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Deutsche Bank Raises Estimates on FedEx
Friday, December 17, 2010 - 8:54am | 108Read More...Deutsche Bank is out with its report on FecEx (NYSE: FDX) in which it raises estimates on FDX. In its report, Deutsche Bank writes, "We are maintaining our FY2011 EPS estimate of $5.17 and raising our FY2012 EPS estimate to $6.32, up from $6.15. We have improved our FH2 EPS estimates offsetting the...
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Piper Raises PT On FedEx
Friday, December 10, 2010 - 7:55am | 21Read More...Piper Jaffray has raised the price target on FedEx (NYSE: FDX) from $110 to $115.
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Deutsche Bank Reiterates FedEx Rating Following 4.9% Rate Increase
Wednesday, December 8, 2010 - 10:02am | 87Read More...Deutsche Bank is reiterating its Buy rating on FedEx Corporation (NYSE: FDX) following the company's announcement that it will increase FedEx Ground and FedEx Home Delivery shipping rates by a net average of 4.9% effective January 3, 2011. “The increase effectively matches UPS Ground's previously...
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FedEx Raises Shipping Rates
Monday, December 6, 2010 - 8:41am | 67Read More...FedEx (NYSE: FDX) announced this past Friday it will raise rates for its ground and home delivery operations by 4.9%, beginning January 3rd. Barron's reports, "The rate hike follows a 3.9% hike on FedEx's Express service and a 6.9% hike on Freight and LTL rates, announced back in September." FDX...
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Piper Jaffray's Freight Update: Week 41
Friday, October 22, 2010 - 8:04am | 353Read More...Piper Jaffray has published a Freight Update report from week 41 on Intermodal Volume. In the report, Piper Jaffray writes "We believe broader Freight market fundamentals continue to improve thus far in 4Q10 albeit volume growth rates are moderating due to tougher comparisons and some market demand...
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Goldman On Transportation
Wednesday, October 6, 2010 - 8:18am | 418Read More...Goldman Sachs has issued a report on America's Transportation industry. In the report, Goldman writes "We expect railroad results to be mixed following more broad-based industry strength in recent quarters—as companies begin to bring assets/costs back on line to support increased volumes. For...
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Greater Margins For FedEx Expected Through 2011/2012
Thursday, September 30, 2010 - 8:08am | 131Read More...Piper Jaffray attended FedEx Corporation's (NYSE: FDX) Investors and Lenders meeting, and walked away feeling that the company's trajectory earning potential is greater than Consensus EPS estimates suggests. In the research report, Piper Jaffray writes "Management reiterated +10% longer term...
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Deutsche Bank Sees Positive Catalysts On FedEx
Monday, September 27, 2010 - 9:49am | 146Read More...Deutsche Bank is positive on FedEx (NYSE: FDX), as it believes the investor meetings on Tuesday and Wednesday should be a catalyst for shares. It reiterates a Buy rating with a $115 price target. In the research note, Deutsche Bank writes, "We expect FDX's investor meetings on Tues./Wed. to be a...
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FedEx's 2Q Guidance Too Conservative, JP Morgan Says
Friday, September 17, 2010 - 7:14am | 120Read More...FedEx Corporation (NYSE: FDX) reported disappointing 2QF2011 guidance that JP Morgan believes was driven by cost pressures and a less favorable fuel impact, but also feels that guidance is somewhat conservative. 1QF2011 showed strong volume growth and management indicated that trends are remaining...
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Deutsche Bank's Freight Tracker Top Picks
Thursday, September 16, 2010 - 7:24am | 306Read More...Current Top picks: Union Pacific (NYSE: UNP),$79.08 Buy FedEx Corporation (NYSE: FDX),$85.94 Buy J. B. Hunt (NASDAQ: JBHT),$35.19 Buy United Parcel Service (NYSE: UPS),$67.66 Buy Companies featured: Arkansas Best Corp. (NASDAQ: ABFS),$23.74 Hold C.H. Robinson Worldwide (NASDAQ: CHRW),$68.21 Con-way...
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FedEx F1Q11 Preview
Tuesday, September 14, 2010 - 7:37am | 97Read More...FedEx Corporation (NYSE: FDX) is scheduled to report F1Q11 earnings Thursday, September 16th before the market opens and is expected to report at the higher end of EPS guidance and introduce midpoint 2Q11 guidance above consensus, Piper Jaffray reports. Guidance range is currently $1.05-1.25,...

