Prosecutor: FedEx knew suicide linked to illegal pharmacy
By SUDHIN THANAWALA - AP - 24 mins ago
SAN FRANCISCO (AP) — FedEx delivered packages containing illegal prescription drugs for internet pharmacies even after it noticed that authorities were cracking down on the businesses and was told that one had shipped drugs to a woman who committed suicide, prosecutors said Monday as a trial began over drug trafficking charges against the shipping giant.
FDX: 160.43 (-0.44), UPS: 103.64 (-0.88)
Business Highlights
By The Associated Press - AP - 2 hrs 28 mins ago
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FDX: 160.43 (-0.44), GE: 29.83 (-0.21), AAPL: 97.34 (-1.49)
The Latest: Attorney: FedEx helped bust illegal pharmacies
AP - Mon Jun 13, 2:52PM CDT
SAN FRANCISCO (AP) — The Latest on the trial of FedEx over allegations it knowingly shipped illegal prescription drugs (all times local):
FDX: 160.43 (-0.44)
Drug trafficking allegations against FedEx head to trial
By SUDHIN THANAWALA - AP - Sun Jun 12, 10:09AM CDT
SAN FRANCISCO (AP) — Two giants — the U.S. government and FedEx — are set to do battle in a federal court over the explosive claim that the shipping company knowingly delivered illegal prescription drugs such as Ambien from pill mills to dealers and addicts, some of whom died.
FDX: 160.43 (-0.44)
Uptrend Call Working As FedEx Stock Rises 22.0% (FDX)
Comtex SmarTrend(R) - Thu Jun 09, 1:50PM CDT
SmarTrend identified an Uptrend for FedEx (NYSE:FDX) on February 17th, 2016 at $133.60. In approximately 4 months, FedEx has returned 21.96% as of today's recent price of $162.94.
FDX: 160.43 (-0.44)
Monmouth Real Estate Investment Corporation Announces New Acquisition In Colorado Springs, CO
PR Newswire - Thu Jun 09, 11:56AM CDT
Monmouth Real Estate Investment Corporation (NYSE: MNR) today announced the acquisition of a new 225,362 square foot industrial building located at 125 North Troy Hill Road, Colorado Springs, CO at a purchase price of $28,845,500. The property is net-leased for 10 years to FedEx Ground Packaging System, Inc., a Delaware corporation. The building is situated on approximately 27.4 acres.
FDX: 160.43 (-0.44), MNR: 12.79 (-0.03)
DIVIDED AMERICA: Rosy economic averages bypass many in US
By CHRISTOPHER S. RUGABER - AP - Thu Jun 09, 11:29AM CDT
MEMPHIS, Tennessee (AP) — Dozens of FedEx jets queue up for takeoff at the airport here. Beale Street, the heart of the music district, hums with tourists. Yet the empty storefronts in Memphis' moribund downtown and the cash-advance shops strewn near its highways tell another story.
FDX: 160.43 (-0.44)
Former Swiss Colony warehouse manager admits to fraud scheme
By RYAN J. FOLEY - AP - Wed Jun 08, 4:43PM CDT
CEDAR RAPIDS, Iowa (AP) — A former warehouse manager for The Swiss Colony catalog company pleaded guilty Wednesday to committing an elaborate fraud scheme in which he stole thousands of sales items worth $423,000 and privately sold them online.
FDX: 160.43 (-0.44), EBAY: 23.89 (-0.18)
Mack Trucks Showcases Wrightspeed's The Route Powertrain at WasteExpo 2016
PR Newswire - Tue Jun 07, 8:30PM CDT
WasteExpo 2016 -- At this week's WasteExpo2016, Mack Trucks, one of North America's largest manufacturers of heavy-duty Class 8 trucks, engines and transmissions, will demonstrate its continued commitment to product excellence by showcasing a highly advanced powertrain innovation, Wrightspeed's The Route(TM). Designed as a replacement for conventional piston engine and transmission systems, the award-winning Route is a range-extended electric vehicle powertrain that provides unlimited range and dramatically reduced fuel costs for today's refuse, delivery and mass transit markets. Wrightspeed counts FedEx, Ratto Group and New Zealand Bus as early Route customers.
