MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) announced today that Robert B. Carter, EVP, FedEx Information Services & CIO, FedEx Corporation and co-president & co-CEO of FedEx Services, will retire after an exemplary career at FedEx for 31 years. He will step down from his current roles effective June 30, 2024, and will remain with the company as a senior advisor until December 31, 2024, to help ensure a successful transition. Under his leadership, Carter spearheaded cutting-edge technology t ...

FedEx (FDX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this package delivery company have returned +3.1% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Transportation - Air Freight and Cargo industry, to which FedEx belongs, has gained 6.6% over this period. Now the key question is: Where could the stock be headed in the near term ...

FedEx (FDX) closed the latest trading day at $241.12, indicating a -0.96% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.38%. Elsewhere, the Dow lost 0.16%, while the tech-heavy Nasdaq lost 0.13%.Coming into today, shares of the package delivery company had lost 3.22% in the past month. In that same time, the Transportation sector gained 3.94%, while the S&P 500 gained 4.74%.Investors will be eagerly watching for the performance of FedEx in its upcom ...

Top Wall Street Bank Loves 5 Dividend Stocks for 2024 Chaay_Tee / iStock via Getty Images Every year, the top Wall Street firms release a list of their top stock picks for the coming 12 months, and typically, they are companies that the stock analysts have incredibly high conviction in. In addition, they often have good upside to the assigned price target and are bestowed with either a Buy or Overweight rating depending on the company providing the coverage.At 24/7 Wall St., we like to cover these top sto ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about FedEx (FDX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.FedEx currently has an average brokerage recom ...

In the latest trading session, FedEx (FDX) closed at $239.54, marking a +0.82% move from the previous day. This move outpaced the S&P 500's daily loss of 0.6%. Elsewhere, the Dow lost 0.17%, while the tech-heavy Nasdaq lost 0.92%.The package delivery company's shares have seen a decrease of 5.23% over the last month, not keeping up with the Transportation sector's gain of 3.62% and the S&P 500's gain of 3.56%.The investment community will be closely monitoring the performance of FedEx in its forthcoming ear ...

MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.26 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable April 1, 2024 to stockholders of record at the close of business on March 11, 2024. FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual ...

FedEx founder and executive chairman Fred Smith is adding his name to the list of business leaders sounding the alarm over America's surging national debt, telling FOX News this week it is "unsustainable." During an interview on "Special Report" Tuesday evening, host Bret Baier asked Smith for his take on the level of federal debt held by the U.S. government, which is now above $34 trillion. "Federal debt held by the public was 97% of GDP in 2022, projected to equal 195% of GDP by 2050," Baier noted. "Event ...

FedEx (FDX) closed the most recent trading day at $236.83, moving +0.19% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.96%. Meanwhile, the Dow gained 0.4%, and the Nasdaq, a tech-heavy index, added 1.3%.The the stock of package delivery company has fallen by 3.53% in the past month, lagging the Transportation sector's gain of 2.34% and the S&P 500's gain of 3.69%.Investors will be eagerly watching for the performance of FedEx in its upcoming earnings di ...

Is David Tepper an income investor? Nope. The hedge fund manager (and Carolina Panthers owner) probably doesn't factor dividends into his thinking much, if at all, when picking stocks.However, that doesn't mean Tepper doesn't own plenty of dividend stocks. There are more of them in the billionaire's Appaloosa Management hedge fund than you might think. He's invested 38% of his portfolio in these five dividend stocks. 1. Meta PlatformsMeta Platforms (META -0.40%) ranks as the top holding in Tepper's Appaloos ...