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Explaining the Logistics Behind FedEx Corporation's 19% Surge in March
2016-04-04 21:03:38| Logistics - Topix.net
The reason behind FedEx's strong mid-month move boils squarely down to its third-quarter earnings results. So what: For the quarter, FedEx reported an adjusted profit of $2.51 per share, up 24% from Q3 2015, and revenue of $12.7 billion, or a nearly 9% increase from the prior-year period.
Tags: in
march
logistics
corporations
FedEx Co. (FDX) Lifted to Buy at Vetr Inc.
2016-04-04 01:11:03| Air Courier - Topix.net
The brokerage currently has a $169.12 target price on the shipping service provider's stock. Vetr 's price target would suggest a potential upside of 3.33% from the company's previous close.
FedEx Co. (FDX) Rating Increased to Buy at TheStreet
2016-04-03 05:13:08| Air Courier - Topix.net
A number of other research analysts have also weighed in on the stock. Goldman Sachs reaffirmed a "buy" rating and issued a $182.00 price target on shares of FedEx in a research note on Friday, December 18th.
Tags: buy
rating
increased
fedex
FedEx Well-Positioned To Capture Demand
2016-04-01 23:10:38| Air Courier - Topix.net
We like FedEx's decision to acquire TNT Express. The company will gain access to the firm's European distribution network, while TNT will be able to capitalize on FedEx's global one.
FedEx Debuts Cold Chain Center to Keep Shipments Chilled During Delays
2016-03-30 16:13:44| Air Courier - Topix.net
FedEx's latest investment in its Memphis hub is an expensive insurance policy against spoiled medicines and food, wilted flowers and melted chocolates. The company on March 29 unveiled the FedEx Cold Chain Center, designed to hold frozen, refrigerated and controlled room temperature shipments when they're delayed in transit through the hub.
Tags: center
cold
chain
delays
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