEx's worse-than-expected earnings and withdrawn guidance.
- 09/16/2022
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Why FedEx's profit warning is bad news for the U.S. economy
- FedEx Corp. has bad news for investors, but the even-worse news may be what the logistics company's massive profit warning says about the U.S. economy.
- 09/16/2022
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"Snowflake" Trading Continues, and It's Still Summer
- We're also at "quadruple witching" today, which sees the expiration of four different trading derivatives.
- 09/16/2022
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FedEx's warning is a ‘black mark' on CEO Raj Subramaniam, strategist says
- Argus Director of Portfolio Strategy John Eade joins Yahoo Finance Live to discuss FedEx's dire profit warning and how it affects the CEO's reputation as chief executive.
- 09/16/2022
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With FedEx's Stock Slide, Just How Safe Is Its Dividend?
- In June, the company boosted its quarterly dividend to $1.15 a share, from 75 cents---an increase of more than 50%.
- 09/16/2022
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Sellers Knock Costco Stock Ahead Of Quarterly Earnings; FedEx Warns, Shares Dive
- Despite strong fundamentals, sellers have knocked Costco stock lower ahead of its quarterly earnings report. The post Sellers Knock Costco Stock Ahead Of Quarterly Earnings; FedEx Warns, Shares Dive appeared first on Investor's Business Daily.
- 09/16/2022
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FedEx profit warning drives down tech and energy stocks, Adobe stock down after Figma deal
- Yahoo Finance's Jared Blikre looks at how the stock market is performing in early trading, with FedEx weighing down the energy and tech sectors, and Adobe shares down following its Figma acquisition.
- 09/16/2022
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FedEx selloff is catalyzed by uncertainty, says Evercore's Jon Chappell
- Jon Chappell, Evercore ISI analyst, joins 'Squawk on the Street' to remark on his downgrading of FedEx, and reflect on whether the stock's selloff is the result of micro or macro activity.
- 09/16/2022
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Why Is FedEx (FDX) Stock Down 20% Today?
- Source: Antonio Gravante / Shutterstock.com FedEx (NYSE: FDX ) is set to report lower earnings. Now, that news is sending FDX stock down over 20% in trading.
- 09/16/2022
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Transport Stocks Crash After FedEx Issues Dire Warning
- Transports stocks are taking a hit today, after FedEx Corporation (NYSE:FDX) issued a dire profit warning, with the company's CEO telling CNBC's Jim Cramer that he believes the global economy is heading for a "worldwide recession.
- 09/16/2022
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FedEx stock plunges on brutal profit warning
- Yahoo Finance Live anchors Brian Sozzi, Brad Smith and Julie Hyman discuss stock performance for FedEx.
- 09/16/2022
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Dow falls more than 300 points after FedEx warns of global recession
- US stocks fell on Friday morning after FedEx served investors a brutal pre-earnings announcement about the state of the global economy.
- 09/16/2022
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Jim Cramer: My interview with FedEx CEO Raj Subramaniam 'made my jaw drop'
- 'Mad Money' host Jim Cramer joins 'Squawk Box' ahead of the market open on Friday to discuss FedEx CEO Raj Subramaniam's warning of a "worldwide recession."
- 09/16/2022
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FedEx (FDX) Drops 16.58% on Dismal Q1 Preliminary Results
- Macroeconomic weakness in Asia and service challenges in Europe are likely to hurt results of FedEx's (FDX) Express segment in Q1.
- 09/16/2022
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US stocks drop as FedEx's warning highlights recession concerns before the Fed's next rate hike
- FedEx said it saw softness in global volume accelerate during the final weeks of its fiscal first quarter.
- 09/16/2022
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U.S. stocks open lower Friday after FedEx profit warning, on track for weekly losses
- U.S. stocks opened lower after a FedEx profit warning and as investors worry about rising interest rates in the wake of inflation running hotter than expected in August. The Dow Jones Industrial Average DJIA, -1.09% fell 1.1% soon after the opening bell, while the S&P 500 SPX, -1.15% dropped 1% and the Nasdaq Composite COMP, -1.42% slid 1.3%, according to FactSet data, at last check.
- 09/16/2022
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Did This Single Stock Just Signal a Deep Recession?
- Markets are falling Friday morning as investors try to digest the implications of the latest news from an industry leader.
- 09/16/2022
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FedEx shares plummet after the company withdraws guidance, CEO warns of 'worldwide recession'
- CNBC's Frank Holland joins 'Squawk Box' to break down shares of FedEx, which fell sharply after the shipping company pulled its guidance and warned of a "worldwide recession."
- 09/16/2022
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FedEx Just Delivered Terrible Earnings News
- FedEx missed quarterly earnings and withdrew earnings guidance for the full year after the close of trading on Thursday.
- 09/16/2022
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FedEx cuts sales forecast by half a billion dollars, warning of a slowing economy
- FedEx shares plunged 21% in premarket trading Friday after it warned last Thursday that a slowing economy will cause it to fall $500 million short of its revenue target.
- 09/16/2022
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Deutsche Bank: FedEx's problems aren't only macro, they're also specific to the company
- Amit Mehrotra of Deutsche Bank discusses FedEx's profit warning and whether the issues the company is experiencing are also being felt by the competition such as UPS.
- 09/16/2022
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FedEx stock tanks after company withdraws outlook, says year is about to get worse
- FedEx Corp. shares fell nearly 17% in the extended session Thursday after the logistics company pulled its outlook for the year, called for significantly lower quarterly profit and lower revenue, and said that fiscal 2023 is about to become worse.
- 09/16/2022
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Wall Street Abandons FedEx Too Late. It's Still Too Early To Buy The Stock.
- FedEx announced preliminary fiscal first quarter results that were well below expectations. Shares are down.
- 09/16/2022
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Stock Market Tumbles As Hot Inflation Enflames Fed Fears; Adobe, FedEx, Nucor Fall Sharply: Weekly Review
- The stock market suffered big losses after Tuesday's hot inflation report signaled the Fed will be hiking rates aggressively for longer. The post Stock Market Tumbles As Hot Inflation Enflames Fed Fears; Adobe, FedEx, Nucor Fall Sharply: Weekly Review appeared first on Investor's Business Daily.
- 09/16/2022
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UPS stock falls after FedEx profit warning, but Citi sees better execution and market share gains
- Shares of United Parcel Service Inc. UPS, -3.12% dropped 6.7% in premarket trading toward a three month low, weighed down by rival package deliver FedEx Corp.'s FDX, -0.07% profit and revenue warning, but Citi analyst Christian Wetherbee said UPS appears to be managing the tough macro environment better than its rival. FedEx's stock plunged 19.6% toward a two-year low, after saying late Thursday that it suffered lower global volumes, a trend that worsened toward the end of the quarter and is expected to weaken further in the current quarter.
- 09/16/2022
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FedEx Delivers Stark Warning—Is it The Economy Or The Company?
- FedEx delivered a definitely gloomy and possibly foreboding set of earnings.
- 09/16/2022
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Is FedEx Stock Bottoming Out?
- FedEx stock (NYSE: FDX) is down 21% this year, compared to a 17% fall for the broader S&P500 index.
- 09/16/2022
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FedEx shares sink over 19% after the delivery giant ditches its earnings outlook and warns of a worsening global economy
- The air delivery and shipping company warned that shipping volumes were declining due to an economic downturn.
- 09/16/2022
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Futures fall on FedEx warning, recession fears
- U.S. stock index futures slipped on Friday, extending falls from overnight, after logistics industry bellwether FedEx withdrew its financial forecast and recession warnings from the World Bank and the International Monetary Fund.
- 09/16/2022
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‘Simply staggering.' FedEx hit with downgrades, price target cuts as warning shocks Wall Street.
- A profit warning from FedEx was ringing alarm bells for Wall Street and beyond on Friday, with shares of the economic bellwether slumping as analysts piled on downgrades and price target cuts.
- 09/16/2022
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European delivery rivals slump after FedEx profit warning
- Shares of European delivery firms skidded Friday morning after a profit warning from FedEx FDX, -0.07% . Royal Mail RMG, -11.52% shares skidded 10% in London, while DHL owner Deutsche Post DPW, -6.95% stock slid 7% in Frankfurt.
- 09/16/2022
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FedEx plunge, consumer sentiment and more: Friday's 5 things to know
- FedEx shares plunged after the company reported that it was closing some stores, offices and scheduling fewer flights in cost saving measures.
- 09/16/2022
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FedEx Corp sees first quarter missing estimates, pulls full-year forecast amid global demand warning
- FedEx Corp has pulled the full-year financial guidance it issued just three months ago after forecasting below-forecast first-quarter revenue and profit as a global demand slowdown accelerates. Shares in the global delivery firm dropped over 16% in after-hours trade on Thursday following the news.
