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Back in late 2018, I made the argument that FedEx Corporation (FDX) would continue to see upside over the longer term. At the time, the stock had seen a significant price drop due to concerns over lackluster earnings along with the threat of competition from Amazon (AMZN). In spite of a co...
After the storm and the tech meltdown, along with increasing number of COVID-19 infections, this was a quiet week with a few nice surprises. The stars were Adobe Inc (NASDAQ: ADBE) and FedEx (NYSE: FDX). FedEx Analysts were beyond impressed when FedEx again managed to crush expectations as t...
The e-commerce explosion which was catalyzed by the pandemic has made its ways to FedEx’s (NYSE: FDX) bottom line. The shipping giant reported a blowout fiscal first quarter of 2021, surpassing Wall Street’s highest estimates as it $4.87 in per share earnings. FedEx’s...
I closed out my FedEx ( FDX ) position Wednesday. I'd been bullish for the past year, with a cost basis of $163 in my IMF portfolio. With the recent run-up in the stock, including strong earnings this week, the revaluation thesis has played out. FedEx could certainly keep going higher from...
3 Top Air Freight Stocks To Watch In September 2020 It’s been an interesting year for air freight stocks . The novel coronavirus may have brought all the top airline stocks down to their knees. But that doesn’t mean it will stop global shipments. No matter what, trade still ha...
Amazon (NASDAQ: AMZN) is expanding its Prime Air fleet at such a rate that it will likely surpass the third-largest shipping carrier, DHL, next year, before taking aim at FedEx (NYSE: FDX) and UPS (NYSE: UPS) . A study by the DePaul University Chaddick Institute for Metropolitan...
The following slide deck was published by FedEx Corporation in conjunction with this Read more ...
FedEx (NYSE: FDX) late Tuesday reported fiscal first quarter results that came in well ahead of expectations, as a surge in e-commerce business offset pandemic-related expenses. The company is expecting those volumes to sustain through the end of the year, predicting the busiest holiday seas...
In discussing Adobe (NASDAQ: ADBE ) earnings from Tuesday, Vital Knowledge's Adam Crisafulli notes that its unlikely the stock will get a big bounce given the "psychology shift" in growth and momentum (BATS: MTUM ) names where price action in last couple weeks has been to fade positive n...
Eastman Kodak Company (NYSE: KODK ) +42% as independent review says no laws were broken. More news on: Eastman Kodak Company, Myomo, Inc., Pacific Ethanol, Inc., Stocks on the move, , Read more ...
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The U.S. Postal Service plans to shift daily air cargo volumes to UPS before the contract with FedEx expires in September to ensure no service inte...
NORTHAMPTON, MA / ACCESSWIRE / April 24, 2024 / Retail businesses need online sales in order to succeed in today's competitive market. But smaller businesses, especially those owned by women and people of color, often lack the resources or technical know-how to really make a splash in e-commerce...
A substantial slowdown in the shipping business has caused United Parcel Service, Inc. (NYSE:UPS) to deliver lackluster first-quarter results on Tu...