Fly News Breaks for March 20, 2017
Mar 20, 2017 | 07:40 EDT
Oppenheimer analyst Scott Schneeberger raised his price target for FedEx to $214 from $210 given the company's Express segment margin expansion opportunity, particularly via TNT synergies, anticipated ground margin rebound, and overall double-digit adjusted EPS growth profile. He reiterates an Outperform rating on the shares.
News For FDX From the Last 2 Days
Aug 16, 2017 | 09:01 EDT
FedEx announced that Mark R. Allen has been named Executive Vice President, General Counsel, and Secretary, effective October 1, 2017. Allen, currently based in Europe, serves as Senior Vice President, Legal & International General Counsel at FedEx Express, a subsidiary of FedEx Corp. and is responsible for all international legal, regulatory, and security matters. Allen will succeed Christine P. Richards, whose pending retirement was announced July 20, 2017.