|Bid||161.62 x 1300|
|Ask||162.08 x 800|
|Day's Range||161.93 - 166.90|
|52 Week Range||150.94 - 266.67|
|Beta (3Y Monthly)||1.70|
|PE Ratio (TTM)||11.92|
|Earnings Date||Jun 25, 2019|
|Forward Dividend & Yield||2.60 (1.37%)|
|1y Target Est||208.48|
The Dow jumps 200 points. So what happens next? A look at what the traders bought today, with CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Brian Kelly, Mark Tepper and Tim Seymour.
FedEx Supply Chain will supplant XPO Logistics Inc. as the operator of Cummins Inc.'s aftermarket distribution center in Memphis, Cummins said Wednesday, May 22. “The world doesn’t stop, and as we power a world that is always on, our employees and the work they do each day at our distribution center are critical to the success of our customers,” Doug Sunkel, Cummins' executive director, global logistics, said in a statement.
Citing the German publication Deutsche Verkehrs Zeitung (DVZ), a recent Lloyd's Loading List article suggests Amazon.com, Inc. (NASDAQ: AMZN) is expanding its European air operations. If true, Amazon could threaten the control of the European express market by the triumvirate of DHL, UPS Inc (NYSE: UPS) and FedEx Corporation (NYSE: FDX). Amazon expanded its online retail platform into Europe in its early days.
Football fans know that Nashville is home to the Titans of the National Football League, but according to a recent Forbes report, several titans of the business world also call Music City home. Forbes has released its 2019 Forbes Global 2000 — a list of the 2,000 largest public companies in the world — and four Middle Tennessee-based companies made the cut, led by HCA Healthcare Inc.
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
Next Generation Entrepreneurs Will Pitch Business Concepts at PGA TOUR Tournaments for the Opportunity to Earn a $75,000 Donation from FedEx
For the past nine years, our primary goal with the Ultimate Stock-Pickers concept has been to uncover investment ideas that reflect the most recent transactions of our grouping of top investment managers in a timely enough manner for investors to get some value from them. In cross-checking the most current valuation work and opinions of Morningstar's own cadre of equity analysts against the actions of some of the best equity portfolio managers in the business, we hope to uncover a few good ideas each quarter that investors can dig into a bit deeper to see if they warrant further action. With all but one of Ultimate Stock-Pickers having reported their holdings for the first quarter of 2019, we now have a good sense of which stocks piqued their interest during the period.
Benzinga has examined prospects for many investor favorite stocks over the past week. Bearish calls included biotechs and a recent IPO. Furthermore, investors also saw mixed economic numbers, as well as positive surprises in quarterly reports and initial public offerings, bad news for a market darling from the Supreme Court, and fresh news for whale watchers.
FedEx Corporation (NYSE: FDX ) is scheduled to report fiscal fourth-quarter results in late June, but what's more important for investors is the company's fiscal 2020 guidance, according to Morgan Stanley. ...
FedEx’s latest quarterly results were a disappointment to shareholders. It could happen again: Morgan Stanley sees a host of continuing challenges for the logistics company.
Walmart is trying to get people their orders even quicker. Yahoo Finance talks with Walmart CEO Doug McMillon about how the retailer plans to do this.
"I believe we're set upon a course, especially here in Memphis, to create those right pipelines [of IT workers]."
Perhaps no other company defines this century's digitized economy better than Amazon (NASDAQ:AMZN). By simply mentioning AMZN stock, the U.S. has a game-changing institution that's the envy of the world. But with unprecedented dominance comes fierce criticism and opposition.Source: Shutterstock Especially in the current political environment, it's become routine to blast the e-commerce giant as disruptive and exploitative. Even President Trump -- a man who isn't exactly popular -- went on the offensive against AMZN stock.Admittedly, many of these accusations have a ring of truth to them. But what's also true is that the company has made genuine efforts to revitalize the broader economy. For instance, in its latest bid to bring one-day deliveries to Prime customers, Amazon is funding courier service entrepreneurs.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere's the rub: they're asking AMZN employees to step up to the plate.Essentially, management wants some of their workers to quit their jobs and become entrepreneurs. The idea here is that these business owners will grow a delivery fleet to serve only Amazon customers, streamlining a segment of a multi-billion dollar industry. Of course, with e-commerce representing a greater share of all retail sales, this is a viable operation. * 7 Dividend Stocks to Buy as the Trade War Reignites To further incentivize volunteers, AMZN is offering a very generous offer: $10,000 to help with start-up costs, in addition to three-months' pay. Not only will this move boost the Amazon stock price longer-term, it may finally ease PR pressure. AMZN Employees Have Opportunity of a LifetimeOne of the best investments you could have made was to invest in Amazon stock early on. One meme circulating shows how $1,000 at the IPO would be worth $1.2 million today. Failing that, the next best choice is to partner with the company as it attempts to utterly dominate retail.Given a choice, I'll take the entrepreneurship offer over free shares of AMZN stock. Why? As a non-dividend paying growth name, you can't do much with