Shareholder-friendly moves and cost-cutting initiatives bode well for the Zacks Transportation-Air Freight and Cargo industry. UPS, FDX and GXO are well-poised to capitalize on the bullishness.
FedEx Corp. FDX, -0.51% said Wednesday it's reducing its work force by 1,700 to 2,000 employees at a cost $250 million to $375 million. The Memphis-based package delivery giant expects to save $125 mi
FedEx is planning to cut between 1,700 and 2,000 back-office jobs in Europe, it said in a filing on Wednesday, as the parcel delivery company struggles with weak freight demand.
FedEx (FDX) concluded the recent trading session at $252.43, signifying a -0.51% move from its prior day's close.
FedEx (FDX) has a solid dividend growth track record over the past five years.
FedEx Corp. announced Monday a 9.5% increase in its quarterly dividend, which has now more than doubled in three years.
MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corp. (NYSE: FDX) today approved an increase in the annual dividend rate on FedEx Corp. common stock of 10%, or $0.48 per share, to $5.
FedEx is set to report its Q4 fiscal year earnings on June 25th. Wall Street is expecting GAAP EPS of $5.22 on revenues of $22.15 billion. The company has been underperforming the S&P 500 this year du
FedEx's (FDX) bottom line expands due to cost-cut efforts. However, the company's top line grapples with a weak demand scenario.

Here's Why FedEx (FDX) is a Strong Value Stock

10:45am, Tuesday, 04'th Jun 2024
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The SPDR S&P 500 ETF Trust had a 5.06% gain in May, outperforming Vanguard's Dividend Appreciation Index Fund ETF Shares, +3.33%. The top 15 dividend growth stocks for June 2024 offer an average divid
FedEx (FDX) concluded the recent trading session at $249.58, signifying a +1.82% move from its prior day's close.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
FedEx Corporation (NYSE:FDX ) Bernstein's 40th Annual Strategic Decisions Conference May 29, 2024 1:30 PM ET Company Participants Jeni Hollander - IR Raj Subramaniam - President, CEO, and Director Con
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