Freight spin-off impact, Network 2.0 cost cuts, tariff refunds and Amazon competition—see what investors should watch.
Investors will assess whether the company’s freight spin-off and restructuring efforts are improving profitability.
Shares of FedEx Corp FDX are falling on Tuesday, after the spin-off of FedEx Freight Holding Company Inc FDXF. The independent public company is now the largest less-than-truckload (LTL) provider in ...
FedEx is leaning on DRIVE, Network 2.0 and other efficiency moves to offset soft shipping demand and top-line pressure.
Wells Fargo raised the firm’s price target on FedEx (FDX) to $320 from $305 and keeps an Equal Weight rating on the shares. FedEx’s decision to spin LTL is a positive and unlocks value, but LTL ...
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
FedEx Corporation (NYSE:FDX) shares surged as the company reported a strong quarterly performance, surpassing revenue and profit expectations. The company reported adjusted earnings per share of $3.83 ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Shares in package delivery giant FedEx surged nearly 14% in premarket trading Wednesday ...
JPMorgan raised the firm’s price target on FedEx (FDX) to $370 from $366 and keeps an Overweight rating on the shares. The firm expects FedEx shares “will materially outperform” as the ...