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The Latest Breaking News from FDX

What Are Whales Doing With FedEx

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 Partners With Elroy Air To Test Autonomous Drone Cargo Delivery

FedEx Partners With Elroy Air To Test Autonomous Drone Cargo Delivery

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.…

Looking At FedEx's Recent Whale Trades

Looking At FedEx's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bullish stance on FedEx. Looking at options history for FedEx (NYSE:FDX) we detected 34 strange trades.

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5 Value Stocks to Reinforce Your Portfolio in Q2 2022

Due to concerns over the possibility of aggressive interest rate increases and the consequences of a prolonged Ukraine-Russia war, current market volatility has caused many quality stocks to trade at attractive valuations. For example, fundamentally sound stocks Lockheed Martin (LMT), HCA Healthcare (HCA), FedEx (FDX), Enterprise Products (EPD), and Walgreens…

FedEx Promotes Raj Subramaniam To Succeed Frederick Smith As CEO

FedEx Corp (NYSE:FDX) has promoted its President and Chief Operating Officer (COO), Raj Subramaniam, to Chief Executive Officer (CEO) and President, effective June 1, 2022. The company's Chairman and CEO, Frederick W. Smith, will become Executive Chairman, effective the same date. Subramaniam has been named President and CEO-elect of FedEx, effective immediately. Subramaniam,…

FedEx Office Unveils 'Online Notary' Via Alliance With Notarize

FedEx Corp (NYSE:FDX) subsidiary FedEx Office formed an alliance with Notarize, an online notarization provider, to launch FedEx Office Online Notary. The new service will make convenient, fully-digital notarization services available to small businesses, consumers, and owners who need personal or professional documents notarized annually. "Now with FedEx Office Online Notary, commissioned…

Deutsche Bank Cuts FedEx's Price Target By 4%

FedEx Corp's (NYSE:FDX) price target has been lowered to $298 (an upside of 35%) from $310 by Deutsche Bank analyst Amit Mehrotra. The analyst maintained his Buy rating on FDX's shares. Related: Read How Analysts Reacted To FedEx's Q3 Results Mehrotra noted the company reported weaker fiscal Q3 results, and management walked away from its double-digit…

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What 9 Analyst Ratings Have To Say About FedEx

What 9 Analyst Ratings Have To Say About FedEx

Analysts have provided the following ratings for FedEx (NYSE:FDX) within the last quarter:

PreMarket Prep Stock Of The Day: Buying FedEx On The Dip After Q3 Earnings

PreMarket Prep Stock Of The Day: Buying FedEx On The Dip After Q3 Earnings

Not all companies follow the same fiscal year, and one of those companies is FedEx Corp (NYSE: FDX), which just reported third-quarter earnings.

Read How Analysts Reacted To FedEx's Q3 Results

Read How Analysts Reacted To FedEx's Q3 Results

FedEx Corp (NYSE: FDX) reported its third-quarter FY22 results yesterday, with revenue of $23.6 billion, surpassing the $23.44 billion estimate, and adjusted EPS of $4.59, below the Street view of $4.64.

FedEx Reports Q3 Revenue Growth Of ~10%, Expects Strong Earnings Growth In Q4

FedEx Reports Q3 Revenue Growth Of ~10%, Expects Strong Earnings Growth In Q4

FedEx Corporation (NYSE: FDX) reported third-quarter FY22 revenue growth of 9.8% year-over-year to $23.6 billion, beating the consensus of $23.44 billion.

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