|Bid||0.00 x 400|
|Ask||0.00 x 900|
|Day's Range||200.12 - 217.45|
|52 Week Range||200.12 - 274.66|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||11.37|
|Earnings Date||Dec 18, 2018|
|Forward Dividend & Yield||2.60 (1.16%)|
|1y Target Est||287.59|
Concerns over rising interest rates and expected further rate increases have hit several stocks hard since the end of the third quarter. NASDAQ and Russell 2000 indices are already in correction territory. More importantly, Russell 2000 ETF (IWM) underperformed the larger S&P 500 ETF (SPY) by about 4 percentage points in the first half of […]
FedEx Corp. is making an abrupt change to its leadership in the middle of the busiest shipping season, saying the president and CEO of the carrier’s Express unit will retire at the end of the year. David Cunningham, a FedEx veteran who has been with the company for more than three decades, will be replaced by current Chief Marketing and Communications Officer Raj Subramaniam, 52 years old, who has held various roles with the company over 27 years. SeongJoon Cho/Bloomberg News David Cunningham took the top job in the Express division in February 2017, replacing David Bronczek, FedEx’s current president and chief operating officer.
• FedEx Corp.: Dec. 17 is the last day to ship FedEx Home Delivery or FedEx Ground and be guaranteed to have your package make it by Dec. 25. FedEx 2Day shipments should be sent by Dec. 20 and FedEx overnight shipments should be sent by Dec. 21. FedEx has lots of different services with lots of different deadlines, and they are all listed here.
Logistics operators defied weaker national hiring trends in November, as parcel and warehouse firms added 16,100 jobs in a sprint into the holiday peak shipping season. Courier and messenger firms added 9,900 jobs in November, the strongest increase since December 2016, according to preliminary figures the Labor Department released Friday, in a strong sign that growing e-commerce delivery demands are driving more hiring in transportation and logistics. Corp. are bringing on tens of thousands of seasonal workers and investing heavily in automation to handle the crush of online volume.
One leader is retiring and another is rising to the top of FedEx’s largest division. At the end of 2018, David L. Cunningham, the president and CEO of FedEx Express, will retire. Taking his place as chief executive of FedEx Express is Raj Subramaniam, a 27-year veteran of FedEx and the current executive vice president, chief marketing, and communications officer of FedEx Corp. Cunningham started out in FedEx World Hub operations in 1982 and has held various executive roles in the company, including chief operating officer and president-International, FedEx Express Asia Pacific chief financial officer, and regional president of the Asia Pacific region.
FedEx Corp. (FDX) announced today that David L. Cunningham, president and chief executive officer of FedEx Express, will retire effective December 31, 2018. Raj Subramaniam, currently executive vice president, chief marketing and communications officer of FedEx Corporation, will succeed Cunningham effective January 1, 2019.
Walgreens Boots Alliance Inc. has teamed up with FedEx Corp. to launch a nationwide next-day prescription home-delivery service as the drugstore chain works to stave off competition from Amazon.com Inc. and other rivals. Under the delivery service called Walgreens Express, patients enrolled in text alerts will receive text notification when qualifying prescriptions are ready, Walgreens said Thursday. For a $4.99 fee, patients can have their prescriptions delivered by FedEx to their home as early as the next day.
DEEP DIVE No matter your views on last year’s corporate tax cuts, it’s reasonable to expect that they would lift earnings — and stock prices — of the largest U.S. industrial companies. But for many, the lift to share prices hasn’t happened.
Walgreens is gearing up for a battle with Amazon. The country’s second-largest pharmacy chain announced this week that it’s teaming up with FedEx to offer quick drug delivery. Through Walgreens Express, patients will be able to get prescriptions delivered to their home as quickly as the next day.
Walgreens and FedEx announced today a partnership that will provide next-day prescription drug deliveries from Walgreens pharmacies. The service will be available nationwide for Walgreens customers and will cost $4.99 per drop off. Walgreens said some markets will have an option for same-day delivery, and the company plans to expand that service next year.
Walgreens patients can now get prescriptions even faster, thanks to FedEx. Deerfield-based Walgreens Boots Alliance Inc. and Memphis-based FedEx Corp. have announced a new next-day prescription delivery service called Walgreens Express. Customers enrolled in Walgreens text alerts will receive a message when prescriptions are filled — and for a $4.99 fee can get it delivered to their house.
Walgreens is teaming with FedEx Corp. to offer one-day delivery of prescriptions. The Deerfield, Illinois-based pharmacy giant (Nasdaq: WBA) said the deal makes it "the fastest choice for next-day prescription delivery across the nation." The one-day delivery service will cost customers $4.99 per order. Walgreens added that it's also expanding its same-day delivery service, which is now currently available in Dallas, Chicago, New York City, and the Florida cities of Gainesville, Miami, Tampa, and Fort Lauderdale.
President Donald Trump called out Amazon for taking advantage of the U.S. Postal Service. This week, his own task force pointed out how package deliveries from Amazon and other e-commerce companies might be the thing that saves the money-losing agency.