DEUTSCHE POST AG ADR
Recently, FedEx (NYSE: FDX) lost nearly 7% of its market value in one day, from $106.46 per share to only $99.13 per share. The drop was due to a profit decline in the third quarter. Since the beginning of the year, FedEx has gained nearly 5.2%. Is the recent drop in its stock price an investment opportunity? Let’s find out.
FedEx, incorporated in 1997 more »
It has been the exact opposite of a dynamite year for TNT Express (NASDAQOTH: TNTEY). Shares of Europe’s second largest (and the world’s fourth largest) package delivery company fell 50% the day UPS (NYSE: UPS) announced that they would withdraw their $7 billion bid to purchase the company. European Union anti-trust regulators indicated to UPS management that they would veto the proposed acquisition (which they officially did a few days later).
Disappointing Results for 2Q13….
The company reported 2Q13 EPS of $1.39 well below consensus of $1.41, indicating that Super-storm Sandy reduced 2Q13 earnings by $0.11/share at the Express Division. Moderate growth in revenues (4.9% yoy) was offset more »