|Bid||0.00 x 1800|
|Ask||0.00 x 800|
|Day's Range||240.16 - 242.67|
|52 Week Range||204.69 - 274.66|
|PE Ratio (TTM)||14.35|
|Earnings Date||Sep 17, 2018|
|Forward Dividend & Yield||2.60 (1.06%)|
|1y Target Est||286.24|
On July 31, Western US rail giant Union Pacific (UNP) saw its stock set a new all-time high of $151.50. In the last week of July, the company announced a 10% dividend rise, taking its dividend per share to $0.80 from $0.73.
The online retail war is fast heating up with retailers focusing on not only faster delivery service but also affordable shipping fees.
It tracks the views of small businesses, as well. In the fourth installment of FedEx’s Trade Index, the survey showed the importance of global trade to small businesses. The FedEx Trade Index surveyed about 1,000 small business leaders in July and found that 82 percent see an increase in U.S. trade as beneficial to the economy, up 6 percentage points from a prior survey conducted in January.
(Reuters) - FedEx Corp said on Friday it would not charge customers extra fees for most packages delivered to homes during the peak holiday shopping season, except packages that are oversized, unauthorized or require additional handling. FedEx would charge $3.20 at its U.S. express business and U.S. and international ground services for a package that needs additional handling, while the surcharge on an oversized package would be $27.50. FedEx on Friday also updated its surcharges on some U.S. and international packages, effective September and January.
FedEx would charge $3.20 at its U.S. express business and U.S. and international ground services for a package that needs additional handling, while the surcharge on an oversized package would be $27.50. FedEx on Friday also updated its surcharges on some U.S. and international packages, effective September and January. The rise of e-commerce has forced UPS and FedEx to grapple with increased volumes of massive goods such as sofas and televisions that consumers are increasingly buying online.
Peak Surcharges Updated on Shipments that are Oversized, Unauthorized or Require Additional Handling
For the first time in 14 years, the Memphis Grizzlies have a fresh, new look. Following a multiyear redesign, the team unveiled this evening three new Nike jerseys and two new basketball court designs. The Aug. 2 announcement was made in partnership with FedEx Corp., who signed on as the team’s first-ever jersey sponsor.
The FedEx Express fleet in China just got a lot more green. Memphis-based FedEx Express — a subsidiary of FedEx Corp. — announced Aug. 1 that it deployed 48 pure electric vehicles across 13 cities in China. “In China, FedEx has been investing in ground operations facilities and tools to improve operational efficiency and reduce environmental impact,” said Jimmy Chen, regional vice president of FedEx China, in a release.
In this final article in the series, we’ll turn to analysts polled by Thomson Reuters for their recommendations on United Parcel Service (UPS) after its second-quarter results. Of the 27 analysts covering UPS, six analysts (22.2%) recommended a “strong buy” for UPS stock.
MetLife Inc. has tax-code changes and a deal with FedEx Corp. to thank for second-quarter profit that beat analysts’ expectations. Earnings at the U.S. business surged 36 percent from a year earlier, fueled by a reduced corporate-tax rate and a pension-risk transfer contract won from FedEx, the New York-based life insurer said Wednesday in a statement. Adjusted earnings per share came in at $1.30, beating the $1.17 estimate from 17 analysts surveyed by Bloomberg.
In the previous part, we assessed United Parcel Service’s (UPS) US Domestic Package segment. Here, we’ll review the parcel delivery giant’s International Package segment’s performance in the second quarter.
The attack, which spread in June 2017 through a corrupted software update from a small Ukrainian firm, was also a wake-up call that the U.S. government needs to play a bigger role in defending companies against state-sponsored attacks, Mr. Sun said at a Department of Homeland Security cybersecurity summit in New York on Tuesday. FedEx was hit by the NotPetya malware through TNT Express, a Ukrainian shipping company it acquired in 2016. FedEx has spent about $400 million recovering from NotPetya, the company told analysts in a June earnings call.
Previously, we looked at a snapshot of United Parcel Service’s (UPS) total second-quarter revenues. In this part, we’ll examine the company’s US Domestic Package segment. This segment is the largest contributor to UPS’s business, accounting for ~60.0% of its revenues.
Investing.com - Real estate stocks surged in midday trading in the wake of solid quarterly results and a drop in interest rates.
MARKET PULSE The Dow Jones Transportation Average (djt) surged 1.7% toward a six-month high, with all 20 components gaining ground, as a selloff in crude oil prices helped fuel some gains. The biggest gainers within the Dow transports were shares of package delivery giants FedEx Corp.
FedEx has added a new flight to increase connectivity between Japan and Vietnam. Memphis-based FedEx Express — a subsidiary of FedEx Corp. — announced July 25 it added a new route from Noi Bai International Airport in Hanoi, Vietnam, and Baiyun International Airport in Guangzhou, China. FedEx cited the double-digit trade growth for imports and exports between the Japanese and Vietnamese markets as the reason for the additional route.
Since cratering after earnings last month, FedEx (NYSE:FDX) has been clawing its way out of the abyss. At $238, FDX stock has now rallied 7% off the lows. With resistance fast approaching the mettle of buyers will soon be tested.