| Date | Time | Source | |
| 03/27/2024 | 8:13AM | IHMARKETNEWS | Analysts’ Recommendations for March 27th: FedEx, Visa, Uber, Adobe…
Every morning, investors wake up to a flurry of analysts’ recommendations that can significantly impact their investment decisions. These insights often reflect changes in market sentiment, strategic shifts within companies, and evolving economic landscapes. Here’s a roundup of notable analyst recommendations... More...>> |
| 03/25/2024 | 9:26AM | IHMARKETNEWS | Tech Sector Weakness May Weigh On Wall Street
The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to move to the downside after ending last Friday’s choppy session mixed. Weakness among technology stocks may weigh on the markets, as reflected by the 0.5 percent drop by the Nasdaq 100 futures. Shares of Intel (NASDAQ:INTC... More...>> |
| 03/22/2024 | 4:40PM | IHMARKETNEWS | U.S. Stocks Close Mixed On The Day But Sharply Higher For The Week
After trending higher over the past several sessions, stocks turned in a relatively lackluster performance during trading on Friday. The major averages fluctuated over the course of the session before eventually ending the day mixed. While the Nasdaq (NASDAQI:COMP) inched up 26.98 points or 0.2 percent to a new record... More...>> |
| 03/22/2024 | 9:07AM | IHMARKETNEWS | FedEx Soars 13% with Profits Above Forecasts, Nike Hit by China Slowdown, and Latest News
FedEx (NYSE:FDX) – FedEx exceeded profit forecasts for the quarter, posting an adjusted profit of $3.86 per share, higher than the $3.45 per share expected by analysts consulted by LSEG. However, the company’s revenue did not meet estimates. FedEx also announced a $5 billion share buyback program. FedEx shares... More...>> |
| 03/21/2024 | 4:08PM | BW | FedEx Reports Higher Third Quarter Diluted EPS of $3.51 and Adjusted Diluted EPS of $3.86
Operating Income Up 19% Year Over Year; Up 16% on an Adjusted Basis Reduces Capital Spending Forecast Plans Additional $500 Million Share Repurchase in Fourth Quarter Board of Directors Authorizes New $5 Billion Share Repurchase Program Narrows Full-Year Earnings Outlook Range FedEx Corp. (NYSE: FDX) today reported the... More...>> |
| 03/21/2024 | 7:26AM | IHMARKETNEWS | U.S. Index Futures Rise as Fed’s Dovish Outlook Spurs Positive Investor Sentiment; Oil Prices See Minor Declines
U.S. index futures are showing an uptrend in Thursday’s pre-market, driven by the record close of the three major indexes in the previous session and the more “dovish” stance than anticipated by the Federal Reserve at the end of its latest monetary policy meeting. At 6:48 AM, Dow Jones futures (DOWI:DJI... More...>> |
| 03/11/2024 | 4:15PM | BW | FedEx EVP/CIO Robert B. Carter to Step Down June 30, 2024
Sriram Krishnasamy Named Chief Digital and Information Officer FedEx Corp. (NYSE: FDX) announced today that Robert B. Carter, EVP, FedEx Information Services & CIO, FedEx Corporation and co-president & co-CEO of FedEx Services, will retire after an exemplary career at FedEx for 31 years. He will step down from... More...>> |
| 02/29/2024 | 9:00AM | BW | FedEx to Launch 12th Annual Small Business Grants Program
10 Winners to be Selected; More Than $230,000 in Cash and Prizes to be Awarded FedEx Corp. (NYSE: FDX) today announced the upcoming launch of its 12th annual Small Business Grants Program, which will award more than $230,000 in grants and services to ten (10) U.S.- based small businesses. The application period will begin... More...>> |
| 02/21/2024 | 8:00AM | BW | FedEx Continues Pledge to HBCUs with Announcement of Third Student Ambassador Cohort
HBCU alumnus and three-time Super Bowl Champion Jerry Rice teams up with Mississippi Valley State University student and former cohort participant to kickoff year three Today, FedEx, the world's largest express transportation company, announced the third cohort of the FedEx-HBCU Student Ambassador Program. The program... More...>> |
| 02/16/2024 | 9:00AM | BW | FedEx Corp. Board Declares Quarterly Dividend
The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.26 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable April 1, 2024 to stockholders of record at the close of business on March 11, 2024... More...>> |
| 02/07/2024 | 11:42PM | BW | FedEx delivers the Vince Lombardi Trophy to Las Vegas ahead of Super Bowl LVIII
