|Bid||173.1600 x 800|
|Ask||173.2600 x 2900|
|Day's Range||172.15 - 177.08|
|52 Week Range||150.94 - 272.88|
|Beta (3Y Monthly)||1.93|
|PE Ratio (TTM)||9.36|
|Earnings Date||Mar 19, 2019|
|Forward Dividend & Yield||2.60 (1.50%)|
|1y Target Est||224.48|
David Abney, UPS chairman and CEO, joins "Squawk Box" at the World Economic Forum at Davos to discuss the state of global trade considering some of the turmoil coming out of China.
The elite are out in full force at this year's World Economic Forum in Davos, Switzerland. Their collective cautious tone will likely weigh on near-term market sentiment.
Amazon recently expanded its nascent home-delivery service, called Amazon Shipping, beyond test markets in London and Los Angeles. The online retailer is offering to pick up shipments from merchants’ warehouses and deliver them directly to shoppers, The Wall Street Journal has previously reported. The end-to-end service is part of Amazon’s quest to build up its own delivery network and handle more of the millions of items sold through its site.
Since taking over one of FedEx’s operating companies in 2017, Richard Smith's strategy has transformed a highly fragmented entity into a unified unit.
UPS is broadening the tests for its new delivery technology — moving well beyond the Big Apple to include the Peach State.
Industry disruptors that still call the shots for their publicly traded companies aren’t easy to find.
FedEx Corp. (FDX) is once again ranked among the most admired companies in the world, according to a survey published in FORTUNE magazine. The annual “World’s Most Admired Companies” report released today lists FedEx as the No. 10 ranked company overall. This is the 19th consecutive year that FedEx has ranked among the top 20 in the FORTUNE Most Admired Companies List, with 15 of those years ranking among the top 10.
# FedEx Corp ### NYSE:FDX View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is extremely low for FDX with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting FDX. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding FDX totaled $1.42 billion. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. FDX credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Johnson & Johnson JNJ – Johnson & Johnson earned an adjusted $1.97 per share for the fourth quarter, 2 cents a share above estimates. Travelers TRV – The insurance company reported adjusted quarterly profit of $2.13 per share for the fourth quarter, compared to the consensus estimate of $2.05 a share. Stanley Black & Decker SWK – The tool maker earned an adjusted $2.11 per share for the fourth quarter, a penny a share above estimates.
Futures on the S&P 500 Index were down 0.5 percent at 9:40 a.m. in London while contracts on the Dow Jones Industrial Average and Nasdaq 100 fell 0.5 percent and 0.7 percent respectively. The slump extends Monday’s decline amid signs the trade dispute between Washington and Beijing will take longer to resolve than first thought. The U.S. stock market was closed Monday for Martin Luther King Jr. Day.
Germany's Deutsche Post (XTER:DPWA) has been the market share leader of couriers and local delivery service providers globally. The company's exposure to Europe made its stock price susceptible to market whims, especially with the already recorded slowdown in major economies outside the U.S. Warning! GuruFocus has detected 2 Warning Signs with RCG.
The parcel company announced in December that it would be offering voluntary buyouts to ease pressure on profits that have been hit by troubles in its express delivery unit and the integration of European company TNT. FedEx had said that the vast majority of its buyout offers would be made to workers at the FedEx Express unit, which has 227,000 employees, and at FedEx Services, which employs 30,000 people. FedEx did not announce how many jobs it seeks to cut, but has said previously that it would extend similar voluntary buyouts to international workers too.
FedEx Corp said on Friday it could take as much as $575 million in charges as it began offering voluntary cash buyouts to certain U.S-based employees in a bid to reduce costs. The parcel company announced in December that it would be offering voluntary buyouts to ease pressure on profits that have been hit by troubles in its express delivery unit and the integration of European company TNT. FedEx had said that the vast majority of its buyout offers would be made to workers at the FedEx Express unit, which has 227,000 employees, and at FedEx Services, which employs 30,000 people.