52 week hi for FedEx shares
#1
52 week hi for FedEx shares
FedEx shares reach 52-week high
FedEx Corp. shares went up 2.97 percent Wednesday to close at $110.43, a 52-week high.
This is the second time in three months that Memphis-based FedEx (NYSE: FDX) reached such a record. In December 2005, the global shipper's stock reached $103.70.
Volume was heavy Wednesday with 2.65 million shares trading hands, surpassing the average daily trading volume of 1.5 million shares. The stock's price traded as high as $110.57 during the day. Tuesday's closing price was $107.24.
Associated Press reported that this 52-week high was a result of an analyst saying FedEx can outperform rival Atlanta-based United Parcel Service Inc. in the near future.
FedEx's recent quarterly results were strong, with net income surging by 33 percent.
Shares of UPS (NYSE: UPS) closed at $75.32 Wednesday, after they rose by less than one percent.
FedEx Corp. shares went up 2.97 percent Wednesday to close at $110.43, a 52-week high.
This is the second time in three months that Memphis-based FedEx (NYSE: FDX) reached such a record. In December 2005, the global shipper's stock reached $103.70.
Volume was heavy Wednesday with 2.65 million shares trading hands, surpassing the average daily trading volume of 1.5 million shares. The stock's price traded as high as $110.57 during the day. Tuesday's closing price was $107.24.
Associated Press reported that this 52-week high was a result of an analyst saying FedEx can outperform rival Atlanta-based United Parcel Service Inc. in the near future.
FedEx's recent quarterly results were strong, with net income surging by 33 percent.
Shares of UPS (NYSE: UPS) closed at $75.32 Wednesday, after they rose by less than one percent.
#3
Originally Posted by TipTip35
so when's the stock split coming??? i've been waiting a few years for this...
To be accurate...........When will our Corporate Execs and Officers cash in some of their stock options which were given @ $50/share!
Record profits........they are re-instituting profit sharing. They can't afford to give us a pay raise or keep our health care premiums from rising 400%
#4
Originally Posted by RedeyeAV8r
To be accurate...........When will our Corporate Execs and Officers cash in some of their stock options which were given @ $50/share!
Record profits........they are re-instituting profit sharing. They can't afford to give us a pay raise or keep our health care premiums from rising 400%
Record profits........they are re-instituting profit sharing. They can't afford to give us a pay raise or keep our health care premiums from rising 400%
400%...is that for real or are you being sarchastic?? thats outrageous
i would still like a split though
#6
Originally Posted by RedeyeAV8r
...they are re-instituting profit sharing.
Under the old system, if the profits were high, the share was high, and if the profits were lower, the sharing was lower. Now it's all or nothing. Employees used to count on the profit sharing for nice Christmases. With this program, they should be prepared to receive from FedEx the same thing they've received, in terms of profit sharing, the past seven years: NOTHING.
- The truth only hurts if it should -
#7
Originally Posted by RedeyeAV8r
To be accurate...........When will our Corporate Execs and Officers cash in some of their stock options which were given @ $50/share!
Record profits........they are re-instituting profit sharing. They can't afford to give us a pay raise or keep our health care premiums from rising 400%
Record profits........they are re-instituting profit sharing. They can't afford to give us a pay raise or keep our health care premiums from rising 400%
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