UBS Maintains a 'Buy' on FedEx (FDX); Cutting Estimates on Guide Down
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Wells Fargo Downgrades FedEx (FDX) to Market Perform After Warning
September 5, 2012 7:57 AM EDTWells Fargo downgraded FedEx (NYSE: FDX) from Outperform to Market Perform and lowered their valuation range from $100.00 to $104.00 to $89.00 to $93.00, following last night's first quarter warning.
The firm lowered... More
FedEx Corp. (FDX) Guides Lower for Q1
September 4, 2012 5:20 PM EDTFedEx Corp. (NYSE: FDX) announced that earnings for the first quarter ended August 31, 2012 are expected to be in the range of $1.37 to $1.43 per diluted share, compared to $1.46 per diluted share last year. The companys original first quarter forecast was for earnings of $1.45 to $1.60 per diluted... More
