FDX
$358.85+2.74 (+0.77%)
FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services in the United States and internationally.
Recent News
FedEx price target raised to $410 from $400 at BMO Capital
BMO Capital raised the firm’s price target on FedEx (FDX) to $410 from $400 and keeps a Market Perform rating on the shares. The company’s Q3 results were well ahead of expectations and the outlook was raised thanks to strong execution across both commercial and operational fronts, the analyst tells investors in a research note. BMO adds, however, that while the conflict in the Middle East is not expected to have a material impact on Q4 results, incremental headwinds from variable compensation a
Could Amazon and USPS' Failing Contract Negotiations Help UPS and FedEx?
Amazon and the U.S. Postal Service hit an impasse, and it likely comes down to profitability.
Stocks to Watch After Blowout Earnings: Micron, FedEx & More
Strong quarterly results from Micron Technology and FedEx stood out as rare bright spots in a volatile trading week.
Fuel Surcharges Are Pushing Up Package-Delivery Costs
FedEx and United Parcel Service have dramatically raised their fuel surcharges in recent weeks as the price of oil has increased amid the turmoil in the Middle East. It’s a continuation of a yearslong trend: Fuel surcharges have made up an increasing portion of overall shipping charges and driven up the cost of shipping at both companies in recent years. In the early weeks of March, it went even higher, accounting for as much as 26% of the overall shipping cost, ShipMatrix said.
Stocks Tumble as Brent Rises Above $110; Wall Street Logs 4th Weekly Fall
US equities tumbled Friday as oil prices advanced following reports that the US was beefing up its m