Fedex Corp
NYSE: FDX
$293.46
+$1.57 (+0.5%)
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Merrill Lynch added CSX to its US 1 list as the firm now believes that CSX shares are attractively valued.
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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...
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Tuesday's top analyst upgrades, downgrades and initiations include Apple, DuPont, Frontier Communications, Hewlett-Packard, HSBC, 3M and Red Hat.
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FedEx reported disappointing first-quarter fiscal 2016 results and lower guidance before markets opened Wednesday.
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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...
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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.
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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.
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Tuesday's top analyst upgrades, downgrades and initiations include American Airlines, CyberArk Software, Delta Air Lines, First Solar and VMware.
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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.
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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.
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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.
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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.
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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.
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FedEx is spreading its wings and preparing to take flight as the company looks to expand further into Europe with its most recent acquisition.
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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.
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