24 04, 2024

UPS Shares Fall on Weak Revenue Despite Strong Profits: 3 Things UPS Investors Need to See

By |2024-04-24T17:39:14+00:00April 24th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

The United Parcel Service Inc. (UPS) delivered its first quarter earnings yesterday in which the top line fell short of expectations despite beating the bottom line consensus. The stock had been rallying leading into the news but has fallen around 3% so far today. Revenue fell to $21.71 billion, representing a 5.3% drop year [...]

1 04, 2024

UPS Wins Over U.S. Postal Service as Air Cargo Provider, Replacing FedEx: Is it Time to Buy UPS?

By |2024-04-01T17:15:16+00:00April 1st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

United Parcel Service, or UPS (UPS), will officially replace FedEx as the United States Postal Service’s primary air cargo provider. This comes after FedEx and USPS failed to agree on new contract terms, which were set to expire later this year on September 29th. FedEx wanted to negotiate a better deal, and ultimately, ended [...]

22 03, 2024

FedEx is Up 8% After Beating Earnings, Approving $5b Buyback: 3 Other Reasons to Buy FDX

By |2024-03-22T15:22:04+00:00March 22nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

FedEx (FDX) is ending the week with a bang. The stock is up more than 8% Friday morning after the company beat the expectations for third-quarter earnings and announced a massive stock buyback program. The company did disappoint in revenue, with a 2% slip year over year to $21.7 billion. However, the bottom line [...]

20 12, 2023

FedEx Falls After Cutting Full-Year Revenue, Should You Sell?

By |2023-12-20T18:12:26+00:00December 20th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , |

In a crushing quarter 2 report released yesterday, FedEx (FDX) cut its full-year revenue to $22.2 billion in 2024 from $22.8 billion in 2023. The report caused FedEx to fall 9.8% in the stocks, ruining months of gains. Despite the market’s adverse reaction, nobody can blame a company for cutting costs during high interest [...]

22 06, 2023

FedEx Falls on Disappointing 4th Quarter Earnings – Cause for Concern, or is the Stock Still Strong?

By |2023-12-07T20:49:46+00:00June 22nd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

FedEx (FDX) reported fiscal 4th quarter earnings on Tuesday, and while there were some positive highlights, much of the report was negative. As a result, shares fell more than 5% in extended trading. This was the company’s third consecutive quarter in a row of declining revenue, as sales fell more than 10% to just [...]

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