The Latest Breaking News from FDX

FedEx Corp (NYSE: FDX) is on pace for its best day since 1993 after the company announced actions to enhance shareholder value on Tuesday.

FedEx Corp (NYSE: FDX) shares are trading higher Tuesday after the company announced actions to enhance stockholder value.

Someone with a lot of money to spend has taken a bullish stance on FedEx (NYSE:FDX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The immense market volatility caused by recession worries due to aggressive policy tightening by the Fed to lessen inflationary pressure has led to several quality stocks currently trading at reasonable prices. Given the long-term prospects of Qualcomm (QCOM), FedEx (FDX), Mærsk A/S (AMKBY), STMicroelectronics (STM), and Agilent Technologies (A), we…

Worries about looming recession due to the Fed's tighter monetary policy and other macroeconomic headwinds have kept the stock market under pressure. Amid such a scenario, investing in shares of stalwart companies Intel (INTC), AbbVie (ABBV), FedEx(FDX)), Oracle (ORCL), and The Coca-Cola (KO) could help investors dodge the short-term market…

In the face of various macroeconomic and geopolitical headwinds, the stock market is expected to remain volatile in the coming months. Large-cap value stocks have been gaining significant investor attention due to their tendency to outperform large-cap growth stocks. Thus, Wall Street analysts expect fundamentally sound large-cap value stocks Ford…

The stock market has been under tremendous pressure of late on investor worries about surging inflation, interest rate increases, geopolitical instability, and an economic slowdown. Last month, the major U.S. benchmarks declined into correction territory. Amid this risk-off environment, we think renowned stocks FedEx (FDX) and Micron (MU) might be…

Bill Gates, the fourth richest person in the world, is keenly followed by the investor community concerning investments made through his firm Cascade Investment, L.L.C. The three stocks that the firm holds in large quantities are Sanderson Farms (SAFM), FedEx (FDX), and United Parcel Service (UPS). So, we think it…

The major stock market indices slid last week on unabated investor concerns over the potential for a recession caused by high inflation and surging energy prices. Amid this scenario, we think investors could buy the recent price dips in fundamentally sound stocks FedEx Corporation (FDX) and SAP SE (SAP) for…

A whale with a lot of money to spend has taken a noticeably bearish stance on FedEx. Looking at options history for FedEx (NYSE:FDX) we detected 21 strange trades.

FedEx Corp (NYSE:FDX) subsidiary FedEx Express is partnering with California Bay Area-based Elroy Air, the company building the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system. FedEx Express will develop plans to test Elroy Air's Chaparral autonomous air cargo system within its middle-mile logistics operations, moving shipments between sortation locations.…