FDX: 160.43 (-0.44)
Watch for FedEx to Potentially Pullback After Gaining 1.06% Yesterday
Comtex SmarTrend(R) - Tue Jun 07, 1:42PM CDT
FedEx (NYSE:FDX) traded in a range yesterday that spanned from a low of $163.81 to a high of $165.20. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $165.10 on volume of 471,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FDX: 160.43 (-0.44)
After Yesterday's Rally of 1.06% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Jun 07, 1:41PM CDT
FedEx (NYSE:FDX) traded in a range yesterday that spanned from a low of $163.81 to a high of $165.20. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $165.10 on volume of 471,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FDX: 160.43 (-0.44)
FedEx (FDX) Rewards Shareholders with 60% Dividend Hike
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:43AM CDT
FedEx (FDX) announced a hike in its dividend payout.
FDX: 160.43 (-0.44), SKYW: 24.40 (-0.64), UPS: 103.64 (-0.88)
FedEx Corp. Board Declares Quarterly Dividend
BusinessWire - Mon Jun 06, 3:21PM CDT
The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of $0.40 per share on FedEx Corporation common stock. The dividend is payable July 1, 2016 to stockholders of record at the close of business on June 16, 2016.
FDX: 160.43 (-0.44)
TNT Express Shares to be Delisted
BusinessWire - Mon Jun 06, 11:00AM CDT
FedEx Corporation (FedEx) (NYSE:FDX), FedEx Acquisition B.V. (the Offeror) and TNT Express N.V. (TNT Express) jointly announce that at the request of the Offeror and TNT Express, Euronext Amsterdam N.V. (Euronext) has confirmed its consent to delist the ordinary shares in the capital of TNT Express (the Shares) from Euronext.
FDX: 160.43 (-0.44)
Terminix Shields FedEx St. Jude Classic With Eco-Friendly Mosquito Service
Marketwire Canada - Mon Jun 06, 8:03AM CDT
Treatments at TPC Southwind Will Protect Golfers and Fans From Flying Hazards
FDX: 160.43 (-0.44), SERV: 39.25 (-0.77)
FedEx Up 23.3% Since SmarTrend Uptrend Call (FDX)
Comtex SmarTrend(R) - Thu Jun 02, 1:43PM CDT
SmarTrend identified an Uptrend for FedEx (NYSE:FDX) on February 17th, 2016 at $133.60. In approximately 4 months, FedEx has returned 23.32% as of today's recent price of $164.76.
FDX: 160.43 (-0.44)
FedEx Announces Results of Post-Closing Acceptance Period for TNT Express
BusinessWire - Thu Jun 02, 12:30AM CDT
--Statutory buy-out expected to commence during third calendar quarter of 2016
FDX: 160.43 (-0.44)
Ware Malcomb Announces New Office Opening In Atlanta
PR Newswire - Wed Jun 01, 9:30AM CDT
Ware Malcomb, an award-winning international design firm, today announced it has opened a new office in the Atlanta, Georgia metro area. The new office, located at 2970 Clairmont Road NE, Suite 850 in Brookhaven, Georgia, will provide architectural, interior design and branding services for commercial real estate and corporate clients. The move expands Ware Malcomb's presence to 18 offices throughout North America.
FDX: 160.43 (-0.44)
David Justus Promoted to VP, Sales Delivery and Execution at Midwest
PRWeb - Thu May 26, 3:31PM CDT
Having spent a career in distribution and transportation for companies like FedEx and Premier Farnell, David brings a strong list of qualifications and experiences to his new role, which will entail managing the delivery and execution of Midwest's tried-and-tested industrial solutions.
FDX: 160.43 (-0.44)