FEDEX News (NYSE:FDX)

DateTimeSource
Headline
03/27/20178:00AMPRNUSFedEx and JA Worldwide Tee-Up Inaugural "FedEx Junior Business Challenge"
FedEx and JA Worldwide Tee-Up Inaugural "FedEx Junior Business Challenge" Young Entrepreneurs Set to Pitch Business Concepts at PGA TOUR Tournaments for a Chance to Receive $75,000 Donation PR Newswire MEMPHIS, Tenn., March 27, 2017 MEMPHIS, Tenn., March 27, 2017 /PRNewswire/ -- FedEx Corp. (NYSE: FDX) and JA... More...>>
03/22/201711:44AMDJNCorrection to FedEx Earnings Story
FedEx Corp. affirmed its forecast for adjusted annual earnings per share at $11.85 to $12.35. The article "FedEx Lowers Annual Profit Guidance After Quarterly Results Miss Target," published Tuesday at 5:17 p.m. ET and updated at 5:32 p.m., incorrectly said the company cut the forecast. (END) Dow Jones Newswires... More...>>
03/22/20173:02AMDJNFedEx Margins Decline -- WSJ
By Paul Ziobro FedEx Corp. said some of its largest retail customers shipped fewer packages during the holiday season than forecast, after the delivery giant had ramped up spending and staffing in anticipation of a crush of deliveries. "We provided capacity that went unused," FedEx Chief Financial Officer Alan... More...>>
03/21/20178:14PMDJNFedEx Braced for a Holiday Crush That Didn't Come
By Paul Ziobro FedEx Corp. said some of its largest retail customers shipped fewer packages during the holiday season than forecast, after the delivery giant had ramped up spending and staffing in anticipation of a crush of deliveries. "We provided capacity that went unused," FedEx Chief Financial Officer Alan... More...>>
03/21/20176:02PMDJNFedEx Lowers Annual Profit Guidance After Quarterly Results Miss Target
By Maria Armental FedEx Corp. on Tuesday cut its profit projection for the year, but the package-delivery giant expects investments in its ground operations to pay off over the next three years. FedEx said it now expects to make $10.80 to $11.30 a share in adjusted profit, down from its earlier view of $10.95 to $11.45... More...>>
03/21/20175:57PMDJNCorrection to FedEx Story
Excluding integration and restructuring costs tied to the acquisition of TNT Express, FedEx's profit fell to $2.35 a share from $2.51 a share." (END) Dow Jones Newswires March 21, 2017 17:42 ET (21:42 GMT) Copyright (c) 2017 Dow Jones & Company, Inc. More...>>
03/21/20175:47PMDJNFedEx Lowers Annual Profit Guidance After Quarterly Results Miss Target
By Maria Armental FedEx Corp. on Tuesday cut its profit projection for the year, but the package-delivery giant expects investments in its ground operations to pay off over the next three years. FedEx said it now expects to make $10.80 to $11.30 a share in adjusted profit, down from its earlier view of $10.95 to $11.45... More...>>
03/21/20174:15PMBWFedEx Corp. Reports Third Quarter Earnings
FedEx Corp. (NYSE: FDX) today reported earnings of $2.07 per diluted share ($2.35 per diluted share on an adjusted basis) for the third quarter ended February 28, compared to earnings of $1.84 per diluted share a year ago ($2.51 per diluted share last year on an adjusted basis). This year’s and last year’s quarterly... More...>>
03/21/201711:00AMBWFedEx Express to Launch Liege-Memphis Flight
Important milestone in the integration of TNT gives TNT customers direct access to FedEx Express North America network FedEx Express (FedEx), the world’s largest express transportation company and a subsidiary of FedEx Corp. (NYSE: FDX), will begin operating a new flight linking TNT’s European air hub in Liège (Belgium... More...>>
03/20/20172:57PMDJNHoliday Update, TNT Express Impact in Focus When FedEx Reports -- Earnings Preview
By Paul Ziobro FedEx Corp. is scheduled to announce its fiscal third-quarter earnings after the market close Tuesday. Here's what you need to know: EARNINGS FORECAST: Analysts polled by Thomson Reuters expected FedEx to earn $2.62 per share, compared with $2.51 in the year-earlier quarter. FedEx said in December that... More...>>
03/09/20178:00AMBWFedEx Express Expands First Overnight To More Than 4,400 Zip Codes
