• About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
Saturday, September 30, 2023
No Result
View All Result
Seaside Success Stories
  • Top News
    Reaching Across the Aisle for the Bill of Rights: Learning from a Political Odd Couple

    Reaching Across the Aisle for the Bill of Rights: Learning from a Political Odd Couple

    Is America Today Less Able Than In the Past to Economically “Absorb” Immigrants?

    Is America Today Less Able Than In the Past to Economically “Absorb” Immigrants?

    How Crazy Do You Have to Be to Support Dollarization?

    How Crazy Do You Have to Be to Support Dollarization?

    Wishful (Protectionist) Thinking 

    Wishful (Protectionist) Thinking 

    Weighing Whether the Standard Scale Makes Sense

    Weighing Whether the Standard Scale Makes Sense

    Eyes, Shoulders, Knees, and Toes: Rebutting Robert Gordon’s ‘The Rise and Fall of American Growth’

    Eyes, Shoulders, Knees, and Toes: Rebutting Robert Gordon’s ‘The Rise and Fall of American Growth’

    What Should the Federal Reserve Do Now?

    What Should the Federal Reserve Do Now?

    Another Rate Hike? Let’s Not

    Another Rate Hike? Let’s Not

    The Multiyear Decline in US Economic Freedom

    The Multiyear Decline in US Economic Freedom

  • Economy
  • Editor’s Pick
    Cellular IoT module market Q2 2023: 66% of IoT modules shipped without dedicated hardware security

    Cellular IoT module market Q2 2023: 66% of IoT modules shipped without dedicated hardware security

    EchoStar and The Things Industries Collaborate for Hybrid Satellite and Terrestrial IoT Device Connectivity

    EchoStar and The Things Industries Collaborate for Hybrid Satellite and Terrestrial IoT Device Connectivity

    Telit Cinterion Leverages Snapdragon X72 5G Modem-RF System for Next Generation of 5G Data Cards and Modules

    Telit Cinterion Leverages Snapdragon X72 5G Modem-RF System for Next Generation of 5G Data Cards and Modules

    emnify and Skylo to Unveil the First Converged Cellular and Satellite Connectivity at Mobile World Congress

    emnify and Skylo to Unveil the First Converged Cellular and Satellite Connectivity at Mobile World Congress

    UnaBiz Equips TotalEnergies Service Station Stores with 3,000 Temperature Sensors to Enhance Food Safety

    UnaBiz Equips TotalEnergies Service Station Stores with 3,000 Temperature Sensors to Enhance Food Safety

    Leading IoT Industry Players Bring Implementation of Relay Utilizing LoRaWAN® to Market

    Leading IoT Industry Players Bring Implementation of Relay Utilizing LoRaWAN® to Market

    Digital Matter Enables Lowest-Cost IoT Asset Tracking at Scale  with New Battery-Powered Tracking Device Range

    Digital Matter Enables Lowest-Cost IoT Asset Tracking at Scale with New Battery-Powered Tracking Device Range

    AT&T Certifies SignalFire RANGER Transmitter as “FIRSTNet Capable” to Serve in National Wireless Communication Network for Public Safety

    AT&T Certifies SignalFire RANGER Transmitter as “FIRSTNet Capable” to Serve in National Wireless Communication Network for Public Safety

    MTN awards multi-year IoT connectivity platform contract to Eseye

    MTN awards multi-year IoT connectivity platform contract to Eseye

  • Investing
    Cellular IoT module market Q2 2023: 66% of IoT modules shipped without dedicated hardware security

    Cellular IoT module market Q2 2023: 66% of IoT modules shipped without dedicated hardware security

    EchoStar and The Things Industries Collaborate for Hybrid Satellite and Terrestrial IoT Device Connectivity

    EchoStar and The Things Industries Collaborate for Hybrid Satellite and Terrestrial IoT Device Connectivity

    Telit Cinterion Leverages Snapdragon X72 5G Modem-RF System for Next Generation of 5G Data Cards and Modules

    Telit Cinterion Leverages Snapdragon X72 5G Modem-RF System for Next Generation of 5G Data Cards and Modules

    emnify and Skylo to Unveil the First Converged Cellular and Satellite Connectivity at Mobile World Congress

    emnify and Skylo to Unveil the First Converged Cellular and Satellite Connectivity at Mobile World Congress

    UnaBiz Equips TotalEnergies Service Station Stores with 3,000 Temperature Sensors to Enhance Food Safety

    UnaBiz Equips TotalEnergies Service Station Stores with 3,000 Temperature Sensors to Enhance Food Safety

    Leading IoT Industry Players Bring Implementation of Relay Utilizing LoRaWAN® to Market

    Leading IoT Industry Players Bring Implementation of Relay Utilizing LoRaWAN® to Market

    Digital Matter Enables Lowest-Cost IoT Asset Tracking at Scale  with New Battery-Powered Tracking Device Range

