FedEx Corporation is set to mark
40 years of Transatlantic connectivity. The company's
quarterly dividend has increased to $1.45, which is a 5% increase from the previous year. Despite issues related to demand, JPMorgan has set a price target of $260. FedEx reinforces its commitment to shareholder value through consistent performance and rewarding them with a 5.1% hike in the quarterly dividend. FedEx is launching
FedEx Easy Returns at 3,000 US locations, backed by Blue Yonder.
Leadership changes are afoot too in preparation for the separation of FedEx Freight Company. The company announces a dividend payable date for July 2025. There are, however, concerns highlighted by UBS that have led to lowering of FedEx's price target. Macro headwinds resulted in the fall of the FedEx Corporation's stock in Q1. There are
mixed opinions from industry experts like Jim Cramer and the Bill & Melinda Gates Foundation Trust regarding whether FedEx is a good stock to invest in. Amidst these developments, FedEx acquires RouteSmart Technologies to further strengthen pickup and delivery optimization. However, the company's stock dipped despite market gains. FedEx Freight President, Lance Moll is set to retire. Further, FedEx launches the fdx platform and the company has been recognized as an
ethical company by Ethisphere.
Fedex Corporation FDX News Analytics from Wed, 18 Sep 2024 07:00:00 GMT to Sat, 14 Jun 2025 02:39:03 GMT -
Rating 0
- Innovation 5
- Information 7
- Rumor -2