- 09/16/2022
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FedEx closing stores, offices, delaying hires
- FedEx is cutting back. The delivery giant said it is closing some stores and offices and also delaying hiring new employees due to a decline in its package delivery business.
- 09/16/2022
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FedEx (FDX) Stock: Why It Fell 16.58% After Hours
- The stock price of FedEx Corp. (NYSE: FDX) fell by 16.58% after hours today. This is why.
- 09/15/2022
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FedEx Closes Stores and Grounds Planes as eCommerce Volume Falls
- FedEx is closing offices and parking aircrafts to deal with revenue for the quarter that was below expectations, The Wall Street Journal (WSJ) reported. The closures will help it deal with the declining volumes of packages moving around the world.
- 09/15/2022
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Jim Cramer gives his take on FedEx's first quarter results
- CNBC's Jim Cramer offered his thoughts on FedEx's earnings announcement and what it means for the economy on Thursday's episode of "Mad Money."
- 09/15/2022
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FedEx CEO says he expects the economy to enter a 'worldwide recession'
- CNBC's Jim Cramer spoke with FedEx CEO Raj Subramaniam on Thursday's episode of "Mad Money."
- 09/15/2022
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Cramer says investors should remain calm after FedEx's bad quarter but brace for more economic pain
- The "Mad Money" host explained why investors shouldn't panic about the economy on Thursday's episode of the show.
- 09/15/2022
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FedEx warns on earnings
- CNBC's Frank Holland joins 'Fast Money to discuss FedEx issuing a warning ahead of its earnings report. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Courtney Garcia and Dan Nathan.
- 09/15/2022
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FedEx stock slid 15% in after-hours: explore why
- FedEx Corporation (NYSE: FDX) is down nearly 15% in extended trading after the logistics company reported weak results for its fiscal first quarter and disappointed on guidance as well. FedEx withdraws full-year guidance The multinational earned $3.44 a share on $23.2 billion in sales.
- 09/15/2022
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Purge of New Data Can't Turn Around Markets
- September is also the month when the steady removal of assets on the Fed's balance sheet doubles.
- 09/15/2022
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Cramer says investors should remain calm after FedEx's bad quarter but brace for more economic pain
- Cramer outlined three reasons why investors shouldn't let the company's bad quarter scare them needlessly.
- 09/15/2022
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FedEx withdraws full-year guidance, posts massive decline in unit's operating income
- In a stunning move just a week before reporting its fiscal 2023 first-quarter results, FedEx Corp. late Thursday withdrew its financial guidance for the rest of its fiscal year, and updated its first-quarter earnings per share results to come in massively below analysts' consensus forecasts. The company said that adjusted earnings per share will come in at $3.44, a far cry from analysts consensus' estimates of $5.14 a share.
- 09/15/2022
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FedEx CEO says he expects the economy to enter a ‘worldwide recession'
- The CEO's pessimism came after FedEx missed estimates on revenue and earnings in its first quarter.
- 09/15/2022
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Dow Jones Falls As Selling Continues; FedEx Warns, Cites Worsening Trends
- The Dow Jones Industrial Average hit a recent low, while tech stocks led the stock market lower Thursday. Tesla is a stock to watch.
- 09/15/2022
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FedEx Stock Dives As Delivery Giant Withdraws Earnings Guidance
- The delivery giant missed Q1 views and pulled full-year guidance as weaker economic trends hit global volumes. FedEx stock dived.
- 09/15/2022
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Why Is FedEx (FDX) Stock Tanking After Hours - FedEx (NYSE:FDX)
- FedEx Corp (NYSE: FDX) shares are trading lower in Thursday's after-hours session after the company reported
- 09/15/2022
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FedEx Just Delivered Terrible Earnings News. The Stock Is Tanking.
- FedEx missed quarterly earnings and withdrew earnings guidance for the full year after the close of trading on Thursday.
- 09/15/2022
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FedEx moves to cut costs, withdraws 2023 guidance after first-quarter shipments disappoint
- FedEx withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments.
- 09/15/2022
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FedEx Reports After The Close On 9/22 -- Options Contracts Expire The Next Day
- According to NextEarningsDate.com, the FedEx FDX next earnings date is projected to be 9/22 after the close, with earnings estimates of $5.18/share on $23.61 Billion of revenue.
- 09/15/2022
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Blue Chip Stocks to Avoid Right Now
- It was an ugly first half of the week – no thanks to the shocking consumer inflation report – and the market is still struggling to find momentum in the second half of the week. As you may recall, markets fell sharply on Tuesday in reaction to the inflation surprise, with the S&P 500 falling 4.32% and the Dow and NASDAQ falling 3.94% and 5.16%, respectively.
- 09/15/2022
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Q3 Earnings Season Gets Underway
- Q3 earnings growth would be +3.9% had it not been for the Finance sector drag, but index earnings would actually be down -5.4% had it not been for the strong Energy sector contribution.
- 09/14/2022
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FedEx sets earlier cutoffs for accepting holiday shipments
- U.S. shippers using FedEx Corp.'s surface transport offerings to move their peak-season shipments will have to comply with earlier cutoffs than last year if they expect them to arrive by Christmas. FedEx (NYSE: FDX) has set a Dec. 14 deadline for shippers using its FedEx Ground and Home Delivery services.
- 09/14/2022
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7 Undervalued Blue-Chip Stocks to Buy Now
- Undervalued blue-chip stocks are a little easier to come by nowadays as the market gives back gains. There are bargains to be found for investors who can stomach short-term volatility.
- 09/13/2022
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Consumers want, but don't expect, Sunday parcel deliveries, survey finds
- Parcel deliveries to residences on Sundays is not a mainstream offering. But that doesn't mean folks don't want it.
- 09/13/2022
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2 Dividend-Paying Air Freight & Cargo Stocks You May Count On
- Here we pick two Air Freight and Cargo stocks, Union Parcel (UPS) and FedEx (FDX), which have raised dividends even amid coronavirus woes.
- 09/13/2022
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7 Screaming Buy Stock Picks to Beat the September Market Slump
- Finding stock picks to beat the market are rare finds nowadays. In September stock markets began on downbeat momentum following the S&P 500 rally throughout the summer.
- 09/13/2022
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UPS Gears Up for Holiday Season, To Hire 100,000 Plus Workers
- UPS expects to reiterate its superior on-time performance in 2022, alike the success graph witnessed in 2021's holiday season.
- 09/12/2022
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Investors Heavily Search FedEx Corporation (FDX): Here is What You Need to Know
- Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 09/12/2022
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JPMorgan cuts FedEx price target to $258
- Yahoo Finance Live's Brian Sozzi discusses FedEx stock performance amid a JPMorgan analyst's decision to cut the transport company's price target to $258.
- 09/09/2022
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UPS lies low as FedEx Ground contractor dispute simmers
- In normal times, UPS Inc. wouldn't hesitate to capitalize on turmoil at its chief rival, FedEx Corp., to pursue business from anxious FedEx shippers. But the ongoing set-to involving FedEx Ground's driver contractor network is not a normal time.
- 09/08/2022
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Previewing the Q3 Earnings Season as Estimates Slide
- Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset those estimate cuts elsewhere.
- 09/07/2022
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Wall Street Remains Rangebound
- Wall Street Remains Rangebound.
- 09/07/2022
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Three Stock Lunch: VZ, FDX & NCL
- Craig Johnson, Piper Sandler managing director and chief market technician, joins 'Power Lunch' to deliver his investing take on three stocks: Verizon, FedEx and Norwegian Cruise Lines.
- 09/06/2022
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Citi downgrades FedEx to neutral as near-term outlook grows murky
- The "Halftime Report" traders debate the biggest analyst calls of the day.
- 09/06/2022
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Analyst: FedEx Stock Faces Too Many Headwinds
- This morning, Citigroup downgraded F edEx Corporation (NYSE:FDX) to "neutral" from "buy," and lowered its price target to $225 from $270.
- 09/06/2022
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FedEx Ground head faces contractor group's no-confidence vote
- A former FedEx Corp delivery contractor on Tuesday called for a no-confidence vote by contractors against FedEx Ground Chief Executive John Smith, escalating a conflict with the parcel delivery firm.
- 09/06/2022
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2 Amazing Anti-Bubble Dividend Blue-Chip Bargains
- Today's stock market refuses to rally or crash, frustrating both bulls and bears. While the S&P 500 is at 17X forward earnings, historically fairly valued, anti-bubble blue-chip bargains are plentiful if you know where to look.
