Air Freight & Logistics

According to Morgan Stanley, FedEx (NYSE: FDX) reported F4Q11 EPS of $1.75, which included ~0.05 of benefit below the line. Morgan Stanley said that its April upgrade of FDX was based on a view that FDX is on the cusp of a multi-year growth cycle and that after trading sideways since Dec 2009,...

Sterne Agee is raising its estimates on FedEx (NYSE: FDX) after it reported earnings yesterday. It has a Buy rating and a $120 price target on shares. In a note to clients, Sterne Agee writes, "We raise our Fiscal (May) 2012 EPS estimate again from $6.60 to $6.65, and initiate a Fiscal 2013 EPS...

Jefferies, which raised its PT on shares of FedEx Corporation (NYSE: FDX), is providing some color on the stock. “FDX posted F4Q EPS and F2012 guidance that was meaningfully better than feared, driven by what management recently characterized as ‘the strongest pricing environment in years,”...

Jefferies met with United Parcel Service, Inc. (NYSE: UPS) pilot union on Wednesday, including chief negotiators for the union's upcoming contract amendment. “We believe pilot scheduling, rather than pay, will be the #1 issue,” Jefferies writes. “Upcoming FAA regulatory changes may force UPS to...

J.P. Morgan is out with its report today on FedEx (NYSE: FDX), maintaining Overweight. In a note to clients, J.P. Morgan writes, "FDX delivered a solid 4Q report which provided evidence of continuing favorable yield growth trends and their F2012 guidance showed they continue to have conviction in...

Piper Jaffray reiterated its Overweight rating on FedEx (NYSE: FDX). At the same time, Piper Jaffray raised its price target on the company's stock from $116 to $126 after the company reported better than expected quarterly earnings results. In a research report published today, Piper Jaffray...

Sterne Agee has raised the price target on FedEx Corporation (NYSE: FDX) to $120 and maintains its Buy rating.

Jefferies & Company has raised the price target on FedEx (NYSE: FDX) from $112 to $113 and maintains its Buy rating.

Piper Jaffray has raised the price target on FedEx (NYSE: FDX) from $116 to $126 and maintains its Overweight rating.

Cusick's Corner I am writing this into today's Fed number so I will be brief. Unless there is a major shift in policy language or lack of unanimous agreement, the market looks ready to challenge to the upside. In other words, I will be watching to see if dips are being bought or if we just run to...

FedEx Corporation (NYSE: FDX) shares are continuing to hold their gains, up nearly 3% on the session, after it reported stronger than expected earnings. This is important, as FedEx tends to have wild price swings on its earnings days, so the fact that it is holding its gains indicates a sign of...

Today is the first day of the post-QE2 economy. We've been living under the influence of liquidity injections for the last months. And we enjoyed a spectacular rally that pushed the S&P 500 up 300 points, from 1,050 to 1,360 between September and April. At this point, there's probably not...

Shares of FedEx Corp (NYSE: FDX) rose about 3% after the company reported a 33% rise in its fiscal fourth-quarter profit. FedEx reported its quarterly profit at $558 million, or $1.75 per share, up from $419 million, or $1.33 per share, in the year-earlier period. Its total revenue climbed 12% to $...

FedEx Corp. (NYSE: FDX) today reported earnings of $1.75 per diluted share for the fourth quarter ended May 31, compared to $1.33 per diluted share a year ago, a year-over-year increase of 32%. FedEx Corp. reported the following consolidated results for the fourth quarter: Read more here.

FedEx Corp. (NYSE: FDX) today reported earnings of $1.75 per diluted share for the fourth quarter ended May 31, compared to $1.33 per diluted share a year ago, a year-over-year increase of 32%. FedEx Corp. reported the following consolidated results for the fourth quarter: • Revenue...