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FedEx Chairman Contradicts Fed Chief, Sparking Downgrades

2013-06-20 22:51:11| Air Courier - Topix.net

The downgrades come after FedEx reported strong fourth-quarter earnings on Wednesday but issued cautious guidance for 2014 that flies in the face of decidedly more upbeat remarks from Fed Chairman Ben Bernanke following the latest meeting of the Federal Open Market Committee.

Tags: chief chairman fed fedex

 

FedEx Plans Acquisitions in Southern Africa

2013-06-20 22:51:10| Air Courier - Topix.net

FedEx Corp. said Thursday it has signed agreements to acquire the businesses operated by its current service provider Supaswift Ltd. in five countries in southern Africa.

Tags: plans africa southern acquisitions

 
 

FedEx Not Particularly Expensive, But Analysts Still Too Positive

2013-06-20 02:22:12| Air Courier - Topix.net

Although I have tremendous respect for the business that FedEx has built, the same cannot be said of my opinion of most analysts' models and valuations for this company.

Tags: still too positive expensive

 

Stocks to Watch: FedEx, Micron are Wednesday's stocks to watch

2013-06-20 01:11:51| Electronics - Topix.net

Among the shares expected to see active trade in Wednesday's session are those of FedEx Corp., Micron Technology Inc. and Red Hat Inc. While some watch the Fed, others will watch FedEx.

Tags: to watch stocks fedex

 

Mid-Morning Market Update: Markets Edge Lower, FedEx Posts Upbeat Profit

2013-06-19 21:11:21| Furniture - Topix.net

Following the market opening Wednesday, the Dow traded down 0.17 percent to 15,292.21 while the NASDAQ declined 0.06 percent to 3,480.22.

Tags: posts market lower update

 

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