- 09/01/2022
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Two-Minute Drill: FedEx, Verizon & Baxter
- Burns McKinney, NFJ Investment, joins ‘Closing Bell: Overtime' to give his take on FedEx, Verizon and Baxter.
- 08/31/2022
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Best Stocks To Invest In Right Now? 3 Defensive Stocks To Know
- Are these the best defensive stocks to invest in right now?
- 08/30/2022
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Here is What to Know Beyond Why FedEx Corporation (FDX) is a Trending Stock
- FedEx (FDX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 08/29/2022
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Is Your Investment Portfolio Down Big? Consider These 3 Blue Chip Dividend Stocks
- These quality companies can continue to perform for decades to come.
- 08/28/2022
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FedEx On Sale For A Limited Time Only
- FedEx's recent price drop is an opportunity to get the parcel delivery company on the cheap. Investors have recently turned negative on the company's outlook given the increasing fuel and labor costs, independent contractors publicly voicing their frustration with the company.
- 08/27/2022
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FedEx cuts ties with ground delivery contractor, files suit
- FedEx has cut ties with one of its largest delivery contractors after suing him for spreading misinformation about the company.
- 08/27/2022
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FedEx Ground sues delivery contractor for creating ‘fictionalized crisis'
- FedEx Ground has sued one of its largest delivery contractors, claiming he is spreading false and misleading information about the company and its relationships with contractors to boost the fortunes of his web of businesses. In a filing early Friday, the U.S. ground-delivery unit of FedEx Corp. (NYSE: FDX) accused Spencer Patton of “creating a fictionalized crisis” between FedEx Ground and its approximately 6,000 contractors so he could drive contractor business to his companies.
- 08/26/2022
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FedEx files injunction against delivery contractor Spencer Patton
- FedEx Corp on Friday asked a federal judge in Tennessee to stop one of its largest delivery contractors from "disparaging" its business "through a series of false and misleading statements about (FedEx Ground's) commercial activities."
- 08/26/2022
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FedEx files lawsuit against its largest contractor over holiday peak shipping
- A Black Friday battle is intensifying between FedEx and a key contractor issuing a holiday-peak ultimatum. CNBC's Frank Holland joins 'Squawk Box' with the details.
- 08/26/2022
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FedEx missteps fuel contractor's crusade as pandemic delivery boom fades
- Package carrier FedEx Corp is facing a threat from an unusual source - one of its biggest delivery contractors.
- 08/26/2022
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FedEx partners threaten to halt holiday deliveries
- People hoping to get their holiday shopping delivered on time could be caught in the middle of a growing battle between FedEx and thousands of contractors who deliver most FedEx packages.
- 08/25/2022
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FedEx's Pricing Power Is A Huge Flex
- Some of the cost pressures that consumer-facing entities are facing, as in the form of higher freight and logistics expenses, are playing right into the hands of FedEx. We think FedEx is better positioned to pass along costs than many, and for that reason, we think it will hold up better should the U.S. enter a recession.
- 08/25/2022
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FedEx Stock And This E-Commerce Giant May Offer Similar Returns
- We think FedEx stock (NYSE: FDX) and Amazon stock (NASDAQ: AMZN) may offer similar returns over the next few years.
- 08/25/2022
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FedEx, UPS stocks drop after Evercore takes more cautious tone
- Shares of United Parcel Service Inc. and FedEx Corp. fell in Monday trading after Evercore ISI weighed in with cautious calls on both transportation names.
- 08/22/2022
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FedEx Ground's largest contractor warns delivery collapse coming due to inflation
- Route Consultant founder and president Spencer Patton explains how FedEx Ground's delivery network is at risk of collapse due to inflationary pressures. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
- 08/19/2022
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FedEx Ground contractors demand inflation help to prevent delivery collapse: ‘Enormous financial stress'
- FedEx Ground's largest contractor criticizes the delivery company for touting revenue margins while leaving its contractors to pay for high diesel prices and vehicle costs.
- 08/19/2022
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Sky isn't falling at FedEx Ground, two contractors say
- On Saturday afternoon, Spencer Patton, the leader of an effort to improve the lot of contractors that pick up and deliver packages for FedEx Corp.'s (NYSE: FDX) ground-delivery unit, will speak before a gathering of about 3,000 contractors in Las Vegas. Patton, who has warned of major stresses on the FedEx Ground contractor network that will require the company to make major changes in order to resolve, is expected to talk for more than an hour.
- 08/19/2022
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Is Trending Stock FedEx Corporation (FDX) a Buy Now?
- Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 08/17/2022
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FedEx Ground contractor backs off request for broad financial reimbursements
- A FedEx Ground driver contractor spearheading an effort to convince the FedEx unit that many of its 6,000 contractors are in dire need of financial help has backed off a request that the unit boost per-stop and line-haul rates for its contractors. Spencer Patton, who runs a 10-state territory that delivers packages for FedEx Ground, said through a spokesman that he doesn't want to focus on one-size-fits-all numbers because he wants to be sensitive to every contractor's unique financial situation.
- 08/15/2022
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7 Discount Stocks to Buy Trading Down at Least 20%
- With big names continuing to struggle, there are discount stocks to buy out there that may not stay this cheap for much longer. The stock market is rife with opportunity currently.
- 08/10/2022
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The ‘Fave Five' Space Stocks to Buy on the Dip
- Source: InvestorPlace [Editor's note: “The ‘Fave Five' Space Stocks to Buy on the Dip ” was previously published in March 2021 . It has since been updated to include the most relevant information available.
- 08/09/2022
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FedEx unit to test Ford's electric vans for parcel delivery
- FedEx Office will pilot Ford Motor Co's electric vans to pickup and deliver parcels in some regions, the unit of FedEx Corp said on Tuesday, as part of the delivery giant's move to cut its fleet's tailpipe emissions.
- 08/09/2022
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7 Blue-Chip Stocks to Buy Now for Growth and Dividends
- Investors looking for blue-chip stocks to buy generally are looking for companies that are reliable, consistent, profitable and focused on shareholder returns. Blue-chip stocks are less volatile than more speculative securities.
- 08/09/2022
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FedEx sets earlier start date for peak delivery surcharges
- FedEx Corp. will begin imposing 2022 peak-season surcharges on Labor Day and will apply certain ones based on weekly calculations that begin around mid-October and run until early December. In a complex and detailed table published Friday on the company's website, FedEx (NYSE: FDX) said that surcharges for the “additional handling” of domestic express and ground parcels, as well as for international ground service, will kick in on Sept.
- 08/08/2022
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FedEx: A Show-Me Story
- FedEx is one of the largest package delivery companies in the world with FY2022 revenues of $93.5 billion. Recently, FedEx issued lofty FY2025 goals of $105-110 billion in revenues and 10% operating margins.
- 08/03/2022
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Is FedEx A Good Defensive Stock for Your Portfolio?
- FedEx has diversified into industries that perform well in a recession. Its diversification makes it worth considering as a defensive stock pick.
- 08/03/2022
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FedEx Ground contractor forms advocacy trade group
- The driver contractor for FedEx Corp.'s ground-delivery unit who is spearheading an effort to improve the economic conditions of the unit's 6,000 contractors said Wednesday he has formed a trade group to represent all independent contractors in the logistics segment. The group, called the Trade Association for Logistics Professionals (TALP), will be open to all contractors who work in the logistics field.
- 08/03/2022
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FedEx buying $200M in Berkshire Grey warehouse robotics
- FedEx Corp. has agreed to purchase $200 million in warehouse robotics products and services from Berkshire Grey in exchange for warrants representing 25 million shares of Berkshire Grey stock. The stock warrants will vest incrementally for FedEx (NYSE: FDX) and be fully vested upon completion of the robotics contract, which is slated to conclude by 2025.
- 08/02/2022
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Is Most-Watched Stock FedEx Corporation (FDX) Worth Betting on Now?
- Recently, Zacks.com users have been paying close attention to FedEx (FDX). This makes it worthwhile to examine what the stock has in store.
- 08/02/2022
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Top Stocks To Buy Now? 4 Defense Stocks To Watch
- Should investors be paying attention to these top defense stocks in the stock market today?
- 08/01/2022
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Is FedEx Stock A Buy After Future Growth Guidance?
- FedEx stock is attractively valued. While there are macroeconomic headwinds, company-specific initiatives should drive earnings growth.
- 08/01/2022
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Pro explains why FedEx shares are worth owning amidst macro headwinds
- FedEx Corporation (NYSE: FDX) is trading at deep discount versus peers, which makes the stock worth owning here, says Elizabeth Evans. She's a Managing Partner at Evans May Wealth.