FedEx Customers Will Benefit with Early Morning Delivery to More Businesses Across the U.S. FedEx Corp. (NYSE: FDX) announced it has expanded its FedEx First Overnight® service to more than 4,400 zip codes across the U.S. With this expansion, the service now reaches more than 32,000 zip codes for next-business day delivery... More...>>
03/07/20175:09AMDJNEU Court Ruling Says EC Infringed UPS's Right of Defense
By Natalia Drozdiak BRUSSELS--The European Union's second-highest court on Tuesday annulled a 2013 decision by the bloc's antitrust watchdog to block United Parcel Service Inc.'s (UPS) $7 billion bid for Dutch parcel-delivery company TNT Express NV on the basis of procedural missteps by the regulator. The... More...>>
03/01/20176:03AMPRNUSPenni Robertson, 'A Shining Light for Children', Named America's Favorite Crossing Guard
Penni Robertson, 'A Shining Light for Children', Named America's Favorite Crossing Guard As School Zones Become Less Safe for Student Pedestrians, Recognition Highlights Vital Contributions Crossing Guards Make Every Day to Protect Kids PR Newswire LAKE ORION, Mich., March 1, 2017 LAKE ORION, Mich., March 1, 2017 /PRNewswire-USNewswire/... More...>>
02/23/20173:00PMBWFedEx Extends Relationship with Joe Gibbs Racing
Longstanding Sponsorship Continues with Denny Hamlin Driving the #11 FedEx Toyota FedEx announced today its extension with Joe Gibbs Racing to serve as the sponsor of the #11 Toyota with driver Denny Hamlin in the Monster Energy NASCAR Cup Series. “FedEx has been synonymous with the #11 car and Denny Hamlin for many... More...>>
02/23/20178:08AMBWWatch now: BizWireTV Announces Star Wars Force Friday II, Covers Mobile World Congress and Toy Fair New York
View the Interactive Episode at www.BizWireTV.com Featuring Apple Inc., Disney, FedEx, Ford, GSMA, Hasbro, Minute Media, Ozobot, Panasonic, PicsArt, SpaceX, Top Hat, TVSquared and UBTECH Robotics On the latest BizWireTV, catch all the Quick Biz Hits and see what’s happening in the startup world with the Accelerator Report... More...>>
02/23/20178:00AMBWFedEx Extends Express Air Transportation Contract With United States Postal Service
FedEx Corp. (NYSE: FDX) today announced that its FedEx Express subsidiary has entered into an extension to the express air transportation contract with the United States Postal Service originally executed on April 23, 2013. The contract modification extends the agreement through September 29, 2024. The modified contract... More...>>
02/21/20177:13PMBWFedEx Launches Fifth Annual Small Business Grant Contest
$120,500 in Total Cash and Prizes Up for Grabs in 2017 Contest FedEx Corp. (NYSE: FDX) today announced that it will launch its fifth annual Small Business Grant Contest on February 21, 2017. This year, the contest offers grants and services to ten small businesses, distributing a collective prize pool of $120,500—the... More...>>
02/21/201712:15PMBWGiant Panda Bao Bao Departs Smithsonian’s National Zoo for China
FedEx Panda Express Will Proudly Deliver Bao Bao to Her New Home at the China Conservation and Research Center in Chengdu Bao Bao (BOW-BOW) the 3 ½ year-old giant panda began her journey to China this morning. She departed the Smithsonian’s National Zoo at 11 a.m. for Dulles International Airport, where she will board... More...>>
02/17/20179:00AMBWFedEx 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 April 3, 2017 to stockholders of record at the close of business on March 13, 2017. FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide... More...>>
02/16/201710:00AMBWFedEx Earns No. 11 Spot on the FORTUNE World’s Most Admired Companies List
FedEx Corp. (NYSE: FDX) is once again ranked among the most admired companies in the world, according to a survey published in FORTUNE magazine. The annual “World’s Most Admired Companies” report released today lists FedEx as the No. 11 ranked company overall. The survey measures nine attributes related to financial... More...>>
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