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What's Up With FedEx Stock Today?
Friday, June 25, 2021 - 10:56am | 303FedEx Corp (NYSE: FDX) is trading lower Friday morning despite announcing better-than-expected financial results. What Happened: FedEx reported fourth-quarter earnings of $5.01 per share after the close Thursday, which beat the estimate of $4.99 per share. The company reported quarterly...
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NYT: FedEx A Case Study In The Shortcomings Of Trump's Corporate Tax Cuts
Monday, November 18, 2019 - 11:40am | 627FedEx Corporation (NYSE: FDX) shares were trading down Monday after the company and its CEO Frederick Smith were the subject of a new New York Times article highlighting how the Trump administration's 2017 corporate tax cuts have pushed FedEx’s taxes down to zero. The policy change saved...
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FedEx Reports Mixed Q4 Earnings
Tuesday, June 25, 2019 - 4:15pm | 203FedEx Corporation (NYSE: FDX) reported a mix fourth-quarter earnings print after Tuesday's close. Fourth-quarter adjusted earnings came in at $5.01, beating estimates by 8 cents. Sales came in at $17.8 billion, missing estimates by $80 million. The company sees FY2020 adjusted earnings down in...
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9 Of The Most Successful Veterans Turned CEOs
Friday, November 11, 2016 - 12:00pm | 714Veterans are known for their discipline, efficiency and crisis management. Therefore, it logically follows that corporations give them top posts, incorporating those qualities in their organizations and business models. Another key reason for hiring veterans for CEO positions is they tend to make...
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FedEx Announces Completion Of TNT Express Acquisition
Wednesday, May 25, 2016 - 8:39am | 281FedEx Corporation (NYSE: FDX) announced Wednesday morning it has completed the acquisition of TNT Express for 4.4 billion euros. FedEx announced in April of last year it plans to acquire the Dutch-based package delivery company, which required the approval of the European Commission. The commission...
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Don't RATION Me Bro! Port Crisis Gets Real With McDonald's French Fry Shortage
Thursday, December 18, 2014 - 4:20pm | 527This piece contains the opinions of the author, Kristin Bentz, President at Talented Blonde, LLC, that do not reflect the opinions of Benzinga.com. I've been lamenting the dangers of the West Coast port slowdown and its harmful effects on Black Friday and the holiday selling season for...
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FedEx Q3 Conference Call Earnings Highlights
Thursday, March 20, 2014 - 10:39am | 903FedEx (NYSE: FDX) reported its third quarter results on Wednesday, March 19, 2014. Shares of the shipping company are down $0.74, or 0.53 percent per share to $137.64. Below are some key takeaways from its conference call. Frederick Smith, Chairman of FedEx: • First, I'd like to say that on...
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These Are the 100 Highest-Paid CEOs in Business Today
Monday, April 8, 2013 - 4:30pm | 2706The New York Times has published a list of the 100 highest-paid CEOS at U.S. public companies in 2012. Oracle (NASDAQ: ORCL) chief executive Larry Ellison is far and away the highest paid CEO on the list, as his $96.2 million in 2012 compensation dwarfs every other member on the list. The top ten...
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FedEx Down 2 Percent After Earnings and Guidance; Hikes Shipping Rates
Tuesday, September 18, 2012 - 12:45pm | 550FedEx (NYSE: FDX) gapped lower on Tuesday morning after the company released its fiscal first-quarter earnings and provided updated guidance below Street estimates. At last check, FDX was down around two percent to $87.50. The stock has been underperforming the market in 2012, notching a gain of...