- 07/31/2022
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3 Stocks to Keep Tabs on in the Air Freight & Cargo Industry
- The upbeat demand scenario bodes well for the Zacks Transportation-Air Freight & Cargo industry, UPS, FDX and ATSG are well-poised to capitalize on this uptrend.
- 07/29/2022
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Evans: FedEx will benefit from leveraging pricing power and efficiency
- Elizabeth Evans, Managing Partner at Evans May Wealth, joins Worldwide Exchange to discuss this week's moves in the markets.
- 07/29/2022
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FedEx Ground acts to appease contractors by Sunday delivery suspension
- If FedEx Corp.'s (NYSE: FDX) ground-delivery unit wanted to extend an olive branch to driver contractors concerned about rising costs and slowing volumes, while at the same time protecting its competitive flank, it could have done worse than suspending Sunday deliveries across part of its nationwide network. Late Thursday, FedEx Ground said it would halt Sunday residential delivery services as of mid-August in what it described as “lower-population” markets where shippers would not be greatly affected.
- 07/22/2022
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FedEx cutting out deliveries in some markets on Sundays
- People living in more rural parts of the United States may soon have to wait longer for their deliveries after FedEx announced it is cutting back its Sunday deliveries in some areas.
- 07/22/2022
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FedEx to suspend Sunday deliveries in some U.S. markets
- FedEx Corp said on Thursday it is suspending Sunday delivery operations in some low-density, rural U.S. markets starting from Aug. 15.
- 07/21/2022
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FedEx suspending Sunday residential delivery in some markets
- FedEx Corp. FDX, is suspending Sunday residential delivery in certain U.S. markets starting next month, a move that comes amid pleas from its independent contractors in recent months for more compensation and a moderation in package volumes.
- 07/21/2022
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2 Dividend Stocks That Have Increased Their Payouts by More Than 40% in Just 3 Years
- Dividend growth streaks can be overrated.
- 07/21/2022
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Q2 Earnings Season Gets Underway
- Excluding the hefty contribution from the Energy sector, total Q2 earnings for the rest of the S&P 500 index are expected to be down -6.1% on +7.4% higher revenues.
- 07/13/2022
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This Emerging Tech Is the ‘Inflation Killer'
- Advanced supply chain localization via automation could turn today's inflation situation into a win-win for businesses and consumers. The post This Emerging Tech Is the ‘Inflation Killer' appeared first on InvestorPlace.
- 07/08/2022
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FedEx looks like a great buy if we don't go into a recession, says David Katz
- David Katz, Matrix Asset Advisors president and Chief Investment Officer, joins 'The Exchange' to discuss stocks and the Fed's rate hikes slowing down the economy.
- 07/07/2022
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Should You Buy, Sell, Or Hold FedEx Stock At $230?
- After an 11% fall year-to-date, at the current levels, we believe FedEx stock (NYSE: FDX) is undervalued.
- 07/07/2022
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How Much Clarity Will the Q2 Earnings Season Provide?
- The market has a sense of what should happen to earnings estimates, but it isn't seeing much of that just yet.
- 07/06/2022
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How Much Clarity Will the Q2 Earnings Season Provide?
- The market has a sense of what should happen to earnings estimates, but it isn't seeing much of that just yet.
- 07/06/2022
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What Are The Best Stocks To Invest In? 5 Defensive Stocks To Watch
- Could defensive stocks be the best way to navigate the second half of the year?
- 07/02/2022
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FedEx Stock Edges Lower on Berenberg Bear Note
- Berenberg downgraded FedEx Corporation (NYSE:FDX) to "hold" from "buy" this morning, calling the security a "show me story," while also slashing its price target to $275 from $330.
- 07/01/2022
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2 Rock-Steady Ideas From Citigroup With Over 15% Upside Potential
- After last week's bear market rally, stocks have given back a lot of their gains.
- 07/01/2022
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FedEx cut to hold from buy at Berenberg, amid 'cloudy macroeconomic outlook'
- FedEx Corp. FDX, -3.04% was downgraded to hold from buy, and its price target cut to $275 per share from $300 by Berenberg analysts, who said the shipping giant had become "too much of a 'show-me story. Shares had seen a recent reprieve amid a CEO change and apparent influence of an activist investor, analysts William Fitzalan Howard and Conor Dwyer said in a note on Friday.
- 07/01/2022
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FedEx Leaders Lay out Post-Pandemic Plans
- Top FedEx executives have laid out plans for helping the company recover over the next few years from the post-pandemic decline in online commerce, The Wall Street Journal (WSJ) reported Wednesday (June 28). “We have dealt with economic crises before,” CEO Raj Subramaniam said at the meeting, per the report.
- 06/30/2022
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FedEx (FDX) Sets Targets for Fiscal 2025, Stock Down 2.6%
- Adjusted operating margin at FedEx's (FDX) ground unit is expected in the 11-12% range for fiscal 2025.
- 06/30/2022
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Have Earnings Estimates Come Down Enough?
- Part of the uncertainty in the market at present is related to how earnings estimates should evolve in an aggressive Fed tightening cycle. The market has a sense of what should happen to earnings estimates, but it isn't seeing much of that just yet.
- 06/29/2022
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Have Earnings Estimates Come Down Enough?
- Part of the uncertainty in the market at present is related to how earnings estimates should evolve in an aggressive Fed tightening cycle. The market has a sense of what should happen to earnings estimates, but it isn't seeing much of that just yet.
- 06/29/2022
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FedEx launches long-awaited operational integration
- FedEx Corp. said Wednesday it has launched a long-awaited strategy to integrate all of its operations, a move that signals the end of the operationally siloed business model that was the hallmark of FedEx's first 50 years. The strategy, Network 2.0, will cost about $2 billion to implement over the next five years, company executives said during a meeting of analysts and investors at its Memphis, Tennessee, headquarters.
- 06/29/2022
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FedEx Bucking Recessionary Trends With Price Increases
- During the past several weeks, we've grown increasingly concerned about the health of consumer-tied entities across the consumer staples and consumer discretionary spaces. Consumer-tied businesses are facing tremendous cost pressures, but some of those cost pressures are freight and logistics expenses, which might play into the hands of FedEx and rival UPS.
- 06/29/2022
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FedEx pilots unhappy as UPS, United take lead on new contracts
- Pilots for FedEx Express are frustrated that they don't have a new collective bargaining agreement in hand after more than a year of talks, while counterparts at UPS and United Airlines are on track for substantial compensation increases in pending contract agreements. In fact, all of the major U.S. airlines are negotiating new contracts with their pilots.
- 06/29/2022
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FedEx Outlines Bold Goals For the Future. Why the Stock Is Still Falling.
- FedEx predicts that it will make more money in coming years than Wall Street projects, but the stock isn't acting like it.
- 06/29/2022
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FedEx stock dips 4% despite CEO modelling double-digit returns
- Shares of FedEx Corporation (NYSE: FDX) are down 5.0% this morning even after the transport company said it was targeting annualised total shareholder return of up to 22% through fiscal 2025. CEO Subramaniam outlines new growth plan The American multinational is hosting its “Investor Day” in Memphis on Wednesday.
- 06/29/2022
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FedEx CEO Raj Subramaniam outlines company's new growth plan
- FedEx CEO Raj Subramaniam sits down with CNBC's Frank Holland at FedEx's first investor meeting in a decade to break down the company's forward outlook.
- 06/29/2022
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FedEx's new CEO to chart growth plan as challenges mount
- FedEx Corp's new chief executive on Wednesday will lay out long-term growth plans for the global shipping firm that is grappling with cooling economies, rampant inflation and pressure from both an activist investor and unhappy delivery contractors.
- 06/29/2022
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Final Trades: Wynn Resorts, General Mills, FedEx & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 06/28/2022
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The Most Upgraded Stocks To Buy Before The 2nd Half Starts
- A single upgrade is rarely enough to move a stock price very much but a series of upgrades often are. That's why we like to screen for the most upgraded stocks and what we've found today is interesting.
- 06/28/2022
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Up Around 20% In A Month, Will FedEx Stock Continue To See Higher Levels?
- FedEx reported its Q4 results last week with revenue of $24.4 billion, reflecting 8% y-o-y growth and earnings of $6.87 on a per share and adjusted basis, compared to $5.01 in the prior-year quarter.
- 06/28/2022
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Investors could do 'a lot worse' than FedEx here, Jim Cramer says
- The "Mad Money" host gave his take on FedEx as an investable stock on Monday's episode of the show.
- 06/27/2022
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Range-Bound FedEx Is Moving Higher
- Shares of FedEx (NYSE: FDX) soared in the wake of the Q4 earnings and they look like they will move even higher but the gains will likely be capped at the all-time high. While the company's guidance for fiscal 2023 is well above expectations the analysts are not so sure they can be reached.
