FedEx Corp

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Friday, November 17


News

FedEx Corp. Board Declares Quarterly Dividend

FDX

The Board of Directors of FedEx Corporation (FDX) today declared a quarterly cash dividend of $0.50 per share on FedEx Corporation common stock. Nov 17 (Reuters) - Fedex Corp. * FedEX CORP board declares quarterly dividend. com. com: http://www.

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Wednesday, November 15


News

2 Top Shipping Stocks to Consider Buying Now -- and 1 to Avoid

FDX AMZN

UPS and FedEx are spending billions on IT and infrastructure to keep pace with the surge in retail deliveries. But the company has also moved aggressively to build its e-commerce offering assuming online shopping does continue to skyrocket, and to thrive even if Amazon does take much of its own logistics business in-house. While UPS and FedEx have been under pressure from Amazon concerns, Atlas Air has benefited from its newfound relationship with the e-commerce giant. The company's forward P/E, based on what analysts are expecting it to earn in the next 12 months, is a more comfortable 25.03. The biggest risk to investors could be if Jacobs decides it's time to move on and explore something else.

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Monday, November 13


News

FedEX, UPS Among Goldman's Recommendations Ahead Of Peak Freight Season

FDX GS

Goldman Sachs is bullish on FedEx and UPS heading into the peak season. Goldman Sachs initiated coverage on FedEx with a Buy rating and $270 price target. Shares of FedEx were up 1.5 percent to $221.43 at the time of publication. FedEx, UPS Shrug Off Amazon Challenge...

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finance.yahoo.com
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Buy FedEx and UPS on global trade upside, overblown Amazon fears: Goldman Sachs

FDX AMZN

But while UPS may see upside abroad, shares tumbled last month after reports that Amazon. "Concerns about margins and what impact Amazon may have on the airfreight and logistics industries are overstated and point to dependency on the US Postal Service and the $125 billion capex hurdle we think it would cost to compete in airfreight and logistics on a global scale. "We believe that the upcoming peak season and ongoing restoration of the TNT systems are catalysts for FDX shares," wrote the analyst. "While fiscal year 2018 likely carries noise from TNT integration, we estimate FedEx will meet its more than 10 percent earnings per share growth and 10 percent or more operating margins in fiscal year 2019. The analyst's $270 price target on FedEx represents 24 percent upside from Friday's close.

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Friday, November 10


News

FedEx to Deliver 200,000th Tree to Military as Part of Trees for Troops Initiative

FDX

“The Trees For Troops program is about more than just delivering trees—we are delivering a piece of the Christmas spirit to our U.S. military and their families,” said Mike Ducker, president and CEO of FedEx Freight. Now in its 13th year, Trees for Troops will achieve a milestone this year by reaching more than 200,000 trees delivered to service members and their families—covering every branch of the military at close to 65 bases in 17 countries. About the Christmas SPIRIT Foundation and Trees for Troops. Trees for Troops was selected by the U.S. Coast Guard as the recipient of the 2017 Spirit of Hope Award.

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Featured Company News - FedEx Express Purchased Up to 50 New ATR 72-600F Aircrafts from ATR

FDX

Featured Company News - FedEx Express Purchased Up to 50 New ATR 72-600F Aircrafts from ATR. ATR 72-600F, the Only New Large Regional Aircraft Available for Freighter Operations. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document.

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finance.yahoo.com
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UPDATE 1-Turboprop maker ATR clinches U.S. comeback with FedEx order

FDX

PARIS, Nov 8 (Reuters) - ATR, the world's largest maker of regional turboprop planes, on Wednesday announced an order from FedEx Express for at least 30 newly designed 72-600F freighter models, sealing its return to the lucrative U.S. market for the first time in over two decades. ATR, a joint venture between Airbus and Italian company Leonardo, said the FedEx order comprised firm plans to buy 30 of the planes, with an option to buy another 20. Deliveries will begin in 2020, it added. Industry sources say the Airbus veteran was involved in a previous assault on the U.S. market via FedEx in the 1980s, when the then struggling European company struck a tentative deal to sell 24 unwanted jets to the U.S. package firm. The U.S. deal is a victory for ATR chief executive Christian Scherer, who was appointed a year ago with plans to expand the European company's footprint.

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Thursday, November 09


News

Glenn joins Oak Hill Capital Partners as senior advisor

FDX

T. Michael Glenn has joined Oak Hill Capital Partners as a senior advisor and operating consultant. Glenn joins Oak Hill Capital Partners as senior advisor. T. Michael Glenn has joined Oak Hill Capital Partners as a senior advisor and operating consultant. Glenn joins Oak Hill Capital Partners as senior advisor.

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pehub.com
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Wednesday, November 08


News

FedEx opens large new freight complex on former Lexmark land

FDX

The FedEx freight service center, under construction earlier this year, will open this week. Charles Bertramcbertram@herald-leader. The new complex replaces the old service center located northwest of the older one at 2541 Leestown Road. The new Lexington center is centrally located to provide coverage to communities including Berea, Danville, Frankfort, Georgetown, Morehead, Richmond and Versailles, the statement said.

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kentucky.com
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Turboprop maker ATR clinches U.S. comeback with FedEx order

FDX

ATR earlier this year reported a preliminary deal to supply 20 aircraft to Fort Lauderdale-based Silver Airways, but the FedEx deal marks its first firm contract in the world's largest aviation market and involves a marquee customer. The aircraft will be the first to be delivered by the Franco-Italian planemaker in a brand-new freighter configuration rather than as passenger planes, a move that may also boost the recently lacklustre second-hand market for its turboprop fleet. Industry sources say the Airbus veteran was involved in a previous assault on the U.S. market via FedEx in the 1980s, when the then struggling European company struck a tentative deal to sell 24 unwanted jets to the U.S. package firm. The U.S. deal is a victory for ATR chief executive Christian Scherer, who was appointed a year ago with plans to expand the European company's footprint.

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