The Latest Breaking News from FedEx Corporation

Shipping stock FedEx Corporation (FDX) has guided decent earnings improvement for fiscal 2023 despite the current supply chain headwinds. The stock is currently trading at a discount to its peers. Given the company’s robust financials, favorable analyst estimates, and higher-than-industry profitability, it could be wise to buy the stock now.…

FedEx Corporation (NYSE: FDX) shares traded higher by 7% on Friday after the conglomerate reported fiscal fourth-quarter earnings that were better than analysts had feared.

FedEx Corporation (NYSE: FDX) opened slightly higher on Thursday but bumped into the 200-day simple moving average (SMA), rejected the area as resistance and began to fall lower.

The stock market has been facing severe unrest due to various macroeconomic and geopolitical issues. With the fears of a looming recession, investors can consider investing in stocks that offer a steady income stream by paying dividends. Ladder Capital (LADR), W. R. Berkley (WRB), and FedEx (FDX) have recently increased…

With the higher adoption of technology and the resumption of travel, the logistics market is rebounding gradually from the pandemic-led disruptions. Moreover, the industry’s long-term prospects look impressive. Hence, it could be wise to invest in logistics stocks FedEx (FDX), Deutsche Post (DPSGY), and Radiant Logistics (RLGT), which are currently…

FedEx Corporation (NYSE: FDX) was flying more than 15% higher on Tuesday after the company announced it will raise its quarterly dividend from 75 cents per share to $1.15 per share.

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…

Prologis Inc (NYSE:PLD) proposed to acquire Duke Realty Corporation (NYSE:DRE) in an all-stock transaction valued at  $61.68 per Duke Realty share. Under the terms of the proposal, each Duke Realty share would receive 0.466 shares of Prologis common stock, equivalent to a deal value of $23.7 billion. Prologis' proposal represents a premium of 29%…

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…