UPS and FedEx are grounding their fleets of McDonnell Douglas MD-11 planes, the companies said. It comes after a UPS MD-11 crashed during takeoff on Tuesday, killing at least 14 people.
UPS and FedEx have grounded a fleet of cargo planes "out of an abundance of caution and in the interest of safety" following a deadly crash in Kentucky.
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx released its Global Economic Impact Report, highlighting its worldwide network and role in fueling innovation during its 2025 fiscal year.
FedEx trades at a forward PE of 13.1, about half that of the S&P 500, offering significant value in a pricey market. FDX is executing on cost savings, margin expansion, and Network 2.0, driving profitability despite trade headwinds and near-term challenges. Management guides for 5% revenue growth, $1B in cost savings, and a Freight business spin-off, positioning FDX for long-term shareholder va...
Bio-Rad Laboratories was a positive contributor after the company reported steadier earnings than the market expected. PVH also remains our largest share repurchaser for the year after buying a teens percentage of shares outstanding at great prices. Rayonier was an immediate contributor.
FedEx is reiterated at a buy rating, supported by signs of business recovery and attractive valuation. Volume and yield metrics are improving, with top-line growth at multi-year highs, indicating demand has likely bottomed for FDX. Near-term profitability may face pressure, but strategic priorities in healthcare and SMB segments support FDX's long-term growth outlook.
With support from the Alcon Foundation, FedEx, and OMEGA, the Orbis Flying Eye Hospital makes its fourth trip to Ghana for a three-week training project in Accra and Kumasi. ACCRA, Ghana, Oct. 13, 2025 /PRNewswire/ -- Global eye care nonprofit Orbis International announces the start of a training project today in Ghana on board the Orbis Flying Eye Hospital , the world's only fully accredited ...
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