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FDX

FedEx

$245.03

4.21 (1.75%)

18:33
02/15/18
02/15
18:33
02/15/18
18:33

New Mexico Court of Appeals affirms $178M verdict against FedEx

The New Mexico Court of Appeal has upheld a record $178M verdict against Fedex following a 2011 crash that killed a 22 year old mother and wife and her four year old daughter. The case was in the New Mexico Court of Appeals, Case No. A-1-CA-35001. The wreck critically injured the woman's 19 month old baby boy. Attorneys Jim Scherr and Sam Legate of Scherr Legate in El Paso, Texas, represent the surviving boy and his father. The fatal crash occurred in June of 2011 on Interstate 10 west of Las Cruces after midnight. A Fedex 22-wheel piggy-back tractor trailer was cruising at 62 miles per hour and took no evasive action to avoid the victims' disabled small pickup truck with flashing hazard and brake lights illuminated. The Fedex driver ignored another truck which had parked in the median -- with flashing lights -- to warn oncoming traffic.

  • 20

    Mar

FDX FedEx
$245.03

4.21 (1.75%)

02/12/18
BERN
02/12/18
NO CHANGE
BERN
'Ship with Amazon' gives options to merchants not storing with company, says Bernstein
Bernstein analyst David Vernon believes Amazon (AMZN) is trying to grow Fulfillment by Amazon volume without growing the FBA physical footprint. The "Ship with Amazon" feature seems like an attempt to make Amazon transportation options available to a select list of merchants who do not wish to pay Amazon for the cost of storing their inventory the fulfillment centers, he contends. The analyst believes UPS (UPS) and FedEx (FDX) need to enforce commercial discipline and communicate better.
02/07/18
MSCO
02/07/18
NO CHANGE
MSCO
Amazon appears headed toward direct competition with parcel carriers, says Morgan Stanley
Following a Capitol Forum report that said Amazon (AMZN) is asking multi-carrier shipping software platforms to add it as a carrier option for vendors before the end of 2018, Morgan Stanley analysts Ravi Shanker and Brian Nowak said this would be the latest development in the e-commerce giant's push to become an independent logistics/parcel company and would be a quick evolution. The analysts do not know how Amazon's reported offering might price against the incumbents, but their work estimates that it could be up to 2/3rd cheaper than UPS (UPS) at like density, they tell investors. The analysts remain concerned about secular competitive threats facing UPS and FedEx (FDX), but said they do not believe Amazon has, or wants to build, a network of the scale of the incumbent parcel carriers.
01/08/18
DBAB
01/08/18
NO CHANGE
Target $145
DBAB
Buy
Deutsche names UPS a Top Pick, ups price target to $145
Deutsche Bank analyst Amit Mehrotra raised his price target for UPS (UPS) to $145 and $135 and elevated the shares to Top Pick status in Air Freight & Logistics, along with Knight-Swift (KNX), FedEx (FDX) and XPO Logistics (XPO). The analyst's earnings estimates for UPS have been revised 10% higher to reflect the passage of corporate tax reform. He also estimates that tax reform equates to about $1B of incremental free cash flow per annum. 5% cash tax rate. Mehrotra believes UPS shares are underappreciated and he maintains a Buy rating on the name.
01/05/18
UBSW
01/05/18
UPGRADE
Target $302
UBSW
Buy
FedEx upgraded to Buy on tax reform, favorable environment at UBS
As previously reported, UBS analyst Thomas Wadewitz upgraded FedEx to Buy from Neutral after factoring the Tax Cuts & Jobs Act into his forecasts. The analyst, who also cited signs that point toward a favorable volume and pricing environment for freight transports in 2018, set a $302 price target on FedEx shares.

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LMT

Lockheed Martin

$279.71

0.54 (0.19%)

17:23
12/18/18
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17:23
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17:23
Hot Stocks
Lockheed Martin awarded $585.21M Missile Defense Agency order »

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DRI

Darden

$103.82

4.95 (5.01%)

17:23
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17:23
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  • 18

    Dec

UBER

Uber

$0.00

(0.00%)

17:20
12/18/18
12/18
17:20
12/18/18
17:20
Periodicals
Uber gets Pennsylvania approval to resume self-driving testing, Reuters says »

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SGBX

SG Blocks

$3.59

(0.00%)

17:19
12/18/18
12/18
17:19
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17:19
Syndicate
Breaking Syndicate news story on SG Blocks »

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ADI

Analog Devices

$88.07

0.75 (0.86%)

17:18
12/18/18
12/18
17:18
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17:18
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Analog Devices rating change  »

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  • 18

    Dec

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    Jan

AOBC

American Outdoor Brands

$12.69

0.02 (0.16%)

, RGR

Sturm, Ruger

$53.44

0.38 (0.72%)

17:16
12/18/18
12/18
17:16
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17:16
Hot Stocks
DOJ clarifies that bump stocks fall within definition of 'machinegun' »

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AOBC

American Outdoor Brands

$12.69

0.02 (0.16%)

RGR

Sturm, Ruger

$53.44

0.38 (0.72%)

VSTO

Vista Outdoor

$10.83

-0.02 (-0.18%)

