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FEDEX News (NYSE:FDX)

DateTimeSource
Headline
06/22/20163:07AMDJNFedEx to Increase Capital Spending by 6% -- WSJ
By Laura Stevens It's going to be another expensive year for FedEx Corp., as the delivery company again increases spending to accommodate growth in e-commerce and to update its aircraft fleet. The Memphis, Tenn., company said it would increase capital spending for the year that started June 1 by 6% to $5.1 billion... More...>>
06/21/20167:12PMDJNFedEx Plans Spending Increases, Offers Lackluster Outlook -- 2nd Update
By Laura Stevens It's going to be another expensive year for FedEx Corp., as the delivery company again increases spending to accommodate growth in e-commerce and to update its aircraft fleet. The Memphis, Tenn., company said it would increase capital spending for the year started June 1 by 6% to $5.1 billion. That... More...>>
06/21/20165:52PMDJNFedEx Offers Lackluster Outlook--Update
By Tess Stynes FedEx Corp. issued lackluster guidance for its new fiscal year as the package-delivery giant said its also will spend more again this year to bulk up its ground operations to tackle higher volume from online shopping. Shares fell 1.1% to $162.20 after hours, although the company's adjusted per-share... More...>>
06/21/20165:30PMDJNFedEx Offers Lackluster Outlook
FedEx Corp. issued lackluster guidance for its new fiscal year as the package-delivery giant said its also will spend more again this year to bulk up its ground operations to tackle higher volume from online shopping. Shares fell 1.5% to $161.50 after hours, although the company's adjusted per-share earnings and revenue... More...>>
06/21/20165:13PMDJNFedEx Offers Lackluster Outlook
By Tess Stynes FedEx Corp. issued lackluster guidance for its new fiscal year as the package-delivery giant said its also will spend more again this year to bulk up its ground operations to tackle higher volume from online shopping. Shares fell 1.5% to $161.50 after hours, although the company's adjusted per-share... More...>>
06/21/20164:15PMBWFedEx Corp. Reports Fourth Quarter Earnings
Fiscal 2016 ‘a historic year of significant accomplishments’ FedEx Corp. (NYSE: FDX) today reported a loss of $0.26 per diluted share for the fourth quarter ended May 31 compared to a loss of $3.16 per diluted share a year ago. With adjustments, FedEx’s fourth quarter earnings were $3.30 per diluted share compared... More...>>
06/21/20163:02AMDJNAhead of the Tape: No Memphis Blues for FedEx -- WSJ
By Charley Grant Sometimes the best defense is a good offense. Shipping giant FedEx Corp. will test that truism on Tuesday, when it announces fiscal fourth-quarter results. Analyst consensus calls for sales of $12.7 billion and earnings per share of $3.28, according to FactSet. Though the Memphis, Tenn., company has missed... More...>>
06/20/20161:53PMDJNNo Memphis Blues for FedEx -- Ahead of the Tape
By Charley Grant Sometimes the best defense is a good offense. Shipping giant FedEx Corp. will test that truism on Tuesday, when it announces fiscal fourth-quarter results. Analyst consensus calls for sales of $12.7 billion and earnings per share of $3.28, according to FactSet. Though FedEx has missed analyst earnings... More...>>
06/20/20163:03AMDJNFedEx Says Pharmacy Charges Dismissed -- WSJ
By Josh Beckerman FedEx Corp. said the U.S. Justice Department has dismissed all remaining criminal charges against the company over shipments from online pharmacies. In a 2014 indictment, the Justice Department accused FedEx of ignoring government warnings from as far back as 2004 that it was shipping drugs from internet... More...>>
06/17/20166:37PMDJNFedEx: Justice Department Dismisses Charges Over Online Pharmacy Shipments
By Josh Beckerman FedEx Corp. said the U.S. Justice Department has dismissed all remaining criminal charges against the company over shipments from online pharmacies. In a 2014 indictment, the Justice Department accused FedEx of ignoring government warnings from as far back as 2004 that it was shipping drugs from internet... More...>>
06/17/20164:25PMBWFedEx Announces Successful Conclusion of Internet Pharmacy Case
FedEx Corporation (FedEx) (NYSE:FDX) announces that the U.S. Department of Justice has dismissed all remaining criminal charges pending against FedEx and its subsidiaries. “FedEx is and has always been innocent,” said Patrick Fitzgerald, Senior Vice President, Marketing and Communications, FedEx. “The case should... More...>>
06/17/20168:10AMPRNUSPre-Market Review on Air Delivery & Freight Services Equities -- United Parcel Service, Expeditors International of Washingto...
