7:14 am FedEx Shareowners Deliver for Executives
Leading transportation company FedEx (FDX 162.18) is up 12.8% year-to-date. That is a hefty move, yet it is small change compared to the 92% gain it has logged over the past two years.
With the latter in mind, it is perhaps little surprise that the results of its annual shareowner meeting were favorable for the company's executives.
Briefly, all 12 director nominees to the Board of Directors were re-elected for a one-year term, the compensation of its executive officers was approved, and shareowners voted against a proposal …More