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FedEx Corp. has announced plans to separate FedEx Freight into its own publicly traded ... potentially boosting long-term ...
FedEx would create two standalone companies; stock rallies 8% on the news FedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit ... operating profit growth despite several ...
Costfoto / NurPhoto / Getty Images FedEx (FDX) shares jumped in extended trading Thursday after the shipping giant announced plans to spin ... projecting flat revenue growth year-over-year ...
Even with the 15% jump in stock price, the P/E remains quite reasonable to expected EPS growth ... as FedEx disclosed on page 2 of the earnings release that “FedEx Freight has announced plans ...
The freight titan’s board has also tapped John Smith to lead the LTL operation spin-off in 2026. FedEx Freight will split ... Also high on the list of growth initiatives: Adding to the less ...
FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies ...
Two FedEx Corp. officials have been tapped for leadership roles at FedEx Freight, which is being separated into its own ...
FedEx shares moved sharply higher in extended trading on Thursday after the shipping ... in Trump Drug Plan Watch These Microsoft Price Levels as Stock Surges on AI Cloud Growth Watch These ...
The shipping giant reported adjusted ... the company expects low-to-mid single-digit percent growth year-over-year. FedEx also said it plans to repurchase up to $2.5 billion worth of shares ...
potentially boosting long-term growth prospects for its core package operations and what will become a separate freight business. The plan to spin off FedEx Freight was announced ahead of Thursday ...