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Strategist Says FedEx Was Right To Part Ways With Amazon
Friday, December 27, 2019 - 4:23pm | 393Shipping giant FedEx Corporation (NYSE: FDX) "fired" Amazon.com, Inc. (NASDAQ: AMZN) as a customer ahead of the 2019 holiday season, and it was the right move, Broughton Capital managing partner Don Brouhgton said Friday on CNBC's "Squawk Box." Broughton Highlights Walmart...
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Why The FedEx-TNT Deal Makes Sense
Tuesday, April 7, 2015 - 4:11pm | 373FedEx Corporation (NYSE: FDX) announced Tuesday that it will be acquiring European rival TNT Express NV – ADR (OTC: TNTEY) in a $4.8 billion (€4.4 billion) deal. Don Broughton, Avondale Partners's chief market strategist, was on CNBC Tuesday to explain why the deal makes sense for...