United States

FedEx Corp (FDX)

FDX on New York Consolidated

21 Oct 2016
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$0.50 (+0.29%)
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Latest Key Developments (Source: Significant Developments)

Fedex Office and eBay team up to help consumers sell items online, make money
Thursday, 20 Oct 2016 04:42pm EDT 

Fedex office:Fedex office and eBay have teamed up to bring ebay valet drop-off program to more than 1,600 fedex office retail stores.  Full Article

Fedex to raise shipping rates for express,ground,freight services
Monday, 19 Sep 2016 04:32pm EDT 

Fedex Corp : Fedex to increase shipping rates for express, ground and freight services . Says subsidiaries of Fedex will increase shipping rates effective january 2, 2017 . Says Fedex ground and Fedex home delivery will increase shipping rates by an average of 4.9% .Says Fedex express will increase shipping rates by an average of 3.9% for U.S. Domestic, U.S. Export and U.S. Import services.  Full Article

Fedex Freight invests in CNG fueling at Oklahoma city service center
Tuesday, 13 Sep 2016 12:00pm EDT 

Fedex Freight : Fedex freight invests in cng fueling at oklahoma city service center .Purchased more than 100 compressed natural gas tractors, has installed cng fueling station to serve new cng fleet at oklahoma city service center.  Full Article

International Brotherhood Of Teamsters urges Fedex shareholders to vote against advisory vote to approve executive compensation at AGM
Thursday, 1 Sep 2016 04:49pm EDT 

Fedex Corp :International Brotherhood Of Teamsters -urges Fedex shareholders to vote against advisory vote to approve executive compensation at AGM - sec filing.  Full Article

Atlas Air Worldwide says announces new contract with FedEx
Wednesday, 24 Aug 2016 09:15am EDT 

Atlas Air Worldwide Holdings Inc : Atlas air worldwide announces new contract with FedEx . Entered into a five-year agreement with FedEx express to provide it with five 747-400 freighter aircraft .An agreement to provide five aircraft for 2016 peak season flying is already in place.  Full Article

Fedex sets quarterly cash dividend of $0.40 per share
Friday, 19 Aug 2016 09:00am EDT 

Fedex Corp :Sets quarterly cash dividend of $0.40 per share.  Full Article

Fedex Q4 loss per share $0.26
Tuesday, 21 Jun 2016 04:15pm EDT 

Fedex Corp : Q4 non-gaap revenue $13.0 billion versus $12.1 billion . With adjustments, Fedex's Q4 earnings were $3.30 per diluted share . Fedex CORP Q4 gaap revenue $$13.0 billion versus $12.1 billion . Qtrly Fedex express segment revenue $6.72 billion versus $6.70 billion . Unable to forecast fiscal 2017 year-end mark-to-market pension accounting adjustments as well as TNT Express financial results . Qtrly operating results benefited from yield management, positive impacts from profit improvement program initiatives at Fedex Express . Company is unable to provide unadjusted earnings guidance . During quarter, company acquired 3.8 million shares of Fedex common stock at an average price of $156.21 . Qtrly Fedex freight segment revenue $1.61 billion versus $1.57 billion . Capital spending for fiscal 2017 is expected to be approximately $5.1 billion . Fedex Corp Q4 Fedex ground segment revenue of revenue $6.72 billion versus. $6.70 billion last year . FY 2017 outlook assumes continued moderate economic growth . "reasonably possible" that q4 fiscal 2017 MTM pension accounting adjustments could have material impact on fiscal 2017 consolidated results . Plan to complete purchase price allocation for TNT express no later than q4 of fiscal 2017 . Fedex Corp. Reports fourth quarter earnings . Sees FY 2017 adjusted earnings per share $11.75 to $12.25 excluding items . Q4 loss per share $0.26.  Full Article

Fedex says concluded internet pharmacy case
Friday, 17 Jun 2016 04:25pm EDT 

Fedex: Fedex announces successful conclusion of internet pharmacy case .Fedex Corp says U.S. Department Of Justice has dismissed all remaining criminal charges pending against Fedex and its subsidiaries.  Full Article

TNT Express expands international express service coverage in Spain
Wednesday, 8 Jun 2016 02:05am EDT 

TNT Express NV : Expands international express service coverage in Spain Further company coverage: [TNTE.AS] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Fedex raises quarterly dividend to $0.40/shr from $0.25/shr
Monday, 6 Jun 2016 04:20pm EDT 

Fedex Corp : Sets quarterly cash dividend of $0.40 per share .Raises quarterly cash dividend from $0.25 per share.  Full Article


ZTO spurns huge China valuations for benefits of U.S. listing

HONG KONG Chinese logistics company ZTO Express is turning up the chance of a much more lucrative share listing at home in favor of an overseas IPO that lets its founder retain control and its investors cash out more easily.