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CBS

CBS

$46.21

-0.6 (-1.28%)

, DIS

Disney

$109.43

-1.2 (-1.08%)

17:16
12/18/18
12/18
17:16
12/18/18
17:16
Periodicals
Former Disney COO Staggs 'top candidate' for CBS CEO post, WSJ says »

The former Chief…

CBS

CBS

$46.21

-0.6 (-1.28%)

DIS

Disney

$109.43

-1.2 (-1.08%)

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  • 19

    Dec

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  • 05

    Feb

FGEN

FibroGen

$39.51

0.54 (1.39%)

17:14
12/18/18
12/18
17:14
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17:14
Upgrade
FibroGen rating change  »

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CVS

CVS Health

$69.55

-1.12 (-1.58%)

, AET

Aetna

$0.00

(0.00%)

17:13
12/18/18
12/18
17:13
12/18/18
17:13
Periodicals
Judge softens suggestion to force CVS to halt Aetna integration, WSJ says »

A federal judge softened…

CVS

CVS Health

$69.55

-1.12 (-1.58%)

AET

Aetna

$0.00

(0.00%)

03/08/13
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  • 07

    Jan

QCOM

Qualcomm

$57.77

0.78 (1.37%)

17:13
12/18/18
12/18
17:13
12/18/18
17:13
Periodicals
Qualcomm chipsets and modems 'nudge' IoT into mainstream, BI says »

Qualcomm is beefing up…

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ADI

Analog Devices

$88.07

0.75 (0.86%)

17:11
12/18/18
12/18
17:11
12/18/18
17:11
Downgrade
Analog Devices rating change  »

Analog Devices downgraded…

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  • 18

    Dec

  • 07

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  • 08

    Jan

MU

Micron

$34.12

0.23 (0.68%)

17:04
12/18/18
12/18
17:04
12/18/18
17:04
Earnings
Micron sees Q2 EPS $1.75 +/- 10c, consensus $2.44 »

Sees Q2 revenue…

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  • 18

    Dec

  • 08

    Jan

LGND

Ligand

$133.43

0.8 (0.60%)

17:04
12/18/18
12/18
17:04
12/18/18
17:04
Earnings
Ligand raises FY18 adj. EPS view to roughly $6.63 from $6.52 »

Ligand is also raising…

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LGND

Ligand

$133.43

0.8 (0.60%)

17:01
12/18/18
12/18
17:01
12/18/18
17:01
Earnings
Ligand sees FY19 adjusted EPS roughly $5.50 »

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CFFI

C&F Financial

$48.81

-2.19 (-4.29%)

16:58
12/18/18
12/18
16:58
12/18/18
16:58
Hot Stocks
C&F Financial names Thomas Cherry CEO »

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MU

Micron

$34.12

0.23 (0.68%)

16:50
12/18/18
12/18
16:50
12/18/18
16:50
Hot Stocks
Breaking Hot Stocks news story on Micron »

Micron reverses…

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  • 18

    Dec

  • 08

    Jan

16:49
12/18/18
12/18
16:49
12/18/18
16:49
General news
API crude inventories for week of December 14 »

API reports that crude…

MU

Micron

$34.12

0.23 (0.68%)

16:48
12/18/18
12/18
16:48
12/18/18
16:48
Hot Stocks
Micron says it is focused on improving cost structure »

Says some cloud customers…

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  • 18

    Dec

  • 08

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RBNC

Reliant Bancorp

$23.17

0.15 (0.65%)

16:46
12/18/18
12/18
16:46
12/18/18
16:46
Hot Stocks
Reliant Bancorp raises dividend 12.5% to 9c »

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MU

Micron

$34.12

0.23 (0.68%)

16:46
12/18/18
12/18
16:46
12/18/18
16:46
Hot Stocks
Micron lowers FY19 DRAM industry demand growth to 16% from 20% »

Taking "decisive…

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  • 18

    Dec

  • 08

    Jan

ANGI

Angi Homeservices

$15.64

-0.01 (-0.06%)

16:46
12/18/18
12/18
16:46
12/18/18
16:46
Initiation
Angi Homeservices initiated  »

Angi Homeservices…

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MTCH

Match Group

$41.98

0.93 (2.27%)

16:42
12/18/18
12/18
16:42
12/18/18
16:42
Initiation
Match Group initiated  »

Match Group initiated…

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UNFI

United Natural Foods

$10.11

-0.75 (-6.91%)

16:42
12/18/18
12/18
16:42
12/18/18
16:42
Hot Stocks
United Natural Foods announces intent to transfer listing to NYSE from Nasdaq »

United Natural Foods…

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  • 18

    Dec

IAC

IAC

$177.17

1.91 (1.09%)

16:39
12/18/18
12/18
16:39
12/18/18
16:39
Initiation
IAC initiated  »

IAC initiated with a Buy…

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TWTR

Twitter

$33.73

0.31 (0.93%)

16:37
12/18/18
12/18
16:37
12/18/18
16:37
Hot Stocks
Twitter initiates IOS update giving timeline feed chronological order feature »

Twitter added a new…

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