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FEDEX News (NYSE:FDX)

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07/15/20168:08AMBWOn BizWireTV: Exclusive Data Shows Social Impact of Pokémon GO and a Sci Fi Inspired Prosthetic Arm
Featuring FENDI, Lifeliqe, Pokémon GO and Revlon On the latest BizWireTV, a new game has people scouring the streets for wild Pokémon and news of the game reached billions. Watch the full episode for more stories including Mobius Bionics, FedEx, Audible, BET Networks, Amazon and more on BizWireTV – featuring the Top... More...>>
07/11/20162:00PMBWFedEx Awards $100,000 to Winners of Fourth Annual Small Business Grant Contest
Harlem-Based Traditional African Beverage Company ‘Ginjan Bros’ Takes Home Grand Prize of $25,000 FedEx announced today that Ginjan Bros, LLC — a beverage company that develops and brings to market traditional African beverages — is the grand prize winner of its fourth annual FedEx Small Business Grant Contest... More...>>
07/08/20168:50AMDJNWorld Trade Organization Introduces Global Trade Indicator
SHANGHAI—Trade wonks and policy makers got a new data point to help assess the state of global trade, and the first reading wasn't encouraging. On Friday, the World Trade Organization launched a quarterly indicator on the sidelines of a Group of 20 Trade Ministers' meeting designed to forecast world trade... More...>>
07/06/20169:00AMBWFedEx Office Meets Evolving Customer Needs With Expanded Print Capabilities
Leading Print Provider Continues Technology Investment with State-of-the-Art Copier and Printer Fleets FedEx Office®, a world-class commercial print provider, has enhanced its copier and printer fleets with the rollout of more than 1,800 Canon imagePRESS C700 color digital press and over 1,400 HP DesignJet T3500 large... More...>>
07/05/20165:26PMBWFedEx Freight Greatly Simplifies Shipping with the New FedEx Freight® Box
FedEx Freight announces the launch of the FedEx Freight® box in the U.S. This new flat-rate1 freight box option makes transporting less-than-truckload (LTL) shipments simple, with improved flexibility, increased security, and best of all — no freight classification. The FedEx Freight® box packaging is included in the... More...>>
06/29/20166:00PMDJNThree Big U.S. Airlines Allege Additional State Subsidies to Qatar Airways
Days after the U.S. government said it intends to hold "informal" discussions with two Persian Gulf governments over a trade dispute brought by three big U.S. airlines, the U.S. carriers said they have uncovered evidence that the government of Qatar provided additional subsidies to Qatar Airways. Qatar Airways... More...>>
06/27/20166:20PMDJNU.S. to Hold Talks with U.A.E., Qatar in Airline Dispute
The State Department intends to hold "informal, technical discussions" with the United Arab Emirates and Qatar next month about a dispute over Persian Gulf airlines' funding and access to the U.S. market, according to people familiar with the matter. But the State Department isn't planning to move to... More...>>
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...>>
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