Wednesday, April 7, 2010 as of 11:14 AM ET
FedEx Corporation (), originally known as FDX Corporation, is a logistics services company, based in the United States with headquarters in Memphis, Tennessee.
Read More at Wikipedia ›During trading today, the Transportation sector (IYT) showed little change while the S&P 500 fell 2.
5%.Swift Transportation Company (NYSE:SWFT) was a major loser in the sector. Its price dropped 12.4% (-$1.32) to close at $9.29, as 4.7 million shares moved. The stock traded in a range of $9.21 to $10.15. Shares are down over the last two months as the price has dropped $2.21 (-19.2%) from a price of $11.50 on April 3, 2012.FedEx (NYSE:FDX) declined 4.4% to close at $85.25, moving below its 50-day moving average of $88.59 and 200-day moving average of $87.87.China Southern Airlines (NYSE:ZNH) rose 1.9% to close at $21.82, moving closer to its 50-day moving average of $21.93. Union Pacific (NYSE:UNP) fell 3% to close at $108.11, moving down to 0.2% above its 200-day moving average of $107.94.Grupo TMM S.A.B. (NYSE:TMM) was a significant gainer in the sector, rising 2.3%. The stock closed at $1.79 with 6,632 shares moving. The stock traded in a range of $1.65 to $1.79.CH Robinson Worldwid...FedEx Corp. said Thursday it would pay an undisclosed price to buy French business-to-business express transporation company, Tatex. FedEx said it's buying the priva...
YRC Worldwide Inc. (YRCW) has largely finished pruning its business lines and now has a "laser-like" focus on improving its core North American operations, James Wel...
Avondale Partners Managing Director Donald Broughton weighs in on UPS earnings.
Shipping giant UPS (NYSE:UPS) weighed in on Thursday with a 6% rise in first-quarter profits thanks to a rise in U.S. demand, but the economic bellwether's earnings ...
DOW JONES NEWSWIRESExpeditors International of Washington Inc. (EXPD) expects to miss Wall Street's first-quarter estimates as shipping volumes declined amid a shaky...
Elliot and Jamie Arking show how to get wine at a steal.
FBN’s Lou Dobbs on the United States Postal Service and the debate over whether snail mail should be saved.
FBN’s Liz MacDonald on the CEO scandals over the years such as the recent allegations against former Best Buy CEO Brian Dunn.
TNT Express NV (TNTE.AE) last year held talks with several parties about a potential acquisition before the Dutch shipping company in March agreed to an offer from U...
TAKING THE PULSE: Railroad and trucking companies are expected to post improved results from a year earlier as mild winter weather boosted operating performance.Howe...
In its latest effort to expand in Europe and compete with rival United Parcel Service (NYSE:UPS), FedEx (NYSE:FDX) on Thursday said it was acquiring Polish shipping ...
Dutch package company TNT Express NV (TNTE.AE), which has agreed to be acquired by its U.S. rival United Parcel Service Inc. (UPS), said Monday that first-quarter op...
FedEx Corp. (FDX) has agreed to buy Brazilian logistics and transport company Rapidao Cometa Logistica e Transportes S.A. as it furthers its expansion into Latin Ame...
FedEx Corp. said Tuesday it will acquire 9,000-employee Rapidao Cometa in a move to expand operations in Brazil. The Memphis-based package delivery giant did not dis...
Kairos Society founder Ankur Jain on how entrepreneurs can innovate and not just look to what others have created already.
FBN’s Nicole Petallides on the decline in Facebook for the week.
FBN's Diane Macedo breaks down afternoon market news.
The Transportation sector (IYT) held steady on a trading day that saw S&P 500 drop 0.3%.Air Transport Services Group (NASDAQ:ATSG) was a significant gainer in the se...
FedEx Corp. (FDX) agreed to acquire Tat Express, a French express-transportation company, adding to recent efforts to expand its operations in Europe.Financial detai...
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