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The Latest Breaking News from FedEx

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…

StockNews.com

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,…

Benzinga

12 Industrials Stocks Moving In Monday's After-Market Session

Gainers Flux Power Holdings (NASDAQ:FLUX) shares moved upwards by 4.9% to $2.57 during Monday's after-market session. The market value of their outstanding shares is at $41.0 million.

Benzinga

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CNBC's Final Trades: Home Depot, Shell, FedEx And This Health Care Stock That Has Reached A Record High

On CNBC’s “Halftime Report Final Trades,” Shannon Saccocia of Boston Private chose Home Depot Inc (NYSE: HD), saying the company is “great big box retail and tied for

Benzinga

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…

Benzinga

What 9 Analyst Ratings Have To Say About FedEx

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

Benzinga

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.

Benzinga

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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.

Benzinga

Looking Into FedEx's Return On Invested Capital

According to Benzinga Pro, during Q3, FedEx (NYSE:FDX) earned $1.11 billion, a 6.51% increase from the preceding quarter. FedEx also posted a total of $23.64 billion in sales, a 0.71% increase since Q2.

Benzinga

Why FedEx Shares Are Sliding Today

FedEx Corp (NYSE: FDX) shares are trading lower Friday morning after the company reported worse-than-expected earnings results.

Benzinga

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.

Benzinga

Earnings Outlook For FedEx

FedEx (NYSE:FDX) is set to give its latest quarterly earnings report on Thursday, 2022-03-17. Here's what investors need to know before the announcement. Analysts estimate that FedEx will report an earnings per share (EPS) of $4.64.

Benzinga

'We want to be the UPS or FedEx of the moon': A startup's big moonshot

A California startup is joining much bigger players in the drive to explore settlement on the moon, as plans by NASA to send astronauts back there heats up the commercial lunar market.

Los Angeles Times

Analyst Ratings For FedEx

Over the past 3 months, 5 analysts have published their opinion on FedEx (NYSE:FDX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

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Input

Nike suspends online sales in Russia

With other companies like FedEx and UPS suspending shipments to the country, the brand can’t guarantee delivery.

Tribune News Service

UPS, FedEx halt shipments to Russia, Ukraine

UPS and FedEx have halted shipments to Russia and Ukraine after the Russian invasion of Ukraine.

The Guardian - US

Black FedEx driver shot at by white men draws parallels to Ahmaud Arbery case

D’Monterrio Gibson was delivering packages in Mississippi when he was allegedly attacked by Brandon and Gregory Case

The Independent UK

FedEx accused of telling Black worker to finish his route after allegedly being shot at by two white men

Two men turned themselves into police following alleged assault

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The Independent UK

Hate crime probe sought in Mississippi attempted shooting

Attorneys for a Black delivery driver are calling for a federal hate crimes investigation into the attempted shooting of the driver in Mississippi

The Independent UK

‘A copycat of the Ahmaud Arbery case’: Two white men charged with shooting at Black FedEx worker

D’Monterrio Gibson says that he was delivering a package when he was chased down by the father-son duo

The Independent UK

Two white men charged with shooting at Black FedEx worker

D’Monterrio Gibson says that he was delivering a package when he was chased down by the father-son duo

Tribune News Service

Package deliveries boom, but Boeing's aging cargo line risks losing dominance to Airbus

The air cargo business, booming as never before during the global pandemic, is massively dominated by Boeing jets that make up most of the worldwide air freighter fleet. Yet there is a threat to that dominance.

The Independent UK

Anti-vaxx leader who advocated drinking urine now says he doesn’t need a driver’s licence

“The only people that need a driver’s license are truck drivers, Uber drivers, FedEx drivers,” Mr Key claimed.

Axios

The worker shortage is unleashing a potential long-term hiring crisis for companies

It's no longer enough to have a great product.

indy100

Viral TikTok shows FedEx driver throwing package at house from moving van

A clip that appears to show a FedEx driver throwing a box at someone’s porch - without stopping the delivery van - has gone viral on TikTok.

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