- 06/27/2022
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4 Top Dividend Stocks To Watch Amid Recession Concerns
- Do these dividend stocks have a place in your portfolio right now?
- 06/26/2022
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FedEx stock rises on strong guidance, Blackberry shares pop, cruise line stocks soar into summer
- Yahoo Finance anchors Rachelle Akuffo, Emily McCormick and Dave Briggs discuss the triple play stocks of the day including; FedEx shares up after reporting stronger-than-expected guidance, Blackberry stock rising after a promising software outlook, and cruise line stocks are up ahead of the summer travel season.
- 06/24/2022
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LTL steals the FedEx quarterly show
- Amid all the talk of planes and parcels, it's easy to forget that FedEx Corp.'s LTL business, once the company's problem child, has become the golden child. A business unit that accounts for about 10% of FedEx's (NYSE: FDX) fiscal 2022 fourth-quarter revenue will never be the tail that wags the $92 billion annual revenue dog.
- 06/24/2022
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Why Shares Of FedEx Are Trading Higher Today
- FedEx (NYSE: FDX) shares are trading higher after the company issued FY23 guidance above estimates, offsetting worse-than-expected fourth quarter sales results. FedEx reported quarterly earnings of $6.87 per share which met the analyst consensus estimate.
- 06/24/2022
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FedEx Earnings Puts ETFs in Focus
- FedEx missed on earnings but beat the revenue estimates. The parcel company issued a stronger-than-expected full-year forecast for fiscal 2023.
- 06/24/2022
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FedEx Is Not Planning for Recession, Sees eCommerce Leading Growth
- After closing out a record fourth quarter and fiscal full year, FedEx turned its sights on the year to come, telling investors that it does not foresee a recession but is expecting low single-digit volume growth in package deliveries led by continued outperformance of its eCommerce customers. The comments from the Memphis-based delivery and logistics […]
- 06/24/2022
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FedEx (FDX) Stock Pops on Strong Q4 Earnings Report
- FedEx (FDX) stock is gaining on Friday following the release of the delivery company's earnings report for its fiscal fourth quarter of 2022. The post FedEx (FDX) Stock Pops on Strong Q4 Earnings Report appeared first on InvestorPlace.
- 06/24/2022
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FedEx Stock Pops on Strong Earnings Guidance: 5 Metrics Investors Should See
- The package delivery giant delivered fiscal year 2023 earnings guidance that beat Wall Street's expectation.
- 06/24/2022
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FedEx (FDX) Q4 Earnings Miss, Stock Up on Upbeat FY23 View
- FedEx's (FDX) Q4 results benefit from higher revenues across all segments, partly hurt by high costs and supply chain disruptions. The company provides bullish earnings guidance for fiscal 2023.
- 06/24/2022
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FedEx Corporation (FDX) CEO Raj Subramaniam on Q4 2022 Results - Earnings Call Transcript
- FedEx Corporation (NYSE:FDX ) Q4 2022 Earnings Conference Call June 23, 2022 5:00 PM ET Corporate Participants Mickey Foster - Vice President of Investor Relations Raj Subramaniam - President and Chief Executive Officer Brie Carere - Executive Vice President and Chief Customer Officer Mike Lenz - Executive Vice President and Chief Financial Officer Conference Call Participants Brandon Oglenski - Barclays Jack Atkins - Stephens Chris Wetherbee - Citi Amit Mehrotra - Deutsche Bank Tom Wadewitz - UBS Jon Chappell - Evercore ISI Allison Poliniak - Wells Fargo Jordan Alliger - Goldman Sachs Ken Hoexter - Bank of America Brian Ossenbeck - JPMorgan Bascome Majors - Susquehanna Helane Becker - Cowen Scott Group - Wolfe Research David Vernon - Bernstein Scott Schneeberger - Oppenheimer Todd Fowler - KeyBanc Capital Markets Bruce Chan - Stifel Jeff Kaufman - Vertical Research Partners Operator Good day, everyone, and welcome to the FedEx Corporation Fourth Quarter Fiscal Year 2022 Earnings Conference Call. Today's call is being recorded.
- 06/23/2022
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7 Stocks to Buy Right Now
- These stocks to buy are down with the broader market, making them attractively price for investors who are searching for bargains. The post 7 Stocks to Buy Right Now appeared first on InvestorPlace.
- 06/23/2022
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FedEx (FDX) Lags Q4 Earnings Estimates
- FedEx (FDX) delivered earnings and revenue surprises of -0.58% and 0.46%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?
- 06/23/2022
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FedEx up on Q4 earnings: ‘we expect further momentum in fiscal 2023'
- FedEx Corporation (NYSE: FDX) reported in-line earnings for its fiscal fourth quarter on Thursday. Shares are up 3.0% in extended trading on better-than-expected guidance for fiscal 2023.
- 06/23/2022
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FedEx Earnings Forecast Beats Estimates
- FedEx Corp. forecast annual earnings above analysts' expectations and posted quarterly profit that matched estimates as the courier benefits from higher package prices and resolves some operating snags tied to the labor shortage. The shares rose in late trading.
- 06/23/2022
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FedEx stock pops after hours on strong earnings forecast
- Yahoo Finance's Jared Blikre breaks down quarterly earnings for FedEx.
- 06/23/2022
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FedEx Q4 Earnings Highlights: Revenue Miss, EPS In-Line, 2023 Guidance, Share Buyback And More
- Shipping and logistics company FedEx Corp (NYSE: FDX) reported fourth-quarter and full-year earnings after the market close Thursday. Here are the key highlights.
- 06/23/2022
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FedEx expects higher profits in fiscal 2023
- FedEx Corp. stock rose more than 3% in the extended session Thursday after the delivery and logistics company reported quarterly earnings within analyst expectations and said that it expects higher profits in its next fiscal year.
- 06/23/2022
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FedEx profit rises as challenges persist
- FedEx Corp reported higher quarterly earnings on Thursday, despite persistent labor woes and softening volume in its Ground unit that handles the bulk of its e-commerce home deliveries and drives the company's growth.
- 06/23/2022
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How FedEx Stock Looks Heading Into The Q4 Earnings Print
- FedEx Corporation (NYSE: FDX) opened slightly higher on Thursday but bumped into the 200-day simple moving average (SMA), rejected the area as resistance and began to fall lower. The transportation, e-commerce and services-based company is set to print fourth-quarter and full-year 2022 financial.
- 06/23/2022
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I bought FedEx as a trade and may turn it into an investment, says Josh Brown
- Ritholtz Wealth Management's Josh Brown weighs in on FedEx. And Brenda Vingiello discusses UPS.
- 06/23/2022
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3 Dirt Cheap Dividend Stocks to Buy Hand Over Fist
- These stocks offer dividend yields ranging from 2% to an astronomical 7.1%.
- 06/23/2022
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5 Stocks To Watch For June 23, 2022: FedEx, Accenture And More
- Some of the stocks that may grab investor focus today are: Wall Street expects Accenture plc (NYSE: ACN) to report quarterly earnings at $2.74 per share on revenue of $15.35 billion before the opening bell. Accenture shares fell 0.7% to $284.35 in after-hours trading.
- 06/23/2022
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FedEx shows how to boost a stock in two simple steps
- Who says pleasing fickle investors on Wall Street is hard? FedEx delivered its biggest daily stock jump since the mid-1980s last week, surging more than 14% on June 14 after doing two relatively easy things: The company increased its dividend by a whopping 53% and reached a deal with an activist shareholder to bring on some new board members.
- 06/22/2022
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Cash Dividend On The Way From FedEx
- On 6/24/22, FedEx will trade ex-dividend, for its quarterly dividend of $1.15, payable on 7/11/22. As a percentage of FDX's recent stock price of $229.99, this dividend works out to approximately 0.50%.
- 06/22/2022
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Earnings Previews: BlackBerry, CarMax, Carnival, FedEx
- The three major U.S. equity indexes closed higher Tuesday, with the Nasdaq adding 2.51%, the S&P 500 rising by 2.45% and the Dow Jones industrials closing up 2.15%.
- 06/22/2022
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Geopolitical Conflict, Not Fed, is the Main Concern for Stocks
- At this stage, it will be better to stay with quality stocks with a favorable Zacks Rank. These are: CSX, FDX, LMT, AVGO and EPD.
- 06/22/2022
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FedEx Plots Its Future While Investors Wait on the Here and Now
- FedEx announces an alliance with FourKites designed to make managing supply chains easier.
