Key Developments: FedEx Corp (FDX.N)

FDX.N on New York Stock Exchange

175.90USD
26 Dec 2014
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Latest Key Developments (Source: Significant Developments)

FedEx Corp reaffirms FY 2015 earnings outlook
Wednesday, 17 Dec 2014 07:30am EST 

FedEx Corp:Reaffirms FY 2015 earnings forecast of $8.50 to $9.00 per diluted share.  Full Article

FedEx Corp announces acquisition of Bongo International
Tuesday, 16 Dec 2014 04:00pm EST 

FedEx Corp:Says it acquired Bongo International, a company into cross border enablement technologies and solutions.Bongo International's capabilities complement and expand the FedEx portfolio of offerings important to the rapidly growing global e-commerce marketplace.  Full Article

FedEx announces acquisition of GENCO
Monday, 15 Dec 2014 05:00pm EST 

FedEx Corp:Signs an agreement to acquire GENCO, a third-party logistics providers in North America.J.P. Morgan Securities LLC and Baker & McKenzie served as advisors to FedEx on this transaction. Paul, Weiss, Rifkind, Wharton & Garrison LLP, Republic Partners, and Staley Capital served as advisors to GENCO.  Full Article

FedEx Corp declares quarterly dividend
Friday, 21 Nov 2014 09:00am EST 

FedEx Corp:Declared a quarterly cash dividend of $0.20 per share.The dividend is payable Jan. 2, 2015 to stockholders of record at the close of business on Dec. 12.  Full Article

FedEx Corp's FedEx Office teams up with innerworkings to expand print offerings for customers
Wednesday, 5 Nov 2014 02:26pm EST 

FedEx Corp's FedEx Office:Says a collaboration with InnerWorkings, Inc., a marketing execution firm, to expand the range of professional print products available for commercial enterprise customers, and small businesses and consumers through FedEx Office retail locations.  Full Article

FedEx Corp reaffirms FY 2015 EPS outlook
Wednesday, 17 Sep 2014 07:30am EDT 

FedEx Corp:Sees earnings to be $8.50 to $9.00 per diluted share.The outlook assumes no net year-over-year fuel impact and continued moderate economic growth.FY 2015 EPS of $8.90 - Thomson Reuters I/B/E/S.  Full Article

FedEx Corp's FedEx Ground reports decision by Federal Court in appeal of three contractor cases
Wednesday, 27 Aug 2014 12:45pm EDT 

FedEx Ground:FedEx Ground, subsidiary of FedEx Corp reports decision by three-judge panel of United States Court of Appeals for Ninth Circuit reversed previous rulings by the District Court for Northern District of Indiana in three class action cases involving former independent contractors for FedEx Ground.Court held that those independent contractors operating in California from 2000-2007 and Oregon from 1999-2009 were employees according to panel's interpretation of state laws.Model that court reviewed is no longer in use.Since 2011, FedEx Ground has only contracted with incorporated businesses, which treat their drivers as their employees.FedEx Ground will seek review of these decisions, including review by the entire Ninth Circuit.  Full Article

FedEx Corp declares quarterly dividend
Friday, 15 Aug 2014 08:20am EDT 

FedEx Corp:Declares quarterly cash dividend of $0.20 per share.Payable on Oct. 1 to stockholders of record at the close of business on Sept. 10.  Full Article

Fifteen Group Acquires FedEx Corp's distribution facility in Miami
Monday, 21 Jul 2014 11:00am EDT 

FedEx Corp:Says Miami-based Fifteen Group completes $19 mln acquisition of 200 South Miami Avenue, 6-story, 85,000-square-foot distribution and logistics facility 100 pct occupied by FedEx Corporation.  Full Article

FedEx Corp gives FY 2015 EPS outlook in line with analysts' estimates
Wednesday, 18 Jun 2014 07:30am EDT 

FedEx Corp:Sees earnings to be $8.50 to $9.00 per diluted share.The outlook assumes no net year-over-year fuel impact and continued moderate economic growth.FY 2015 EPS of $8.76 - Thomson Reuters I/B/E/S.  Full Article

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U.S. retailers miss fewer Christmas deadlines: early surveys

SAN FRANCISCO - Major U.S. retailers missed fewer Christmas deliveries this year, according to two small, early surveys released on Friday, partly reflecting a year's worth of investments made to avoid 2013's last-minute shipping debacle.

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