FedEx Corporation

Ticker Summary (FDX)

82.55+0.48 (+0.58%)
Open 81.23
High 82.99
Low 80.67
Volume 2,453,565
Market Cap 26.0B
52 Week High 97.75
52 Week Low 63.54
P/E 21.95
F P/E 13.45
EPS 3.76
Dividend 0.45
Yield 0.55%
1 Year Target 98.82

FDX 82.55 +0.58%

It is very unlikely that DHL will sell off its entire U.S. shipping division. However, in an attempt to cut losses, DHL may start looking to sell off parts of its shipping business in the U.S. Although, due to its current lead Fedex doesn't really need DHL's U.S. shipping business, a deal between DHL and FedEx would allow FedEx to quickly gain more market share here in the U.S.

2 years 241 days ago by Tim

FDX 82.55 +0.58%

FedEx is planning on raising their rates on ground shipping by 4.9 percent due to continual rises in oil prices and lower freight demands. The move echos recently announced pricing plans by competitors United Parcel Service and DHL Express.

3 years 271 days ago by Tim

FDX 82.55 +0.58%

FedEx lowered their forward guidance after surging fuel prices and an overall weakness in the freight industry. FedEx now expects to earn $1.45 to $1.55 a share for the second quarer, down 15 cents from their previous guidance and much lower then the markets expectations.

3 years 271 days ago by Tim

FDX 82.55 +0.58%

NYTimes announced that Fedex was the first company to launch with them on their new long form video advertising. They will be displaying ads about fedex employees and the work they do.

3 years 235 days ago by Tim