FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business. Shares jumped 8% in after-hours trading ...
Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin off its less-than-truckload division into a separate, publicly traded company ...
In recent weeks, FedEx has advanced the planned spin-off of its FedEx Freight business, filing a Form-10 registration ...
FedEx Corporation (NYSE:FDX) is one of the stocks Jim Cramer recently looked at. Cramer highlighted the company’s planned spin-off, as he commented: … Just this morning, FedEx filed its Form-10 ...
FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE:FDX), confirmed Tuesday that it is closing seven service centers across the U.S. this year as the division continues to make alignments ...
Baird upgrades FedEx (FDX) to Outperform with a $427 target, citing parcel margin gains and freight spin value.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The soon-to-be-independent FedEx ...
The company states: “FedEx (FDX) announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full ...
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