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Fedex Corp - FDX STOCK NEWS

Welcome to our dedicated news page for Fedex (Ticker: FDX), a resource for investors and traders seeking the latest updates and insights on Fedex.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fedex's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fedex's position in the market.

News
FedEx Supports New Project Mapping Charging Needs and Grid Readiness in the GTHA
Rhea-AI Summary
The Pembina Institute, with support from FedEx, launches the Grid Readiness Project to accelerate fleet electrification. The project aims to transition gas- and diesel-powered fleets to zero-emission road freight by providing a comprehensive charging infrastructure Action Plan for the Greater Toronto and Hamilton Area. The collaboration with RMI will help inform utilities, energy regulators, and decision-makers on optimal locations for charging stations. FedEx's commitment to sustainable transportation includes transitioning its parcel pickup and delivery fleet to zero-emission vehicles by 2040.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
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News
Win Win Coffee Is Brewing a Revolution in the Coffee Industry
Rhea-AI Summary
Win Win Coffee, a mission-driven enterprise in Philadelphia, is revolutionizing the coffee industry by amplifying opportunities for Black and Brown communities. Founded by Nikisha Bailey and Matt Nam, the company focuses on providing traceability from bean to cup, addressing the lack of diversity in coffee ownership. Despite facing challenges during the pandemic, Win Win Coffee turned adversity into opportunity by leveraging the FedEx E-commerce Learning Lab to expand their online presence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
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FedEx Reports Higher Third Quarter Diluted EPS of $3.51 and Adjusted Diluted EPS of $3.86
Rhea-AI Summary
FedEx Corp. reports a 19% increase in operating income year over year, with a 16% rise on an adjusted basis. The company reduces its capital spending forecast and plans a $500 million share repurchase in the fourth quarter. The Board of Directors also authorizes a new $5 billion share repurchase program. FedEx narrows its full-year earnings outlook range, showcasing improved profitability despite a challenging demand environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.35%
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Ethisphere Names FedEx as One of the 2024 World’s Most Ethical Companies(R) for the Second Time
Rhea-AI Summary
FedEx Corp. (FDX) has been recognized as one of the 2024 World's Most Ethical Companies by Ethisphere for the second consecutive year. FedEx is the sole honoree in the Transportation/Trucking/Railroad industry among 136 recognized companies spanning 20 countries and 44 industries. The company's commitment to business integrity, compliance, and governance has been acknowledged through its exceptional compliance programs. FedEx's Chief Compliance Officer, Justin Ross, expressed gratitude for the recognition, highlighting the global team's efforts in upholding a strong culture of ethics. Ethisphere's Chief Strategy Officer, Erica Salmon Byrne, commended FedEx for setting a standard of ethics and integrity in business. The recognition is based on Ethisphere's rigorous assessment methodology, including the Ethics Quotient, which evaluates companies on various aspects of ethics, ESG practices, compliance programs, diversity, equity, and inclusion, and value chain initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
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FedEx Invests USD 350 Million in New State-of-the-Art Hub at Dubai World Central Airport in Dubai South
Rhea-AI Summary
FedEx Express inaugurates a new MEISA hub at Dubai World Central Airport, investing over USD 350 million in the UAE's economy. The hub aims to enhance global connectivity and support trade and commerce, aligning with the nation's economic growth agenda.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
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New FedEx HBCU Student Ambassador Program Cohort Unveiled in a “Super” Way
Rhea-AI Summary
FedEx Corporation announces the third cohort of the FedEx HBCU-Student Ambassador Program with the delivery of the Vince Lombardi Trophy ahead of Super Bowl LVIII. The delivery featured Bob Fini, Jerry Rice, and Chanelle Houston, showcasing the partnership between FedEx, the NFL, and HBCUs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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FedEx EVP/CIO Robert B. Carter to Step Down June 30, 2024
Rhea-AI Summary
FedEx Corp. announced the retirement of Robert B. Carter, a key figure in modernizing their IT infrastructure, and the appointment of Sriram Krishnasamy as the new Chief Digital and Information Officer. Krishnasamy will lead FedEx's IT and Dataworks teams to enhance global operations and customer service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
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FedEx Earns No. 17 Spot on the Fortune World's Most Admired Companies List
Rhea-AI Summary
FedEx Corporation has been ranked as one of the most admired companies globally in Fortune magazine's 'World's Most Admired Companies' report for the 24th consecutive year. FedEx holds the 17th position overall and remains the highest ranked delivery company on the list. The survey evaluates nine attributes related to financial performance and corporate reputation, showcasing FedEx's dedication to excellence in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
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FedEx To Launch 12th Annual Small Business Grants Program
Rhea-AI Summary
FedEx Corp. announces the launch of its 12th annual Small Business Grants Program, offering over $230,000 in grants and services to ten U.S.-based small businesses. The application period runs from March 1 to April 1, 2024, with winners announced on May 16, 2024. The program includes a $50,000 grand prize and nine $20,000 grants, along with various benefits like print credits, digital consultations, and access to forums.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
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Thurgood Marshall College Fund and FedEx Help Students Continue Education
Rhea-AI Summary
FedEx continues its support for the Thurgood Marshall College Fund by providing scholarships to first-generation college students from low-income families. Collaboration with the FedEx NFL Air & Ground program has enabled needs-based scholarships at Historically Black Colleges and Universities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
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Stock FDX logo
Fedex Corp

NYSE:FDX

FDX Rankings

#192 Ranked by Market Cap
#484 Ranked by Stock Gains
#1458 Ranked by Dividends

FDX Stock Data

65.90B
225.61M
8.14%
78.77%
1.4%
Couriers and Express Delivery Services
Transportation and Warehousing
Link
US
Memphis

About FDX

fedex connects people and possibilities through our worldwide portfolio of shipping, transportation, e-commerce and business services. we offer integrated business applications through our collaboratively managed operating companies — collectively delivering extraordinary service to our customers — using the expertise and reliability represented by the fedex brand. our people are the foundation of our success, and fedex has consistently ranked among the world’s most admired and trusted employers. we inspire our global workforce of more than 400,000 employees to remain absolutely, positively focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. we owe our success as an industry leader to the more than 400,000 global team members who deliver exceptional customer service experiences day-in and day-out. want to be part of this dynamic team? check out our open positions located on the careers site on fedex.com: http://careers.va