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FedEx and UPS, thanks to their cold-storage expertise, are also likely to be a stealth winner in the vaccine distribution effort. That's a likely boost through calendar 2021 at least, if not beyond.
FedEx investors had a miserable 2019, and hopes that the company, and the stock, would recover in 2020 have been shaken by the global slowdown caused by the COVID-19 coronavirus.
Shares of FedEx traded down less than 1% at $89.96 on Tuesday, in a 52-week range of $90.49 to $199.32. The consensus price target is $168.60.
FedEx has shed half of its market value in the past 2 years, and Morgan Stanley says investors should brace for another 'volatile' quarter for the package giant Rachel Premack Mar 4, 2020, 10:15 ...
While FedEx (FDX) has said it will not raise rates during the 2019 holiday season, the delivery carrier is looking to increase its rates in 2020. The price increase will go into effect on Jan. 6 ...
FedEx is positioned for long-term growth through cost-cutting, AI-driven efficiency, and e-commerce tailwinds despite ...
Any proposal not backed by FedEx’s board of directors faces an uphill battle. FedEx’s 15 largest shareowners held more than 40% of stock in fiscal 2020, per FedEx’s annual proxy statement.
FedEx warned Tuesday that its fiscal 2020 earnings outlook remains clouded by trade war uncertainty and reported a quarterly loss due in part to one-time reorganization costs.
FedEx Field, home of the Washington Redskins NFL football team, stands on July 7, 2020 in Landover, Maryland.
FedEx is planning to hire 70,000 workers, the company announced on Monday, as it gears up for the 2020 holiday season. The multinational delivery service says the majority of new hires will be ...
FedEx (FDX), a major sponsor of the Washington Redskins, is asking the NFL team to change its name in response to growing pressure from investors who oppose the name’s racist connotations.