FDX - FedEx Corporation
170.63 0.00 (0.00%)
After hours: 5:15PM EST
| Previous Close | 171.55 |
| Open | 171.47 |
| Bid | 170.13 x 900 |
| Ask | 170.63 x 1000 |
| Day's Range | 169.02 - 172.65 |
| 52 Week Range | 150.94 - 274.66 |
| Volume | 2,124,765 |
| Avg. Volume | 2,461,847 |
| Market Cap | 44.542B |
| Beta (3Y Monthly) | 1.93 |
| PE Ratio (TTM) | 9.27 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.60 (1.53%) |
| Ex-Dividend Date | 2018-12-07 |
| 1y Target Est | N/A |
- CNBC Videos•yesterday
The Pre-Markets Rundown: January 14, 2019
CNBC brings you fast, accurate, and actionable business news and market updates.
- Zacks•2 hours ago
Bleak Near-Term Outlook for Air Freight & Cargo Stocks
Bleak Near-Term Outlook for Air Freight & Cargo Stocks
- Benzinga•7 hours ago
Today's Pickup: Robotic Delivery, FedEx Furniture, Israeli Blockchain
Here are a couple of the deals and tech unveiled by robotic delivery companies during the Consumer Electronic Show (CES) last week. The company also announced the launch of two smart delivery stations in the cities of Changsha and Hohhot. Udelv, a California-based autonomous delivery startup, debuted the new version of its autonomous delivery van – the Newton. As part of a new partnership, Newtons will be delivering groceries for Walmart in Phoenix and XL Parts in Houston this year.
- Benzinga•7 hours ago
FedEx Unit To Pay $35.3 Million To New York State To Settle Cigarette-Trafficking Charges
The state charged that the FedEx unit, FedEx Ground, violated federal anti-cigarette trafficking laws as well as assurances made nearly 13 years ago that it would cease residential cigarette deliveries and comply with the laws barring them. According to FedEx Ground, the state and New York City, the plaintiffs in the case, had originally sought nearly $700 million. The settlement follows an Oct. 18 ruling by federal District Court Judge Edgardo Ramos that FedEx had "knowingly" violated both the federal statute and its agreement with New York, the state's attorney general's office said.
- Barrons.com•8 hours ago
Sen. John Hoeven Buys Apple Stock, Sells AT&T, DowDuPont, FedEx
The Republican North Dakota senator’s Apple stock purchase was his first transaction of 2019, and his first in Apple in three years.
- The Wall Street Journal•9 hours ago
[$$] Stocks to Watch: JPMorgan, Wells Fargo, Delta, FedEx, Dave & Buster's, Energizer Holdings
With more bank earnings due on Tuesday, JPMorgan and Wells Fargo are among the stocks to watch, along with Delta, FedEx, Dave & Buster’s and Energizer Holdings.
- Markit•10 hours ago
See what the IHS Markit Score report has to say about FedEx Corp.
# FedEx Corp ### NYSE:FDX View full report here! ## Summary * Perception of the company's creditworthiness is negative and weakening * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is extremely low for FDX with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting FDX. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $11.92 billion over the last one-month into ETFs that hold FDX are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator with a weakening bias over the past 1-month. FDX credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- The Wall Street Journal•21 hours ago
[$$] FedEx Agrees to Pay $35 Million to Settle Cigarette-Shipment Lawsuits
FedEx Corp.’s ground-delivery unit agreed to pay New York City and state $35 million Monday to settle three lawsuits that alleged the company knowingly transported hundreds of thousands of untaxed cigarettes. The lawsuits, filed by the city and state, had accused FedEx Ground Package System Inc. of illegally delivering cigarettes throughout New York City and state over a decade. “For years, FedEx knowingly engaged in illegal and harmful behavior at the expense of New Yorkers’ health,” state Attorney General Letitia James said in a written statement.
Market Realist•yesterdayGoldman Sachs: Investors Should Get Defensive in 2019
Bulls versus Bears: Who Will Rule the Stock Markets in 2019?(Continued from Prior Part)Goldman Sachs’ S&P 500 target As of December 14, Goldman Sachs’ (GS) chief equity strategist, David Kostin, expects the S&P 500 (SPY) to reach 3,000 by
- American City Business Journals•yesterday
FedEx settles with NYC over cigarette shipments
New York state and New York City accused the company of shipping hundreds of thousands of untaxed cigarettes to residents over a decade.
Reuters•yesterdayFedEx pays $35.4 million to end NY lawsuit over illegal cigarettes
FedEx Corp will pay $35.4 million to settle three lawsuits in which New York state and New York City accused the company of shipping millions of untaxed cigarettes to residents over a decade. The settlement announced on Monday came after a judge ruled last Oct. 15 that FedEx had knowingly violated a federal anti-cigarette trafficking statute, and a 2006 agreement with the state not to ship cigarettes to people's homes. New York officials said FedEx's conduct undercut their efforts to protect public health by curbing smoking, and cheated the state and city out of tax revenue from cigarette sales.
