FedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone companies as the shipping giant looks to unlock value for its investors.
BofA analyst raises FedEx price target to $348, expecting value creation through separation and operational improvements. FedEx's FY25 and FY26 EPS estimates increased by 2%, with benefits from ...
FedEx reports earnings for the second quarter, including earnings per share of $4.05. The company completed $1 billion in share repurchases throughout the quarter. Get Monthly Picks of Market's ...
FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies ...
FedEx Corp. has announced plans to separate FedEx Freight into its own publicly traded company. The separation will be completed within the next 18 months and will "allow for more customized ...
The former Dallas County sheriff has been charged with assault after an incident involving a FedEx driver last year. According to online court records, Scotty K. Rice has been ...