|Bid||237.70 x 100|
|Ask||241.00 x 100|
|Day's Range||237.26 - 241.11|
|52 Week Range||182.89 - 243.06|
|PE Ratio (TTM)||22.50|
|Forward Dividend & Yield||2.00 (0.83%)|
|1y Target Est||N/A|
Donald Broughton, Broughton Capital, discusses UPS' downfalls as the company warns customers of delivery delays just before Christmas.
CNBC's Morgan Brennan reports United Parcel Service is struggling to keep pace in some areas of the country this holiday season.
Shares of United Parcel Service (UPS) are lower Monday, as Morgan Stanley wars that it might be falling behind in the holiday rush again. Analyst Ravi Shanker and his team reiterated an Underweight rating and $79 price target on the stock today, on the heels of last week's article from The Wall Street Journal that reported UPS customers could see delivery delays. From the note: AlphaWise sentiment analysis shows a seasonal uptick in search and stress at this time of the year but we have seen a sharper than usual uptick in UPS in the past week (implying increase in negative sentiment) while FDX is similar to normal seasonal patterns.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing FedEx Corp. with the following peers – United Parcel Service, Inc. Class B, Deutsche Post AG Sponsored ADR, Expeditors International of Washington, Inc., C.H. Robinson Worldwide, Inc., Air Transport Services Group, Inc., PostNL NV Sponsored ADR and Air T, Inc. (UPS-US, DPSGY-US, EXPD-US, CHRW-US, ATSG-US, ... Read more (Read more...)
Well, to be more accurate, it was the year of Fred's Inc. and Fred Smith, founder of FedEx. Stories about the Memphis-based public companies dominated Memphis Business Journal's most-read stories of the year. For a brief time, Fred's was poised to become the third-largest drug store chain in the U.S., as part of a deal to buy at least 865 Rite Aid Stores.
Rating Action: Moody's Affirms Eight Classes of CD 2016- CD2. Global Credit Research- 08 Dec 2017. Approximately $683.9 Million of Structured Securities Affected.
NEW YORK (AP) — New York collects sales tax on even the smallest items, but it probably won't collect a cent on a nearly half-billion dollar painting by Leonardo da Vinci.
Memphis-based FedEx Corp.’s second-largest hub could get a nearly $400 million upgrade. The Metropolitan Development Corp. (MDC) for Marion County, Indiana, approved a personal property tax abatement for FedEx on Dec. 6. According to the document, FedEx plans to install $385 million in new package sorting equipment at its hub at the Indianapolis International Airport.
Stocks in the capital-intensive transportation sector surged as the Senate cleared its version of the tax reform bill. The cut in corporate tax rate should boost their bottom lines.
FedEx, UPS and other transports have rallied to new highs on expectations that tax cut legislation will underpin 2018 economic growth.
FedEx Corp. and United Parcel Service Inc. surged the most in more than a year on expectations that they’ll reap particularly big gains from the tax-overhaul package making its way through Congress.
The Senate tax plan would add more than $1 trillion to federal deficits even after the effects of economic growth.
Analysts at Barclays on Thursday reiterated FedEx as one of their 'Top Picks' with an 'Overweight' rating and raised its price target on the stock.
BlackBerry Ltd (NYSE:BB) has hundreds of enterprise customers, IT security expertise, and valuable patents that make the company a prime takeover target for many tech giants. The potential of a takeover is one factor that makes BlackBerry stock attractive.Source: WEi WEi via FlickrBlackBerry Is a Prime Takeover Target