Pre-Market Review on Air Delivery & Freight Services Equities -- United Parcel Service, Expeditors International of Washington, FedEx, and CH Robinson Worldwide PR Newswire NEW YORK, June 17, 2016 NEW YORK, June 17, 2016 /PRNewswire/ -- On Thursday, June 16, 2016, the NASDAQ Composite ended the trading session at 4,844.92... More...>>
06/16/201610:20PMDJNFedEx Agrees to $240 Million Settlement With Drivers
FedEx Corp. said Thursday it has agreed to pay $240 million to settle lawsuits in 20 states with drivers, possibly ending a yearslong legal dispute over whether they were employees or independent contractors. The settlement requires final court approval and would affect roughly 13,000 drivers, according to a company spokesman... More...>>
06/16/20168:59PMDJNFedEx Agrees to $240 Million Settlement With Drivers in 20 States
By Mike Esterl FedEx Corp. said Thursday it has agreed to pay $240 million to settle lawsuits in 20 states with drivers, possibly ending a yearslong legal dispute over whether they were employees or independent contractors. The settlement requires final court approval and would affect roughly 13,000 drivers, according... More...>>
06/16/201611:00AMPRNUSFedEx Express and Orbis International Debut New Flying Eye Hospital at Memphis World Hub
FedEx Express and Orbis International Debut New Flying Eye Hospital at Memphis World Hub FedEx Extends its Support of the Organization for Another Five years, Through May 2021 PR Newswire MEMPHIS, Tenn., June 16, 2016 MEMPHIS, Tenn., June 16, 2016 /PRNewswire-USNewswire/ -- FedEx Express (FedEx), a subsidiary of FedEx... More...>>
06/06/20167:10PMDJNFedEx Raises Dividend
FedEx Corp. raised its quarterly dividend 60%, to 40 cents a share, up from 25 cents previously, on the heels of recent strength by the Memphis-based package mover. The hike is significantly higher than the delivery giant's past two dividend increases. Last June, FedEx raised its quarterly dividend by 25% to 25 cents... More...>>
06/06/20166:59PMDJNFedEx Raises Dividend
By Brittney Laryea FedEx Corp. raised its quarterly dividend 60%, to 40 cents a share, up from 25 cents previously, on the heels of recent strength by the Memphis-based package mover. The hike is significantly higher than the delivery giant's past two dividend increases. Last June, FedEx raised its quarterly dividend... More...>>
06/06/20164:20PMBWFedEx Corp. Board Declares Quarterly Dividend
The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of $0.40 per share on FedEx Corporation common stock. The dividend is payable July 1, 2016 to stockholders of record at the close of business on June 16, 2016. FedEx provides customers and businesses worldwide with a broad... More...>>
06/06/201612:00PMBWTNT Express Shares to be Delisted
FedEx Corporation (FedEx) (NYSE:FDX), FedEx Acquisition B.V. (the Offeror) and TNT Express N.V. (TNT Express) jointly announce that at the request of the Offeror and TNT Express, Euronext Amsterdam N.V. (Euronext) has confirmed its consent to delist the ordinary shares in the capital of TNT Express (the Shares) from Euronext... More...>>
06/02/20161:30AMBWFedEx Announces Results of Post-Closing Acceptance Period for TNT Express
FedEx Holds 98.45% of all TNT Express Shares Statutory buy-out expected to commence during third calendar quarter of 2016 Following statutory buy-out proceedings, FedEx will own 100% of TNT Express Delisting to occur as soon as possible This is a joint press release by FedEx Corporation, FedEx Acquisition B.V. and TNT... More...>>
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