- 06/22/2022
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FedEx Earnings Preview: Still Undervalued With The Activist DE Shaw Now Involved
- DE Shaw's activist stake of 1% in the stock has led to a much higher dividend and two independent directors on the Board, with an option for an agreed-upon 3rd director. The "macro" of a returning-to-normal e-commerce and regular overnight volume is still impacting FDX operations.
- 06/21/2022
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FedEx: Still A Buy Despite 14% Share Jump
- My DCF Model shows that FedEx is currently still undervalued despite the fact that FedEx shares jumped by 14% on June 14. The DCF Model I have used calculates a fair value of $297 for FedEx. This still results in an upside of 28.1%.
- 06/21/2022
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UPS and FedEx are good dividend stocks, but which should you take?
- United Parcel Service, Inc. (NYSE:UPS) and FedEx Corporation (NYSE:FDX) are two robust logistics companies. Both companies enjoyed stellar gains during the pandemic as online purchases rose.
- 06/21/2022
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GM delivers 150 electric vans to FedEx
- General Motors' electric delivery van subsidiary, BrightDrop, has delivered 150 vans to FedEx, the companies announced Tuesday. This comes after five of the vans were delivered to FedEx last December and it marks BrightDrop's first sizable delivery of vans.
- 06/21/2022
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FedEx: Huge Upside Potential
- FedEx stock will show its real value with a boost from multiple catalysts in the upcoming quarters. FedEx has completed its long-awaited integration with TNT Express. This move is expected to expand FedEx operations in Europe.
- 06/21/2022
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FedEx shifts from EV delivery truck testing to adoption
- FedEx Corp has 150 BrightDrop zero-emissions delivery trucks rolling on Los Angeles streets and highways as it transitions from electric vehicle testing to adoption.
- 06/21/2022
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Checking in With FedEx Stock Ahead of Earnings
- Shipping giant FedEx Corporation (NYSE:FDX) is gearing up to report fiscal fourth-quarter earnings after the close this Thursday, June 23.
- 06/21/2022
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FedEx receives first 150 electric delivery vehicles from GM's BrightDrop
- FedEx Corp. FDX, +2.04% said Tuesday it has received the first 150 electric delivery vehicles from GM GM, +1.46% unit BrightDrop, marking a milestone on the path to transforming its service fleet to an all-electric, zero-tailpipe emissions one by 2040. The first BrightDrop Zevo 600s were delivered to FedEx Express in Southern California, the company said.
- 06/21/2022
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Investors Should Bet on FedEx (FDX) Stock Now: Here's Why
- Upbeat e-commerce demand aids FedEx (FDX).
- 06/20/2022
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5 Stocks in S&P 500 ETF That Gained Last Week
- The S&P 500 wrapped up its worst week since March 2020, tumbling 5.8%. Despite the massive decline, some of the stocks in SPY?
- 06/20/2022
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Analyst: FedEx Stock Has Upside Potential Ahead of Earnings
- FedEx (FDX, $227.14) headlines this week's light earnings calendar, with the shipping giant slated to report its fiscal fourth-quarter results after the June 23 close. FDX made waves last week when it announced a massive dividend hike – boosting its quarterly payout by 53% to $1.15 per share.
- 06/20/2022
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Two Companies With Dividend Increases Despite The Current Recession
- This article will highlight two dividend stocks that announced dividend increases this year. It would be best if you considered them in your portfolio.
- 06/18/2022
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Final Trades: ORCL, XLE, XOM & FDX
- The traders make their final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Courtney Garcia, Jeff Mills and Steve Grasso.
- 06/17/2022
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Looking for Guidance to Reset Earnings Expectations
- With respect to the evolution of earnings estimates, we should point out that while estimates have come down a bit, they are nowhere near what would be consistent with a significant economic slowdown.
- 06/17/2022
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Wall Street Analysts Think FedEx (FDX) Could Surge 34%: Read This Before Placing a Bet
- The consensus price target hints at a 33.8% upside potential for FedEx (FDX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 06/17/2022
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FedEx (FDX) Is Attractively Priced Despite Fast-paced Momentum
- FedEx (FDX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 06/17/2022
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FedEx (FDX) to Report Q4 Earnings: What's in the Offing?
- High costs may dent FedEx's (FDX) Q4 bottom-line performance.
- 06/16/2022
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4 Stocks Reporting Earnings the Week of June 20
- Earnings season is winding down, but these companies still have to report results in coming days amid a difficult market environment. The post 4 Stocks Reporting Earnings the Week of June 20 appeared first on InvestorPlace.
- 06/16/2022
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FedEx Reports After The Close On 6/23 — Options Contracts Expire The Next Day
- According to NextEarningsDate.com, the FedExFDX next earnings date is projected to be 6/23 after the close, with earnings estimates of $6.87/share on $24.57 Billion of revenue.
- 06/15/2022
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FedEx (FDX) Stock Up 14% on Dividend Hike & Board Changes
- FedEx's (FDX) efforts to reward shareholders through dividends and buybacks are encouraging. The company adds two independent directors to the board in coordination with activist investor D.
- 06/15/2022
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FedEx (FDX) Moves 14.4% Higher: Will This Strength Last?
- FedEx (FDX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 06/15/2022
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FedEx: A Catalyst For Upside
- The management team at FedEx announced a few developments that served as a catalyst to drive shares higher. This could set the stage for FedEx to create further value in creative ways moving forward, which investors seem to think is likely.
- 06/15/2022
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3 Super-Safe Dividend Stocks to Buy
- Dividend payments are an important source of stock-based compensation. Individual retail investors count on dividend payments for income, often when they are retired.
- 06/15/2022
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FedEx: Getting Out Of Its Bottom Soon
- This is a dedicated price action analysis on FedEx stock. We discuss the critical levels investors need to watch to help them with their decision-making. FDX stock formed a double bottom bear trap in May, which is supportive of its near-term bottom. Therefore, we believe the market is in the early stages of a reversal.
- 06/15/2022
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This Is Why FedEx Soared 14% On Tuesday
- FedEx soared on Tuesday even as most stocks remained in a bear market. The company announced a huge dividend increase as well as implying greater free cash flow conversion moving forward.
- 06/14/2022
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FedEx delivers gains, here's how to play this name
- FedEx soars on a dividend hike. With CNBC's Brian Sullivan and the Fast Money traders, Tim Seymour, Dan Nathan, Karen Finerman and Pete Najarian.
- 06/14/2022
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5 Dividend Stocks Raising Payouts Right Now
- Some of the top dividend stocks are raising their payouts despite a widespread market decline. This list includes FDX, TGT and LOW.
- 06/14/2022
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These 2 Stocks Soared Even as Markets Stayed Skittish Tuesday
- Investors didn't see much of a bounce on Wall Street.
- 06/14/2022
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Nio stock gets boost from new SUV, fracking pioneer to buy out Continental, FedEx raises dividend
- Yahoo Finance Live looks at several of today's trending stocks tied to leading industry stories, including billionaire Harold Hamm's offer to take his company Continental Resources private.
- 06/14/2022
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More focused board can help FedEx see upside in shares, says Barclays Brandon Oglenski
- Brandon Oglenski, Barclays transportation analyst, joins 'Closing Bell' to discuss FedEx surge and outlook.
- 06/14/2022
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Did FedEx's Dividend Announcement De-Risk The Stock During Bear Market Woes?
- FedEx Corporation (NYSE: FDX) was flying more than 15% higher on Tuesday after the company announced it will raise its quarterly dividend from 75 cents per share to $1.15 per share. The transportation, e-commerce and supplies company headquartered in Memphis, Tennessee, also said it would.
- 06/14/2022
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Is FedEx charting different course with board, incentive plan changes?
- Less than two weeks into the tenure of new CEO Raj Subramanian, FedEx Corp. appears to be charting a new path. FedEx (NYSE: FDX) announced Tuesday an array of changes that included the appointment of three new directors, a revised executive incentive plan and a 53% increase in the company's quarterly dividend to $1.15 a share.
- 06/14/2022
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Why Josh Brown Expects FedEx Stock To Go Even Higher
- FedEx Corp (NYSE: FDX) is on pace for its best day since 1993 after the company announced actions to enhance shareholder value on Tuesday. What Happened: FedEx raised its quarterly dividend from 75 cents per share to $1.15 per share.
- 06/14/2022
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Options Traders Eye FedEx Stock After Dividend Hike
- The shares of FedEx Corporation (NYSE:FDX) are up 13.8% at $228.77 at last check, bucking broader market-headwinds after the delivery name hiked its quarterly dividend by more than 50% to $1.15 per share, which will be payable to stockholders on July 11.
