|Bid||149.58 x 30000|
|Ask||150.64 x 30000|
|Day's Range||146.72 - 146.72|
|52 Week Range||133.50 - 219.70|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||72.28|
|Forward Dividend & Yield||2.32 (1.59%)|
|1y Target Est||N/A|
The cover story in this weekend's Barron's examines a cheap but controversial bet on the future of tech. Other featured articles offer gold mining, consumer spending and fintech stock picks. Also, the ...
Retirement Systems of Alabama made the investment moves in the second quarter. Stock in Walmart has reached record highs since then.
The package-delivery giant is profiting from the growth of e-commerce and a reduction in spending. Here’s what investors are missing.
Less stringent requirements for all-cargo airline operations compared with those for passenger operations are causing unnecessary safety risks, an airline representative has warned. Testifying on July 17 before the U.S. House Transportation & Infrastructure subcommittee on aviation, Joe DePete, president of the Air Line Pilots Association and a former pilot with FedEx Express, said that many of the safety and security layers working to protect the passenger airline industry are absent from regulations covering all-cargo airlines operated by companies such as FedEx Corp. (NYSE: FDX), UPS Inc (NYSE: UPS) and Atlas Air Worldwide Holdings (NASDAQ: AAWW).
FedEx Corp (FDX) files its latest 10-K with SEC for the fiscal year ended on May 31, 2019. FedEx Corp is the world's largest express courier delivery firm. Continue reading...
The website says it all: "Flying is complex." And with that, Wing, a subsidiary of Google parent Alphabet Inc. (NASDAQ: GOOGL), has introduced an app that it believes could form the basis for an air traffic control system for drones. The OpenSky app is now available in the Google Play story and in the Apple App Store, but while it is designed for use now by tracking as few as one or a fleet of drones, Alphabet is betting its technology will underpin a future system when drones in the sky outnumber delivery vans on the roads, and someone will need to keep track of that air traffic. Many businesses use drones for surveying, and more are using them to deliver goods, and it is that audience Wing is targeting with the app.
Buy transports at the bottom of the freight cycle, starting with the cheapest companies that have plausible self-help stories, Goldman Sachs' new transport equities analyst Jordan Alliger counseled in a recent note. UPS Inc (NYSE: UPS), FedEx Corp (NYSE: FDX) and J.B. Hunt (NASDAQ: JBHT) received ‘Buy' ratings.
For example, an automotive supplier, faced with the prospect of huge fines – as well as the possibility of lost business – in the event its customer's line goes down for want of critical parts, will spend thousands of dollars to ensure an air charter is available to whisk the needed parts to their destination as fast as possible. The story cited a report from Cambridge Property & Casualty that an unidentified auto company will levy a $500 per-minute penalty if a late delivery shuts down its assembly line.
Amazon.com, Inc. (NASDAQ: AMZN) has encountered many defining moments in its quarter century of reshaping American commerce. At 2:59 AM eastern time July 15, Amazon will unleash "Prime Day," the online ordering extravaganza that in its fifth year is fast rivalling in relevance the day after Thanksgiving, known as "Black Friday," in the hearts, minds and wallets of an e-commerce-obsessed global populace (It will be available in 18 countries this year). FedEx did not renew its domestic air contract with Amazon, but is still providing ground deliveries which is expected to be a key part of the Prime Day mosaic.
The delivery giant has made a good start toward bottoming on its charts, but the full tale has yet to be told with its shares.
Goldman Sachs initiated coverage on both stocks with Buy ratings, arguing that the stocks have gotten too cheap and could rise 20% over the next 12 months.
E-commerce and long-term global trade are expected to be catalysts for the air freight and logistics industry.
One of the great untold stories of the 10-year economic expansion – in fact of the past 40 years – has been the logistics industry's role in mitigating the booms and busts that have plagued U.S. economic cycles throughout their history. Andy Kessler, the excellent columnist for the Wall Street Journal, highlighted this phenomenon in a recent piece. Advanced logistics practices, underpinned by vastly improved information technology, have enabled business to "control inventory and prevent over-investment" in ways that weren't possible until the 1980s and 1990s, Kessler wrote.
FedEx Corp. (NYSE: FDX) wants folks to look past the valley of fiscal 2020. The 2020 fiscal year, which began June 1, will be one of "transition," FedEx said, using the corporate codeword for a year to forget. FedEx will have added density and, by extension, operating efficiencies by shifting parcels currently tendered to the U.S. Postal Service into its ground network.
The United States and China have agreed to restart trade talks, President Trump said Saturday at the Group of 20 summit in Osaka, Japan. At a news conference Saturday, Trump said the U.S. would not impose any new tariffs on Chinese exports as the talks begin. After trade talks broke down on May 10, the Trump administration said it would impose 25 percent tariffs on an additional $300 billion a year of Chinese goods on top of the 25 percent tariffs already levied on $250 billion a year of Chinese imports in 2018 and earlier this year.
Investors should buy FedEx stock for a unique reason, according to an analyst: The company’s competitive position in express shipping is comparable to the power of the Federal Reserve.
With our estimate that 60 million to 70 million iPhones in China are currently in the window of opportunity, this is a critical time for Apple to solidify its key installed base in the region. The threats of more damaging tariffs easing up is a major positive for Wall Street and Cupertino heading into the rest of 2019-20, although anything could still happen in this high-stakes poker game.…We continue to believe that the risk/reward in Apple’s shares are compelling at current levels and also view this name as the most safe from antitrust swirls.
The stock market pulled back somewhat as investors didn't want to make new long bets ahead of President Donald Trump's meeting with Chinese President Xi Jinping.
Adam Shapiro highlights the top trending stories on Yahoo Finance.