Summary: FedEx celebrates USO Day and expresses commitment to continue supporting the United Service Organizations through various initiatives for service members and their families.
Full articleSummary: FedEx has been working with the USO for the past 24 years, providing in-kind shipping and cash grants to support USO programs and activities.
Full articleSummary: FedEx will permanently close its shipping center at 176 Lockheed Drive in Beaver, WV, on March 29.
Full articleSummary: FedEx Corp has acquired RouteSmart Technologies to enhance its global pickup and delivery optimization, leveraging RouteSmart's technology solutions to improve efficiency across its operations and strengthen its suite of technology offerings.
Full articleSummary: RBC Capital raises price target on Union Pacific to $288 and maintains Outperform rating as part of Q3 results preview for Class 1 Railroads. Firm cites new CEO appointment and expects improved operating performance.
Full articleSummary: FedEx's recent earnings report was weaker than expected, prompting a sharp sell-off of its stock. Investors are now looking to see how FedEx's performance could impact its rival UPS ahead of UPS's third-quarter 2024 earnings report.
Full articleSummary: FedEx (NYSE: FDX) reported weaker-than-expected first-quarter 2025 earnings, cutting its full-year revenue and earnings guidance, leading to a sharp stock selloff.
Full articleSummary: FedEx driver prevents package theft with the help of homeowner and police investigation.
Full articleSummary: FedEx received its twentieth Cessna 408 SkyCourier from Textron Aviation in early September.
Full articleSummary: FedEx stock has entered an official bear market after a significant selloff, primarily due to weakness in business shipping volumes and frequencies. While still facing challenges, some Wall Street analysts remain bullish on FedEx, anticipating significant EPS growth in the next 12 months.
Full articleSummary: Argus lowers price target on FedEx to $300 from $335 but maintains Buy rating due to perceived value in current weakness, solid balance sheet, and positive outlook signaled by management.
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