News on FedEx (Ticker: FDX) continually updated from thousands of sources around the net.
24 min ago | Hispanic Business
GENERAL The following Management's Discussion and Analysis of Results of Operations and Financial Condition describes the principal factors affecting the results of operations, liquidity, capital resources, contractual cash obligations and critical accounting estimates of FedEx Corporation .
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3 hrs ago | Market Wire
Over the next few days, four crossing guards from across Canada will be presented with awards for being selected winners of "Canada's Favourite Crossing Guard Contest."
Stocks to Watch from The Survey - There is a bit more activity on the earnings calendar today than we have seen in the past few days, although much of the news is disappointing.
Fred Smith says FedEx has several drone studies underway. But the idea of delivering items by drone is "almost amusing," Smith said on a conference call on Wednesday after the company reported financial results.
Figuring out how much marijuana people use has been one of the trickiest questions facing the bureaucrats who are setting up Washington state's new legal pot system.
General Mills net rose 1% on flat sales. HEICO net soared 25%. Jabil Circuit climbed 11%.
Repurchases 10 Million Shares Year to Date MEMPHIS, Tenn. -- -- FedEx Corp. today reported earnings of $1.57 per diluted share for the second quarter ended November 30 , compared to $1.39 per share last year.
FedEx Ground's revenue jumped 10 percent in its second quarter although its operating margin dropped by 16 percent in the quarter in part because the holiday shipping season started later this year.
The overnight package company said it earned $500 million, or $1.57 a share, in the fiscal second quarter.
While much of the focus this week is on the Federal Reserve as it kicks off a two-day meeting today, a number of important companies are due to report earnings this week as well.
Active equity options trading on open Active equity options trading on open according to Track Data: AAPL NFLX AMZN RAD GS BAC GOOG TSLA INTC USPS to test same-day delivery in New York metro area, Bloomberg reports The U.S. Postal Service will test same-day delivery in the New York metropolitan area for the next year, expanding a pilot program it ... (more)
However, just because it's an anointed stock doesn't mean it's the cheapest. Cramer called United Parcel Service the less-expensive stock in terms of valuation.
FedEx is scheduled to report 2Q 2014 earnings before the bell on Wednesday, December 18. The results are typically disseminated at 7:30 a.m. EST and will follow with a conference call at 8:30 a.m. Results from FedEx are widely seen as a proxy for economic growth and tend to heavily influence the broader market gauges, including the equity index ... (more)
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If FedEx matches or beats analysts estimates for its latest quarterly earnings report, the company could continue to see its stock prices rise in 2014.
Sanford C. Bernstein's price objective would suggest a potential upside of 4.42% from the stock's previous close.