    Digital Matter Enables Lowest-Cost IoT Asset Tracking at Scale with New Battery-Powered Tracking Device Range

    AT&T Certifies SignalFire RANGER Transmitter as “FIRSTNet Capable” to Serve in National Wireless Communication Network for Public Safety

    AT&T Certifies SignalFire RANGER Transmitter as “FIRSTNet Capable” to Serve in National Wireless Communication Network for Public Safety

    MTN awards multi-year IoT connectivity platform contract to Eseye

    MTN awards multi-year IoT connectivity platform contract to Eseye

  • Politics
  • Stock
  • Top News
    Reaching Across the Aisle for the Bill of Rights: Learning from a Political Odd Couple

    Reaching Across the Aisle for the Bill of Rights: Learning from a Political Odd Couple

    Is America Today Less Able Than In the Past to Economically “Absorb” Immigrants?

    Is America Today Less Able Than In the Past to Economically “Absorb” Immigrants?

    How Crazy Do You Have to Be to Support Dollarization?

    How Crazy Do You Have to Be to Support Dollarization?

    Wishful (Protectionist) Thinking 

    Wishful (Protectionist) Thinking 

    Weighing Whether the Standard Scale Makes Sense

    Weighing Whether the Standard Scale Makes Sense

    Eyes, Shoulders, Knees, and Toes: Rebutting Robert Gordon’s ‘The Rise and Fall of American Growth’

    Eyes, Shoulders, Knees, and Toes: Rebutting Robert Gordon’s ‘The Rise and Fall of American Growth’

    What Should the Federal Reserve Do Now?

    What Should the Federal Reserve Do Now?

    Another Rate Hike? Let’s Not

    Another Rate Hike? Let’s Not

    The Multiyear Decline in US Economic Freedom

    The Multiyear Decline in US Economic Freedom

  • Economy
  • Editor’s Pick
    Cellular IoT module market Q2 2023: 66% of IoT modules shipped without dedicated hardware security

    Cellular IoT module market Q2 2023: 66% of IoT modules shipped without dedicated hardware security

    EchoStar and The Things Industries Collaborate for Hybrid Satellite and Terrestrial IoT Device Connectivity

    EchoStar and The Things Industries Collaborate for Hybrid Satellite and Terrestrial IoT Device Connectivity

    Telit Cinterion Leverages Snapdragon X72 5G Modem-RF System for Next Generation of 5G Data Cards and Modules

    Telit Cinterion Leverages Snapdragon X72 5G Modem-RF System for Next Generation of 5G Data Cards and Modules

    emnify and Skylo to Unveil the First Converged Cellular and Satellite Connectivity at Mobile World Congress

    emnify and Skylo to Unveil the First Converged Cellular and Satellite Connectivity at Mobile World Congress

    UnaBiz Equips TotalEnergies Service Station Stores with 3,000 Temperature Sensors to Enhance Food Safety

    UnaBiz Equips TotalEnergies Service Station Stores with 3,000 Temperature Sensors to Enhance Food Safety

    Leading IoT Industry Players Bring Implementation of Relay Utilizing LoRaWAN® to Market

    Leading IoT Industry Players Bring Implementation of Relay Utilizing LoRaWAN® to Market

    Digital Matter Enables Lowest-Cost IoT Asset Tracking at Scale  with New Battery-Powered Tracking Device Range

    Digital Matter Enables Lowest-Cost IoT Asset Tracking at Scale with New Battery-Powered Tracking Device Range

    AT&T Certifies SignalFire RANGER Transmitter as “FIRSTNet Capable” to Serve in National Wireless Communication Network for Public Safety

    AT&T Certifies SignalFire RANGER Transmitter as “FIRSTNet Capable” to Serve in National Wireless Communication Network for Public Safety

    MTN awards multi-year IoT connectivity platform contract to Eseye

    MTN awards multi-year IoT connectivity platform contract to Eseye

  • Investing
    Cellular IoT module market Q2 2023: 66% of IoT modules shipped without dedicated hardware security

    Cellular IoT module market Q2 2023: 66% of IoT modules shipped without dedicated hardware security

    EchoStar and The Things Industries Collaborate for Hybrid Satellite and Terrestrial IoT Device Connectivity

    EchoStar and The Things Industries Collaborate for Hybrid Satellite and Terrestrial IoT Device Connectivity

    Telit Cinterion Leverages Snapdragon X72 5G Modem-RF System for Next Generation of 5G Data Cards and Modules

    Telit Cinterion Leverages Snapdragon X72 5G Modem-RF System for Next Generation of 5G Data Cards and Modules

    emnify and Skylo to Unveil the First Converged Cellular and Satellite Connectivity at Mobile World Congress

    emnify and Skylo to Unveil the First Converged Cellular and Satellite Connectivity at Mobile World Congress

    UnaBiz Equips TotalEnergies Service Station Stores with 3,000 Temperature Sensors to Enhance Food Safety

