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Here's How Much Investing $100 In FedEx Stock Back In 2010 Would Be Worth Today
Tuesday, March 17, 2020 - 8:16am | 546Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way. FedEx’s Difficult Decade One of the...
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TNT Express Albatross Rears Its Head In FedEx's Rocky Q2 Results
Wednesday, December 19, 2018 - 8:31pm | 1610In January 2013, the European competition commission, the European Union's antitrust arm, came out against UPS Inc.'s (NYSE: UPS) US$6.8 billion offer to buy struggling Dutch delivery firm TNT Express. Almost immediately, an angry and frustrated UPS, which complained it was never told...
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FedEx's Fiscal Second Quarter Results Hit by Weak European Economies, Unfavorable Mix at TNT Express
Wednesday, December 19, 2018 - 10:46am | 833Transport giant FedEx Corp. (NYSE:FDX) late today reported weaker-than-expected fiscal 2019 second-quarter results, weighed down by a rapid deceleration of Eurozone and U.K. economies and a less-profitable mix of traffic from TNT Express, the Dutch delivery firm that FedEx acquired for US $4.8...
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How Long Will TNT Issues Last For FedEx? This Analyst Isn't Waiting To Find Out
Friday, September 15, 2017 - 10:36am | 348FedEx Corporation (NYSE: FDX)'s TNT unit was the victim of a cyberattack in late June and it wasn't until Aug. 18 when the company confirmed its operations in Europe is back to normal. UBS analyst Thomas Wadewitz said it still remains unknown if the company's international operations,...
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FedEx Subsidiary TNT Express Hit By Second System Virus In 2 Months
Wednesday, June 28, 2017 - 12:57pm | 242FedEx Corporation (NYSE: FDX) stock was briefly halted Wednesday before announcing that the global operations of subsidiary TNT Express were “significantly affected” by an information system virus. “TNT Express domestic country and regional network services are largely operational...
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FedEx Offers Little Insight Into TNT Express Integration
Wednesday, June 22, 2016 - 3:44pm | 328FedEx Corporation (NYSE: FDX) reported its fourth-quarter financial results after the market closed on Tuesday. EPS of $3.30 and revenue of $13 billion beat estimates by $0.02 and $220 million, respectively. However, the mid-point of its fiscal 2017 adjusted earnings outlook of $11.75 to $12.25 per...
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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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FedEx Expands To Europe, Investors Take Notice
Wednesday, January 13, 2016 - 7:52am | 373Logistics firms like FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) have been under fire in recent weeks as e-commerce firms like Amazon.com, Inc. (NASDAQ: AMZN) vow to create their own logistics services and cut shipping companies out of the growing online market....
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These Analysts Love FedEx's TNT Express Acquisition
Wednesday, April 8, 2015 - 12:50pm | 646On April 7, FedEx Corporation (NYSE: FDX) announced a deal to buy Dutch delivery firm TNT Express NV for $4.8 billion, or 4.4 billion euros. The deal is an all-cash public offer of 8 euros per share, which represents a 33 percent premium over TNT’s closing price on April 2. TNT’s...
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In Wake Of TNT Deal, Wall Street Loves FedEx
Wednesday, April 8, 2015 - 8:48am | 236Citi and Deutsche Bank analysts reacted to the FedEx Corporation (NYSE: FDX) $4.8 billion acquisition of TNT Express NV (OTC: TNTEY) with unanimous praise for both the timing and execution of the deal. Citi said that FedEx shares present "compelling value" at current valuations, while...
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FedEx Shoots Higher On TNT Express Acquisition
Tuesday, April 7, 2015 - 8:30am | 222Shares of FedEx Corporation (NYSE: FDX) gained more than 5 percent in the pre-market session following the company's announcement that it agreed to acquire Netherlands-based TNT Express NV (OTC: TNTEY) for nearly $4.8 billion in cash, roughly 10 percent of FedEx's market capitalization of...
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2 Major Reasons Real Estate Investors Should Watch Portugal And Spain
Thursday, December 4, 2014 - 5:39pm | 824If the axiom "great minds often think alike" is true, then real estate investors should pay attention when alternative asset manager The Blackstone Group L.P. (NYSE: BX) and global logistics giant Prologis Inc (NYSE: PLD) are both thinking about Portugal and Spain. On December 2,...
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Barron's Recap: Schlumberger Drills For Profits
Sunday, August 17, 2014 - 4:42pm | 835This weekend in Barron's online: a profile of Schlumberger, looking for summer bargains among stocks, as well as the prospects for Kinder Morgan, TNT Express, ABM Industries and more. Cover Story "Right on Target" by Sandra Ward. Schlumberger (NYSE: SLB) has 50 percent or more...
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UPS Earnings Preview: EPS and Revenue Growth Expected
Monday, July 23, 2012 - 3:40pm | 509United Parcel Service (NYSE: UPS), the world's largest package company - and ostensibly a bellwether of the state of U.S. and global economic activity - is scheduled to report second-quarter 2012 results Tuesday, July 23, before the U.S. market opens. Expectations Analysts on average predict that...
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TNT Digs Teeth in Over Price With UPS
Friday, March 16, 2012 - 12:52pm | 297It was revealed on Friday that Dutch delivery firm TNT Express is haggling hard with United Parcel Service (NYSE: UPS) over its worth as UPS looks to buy the company. According to Reuters, UPS has confirmed that it still interested in acquiring TNT, and it would be seeking Dutch regulatory...