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Tesla, Nike, Alibaba, FedEx, Trump Media & Technology: Why These 5 Stocks Are On Investors' Radars Today
Thursday, September 19, 2024 - 11:16pm | 772The U.S. stock market reached new heights today, following the Federal Reserve’s unexpected decision to cut interest rates for the first time in over four years. This bold move led to a surge in the S&P 500 and Dow Jones indices, reaching all-time highs of 5,700 and 42,000 points...
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Is Amazon Set To See More Competition This Fall? FedEx Announces Launch Of Data-Driven E-Commerce Platform
Sunday, January 14, 2024 - 9:50pm | 593FedEx Corp. (NYSE:FDX) has announced a data-driven E-commerce platform. The logistics goliath is calling it fdx. What Happened: FedEx shared details about its novel platform on Sunday. This system is designed to meld all facets of the customer journey, making it easier for businesses to enhance...
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Donald Trump's Truth Social Linked DWAC, FedEx, Affirm Holdings, Nio, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, December 19, 2023 - 10:31pm | 664On Tuesday, major U.S. indices were seen trading in the green. The Dow Jones Industrial Average rose 0.68% to 37,557.92, while the S&P 500 increased 0.59% to 4,768.37. The tech-heavy Nasdaq also saw gains, ending the day 0.66% higher at 15,003.22. These are the top stocks that gained the...
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UPS May Find It Hard To Pass Along Higher Labor Costs
Friday, June 30, 2023 - 9:32am | 1521There is no doubt that UPS Inc.'s labor costs will rise once the Teamsters union ratifies the next five-year contract, which at this writing is still being negotiated. And there is little doubt that UPS will do what it can to recoup what could be a significant increase in its expense tab. ...
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Mixed Nike, FedEx Earnings Don't Give Market Much Direction As Worries About Yields Fade
Friday, March 19, 2021 - 10:09am | 2105A pullback in the 10-year Treasury yield seems to be aiding a comeback in equities. With the benchmark government debt rate back below 1.7%, investors appear to be breathing at least a partial sigh of relief, although the rise in equity index futures was indicating that a potential rebound in...
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Amazon Searching For Ireland Warehouse As Brexit Threatens Open Border With UK
Thursday, December 19, 2019 - 1:42am | 302Seattle-based e-commerce giant Amazon.com Inc. (NASDAQ: AMZN) is on the hunt for real estate in the Republic of Ireland to open a warehouse as Brexit deadline approaches, Bloomberg reported on Wednesday. Amazon is on the lookout for an area about 100,000 square feet on the outskirts of Dublin,...
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Amazon Bars Prime Sellers From Shipping With FedEx As Holiday Shopping Peaks
Tuesday, December 17, 2019 - 4:29am | 313Seattle-based e-commerce giant Amazon.com Inc. (NASDAQ: AMZN) has temporarily barred third-party sellers from using FedEx Corporation's (NYSE: FDX) ground shipping service for Prime eligible orders, the Wall Street Journal reported on Monday. What Happened Amazon enforced the ban due to FedEx...
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FedEx To Acquire Israeli-Based Flying Cargo Group's International Express Business
Wednesday, January 16, 2019 - 6:02pm | 359FedEx Express, the air and international unit of FedEx Corp. (NYSE: FDX), has reached a conditional agreement to acquire the international express business of Flying Cargo Group, FedEx Express' long-standing Israeli agent. Flying Cargo Group is one of the most world's most iconic...
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Deutsche Bank Analyst Sees Much Growth Ahead For FedEx
Monday, June 15, 2015 - 4:03pm | 298In a report published Monday, Deutsche Bank analyst Robert Salmon raised the price target on FedEx Corporation (NYSE: FDX) from $209 to $216. He also adjusted his EPS estimate from $9.00 to $9.65. Salmon reiterated a Buy rating on the company. Upside for 4Q15 Salmon expects a positive report from...
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#PreMarket Primer: Friday, July 18: Tension Between Russia And The West At An All Time High
Friday, July 18, 2014 - 7:16am | 1229The pressure for international aid in resolving the ongoing crisis in Ukraine ramped up on Thursday when a Malaysian Airlines passenger jet was shot down near the border of Russia. All 298 passengers and crew were killed in the worst tragedy the conflict has seen since it began. Though it is...
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'Welcome to Wal-Mart. Would You Mind Making a Couple of Deliveries on Your Way Home?'
Thursday, March 28, 2013 - 12:59pm | 564At first glance, it sounds crazy. Reuters reported that Wal-Mart Stores Inc (NYSE: WMT) is considering a plan to have customers deliver packages to online buyers. OK, at second glance, it still sounds crazy. Maybe there’s a more reasonable explanation. Asking customers to deliver goods to...
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Citi Previews F4Q Results On FDX
Thursday, June 16, 2011 - 7:45am | 162Citi is maintaining its Buy rating and $110 price target on FedEx Corp. (NYSE: FDX) as the company prepares to release its F4Q results next Wednesday. Says Citi, in the report, “With FedEx set to report F4Q11 EPS next Wednesday, focus will be on results relative to expectations and the company's...
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Morgan Stanley Comments On FedEx Asia Tour
Thursday, June 2, 2011 - 9:51am | 106According to Morgan Stanley, FedEx (NYSE: FDX) offers one of the most interesting risk-rewards in its coverage. Morgan Stanley said that not only does it believe consensus is too low for FY12, but it believes FDX is at the beginning of a multi-year growth cycle similar to FY03-FY07. “Margins...
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J.P. Morgan Says FedEx Is Ready To Deliver
Wednesday, May 25, 2011 - 7:49am | 148According to J.P. Morgan, FedEx (NYSE: FDX) is ready to deliver. J.P. Morgan said that it expects a line type of 4QF11 earnings report from FDX on June 22 and guidance for F12 which brackets Consensus with a modest upside bias. “International airfreight data has been noisy over the past several...
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Morgan Stanley Setting FedEx Up For Multi-Year Growth
Friday, April 1, 2011 - 9:17am | 130According to Morgan Stanley, FedEx (NYSE: FDX) is being set up for another multi-year growth cycle. Morgan Stanley reported that its long reluctance to recommend FDX has stemmed from our concerns about cost headwinds, risks to guidance from fuel/weather and an inability to identify any near-term...