- 06/14/2022
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Final Trades: FedEx, Union Pacific & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 06/14/2022
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I'm staying long in FedEx, says Ritholtz's Josh Brown
- Josh Brown, Ritholtz Wealth Management CEO, joins ‘Halftime Report' to discuss buying FedEx.
- 06/14/2022
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FedEx stock headed for biggest one-day gain in 29 years after raising dividend more than 50% in agreement with activist investor
- FedEx Corp. stock soared 13% Tuesday to put it on track for the biggest one-day gain in about 29 years, after the company raised its quarterly dividend by 53% as part of a new agreement with activist investor D.E. Shaw.
- 06/14/2022
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Largest trucking companies benefit from rising prices because they charge customers a fuel surcharge
- CNBC's Frank Holland reports on the rising national average for gas prices.
- 06/14/2022
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FDX Gains 10% on FedEx Stock Dividend News
- FedEx announced that it had raised the dividend of FedEx stock by more than 50%, sparking today's rally in FDX stock. The post FDX Gains 10% on FedEx Stock Dividend News appeared first on InvestorPlace.
- 06/14/2022
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FedEx stock soars toward biggest gain in 29 years, adds 150 points to Dow transports price
- The Dow Jones Transportation Average DJT, +2.84% powered up Tuesday, driven FedEx Corp.'s FDX, +12.43% best one-day stock performance in three decades, even as the broader stock market turned lower. The Dow transports shot up 313 points, or 2.4%, with 13 of 20 components gaining ground, while the Dow Jones Industrial Average DJIA, -0.35% fell 66 points, or 0.2%, to reverse an earlier gain of as much as 174 points.
- 06/14/2022
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Stock Market Today: Dow Jones, S&P 500 Edge Higher; FedEx Up After Raising Quarterly Cash Dividend
- Markets are mixed after producer price index came in within expectations
- 06/14/2022
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FedEx shares jumped 15% on Tuesday: what happened?
- Shares of FedEx Corporation (NYSE: FDX) are up nearly 15% on Tuesday after the transportation company announced a significant increase in its dividend and added new directors to the board. FedEx raised its quarterly dividend by 53% The American multinational, this morning, declared $1.15 a share of quarterly dividend that translates to a more than […] The post FedEx shares jumped 15% on Tuesday: what happened?
- 06/14/2022
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Why FedEx Stock Is Surging Today
- FedEx Corp (NYSE: FDX) shares are trading higher Tuesday after the company announced actions to enhance stockholder value. As part of the move to drive shareholder value, FedEx increased its dividend, enhanced its executive compensation program and added two new independent directors.
- 06/14/2022
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FedEx to add three new directors to board following activist push
- CNBC's David Faber joins 'Squawk Box' to report that FedEx will add three new directors to its board as part of an agreement with hedge fund D.E. Shaw.
- 06/14/2022
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FedEx Raises Dividend, Stock Jumps 9%
- The company reached an agreement with activist investor DE Shaw to focus more on shareholder returns.
- 06/14/2022
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FedEx raises quarterly dividend by more than 50%
- FedEx Corp on Tuesday raised its quarterly dividend by more than 50% to $1.15 per share.
- 06/14/2022
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FedEx shares soar 8% premarket after company raises quarterly cash dividend by 53% to $1.15 a share
- FedEx Corp. FDX, -2.80% said Tuesday it is increasing its quarterly cash dividend by 53% to $1.15 a share from 75 cents previously. The new dividend is payable July 11 to shareholders of record as of June 27.
- 06/14/2022
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FedEx reiterated Buy at Citi
- The "Halftime Report" traders debate Citi's bullish call on FedEx.
- 06/09/2022
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FedEx, United to deliver foreign-made baby formula to Dallas
- A FedEx Express MD-11 freighter and a United Airlines passenger jet are scheduled to land Thursday afternoon at Dallas Fort Worth International Airport with emergency shipments of baby formula organized by the Biden administration as part of its campaign to alleviate a critical domestic food shortage for infants. The FedEx (NYSE: FDX) charter flight from Cologne, Germany, is carrying 110,000 pounds of Nestle infant formula, which can make about 1.6 million eight-ounce bottles.
- 06/09/2022
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FedEx CEO to Face Investors. Is He the Answer to Long-Term Growth?
- New Chief Executive Officer Raj Subramaniam will host the company's first investor day in years.
- 06/09/2022
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Inflation Bites Union Pacific Profits. FedEx and UPS Shares Are Falling Too.
- Railroad Union Pacific cut profit margin guidance Tuesday morning, citing higher fuel prices and other elevated costs.
- 06/07/2022
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FedEx Corporation: An Iconic Company Facing Pressures
- Almost every company in America has been complaining about inflationary pressures, particularly supply chain and shipping costs. But what if a company is part of the supply chain?
- 06/05/2022
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UPS vs. FedEx: Which Company Is Currently a Better Buy?
- Over the last year, FedEx has struggled to beat bottom-line estimates, while UPS has been firing on all cylinders.
- 06/03/2022
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1 Dividend King and 1 Dividend Growth Stock I'm Buying
- When stable, dividend-growing businesses with major tailwinds are sold off, it's time to start buying.
- 06/03/2022
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My Top Passive Income Powerhouse Dividend Stock to Buy in June
- UPS has a 3.4% dividend yield and plenty of long-term growth prospects.
- 06/03/2022
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Here's A Better Pick Over FedEx Stock
- The gap in the valuation of these two companies can be attributed to Pfizer's superior revenue growth and profitability, as discussed below.
- 06/01/2022
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FedEx tasked with rushing baby formula from Europe to Pennsylvania
- The Department of Defense tapped FedEx Express on Sunday to make the second flight for Operation Fly Formula and deliver another tranche of Nestle baby formula from Ramstein Air Base in Germany to the U.S. as the Biden administration races to stem a nationwide shortfall. FedEx (NYSE: FDX) will deliver the shipment to Washington Dulles International Airport.
- 05/22/2022
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Another baby formula shipment from Europe to arrive in the U.S. on Wednesday
- The first shipment, carrying 78,000 pounds of specialty infant formula, arrived Sunday.
- 05/22/2022
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Aurora expands autonomous freight pilot with FedEx in Texas
- Aurora Innovation, an autonomous vehicle technology company, has expanded its self-driving freight pilot with FedEx to include a new lane from Fort Worth to El Paso, Texas. The startup has been hauling freight for FedEx between Dallas and Houston since September 2021, which has involved making the 240-mile trip every night.
- 05/18/2022
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FedEx has 'lucrative backdoor' to bigger role in e-commerce, says Citi
- FedEx Corp can boost its profit by $1 billion annually if the delivery giant leverages its ShopRunner buyout and its partnership with Microsoft to deepen its e-commerce presence and cater directly to customers, Citigroup analysts said on Monday.
- 05/09/2022
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FedEx vs. United Parcel Service: Which Is a Better Buy?
- With a similar type of business operations, it's sometimes difficult to decide which company would be a better bang for your buck.
- 05/03/2022
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FedEx Is An Attractive Addition To Dividend Growth Portfolios
- Shares of FedEx are trading for less than 10 times 2022 forecasted earnings. FedEx has been a reliable company offering investors income and sales growth.
- 04/25/2022
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Buy Amazon And Sell UPS, And FedEx, Also Take Advantage And Buy Oil And NatGas
- An announcement that Amazon is opening its logistics and last-mile delivery to eCommerce outside of their fulfillment seems to have gone unnoticed. Amazon starts slow, and adds on more services.
- 04/25/2022
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Amazon Takes Aim at UPS, FedEx, Offering Delivery Service to Rival Retailers
- The development means other shipping companies face increased competition as Amazon leverages its infrastructure to move deeper into their patch.
- 04/21/2022
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Amazon opens up Prime delivery service to other retailers in its latest move to compete with FedEx and UPS
- Buy with Prime enables third party retailers to take advantage of Amazon's vast shipping and fulfillment network for orders placed on their own site.
- 04/21/2022
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FedEx Is Attractively Priced
- FedEx Corp. ( FDX , Financial) is a global transportation, e-commerce and business services company. Based in Memphis, Tennessee, the company operates under four main business segments:
- 04/19/2022
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Cramer gives his take on freight
- CNBC's Jim Cramer gives his take on freight stocks. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Guy Adami and Julie Biel.
- 04/18/2022
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Deep Dive: Why consider the Dow transports when they point to a slowing economy? Because these 7 stocks are cheap
- The Dow Jones Transportation Average has long been considered a good forward indicator of the direction of the U.S. economy. With early signs that an economic slowdown is coming, this might be an obvious portion of the stock market to avoid.
