|Bid||139.62 x 30000|
|Ask||140.68 x 30000|
|Day's Range||142.42 - 142.42|
|52 Week Range||133.50 - 219.70|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||70.16|
|Forward Dividend & Yield||2.33 (1.65%)|
|1y Target Est||N/A|
"We had an import of two sloths from Panama and they did not want them to be stressed because these were hand-raised animals used to being carried around by people," explained Rachel Watkins Rogers, registrar and records coordinator for Zoo Miami. Watkins Rogers is responsible for securing the permits necessary for domestic or international shipping of animals for the zoo.
As consumers begin filling their online shopping carts with holiday items, UPS is gearing up for another busy peak season and announced on Friday, August 16th that no surcharges will be added to residential ...
Police in southeast China's Fujian province have launched an investigation after a FedEx parcel sent from the United States was found to contain a handgun, the latest Chinese-related problem to affect the U.S. package delivery firm. Amid tense Sino-U.S. relations, Memphis-based FedEx is facing scrutiny in China on suspicion it illegally held back more than 100 Huawei packages after Washington in May placed the Chinese telecoms giant on a blacklist that effectively blocks U.S. firms from doing business with it. Police in the Jin'an district of Fuzhou, the capital of Fujian, said on Weibo on Sunday that an unidentified sporting goods company had received the parcel sent from a U.S. customer via FedEx.
Activist investor Bill Ackman’s Pershing Square Capital had disclosed a position in Warren Buffett’s Berkshire Hathaway. But Pershing didn’t buy any FedEx stock in the second quarter, according to a form it filed with the SEC.
Internet stocks are outperforming the broader market, SunTrust Robinson Humphrey said in a review of second-quarter earnings season. Top-Line Momentum Strong The number of companies reporting revenue ...
In February 2017, the U.S. Postal Service (USPS) sent a warning about the outlook for its one consistently successful product. The multi-year growth of its shipping and package operations, USPS said in a government filing, could be jeopardized if the three customers responsible for most of the business – UPS Inc., (NYSE: UPS), FedEx Corp. (NYSE: FDX) and Amazon.com, Inc. (NASDAQ: AMZN) – continued to expand their own shipping capabilities and divert business from USPS. In its fiscal third quarter results released late last week, USPS said quarterly package and shipping volumes fell year-over-year for the first time in nine years.
Investors might worry that the U.S. Postal Service’s results were bad news for FedEx and United Parcel Service. But JPMorgan argues that the delivery giant’s quarter was more neutral than anything.
The USPS reported a loss of $2.3 billion loss in the most recent quarter, with pre-funding health-care retiree obligations as a major factor. Investors can expect more price increases which benefits FedEx and UPS.
The National League of Cities' recently published an analysis of congestion pricing options to reduce traffic bottlenecks. There was nary a mention of commercial motor vehicles (CMVs), even though they are major contributors to congestion, and will be more so as a growing volume of goods that used to be picked up in person are now delivered to residences after being ordered online. In fact, past discussions over congestion pricing have focused on ways to get trucks out of cities during daytime commuting hours.
FedEx will further reduce its ties with Amazon, ending ground deliveries of small packages after scrapping domestic air deliveries for the e-commerce giant.
FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network. The move by the U.S. package delivery company comes two months after it decided not to renew its contract with Amazon for U.S. cargo delivery through its plane-based express service. "This change is consistent with our strategy to focus on the broader e-commerce market," FedEx said in a statement as it looks to expand and serve companies that would include rivals of Amazon.
FedEx Corp. (NYSE: FDX), tired of walking around bowlegged from Amazon.com, Inc.'s (NASDAQ: AMZN) pricing and service demands on its ground-delivery business, has had enough. FedEx will effectively end its ground-delivery contract with Amazon at the end of August, according to sources. According to one source, FedEx will technically remain an Amazon vendor, but will not handle any national-account traffic, which is mostly everything it moves for Amazon.
FedEx said its contract to handle Amazon packages through its ground network won't be renewed when it expires at the end of the month, according to The Wall Street Journal. FedEx's decision to sever ties comes at a time when Amazon is building out its own delivery infrastructure. The online company continues to invest in various methods of transportation, including leasing cargo planes and financing local delivery drivers.
FedEx announced it will not be renewing its contract with Amazon when it expires at the end of August. Yahoo Finance's Dan Roberts joins Akiko Fujita on 'The Ticker' to discuss.