Fedex Corp

NYSE: FDX
$308.23
+$8.26 (+2.8%)
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Merrill Lynch added CSX to its US 1 list as the firm now believes that CSX shares are attractively valued.
By Tkgd2007 at en.wikipedia [Public domain], from Wikimedia CommonsFedEx Corp. (NYSE: FDX) is a leading international provider of package delivery, and one key analyst thinks that now might be a good...
Tuesday's top analyst upgrades, downgrades and initiations include Apple, DuPont, Frontier Communications, Hewlett-Packard, HSBC, 3M and Red Hat.
FedEx reported disappointing first-quarter fiscal 2016 results and lower guidance before markets opened Wednesday.
By Tkgd2007 at en.wikipedia [Public domain], from Wikimedia CommonsFedEx Corp. (NYSE: FDX) is scheduled to report its fiscal first quarter financial results before the markets open on Wednesday. The...
24/7 Wall St. has put together a preview of FedEx, Oracle and some of the other major companies reporting their quarterly results this week.
Air cargo volumes are either growing slowly or shrinking slowly, depending on your point of view. In either case, though, this is not good news for Boeing.
Tuesday's top analyst upgrades, downgrades and initiations include American Airlines, CyberArk Software, Delta Air Lines, First Solar and VMware.
These top transports have been getting hit all year long. From a bounce-back perspective, they may offer investors a better opportunity than some of the other sectors that got hit recently.
In July, Boeing added 101 orders for new commercial planes to its order book, while rival Airbus took just 26 new orders in the month.
In a move that has been expected for at least two weeks, FedEx announced late Tuesday that it has placed a firm order for 50 additional Boeing 767-300F freighters.
The board of directors of FedEx met in Seattle over the weekend, and one of the items on the agenda was the purchase of more 767 cargo planes from Boeing.
It now appears that FedEx is about to place an order for as many as 50 of Boeing’s 767-300F freighters. The list price for the plane is $199.3 million, valuing an order for 50 at nearly $10 billion.
FedEx is spreading its wings and preparing to take flight as the company looks to expand further into Europe with its most recent acquisition.
The sharp drop in FedEx shares betrays more about current market weakness than it does about FedEx in particular, or even delivery services in general.