The Iconic Tiffany & Co.-Crafted Trophy Arrives at the Super Bowl Experience Presented by Toyota The coveted Vince Lombardi Trophy arrived on the scene in Las Vegas for Super Bowl LVIII on Wednesday via FedEx, the Official Delivery Service of the NFL. A FedEx Express delivery van transported the trophy to the Super... More...>> |
| 01/19/2024 | 6:09AM | IHMARKETNEWS | Wall Street Highlights: Macy’s Announces Job Cuts, iRobot Shares Plummet Due to Planned Acquisition Block, and More
In the pre-market on Friday, U.S. index futures are rising, extending the increase seen the day before, when the government avoided a shutdown with funding through March. Today, investors await earnings from major financial institutions, as well as data on sales of existing homes and consumer sentiment. At 05:43 AM, the... More...>> |
| 01/16/2024 | 6:15AM | IHMARKETNEWS | Wall Street Highlights: Apple Cuts iPhone Prices in China, Microsoft Launches Copilot Pro Subscription, and More
In Tuesday’s pre-market, U.S. index futures indicate a lower opening, as investors and analysts eagerly await the release of earnings reports from major banks, which promise to offer valuable insights into the current condition of the American consumer and the broader economic outlook. At 5:26 AM, Dow Jones futures... More...>> |
| 01/14/2024 | 9:45AM | BW | FedEx Announces First-Of-Its-Kind Data-Driven Commerce Platform
New digital platform, called fdx, will offer end-to-end e-commerce solutions FedEx Corp. (NYSE: FDX) today announced fdx, the first data-driven commerce platform that connects the entire customer journey — making it easier for companies to grow demand, increase conversion, optimize fulfillment, and streamline returns... More...>> |
| 01/05/2024 | 8:24AM | DJN | India Sets Collusion Probe of DHL, FedEx, UPS, Reuters Reports
--India's antitrust body is investigating the domestic units of global delivery companies such as Germany's DHL and U.S.-based United Parcel Service and FedEx for alleged collusion on discounts and tariffs, Reuters reports. --Following a complaint by the Federation of Indian Publishers, the Competition Commission... More...>> |
| 01/05/2024 | 6:14AM | IHMARKETNEWS | Wall Street Highlights: Google Rejects Union Negotiations, Exxon Mobil Announces $2.5 Billion Accounting Write-Down in California
U.S. index futures are registering a decline in pre-market trading this Friday, anticipating a crucial report on the job market as Wall Street seeks to overcome a lukewarm start to January. The three major indices are set to end nine consecutive weeks of gains, with the Nasdaq facing the biggest weekly drop, down 3.3... More...>> |
| 12/26/2023 | 9:40AM | DJN | FedEx Sets $1 Billion Accelerated Stock Buyback
By Colin Kellaher FedEx has inked a $1 billion accelerated share-repurchase agreement with Mizuho Markets Americas as part of the package-delivery giant's stock buyback program. The Memphis, Tenn.-based company on Tuesday said it expects an initial delivery of about 3.2 million shares, with final settlement by the... More...>> |
| 12/26/2023 | 9:00AM | BW | FedEx Initiates $1.0 Billion Accelerated Share Repurchase Agreement as Part of Its Commitment to Enhance Capital Returns to Stockholders
As part of its commitment to enhance capital returns to stockholders, FedEx Corp. (NYSE: FDX) today announced that it has entered into an accelerated share repurchase ("ASR") agreement with Mizuho Markets Americas LLC (“Mizuho”) to repurchase $1.0 billion of FedEx’s common stock as part of the company’s previously... More...>> |
| 12/22/2023 | 4:16PM | BW | Silvia Davila, Regional President, Latin America, Danone S.A., Elected to FedEx Board of Directors
FedEx Corporation (NYSE: FDX) announced today that Silvia Davila has been elected to the FedEx Board of Directors. Ms. Davila serves as the regional president of Latin America for Danone S.A., where she is responsible for leading operations in Mexico and for all categories in the Latin America region. She brings vast experience... More...>> |
| 12/20/2023 | 10:21AM | DJN | FedEx Down Over 10%, on Pace for Largest Percent Decrease Since September 2022 -- Data Talk
FedEx Corporation (FDX) is currently at $251.66, down $28.34 or 10.12% --Would be lowest close since Nov. 13, 2023, when it closed at $245.39 --On pace for largest percent decrease since Sept. 16, 2022, when it fell 21.4% --Currently down two consecutive days; down 10.73% over this period --Worst two day stretch since... More...>> |