- 04/18/2022
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FedEx: Cheap Again
- At under 0.60x price-to-revenue, the stock is too cheap; At a 5% free-cash-flow yield exiting the March '22 earnings report, that's another metric that is screaming value loudly;
- 04/18/2022
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How Companies Like Amazon, Nike and FedEx Avoid Taxes
- At least 55 of the largest corporations in America paid no federal corporate income taxes on their 2020 profits, according to the Institute on Taxation and Economic Policy. Some of these companies include big names FedEx, Nike, HP and Salesforce, and it's costing the U.S. government billions of dollars.
- 04/14/2022
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Five Laggards For The Weekend
- Every week is a buying opportunity in the markets. One just needs to know where to look.
- 04/09/2022
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UPS fuel surcharges to spike hard this Monday
- UPS Inc.'s fuel surcharges are closing in on those of rival FedEx Corp., and that's bad news for UPS customers. Effective Monday, users of UPS' (NYSE: UPS) U.S. ground delivery services will pay a 16.75% fuel surcharge that will apply to the base rate of each shipment as well as most of the add-on services known as accessorial charges.
- 04/08/2022
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What's going on with freight stocks? #AskHalftime
- The "Halftime Report" traders answer your questions in #AskHalftime
- 04/06/2022
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5 Top Transportation Stocks To Watch Right Now
- Can these transportation stocks drive gains for your portfolio?
- 04/05/2022
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FedEx cuts pay of inside sales reps
- FedEx Corp. has reduced the base salaries of hundreds of its inside sales staff, a cost-cutting measure that could impact the company's ability to adequately service the small to midsize customer base that it has been aggressively courting. FedEx (NYSE: FDX) has cut salaries by $12,600 for each inside sales worker, according to Adi Karamcheti, a professional services consultant at Shipware LLC who spent nearly 13 years in FedEx's inside sales operation.
- 03/31/2022
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FedEx to test autonomous drone cargo delivery in 2023
- A FedEx drone may soon deliver cargo shipments and maybe even consumer packages.
- 03/30/2022
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FedEx founder Fred Smith to step down from CEO: 'We have a rigorous succession plan'
- FedEx founder Frederick Wallace Smith is stepping down as CEO. The legendary business leader appointed Raj Subramaniam as the next successor for the multi-billion dollar global transport company and said the shift in leadership was planned for “quite some time.
- 03/30/2022
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FedEx founder Fred Smith to step down as CEO
- FedEx founder Fred Smith announces on ‘Making Money with Charles Payne' that he will step down and COO Raj Subramaniam will replace him as CEO. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
- 03/30/2022
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Duke Realty (DRE) Secures Lease Agreement With FedEx Ground
- Amid a surge in demand for its high-quality space at convenient locations in the South Florida industrial market, Duke Realty (DRE) secures lease deal with FedEx Ground.
- 03/30/2022
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FedEx Express to test autonomous aircraft
- FedEx Express will test an autonomous air cargo aircraft in 2023, the company said Wednesday. Elroy Air, which has partnered with FedEx since January 2020, will supply the drone.
- 03/30/2022
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FedEx to test autonomous drone cargo deliveries next year
- U.S. delivery firm FedEx Corp's subsidiary, FedEx Express, will begin testing Elroy Air's Chaparral autonomous air cargo system next year, the companies said on Wednesday.
- 03/30/2022
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6 Best Transportation Stocks To Buy Right Now: FedEx, UPS And More
- Airlines and cruise line stocks have had an extremely volatile couple of years since the pandemic completely shut down global travel back in 2020. Travel industries still haven't recovered to their pre-pandemic levels.
- 03/30/2022
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FedEx Wants Autonomous Trucks. That's Good for This Company.
- Outgoing FedEx CEO Fred Smith says his company will make an 'enormous effort' to utilize autonomous trucks in 2022. Smith's comment is a glimpse into the future of trucking.
- 03/30/2022
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Why is FedEx stock rising?
- FedEx stock jumped by 3.7% on Friday to close at $238.57 as the stock trimmed its year-to-date decline to around 7.7%. The stock has seen great gains in the month of March as from date 7th.
- 03/30/2022
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FedEx Hasn't Been Delivering Results: Can a New CEO Help?
- FDX CEO and founder Fred Smith announced that he would be stepping down and handing the torch to Raj Subramaniam, perhaps suggesting that new leadership can turn things around.
- 03/29/2022
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FedEx CEO says the company will make ‘an enormous effort' towards AV trucks in June
- "You'll see in late June an enormous effort towards autonomous trucks that move over the highway," the FedEx CEO said.
- 03/29/2022
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FedEx CEO says company leadership changes had 'no activist impetus'
- CNBC's Jim Cramer spoke with FedEx CEO Frederick Smith on Tuesday's episode of "Mad Money."
- 03/29/2022
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Why Is FedEx (FDX) Stock Up Today?
- Stock in the package delivery and logistics giant is rising on news that founder Fred Smith is transitioning out of the CEO role. The post Why Is FedEx (FDX) Stock Up Today?
- 03/29/2022
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FedEx announces COO Raj Subramaniam will become president and CEO
- FedEx announced that its current chief operating officer, Raj Subramaniam, will transition to the roles of the company president and CEO beginning on June 1.
- 03/29/2022
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FedEx (FDX) Picks Subramaniam as New CEO to Succeed Smith
- FedEx (FDX) is promoting president and chief operating officer, Raj Subramaniam, to CEO, effective Jun 1. He is replacing founder Frederick W.
- 03/29/2022
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FedEx Stock Pops After Long-Time CEO Steps Down
- The shares of FedEx Corporation (NYSE:FDX) are up 3% at $237 ahead of the open, after news broke that Chief Executive Officer (CEO) Fred Smith will step down from his role, after founding the delivery company more than 50 years ago.
- 03/29/2022
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Fred Smith Is Stepping Down at FedEx. Here's What Wall Street Says.
- The leadership transition at FedEx might not be a surprise. It's still a big deal.
- 03/29/2022
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FedEx founder Fred Smith to step down, COO Raj Subramaniam to become CEO
- FedEx founder and CEO Fred Smith plans to step down from his role on June 1. CNBC's Frank Holland joins 'Squawk Box' to report.
- 03/29/2022
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Who is Raj Subramaniam, FedEx's new CEO and president?
- Raj Subramaniam will be replacing Fred Smith as CEO and President of FedEx Corp effective June 1, the package-delivery giant announced Monday.
- 03/28/2022
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FedEx founder Fred Smith steps down as CEO
- FedEx Corp. founder Fred Smith announced plans to step down from the chief executive role Monday, and will be replaced by the logistics company's president and chief operating officer.
- 03/28/2022
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FedEx names Raj Subramaniam as CEO, replacing founder Fred Smith
- US package delivery company FedEx Corp on Monday named Raj Subramaniam as its new chief executive officer effective June 1, succeeding Fred Smith, who founded the company in 1973.
- 03/28/2022
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Breaking: Fred Smith named FedEx executive chairman
- FedEx Corp. said late Monday that Frederick W. Smith, the company's founder, chairman and CEO, will become executive chairman, effective June 1.
- 03/28/2022
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FedEx announces COO Raj Subramaniam will become president and CEO
- FedEx announced that its current chief operating officer, Raj Subramaniam, will transition to the roles of the company president and CEO beginning on June 1.
- 03/28/2022
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FedEx founder and CEO Fred Smith plans to step down in June, as the airline names COO Raj Subramaniam to the top job
- Legendary founder and CEO of FedEx Fred Smith will be replaced by operating chief Raj Subramaniam as CEO on June 1.
- 03/28/2022
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FedEx founder Fred Smith stepping down as CEO
- FedEx founder Frederick W. Smith is stepping down as the chairman and chief executive officer effective June 1, the company announced Monday.
- 03/28/2022
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FedEx names Raj Subramaniam as CEO, replacing founder Fred Smith
- U.S. package delivery company FedEx Corp on Monday named Raj Subramaniam as its new chief executive officer effective June 1, succeeding Fred Smith, who founded the company in 1973.
- 03/28/2022
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3 Air Freight & Cargo Stocks to Watch Despite Supply-Chain Woes
- Upbeat e-commerce demand bodes well for the Zacks Transportation -Air Freight & Cargo industry. UPS, FDX and ATSG are well-poised to capitalize on this uptrend.
- 03/28/2022
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Solid Liquidity Boosts FedEx (FDX) Amid Rising Expenses
- FedEx (FDX) banks on strong liquidity and shareholder-friendly measures. However, escalating capital expenditures are a concern.
- 03/25/2022
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FedEx tests electric carts for delivery to reduce parking for trucks
- FedEx is launching a trial of electric carts for delivery in big cities. CNBC's Frank Holland joins 'Squawk Box' to report.
- 03/25/2022
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