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 ...

LAS VEGAS--(BUSINESS WIRE)--The coveted Vince Lombardi Trophy arrived on the scene in Las Vegas for Super Bowl LVIII on Wednesday via FedEx, the Official Delivery Service of the NFL. A FedEx Express delivery van transported the trophy to the Super Bowl Experience Presented by Toyota, officially marking the first time Las Vegas and the state of Nevada will welcome The Big Game, as the Kansas City Chiefs and San Francisco 49ers are set to square off on Sunday. “ FedEx is honored to be trusted with the delive ...

More than 80 years ago, Winston Churchill said war would be waged on multiple fronts: the beaches, the fields, the streets and in the air.In today’s digital age, the battle for eCommerce is waged, similarly, across several areas of engagement — the online search, the checkout, the fulfillment.Amazon is but one easy target here. There’s no shortage of firms gunning for position against the eCommerce colossus. And in doing so, they might strive to reinvent their business models. In some cases, acquisitions ar ...

gk-6mt Introduction Companies enabling global trade and commerce are crucial in the industrial sector. The logistics and transportation sector is an important pillar in portfolios. The industry, characterized by its fast-paced expansion into long-distance and global trade, plays a vital role in the modern economy. As e-commerce continues to expand, reshaping consumer behavior and supply chains, companies within this sector that can adapt quickly, leverage technology, and expand strategically are positio ...

FedEx (FDX) ended the recent trading session at $251.55, demonstrating a -0.62% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.07%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.36%.The package delivery company's shares have seen a decrease of 0.18% over the last month, surpassing the Transportation sector's loss of 2.2% and falling behind the S&P 500's gain of 3.05%.The upcoming earnin ...

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.Over the past month, shares of this package delivery company have returned -0.5%, compared to the Zacks S&P 500 composite's +2.5% change. During this period, the Zacks Transportation - Air Freight and Cargo industry, which FedEx falls in, has lost 0.5%. The key question now is: What could be the stock's future direction ...

After a sluggish New Year start, the stock market is again rallying. The benchmark S&P 500 and Nasdaq 100 each hit new all-time highs on Jan. 19. The blue-chip Dow Jones Industrial Average has been hitting successive new PRs since December of last year. The new records have been reached thanks, in large part, to the continued rally in technology stocks. Specifically, the stocks of microchips and semiconductor companies tied to artificial intelligence (AI) have been leading the market higher. While impressiv ...