the equity. Shares will either move higher or lower. But with the delivery-service partnership, you have the ability to control their compensation.Best of all, you don't have to deal with office politics. Your success (or failure) is entirely dependent on you. I believe this is a pivotal reason why entrepreneurs are happier than employees. This happiness segues perfectly into my next point… Partnership Offer Is a Great Deal for Amazon StockAs a former employee of several large corporations, I've experienced private couriers like FedEx (NYSE:FDX) and United Parcel Service (NYSE:UPS) from several angles. Generally speaking, the level of service varies by specific worker or business unit.I've encountered delivery drivers who made it clear that they hated their jobs. And over time, I've noticed less-personable service as a retail customer. Nowadays, the "track my shipment" option that many couriers offer is totally useless because the estimated arrival time window is too big.Most likely, that will change with a dedicated delivery network, eventually driving up the Amazon stock price. I say this because business owners, not employees, will handle the one-day delivery services. If a problem pops up, the managers of that particular route have every incentive to resolve it. If not, the entire business suffers. * 6 Trade War Stocks With a Lot of Risk Because personal pride and reputation is associated with each Prime shipment, I think you'll see better-than-expected performances. You can't say that about FedEx or UPS because each cog is tied to a bigger one. Therefore, on the delivery end, you don't find much motivation for operational excellence. This is an underappreciated tailwind for AMZN stock. AMZN Stock Can Finally Shed Its PR ControversiesAs I mentioned earlier, Amazon stock carries with it many controversies. Primarily, CEO and founder Jeff Bezos has disrupted the retail sector so much that several malls have simply collapsed. In those failures, however, lie terrible human tragedies.In addition, high-profile politicians and social advocates have accused Amazon of being tone deaf. The uproar was so great that ultimately, AOC upended HQ2 in NYC. Plus, you have Democratic presidential candidate Andrew Yang calling out the company for not paying federal taxes.But with the delivery-partnership program, AMZN can finally attract positive attention. That's because this program is an immediate job creator. True, Amazon has automated thousands of jobs into oblivion. But this partnership opportunity rewards those with a visionary spirit. In turn, these folks can grow their businesses in their communities, sparking a hiring surge.It also does away with the notion that Amazon stock is merely a consumptive entity. This bold strategy levers an accretive effect on communities impacted by either automation or disruption. At the very least, the move forces a nuanced discussion of big business in the 21st century.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 3 Reasons Why The New Delivery Service Program Will Lift Amazon Stock appeared first on InvestorPlace.
Cannabis presents a huge opportunity for transportation and logistics firms willing to navigate the chaos of an emerging market, a leading cannabis economist told FreightWaves. "Because this is such a nascent industry, there really are no rules and regulations, or they are based on precedents of other industries," said Beau Whitney, a Portland-based senior economist with New Frontier Data, a cannabis intelligence firm. A former high- tech business analyst, he got into the industry five years ago, after a student in an economics class Whitney was teaching at the University of Phoenix asked him about the size of the cannabis market.
Amazon wants to be plenty of things, the most predictable of which is itsambition to control America's shipping backbone
Amazon (AMZN) is doing something avant-garde, paying employees to quit and start their own business. Amazon is offering employees 3-months pay and $10,000 worth of startup funds to open their own local delivery services.
(FDX) stock (ticker: FDX) is rising along with much of the rest of the market Tuesday, although Bank of America Merrill Lynch writes that ongoing uncertainty about tariffs and the global economy could mean the logistic giant’s profit targets—and investors’ expectations—are too high. While it was hard to find a place to hide in the market in December, FedEx shareholders had more to worry about than just the general market decline, because the logistics giant forecast full-year results below analysts’ expectations. Of course, part of the problem is the continuing trade war.
Getting things from point A to point B in a timely and cost-effective manner: that’s Memphis. To discuss the city built on logistics, a group of industry experts gathered Monday, May 13, at the Crescent Club at the Crescent Center, focusing on the sector’s current opportunities and challenges as part of Memphis Business Journal’s Big Deals in Logistics event. Participants in the event were: Carolyn Hardy, president and CEO of Chism Hardy Investments LLC Joel Henry, president of Intermodal Cartage Co. LLC Dr. Udo Lange, chief operating officer for FedEx Logistics Richard McDuffie, chief operating officer for Dunavant Global Logistics Group.
Amazon, which is racing to deliver packages faster, is turning to its own employees with a proposition: Quit your job and we'll help you start a business delivering Amazon packages. The offer, announced Monday, comes as Amazon seeks to speed up its shipping time from two days to one for its Prime members. Amazon says it will cover up to $10,000 in startup costs for employees who are accepted into the program and leave their jobs.