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Fedex Corporation (FDX) [hlAlert]

Rating:
Hold FDX

Fedex Corporation (FDX) rated Hold by BB&T Capital Mkts

Posted on: Thursday,  Jun 19, 2008  10:25 AM ET by BB&T Capital Mkts

FedEx (fdx) rated
Hold by BB&T Capital Mkts.

FedEx Corporation (FedEx) is a holding company. The Company provides a portfolio of transportation, e-commerce and business services through companies that compete collectively, operate independently and manage collaboratively, under the respected FedEx brand. These companies are included in four business segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. Federal Express Corporation (FedEx Express) is the express transportation company, offering time-certain delivery within one to three business days. FedEx Ground provides day-certain service to every business address in the United States and Canada, as well as residential delivery through FedEx Home Delivery. Effective June 1, 2009, Caribbean Transportation Services, Inc. (CTS), a provider of airfreight forwarding services between the United States and Puerto Rico, the Dominican Republic, Costa Rica and the Caribbean Islands, was merged with and into FedEx Express.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/19/2008 10:25 AM Hold
None
81.32
as of 12/24/2008
1 Week up  5.27 %
1 Month up  28.66 %
3 Months up  3.58 %
1 YTD down  -31.06 %

(*) Stock Price at the time of the recommendation.
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