News

FedEx shares just got smaller -- but investors got FedEx Freight stock as a consolation prize.

Instead, FedEx’s spinoff—FedEx Freight trades under the symbol FDXF—is complete. FedEx was at $333 in late-morning trading, down about 1% from its Friday close north of $411. FedEx Freight shares were trading for $164, up about 2.5% from its late Friday price of about $160.

The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday. The post FedEx Freight embarks on journey as standalone LTL carrier appeared first on FreightWaves.

null

FedEx has completed the spin-off of FedEx Freight as an independent, publicly traded company focused on the North American LTL sector. The transaction separates FedEx's core parcel and express operations from its LTL freight business into two distinct listed companies. For investors watching NYSE:FDX, this move comes with the stock trading at $411.75 and showing a 40.5% return year to date and 93.2% over the past year. The separation of FedEx Freight puts more attention on the remaining...

FedEx is investing $54 million to add capacity at its Netherlands trucking hub to keep up with growing transport demand in Europe and enable easier connections to its air cargo network. The post FedEx trucking hub expansion in Netherlands aids new air cargo strategy appeared first on FreightWaves.

FedEx completes spinoff of its FedEx Freight business. Shares join the S&P 500, Dow Jones Transportation indexes. FDX stock upgraded.

FedEx Corp. (NYSE:FDX) traded modestly higher on Monday after finalizing the separation of its freight division, creating a new standalone publicly listed company, FedEx Freight Holding Company, Inc.

The LTL carrier begins its new chapter since its spinoff was announced in December 2024.

(Bloomberg) -- Summer events including the FIFA World Cup and America’s 250th anniversary could spur sales of sweet treats, making now a key time to snap up beaten-down shares of Hershey Co., according to the candy and snack maker’s newest Wall Street bull.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to Cut IPO Value Goal to at L

The long-awaited spinoff of FedEx Freight is just about done, and shares of the newly independent less-than-truckload business start trading on Monday, June 1. Old Dominion Freight Line and XPO are LTL shippers. The reason for FedEx’s separation of its LTL business is relatively obvious.

FedEx's freight business will become a separate entity.

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

FedEx (FDX) is drawing fresh attention as the company prepares to spin off its FedEx Freight business on June 1. The move coincides with upcoming quarterly earnings and renewed debate over the stock. See our latest analysis for FedEx. FedEx’s share price has recently picked up momentum, with a 1-day share price return of 2.94% and a year to date share price return of 40.48%, while the 1-year total shareholder return of 93.84% and 3-year total shareholder return of 101.19% underline how...

While profitability is essential, it doesn’t guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies — as Jeff Bezos said, “Your margin is my opportunity”.

Nordic American Tankers (NAT) delivered earnings and revenue surprises of +6.25% and -3.88%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

FedEx will spin off FedEx Freight as an independent company on June 1, and the new business will quickly join the S&P 500 index.

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.09%. June E-mini S&P futures (ESM26 ) rose +0.04%, and June E-mini Nasdaq futures...

J.P. Morgan says the separation could unlock more value for shareholders.

Investing.com -- JPMorgan upgraded FedEx to Overweight from Neutral on Wednesday, raising its price target to $460 from $432, as the bank's analysts said the stock offers an attractive opportunity ahead of a pivotal period for the logistics giant.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.44%. June E-mini S&P futures (ESM26 ) are down -0.07%, and June E-mini Nasdaq futures...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.15%. June E-mini S&P futures (ESM26 ) are down -0.05%, and June E-mini Nasdaq futures...

On Wednesday, J.P. Morgan analyst Brian Ossenbeck boosted his rating of FedEx stock to Buy from Hold. FedEx stock jumped 2.8% to $411.20 after the open Wednesday, while UPS stock rose 1.2% to $103.32. Ossenbeck has a positive of the view of the company heading into the spinoff of its freight business, expected next week, and before its fiscal-fourth-quarter results on June 23.

FedEx upgraded, Dollar General downgraded: Wall Street's top analyst calls

Pre-Market Stock Futures: Futures are trading higher as we hit the mid-week point, as the technology-led rally continues to spiral higher. While the major indices finished the day mixed, the technology-heavy Nasdaq led the way once again, closing at a new record high of 26,656, up 1.19%, while the S&P 500 also set a new ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Agilent, Dollar General, FedEx, GE Aerospace, Hershey, Intuit, SanDisk, Workday, Zscaler, and More

June S&P 500 E-Mini futures (ESM26) are up +0.36%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.56% this morning as optimism surrounding artificial intelligence and hopes for a U.S.-Iran peace deal boosted sentiment.

A number of stocks jumped in the afternoon session after WTI crude oil fell 4.7% to $92.94, providing direct margin relief to trucking, rail, and logistics companies that spend a sizable percentage of operating costs on fuel.

Shares of freight carrier Old Dominion (NASDAQ:ODFL) jumped 2.8% in the afternoon session after WTI crude oil fell 4.7% to $92.94, providing direct margin relief to trucking, rail, and logistics companies that spend a sizable percentage of operating costs on fuel.

A number of stocks jumped in the afternoon session after WTI crude oil fell 4.7% to $92.94, providing direct margin relief to trucking, rail, and logistics companies that spend a sizable percentage of operating costs on fuel.

A number of stocks jumped in the afternoon session after WTI crude oil fell 4.7% to $92.94, providing direct margin relief to trucking, rail, and logistics companies that spend a sizable percentage of operating costs on fuel.