FedEx Corp.’s ongoing cost-cutting efforts are delivering results, say analysts, who also welcome the package deliverer’s strategic review of its freight business. In its fiscal fourth-quarter results ...
FedEx reported mostly steady revenue for the fourth quarter, as the Memphis-based logistics giant remains on pace to make $4 billion in permanent cost reductions by the next fiscal year. The company ...
FedEx Corp. (NYSE:FDX) is one of the 10 most undervalued industrial stocks to buy according to analysts. A weaker industrial economy has impacted FedEx’s growth, and the company had to lower its ...
A lot is going on at FedEx, so the stakes were high for its second-quarter results, reported Thursday evening. Investors were looking for solid results amid trade uncertainty and weak shipping markets ...
FedEx is planning to cut between 1,700 and 2,000 back-office jobs in Europe, in its latest push to cut costs as the parcel delivery giant combats a slump in freight demand. The cuts will be spread ...
Transportation stocks have been losing steam, but FedEx has bucked the trend and is a compelling buy following a strong Q3 report in March. FedEx is focused on reducing its costs and has impressive ...
Scale-based cost advantages also arise for FedEx due to immense network processing scale and substantial package density, which create lower marginal costs than a potential new entrant. Amazon’s ...
FedEx stock is up double-digits after its quarterly report, but it is still reasonably priced with good growth prospects and cost-saving initiatives. FedEx Freight can offer a good value-creation ...
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