Core Insights - FedEx has experienced a significant stock recovery after a 25% drop in the first four months of 2025, with a strong comeback attributed to its June quarterly report highlighting savings from the DRIVE program [2] - The company achieved its fiscal 2025 DRIVE target of $2.2 billion and aims for permanent cost reductions of $1 billion in the current fiscal year through its DRIVE and Network 2.0 transformation programs [3] - Following the June report, FedEx has seen consistent growth in revenue, net income, and earnings per share, with a 6.84% year-over-year revenue growth reported for Q2 FY26, the highest since Q2 2022 [4] Spinoff Details - FedEx plans to spin off its freight division into an independent company named FedEx Freight, which is set to begin trading on the NYSE under the ticker FDXF on June 1 [6] - This spinoff is expected to enhance shareholder value by allowing FedEx to focus on its core parcel, ground, and express shipping services, while FedEx Freight will concentrate on trucking [8] - Investors will have the option to invest in either FedEx as a pure courier stock or in FedEx Freight for those interested in the freight sector [8]

Core Insights - Magnum Ice Cream Company, the largest standalone ice cream business globally, debuted on the Amsterdam stock exchange with an opening stock price of 12.20 euros, slightly below the reference price of 12.80 euros [1][2] - The company aims to be more agile, focused, and ambitious as an independent entity, according to CEO Peter ter Kulve [2] - Unilever's decision to spin off its ice cream division, which includes brands like Ben & Jerry's and Magnum, was influenced by investor pressure for a business overhaul [3] Financial Performance - The ice cream division generated 7.9 billion euros (approximately $9.2 billion) in revenue in 2023, indicating strong financial performance that supports the rationale for its independence [3]