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Traders Purchase Large Volume of Put Options on FedEx
2014-10-07 08:07:33| Air Courier - Topix.net
Shares of FedEx saw some unusual options trading on Monday. Stock traders bought 10,072 put options on the company, Stock Ratings Network reports.
Tags: options
large
put
purchase
FedEx Says Kansas Ruling on Drivers Based on Old Practice
2014-10-06 19:45:44| Air Courier - Topix.net
FedEx Corp. said a ruling by the Kansas Supreme Court that, under state law, its drivers are employees rather than independent contractors applies to a business practice it hasn't been using since 2011. The company said in a statement posted on its website that it has switched to contracting with businesses that treat the drivers as their employees.
Tags: based
practice
kansas
drivers
Court rules in favor of FedEx drivers in Kansas, Bloomberg says
2014-10-06 01:04:14| Air Courier - Topix.net
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: Akorn upgraded to Outperform from Sector Perform at RBC Capital... Alexandria Real Estate upgraded to Buy from Hold at ISI Group... Baidu upgraded to Buy at UBS... Banner Corp. upgraded to Buy from Neutral at DA Davidson... Boston Properties upgraded to Buy from Hold at ISI Group... Brocade upgraded to Hold from Sell at Summit Research... Chico's FAS upgraded to Outperform from Perform at Oppenheimer... Energy Transfer Partners upgraded at Morgan Stanley... Equity One upgraded to Buy from Hold at ISI Group... FedEx upgraded to Outperform from Market Perform at Cowen... Himax upgraded at Craig-Hallum... Janus Capital upgraded at Morgan Stanley... Kilroy Realty upgraded to Buy from Hold at ISI Group... LRR Energy upgraded to Buy from Hold at Stifel... Nationstar upgraded at Sterne Agee... Nexstar upgraded to Buy from ... (more)
FedEx Drivers Win Kansas Top Court Ruling on Employment
2014-10-04 13:15:06| Air Courier - Topix.net
FedEx Corp. drivers in Kansas, in the lead case among 21 consolidated lawsuits over unpaid expenses and overtime, won a ruling by the Kansas Supreme Court that they're employees and not independent contractors. The state's top court issued the decision yesterday in response to a request for guidance from the U.S. Court of Appeals in Chicago.
Tags: top
win
court
employment
FedEx EVP Unloads $5,475,641 in Stock
2014-10-04 05:55:14| Air Courier - Topix.net
FedEx EVP T Michael Glenn sold 34,425 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $159.06, for a total transaction of $5,475,640.50.
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