258.77 0.00 (0.00%)
After hours: 7:59PM EST
Previous Close | 259.60 |
Open | 258.98 |
Bid | 258.64 x 900 |
Ask | 258.77 x 800 |
Day's Range | 255.46 - 262.67 |
52 Week Range | 88.69 - 305.66 |
Volume | 1,564,977 |
Avg. Volume | 2,849,496 |
Market Cap | 68.592B |
Beta (5Y Monthly) | 1.31 |
PE Ratio (TTM) | 27.94 |
EPS (TTM) | 9.26 |
Earnings Date | Mar 18, 2021 |
Forward Dividend & Yield | 2.60 (1.00%) |
Ex-Dividend Date | Mar 05, 2021 |
1y Target Est | 325.43 |
FedEx Corporation (NYSE: FDX) has announced the goal of achieving global carbon-neutral operations by 2040. What Happened: The Memphis-headquartered company, which operates the world’s largest cargo airline, will attain this by allocating more than $2 billion into four areas: • A company-wide shift of its parcel pickup and delivery fleet to zero-emission electric vehicles. • A new support of sustainable energy through investments in alternative fuels and a renewed focus on carbon-neutral shipping. • The expansion of its successful FedEx Fuel Sense initiatives to reduce fuel consumption and carbon dioxide emissions in its aircraft. • Fund a new Center for Natural Carbon Capture at Yale University to support applied research into natural carbon sequestration solutions. What Happens Next: FedEx added that the new center at Yale will publish its findings to encourage government agencies and industries to initiate their own natural carbon capture strategies. “The long-term health of our industry is directly linked to the health of the planet, but this effort is about more than the bottom line — it’s the right thing to do,” said Mitch Jackson, chief sustainability officer at FedEx. (Photo: FedEx) See more from BenzingaClick here for options trades from BenzingaKroger To Still Require Masks In Texas And Mississippi Stores Despite Mandate LiftParler Drops, Refiles Lawsuit Against Amazon© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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