$FDX (FedEx Corporation)

$FDX {{ '2016-09-20T21:35:05+0000' | timeago}} • Webcast

$FDX expects to add more than 50,000 seasonal positions to help the holidays arrive. Based upon growth expectations and network expansion, many of these seasonal team members will have an opportunity for full-time work with the company after the holidays.

$FDX {{ '2017-09-20T15:59:00+0000' | timeago}} • Webcast

$FDX believes there is significant potential for growth for FedEx Fulfillment services. FedEx Fulfillment is best suited for companies who manage about 50 to 2,000 orders per day. It gives companies an opportunity to focus on their core business while $FDX manages warehouse and fulfillment inventory, transportation and logistics.

$FDX {{ '2017-09-20T15:46:10+0000' | timeago}} • Webcast

For $FDX’s US Domestic Express business, yield per package excluding fuel surcharge increased 4% in 1Q18, due to a continued focus on revenue quality. FedEx International Export Package revenue rose 4% YoY despite being negatively impacted by the TNT cyberattack. At FedEx Freight, revenue per LTL shipment grew 5%, driven by revenue quality efforts.

$FDX {{ '2017-09-20T15:29:26+0000' | timeago}} • Webcast

In 1Q18, $FDX’s TNT Express operations were affected by the NotPetya cyberattack. Although most services resumed and substantially all critical operational systems have been restored, TNT Express volume, revenue and profit are below previous levels. For FY18, $FDX expects lower revenues and higher investments to strengthen its IT infrastructure.

$FDX {{ '2017-09-20T15:25:27+0000' | timeago}} • Webcast

During 1Q18, $FDX moved to one reporting segment for its FedEx Express and TNT Express businesses, the FedEx Express segment. The company estimates the cyberattack reduced FedEx Express’ 1Q18 operating income by approx. $300MM or $0.79 per diluted share.

$FDX {{ '2017-09-19T21:47:34+0000' | timeago}} • Infographic

$FDX FedEx Corporation Earnings AlphaGraphic: Q1 2018 Highlights

$FDX {{ '2017-09-19T20:58:39+0000' | timeago}} • Announcement

$FDX expects EPS before year-end MTM pension accounting adjustments and excluding expenses related to TNT Express integration and certain 1Q18 FedEx Trade Networks legal matters to be $12.00-12.80 for FY18.

$FDX {{ '2017-09-19T20:58:18+0000' | timeago}} • Announcement

$FDX is lowering its FY18 forecast due to the estimated full-year impacts of the TNT Express cyberattack. Before year-end MTM pension accounting adjustments, EPS is projected to be $11.05-11.85. The capital spending forecast for FY18 remains $5.9Bil.

$FDX {{ '2017-09-19T20:51:50+0000' | timeago}} • Announcement

During 1Q18, $FDX reported revenue of $15.3Bil compared to $14.7Bil in 1Q17. Financial results benefited from higher base rates at each of the transportation segments, which was more than offset by reduced revenue and increased expenses resulting from the TNT Express cyberattack and Hurricane Harvey, among others.

$FDX {{ '2017-09-19T20:42:18+0000' | timeago}} • Announcement

$FDX reported 1Q18 net income of $596MM or $2.19 per share compared to $715MM or $2.65 per share in 1Q17. Adjusted net income was $683MM or $2.51 per share in 1Q18. Both as-reported and adjusted earnings reflect the estimated negative impact of the TNT Express cyberattack of $0.79 per share and Hurricane Harvey of $0.02 per share.

$FDX {{ '2017-09-19T14:03:03+0000' | timeago}} • Announcement

$FDX said its FedEx Express, FedEx Ground and FedEx Freight subsidiaries will increase shipping rates by an average of 4.9%, effective January 1, 2018. Effective January 22, 2018, a Third Party Billing Surcharge will apply to FedEx Express and FedEx Ground shipments that are billed to a third party.

$UPS {{ '2017-07-28T20:24:51+0000' | timeago}} • Announcement

$UPS, which competes with $FDX, reported a 9% increase in 2Q17 profit, helped by strong ecommerce deliveries in US and price hikes. Net income was $1.4Bil or $1.58 per share. Revenue increased 7.6% to $15.75Bil as revenue increased in all segments and major product categories. United reaffirmed its 2017 adjusted EPS outlook of $5.80-6.10.

$FDX {{ '2017-07-17T13:54:15+0000' | timeago}} • Announcement

$FDX reaffirmed its commitment to improve the operating income at the FedEx Express Group by $1.2-1.5Bil in FY20 versus FY17, assuming moderate economic growth and current accounting and tax rules.

$FDX {{ '2017-07-17T13:53:52+0000' | timeago}} • Announcement

$FDX filed its Form 10-K for FY17 with the SEC containing additional information regarding the June 2017 Petya cyberattack on its TNT Express operations. $FDX has experienced revenue loss due to decreased volumes at TNT and incremental costs due to the implementation of contingency and remediation plans. $FDX has no insurance covering this attack.

$FDX {{ '2017-07-06T21:42:26+0000' | timeago}} • Announcement

$FDX said all TNT depots, hubs and facilities worldwide are operational and working to clear any backlogs, and most TNT services are now available. TNT is making significant progress in resuming full services and bringing critical systems back online. Contingency plans that make use of FedEx Express and TNT networks will remain in place.

$FDX {{ '2017-06-28T17:35:27+0000' | timeago}} • Announcement

$FDX said the worldwide operations of its TNT Express subsidiary have been significantly affected due to the infiltration of an information system virus. No data breach is known to have occurred. All other $FDX operations are unaffected. The financial impact of this service disruption cannot be measured at this time, but it could be material.

$FDX {{ '2017-06-20T21:53:17+0000' | timeago}} • Webcast

$FDX is investing heavily in many forms of artificial intelligence with multiple companies and the most important investment is in safety systems in the area of advanced driver assistance systems. $FDX believes in addition to safety, the technology investments being made will improve overall efficiency and customer experience.

$FDX {{ '2017-06-20T21:38:54+0000' | timeago}} • Webcast

$FDX stated that B2B traffic represents the majority of its business and the company reported strong revenue growth in all its major business segments, reflecting growth in the B2B area.

$FDX {{ '2017-06-20T21:32:01+0000' | timeago}} • Webcast

$FDX delivered key back-office initiatives in FY17, particularly in the IT environment. Two of these operations were put in during 4Q17. These include technology that provides the ability to handle FedEx Express packages in the TNT network and TNT packages in the FedEx network and management of customer enquiries on a common service platform.

$FDX {{ '2017-06-20T21:16:47+0000' | timeago}} • Infographic

$FDX FedEx Corp. Earnings AlphaGraphics: Q4 2017 highlights

$FDX {{ '2017-06-20T21:13:50+0000' | timeago}} • Webcast

$FDX expects moderate growth in the global economy. The company expects US GDP growth of 2.2% in calendar year 2017 and 2.5% in calendar year 2018. $FDX sees industrial production growth of 1.9% in 2017 and 2.5% in 2018. For the global economy, $FDX forecasts GDP growth of 2.7% in 2017 and 2.8% in 2018.

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