fedex

FedEx (NYSE: FDX) on Monday announced that it would issue $2 billion of bonds to speed up its stock buyback plans. Back in October 2013, the company authorized buying back as much as 32 million shares. The buyback authorization represents the company's largest and most ambitious action to create...

As to be expected for this time of the year, volume was light today with little market moving data or news released. Major indices were virtually flat as Tuesday will mark the final trading session of 2013. Markets will close tomorrow at 4:00 pm EST and remain closed until Thursday morning....

As United Parcel Service (NYSE: UPS) finishes up delivery of packages it failed to deliver for Christmas, some analysts were already talking about opportunities for competitors to “fill the breach.” Following criticism on social media, senior airfreight and logistics analyst, Anthony Gallo,...

Hoping to boost lagging end-of-year sales, a number of retailers announced a push to attract customers after Christmas. Many big-name stores are taking part – including Macy’s (NYSE: M), Wal-Mart (NYSE: WMT) and even online giant, Amazon (NASDAQ: AMZN). Some traditional bricks and mortar...

"We're terribly sorry," United Parcel Service (NYSE: UPS) spokeswoman Natalie Black told CNN. Black’s comments were made in response to numerous complaints from customers who did not receive packages promised for delivery by Christmas. Black blamed recent severe weather in the Dallas area,...

After much anticipation and heavily speculation the Federal Reserve announced a $10 billion per month taper. Treasury purchases will be cut to $40 billion per month with MBS purchases cut to $35 billion per month. The Fed's move shouldn't come as a surprise as recent economic data and...

U.S stocks started off the week on a positive note with triple digit point gains for the Dow following one of the worst weeks in recent memory. Tuesday is an important day for the markets as the Fed begins its policy meeting which will last until Wednesday. After weeks of anticipating when (or...

On the earnings front, things will start out slow this week, but then FedEx (NASDAQ: FDX), Nike (NYSE: NKE), Oracle (NASDAQ: ORCL), Walgreen (NYSE: WAG) and others will take their turns in the earnings spotlight. Below is a quick look at what analysts expect from some of this week's most prominent...

Major indices were looking for a rebound after a four day skid which included multiple triple digit point losses for the Dow. Futures pointed to a higher opening as investors found reason to be positive in the House's passing of the budget agreement last night. The markets were unable to hold on...

Quarterly reports from Adobe Systems (NASDAQ: ADBE), Costco Wholesale (NASDAQ: COST), H&R Block (NYSE: HRB), Lululemon Athletica (NASDAQ: LULU) and Toll Brothers (NYSE: TOL) will be among the highlights on the earnings front this week. Below is a quick look at what analysts expect from some...

Despite a positive note by a leading analyst at Morgan Stanley (NYSE: MS), major markets suffered a post-turkey Thanksgiving hangover as major indices closed in the red. Adam Parker, Morgan Stanley's lead strategist predicted the S&P will hit 2014… in 2014, an approximate 11.5 percent gain...

Quarterly reports from retailers Kroger (NYSE: KR), Aeropostale (NYSE: ARO), American Eagle Outfitters (NYSE: AEO) and Dollar General (NYSE: DG) will be among the highlights this week. A couple of Chinese solar companies and the big Canadian banks are scheduled to report as well. Below is a quick...

Quarterly reports from Hewlett-Packard (NYSE: HPQ) and Tiffany (NYSE: TIF) will be among the highlights on the earnings front this holiday-shortened week. A handful of other retailers and a couple of Chinese solar companies are scheduled to report as well. Below is a quick look at what analysts...

With the holiday season fast approaching, many consumers are looking towards Black Friday on November 29 and Cyber Monday on December 1 to snag the best deals. While Black Friday has generally been considered the biggest shopping day of the year in the United States, the sales have been...

In a strange announcement that took place Sunday, Amazon (NASDAQ: AMZN) announced that the United States Postal Service has agreed to make Sunday deliveries of some of its packages in select cities. The postal service argues that in order to stop the $16 billion annual cash burn, ending...