UPS' long-term strategy makes sense, but there's near-term risk around its earnings at a time of very limited dividend cover.
4d
FedEx: B2B Mix Shift, Structural Cost Cuts, Easing Macro, And EPS Growth Support Attractive Upside
FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs.
FedEx is reorganizing part of its delivery network, and the shift means 89 Fort Worth employees will be laid off in March.
FedEx announced it will permanently close its Manhattan ship center at 809 M Levee Drive on Feb. 28. The message to FedEx ...
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