Fred Smith

Frederick W. "Fred" Smith, whose Yale term paper sketching a coast-to-coast overnight-delivery network drew only a "C," used the same blueprint six years later to launch Federal Express (NYSE:FDX), upending global logistics and making him a billionaire. Smith died Saturday, June 21, in Memphis at...

Airlines and cruise line stocks have had an extremely volatile couple of years since the pandemic completely shut down global travel back in 2020. Travel industries still haven't recovered to their pre-pandemic levels. In addition, ongoing supply chain issues have created extreme volatility in...

Shipping and logistics company FedEx Corp (NYSE: FDX) announced Tuesday morning a change to its CEO to happen later in 2022 as its founder and longtime CEO will step down. Here’s a look at how shares have performed since their IPO. What Happened: FedEx announced Fred Smith, the founder,...

The head of Amazon.com (NASDAQ: AMZN) announced earlier this month he would step away from the CEO role of the company he founded. All eyes are on what could be next for Jeff Bezos and a report out Monday could point to the famed entrepreneur taking on the role of NFL owner. What Happened: ...

Everyone’s heard the old adage that actions speak louder than words, and that rule is certainly true on Wall Street. That’s why the market often pays particularly close attention to insider trading, and large insider buys and sells can be major catalysts for a stock. Large insider buys...

In addition to delivering holiday presents to tens of millions of people across the world, FedEx Corporation (NYSE: FDX) is expected to deliver an attractive return to investors, at least according to Scott Schneeberger of Oppenheimer. In a research report Monday, Schneeberger maintains an...

UBS analyst Thomas Wadewitz believes the recent management changes in FedEx Corporation (NYSE: FDX) is an indication of a logical managerial succession plan. However, the analyst has not changed his Buy rating nor the price target of $215 on the company's shares. On Monday, the company revealed the...

Warren Buffett displayed an appreciation for Amazon.com, Inc. (NASDAQ: AMZN)'s CEO Jeff Bezos during a segment on CNBC. Speaking as a guest during CNBC's Squawk Box segment, Buffett expanded on comments he made earlier in the weekend during Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)'s...

FedEx Corporation (NYSE: FDX) announced on Tuesday that it will be acquiring TNT Express NV – ADR (OTC: TNTEY) in a $4.8 billion deal. Fred Smith, Fedex chairman and CEO, was on CNBC recently to discuss the terms and details of the acquisition. Mutually Beneficial Deal "The UPS...

FedEx Corporation (NYSE: FDX) Chairman and CEO Fred Smith will deliver the company’s first quarter 2015 earnings report September 17. The occasion would mark the first opportunity for FedEx to show whether it could stage a turnaround from last year. The Wall Street Journal...

FedEx (NYSE: FDX) on Monday announced that it would issue $2 billion of bonds to speed up its stock buyback plans. Back in October 2013, the company authorized buying back as much as 32 million shares. The buyback authorization represents the company's largest and most ambitious action to create...