Reuters•yesterdayFedEx pays $35.4 million to end NY lawsuit over illegal cigarettes
FedEx Corp will pay $35.4 million to settle three lawsuits in which New York state and New York City accused the company of shipping millions of untaxed cigarettes to residents over a decade. The settlement announced on Monday came after a judge ruled last Oct. 15 that FedEx had knowingly violated a federal anti-cigarette trafficking statute, and a 2006 agreement with the state not to ship cigarettes to people's homes. New York officials said FedEx's conduct undercut their efforts to protect public health by curbing smoking, and cheated the state and city out of tax revenue from cigarette sales.
- Barrons.com•yesterday
The Worst Might Be Over for FedEx Stock
Credit Suisse’s Allison Landry reiterated an Outperform rating and $236 price target on the stock. She says FedEx has a plan to tackle the issues it’s facing.
- Thomson Reuters StreetEvents•4 days ago
Edited Transcript of FDX earnings conference call or presentation 18-Dec-18 10:30pm GMT
Q2 2019 FedEx Corp Earnings Call
- Benzinga•4 days ago
When Dealing With Amazon, It Pays To Not Whistle Past The Graveyard
FedEx Corp. (NYSE: FDX) has been consistent in its views of Amazon.com, Inc. (NASDAQ: AMZN) becoming a threat to FedEx's delivery business. To wit, a delivery startup like Amazon can't compete with FedEx's network, technologies and portfolio built up over nearly 50 years and at a cost of billions of dollars. Amazon is not a FedEx competitor but is instead a valuable customer.
- American City Business Journals•4 days ago
FedEx expands Southeast Asian footprint
FedEx grew its Malaysian footprint via the opening of a new logistics facility in Penang. Memphis-based FedEx Express — a subsidiary of logistics and delivery giant FedEx Corp. — held its official launch ceremony for its new FedEx Penang Gateway facility on Jan. 10. Yang Amat Berhormat Tuan Chow Kon Yeow, the chief minister of Penang, and Kawal Preet, senior vice president of North and South Pacific operations for FedEx Express, oversaw the event.
Motley Fool•4 days agoHere's Why United Parcel Service Lost 18.1% in 2018
Internal expenses and a tough geopolitical environment caused UPS shares to underdeliver.
Bloomberg•5 days agoHedging's the Smart Way to Play the Yuan Rally
The outlook for China's currency has turned around, helped by progress in trade talks with the U.S. and, particularly, the Federal Reserve's shift to a more cautious policy stance. Rather than trying to forecast the direction of future exchange rates, dollar-based investors in yuan assets should take advantage of the U.S. currency’s weakness and hedge now. The Fed’s dovish turn has widened the expected differential between U.S. and emerging-market interest rates, making currencies of the latter more attractive. The implied rate of the December 2019 Fed funds futures has fallen to 2.43 percent this week from 2.93 percent in early November.
- Motley Fool•5 days ago
Why FedEx Stock Plunged 30% in December
The delivery titan is facing a powerful new threat.
- Benzinga•5 days ago
Stung By Poor Fiscal Q2 Print, FedEx Executives Look To Guide Analysts Toward Better Times
Top FedEx Corp. (NYSE: FDX) executives met with securities analysts yesterday in an effort to convince them the issues that led to mid-December's mediocre fiscal second quarter results and downbeat fiscal 2019 outlook were being rapidly addressed. For their part, analysts caught off-guard by the company's disappointing forecast appear willing to give it the benefit of the doubt. The meeting, held at FedEx's Memphis headquarters, had been scheduled back in October.
- Zacks•5 days ago
FedEx (FDX) Stock Sinks As Market Gains: What You Should Know
FedEx (FDX) closed the most recent trading day at $170.08, moving -0.3% from the previous trading session.
- Motley Fool•6 days ago
FedEx and UPS Could Lose Billions as Amazon Air Expands
Amazon has been good for their business, but it's also pushed both to their limits.
- Zacks•6 days ago
Buy Microsoft (MSFT) Stock on the Dip Amid Apple (AAPL) Uncertainty?
Microsoft's growth outlook appears strong as it expands across cloud computing, IoT, and gaming.
- American City Business Journals•6 days ago
Construction: $1.8M permit pulled for FedEx Express
The permit watch continues at the FedEx World Hub. A building permit valued at $1.8 million was filed Jan. 8 for “HVAC upgrades and interior renovations” for 2903 Sprankel Ave. FedEx Express — a subsidiary of Memphis-based FedEx Corp. — was listed as the owner/tenant and Grinder, Taber & Grinder was named as the contractor. This past March, FedEx officially announced its plans to invest $1 billion as part of a hub modernization project spanning from 2019 to 2025.
- CNBC•6 days ago
One missed paycheck 'is too many.' TSA officers prepare for extended shutdown
TSA officers are expected to miss a paycheck this Friday if the government doesn't reopen Wednesday. Some 51,000 TSA officers, along with air traffic controllers, are among 420,000 federal workers required to work through the shutdown, but without pay. The shutdown began on Dec. 22 due to an impasse between President Donald Trump and lawmakers over funding for a barrier along the southern border of the U.S.