    UnaBiz Equips TotalEnergies Service Station Stores with 3,000 Temperature Sensors to Enhance Food Safety

    Leading IoT Industry Players Bring Implementation of Relay Utilizing LoRaWAN® to Market

    Leading IoT Industry Players Bring Implementation of Relay Utilizing LoRaWAN® to Market

    Digital Matter Enables Lowest-Cost IoT Asset Tracking at Scale  with New Battery-Powered Tracking Device Range

    Digital Matter Enables Lowest-Cost IoT Asset Tracking at Scale with New Battery-Powered Tracking Device Range

    AT&T Certifies SignalFire RANGER Transmitter as “FIRSTNet Capable” to Serve in National Wireless Communication Network for Public Safety

    AT&T Certifies SignalFire RANGER Transmitter as “FIRSTNet Capable” to Serve in National Wireless Communication Network for Public Safety

    MTN awards multi-year IoT connectivity platform contract to Eseye

    MTN awards multi-year IoT connectivity platform contract to Eseye

  • Politics
  • Stock
No Result
View All Result
Seaside Success Stories
No Result
View All Result
Home Investing

Should you buy stock after FedEx announcement today?

by
April 5, 2023
in Investing
0
Should you buy stock after FedEx announcement today?
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter
FedEx Corp raised its dividend by 10% on Wednesday.

It also announced a few changes to its structure today.

FedEx stock is up nearly 30% for the year at writing.

Follow Invezz on Telegram, Twitter, and Google News for instant updates >

Shares of FedEx Corp (NYSE: FDX) are trading up this morning after the logistics company raised dividend and announced a few changes to its structure.

FedEx raises dividend by 10%

On Wednesday, the multinational increased its annual payout by 10% to $5.04, as per the press release. That spoke volumes about the company’s confidence in its future.

FedEx also reiterated its commitment to driving efficiencies at its investor event today. To that end, it’s integrating FedEx Express, FedEx Ground, and FedEx Services – the three businesses that it said will now operate as a single unit.

LTL or less-than-truckload, though, will continue to be separate business. Last month, the Memphis-headquartered firm raised its profit guidance for the full year as Invezz reported HERE.

FedEx stock is up nearly 30% for the year at writing.

FedEx stock has upside to $305

In March, Bank of America analyst Ken Hoexter recommended again that investors buy FedEx stock and raised his price target to $305. That implies about a 25% upside from here.

The logistics giant is committed to $4.0 billion in savings by its fiscal year 2025. Earlier this year, the company announced plans of laying off more than 10% of its officers and directors. According to Hoexter:

This is a major structural effort in its DRIVE 2025 $4.0 billion cost reduction plan.

Following FedEx announcement today, the stock pays a dividend yield of just over 2.0% that makes up for another great reason to own it.  

Ad

Copy expert traders easily with eToro. Invest in stocks like Tesla & Apple. Instantly trade ETFs like FTSE 100 & S&P 500. Sign-up in minutes.

10/10

79% of retail CFD accounts lose money

Get demo account

Industries


North America


Services


Stocks & Shares


Transport & tourism


USA


World

Next Post
TD Bank is now the world’s most-shorted lender: here’s why

TD Bank is now the world’s most-shorted lender: here’s why

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

    Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.



    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    • Blues Expands Global IoT Connectivity Solutions in EMEA

      Blues Expands Global IoT Connectivity Solutions in EMEA

      0 shares
      Share 0 Tweet 0
    • The Role Of Big Data In IoT in 2023

      0 shares
      Share 0 Tweet 0
    • Buy Sunrun shares for a 35% return over the next 12 months: KeyBanc

      0 shares
      Share 0 Tweet 0
    • Behavioural change startup tackles shipping’s CO2 emissions with IoT ship data

      0 shares
      Share 0 Tweet 0
    • A CBDC Would Not Be Money in the Sense Used in the Constitution

      0 shares
      Share 0 Tweet 0

    Most Popular

    Reaching Across the Aisle for the Bill of Rights: Learning from a Political Odd Couple
    Top News

    Reaching Across the Aisle for the Bill of Rights: Learning from a Political Odd Couple

    September 29, 2023
    Is America Today Less Able Than In the Past to Economically “Absorb” Immigrants?
    Top News

    Is America Today Less Able Than In the Past to Economically “Absorb” Immigrants?

    September 29, 2023
    How Crazy Do You Have to Be to Support Dollarization?
    Top News

    How Crazy Do You Have to Be to Support Dollarization?

    September 28, 2023

    Disclaimer: SeasideSuccessStories.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • About Us
    • Privacy Policy
    • Terms & Conditions
    • Contact Us
    • Email Whitelisting

    Copyright © 2023 SeasideSuccessStories. All Rights Reserved.

    No Result
    View All Result
    • About Us
    • Contact Us
    • Email Whitelisting
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank You

    Copyright © 2022 SeasideSuccessStories.com | All Rights Reserved