|Bid||271.50 x 800|
|Ask||272.40 x 900|
|Day's Range||267.38 - 273.76|
|52 Week Range||162.61 - 273.76|
|Beta (5Y Monthly)||1.33|
|PE Ratio (TTM)||16.61|
|Earnings Date||Dec 19, 2023|
|Forward Dividend & Yield||5.04 (1.85%)|
|Ex-Dividend Date||Dec 08, 2023|
|1y Target Est||296.04|
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
A company that FedEx once contracted to deliver packages on the California-Oregon border has sued the shipper, alleging it engages in a systemic pattern of illegal and wrongful business practices that violate U.S. anti-racketeering law. The lawsuit filed Nov. 14 in a California federal court by PYNQ Logistics Services, which has not been previously reported, seeks a court determination that PYNQ's relationship with FedEx Ground is that of an employee rather than a contractor. If successful, the case could threaten the promised cost-savings from a restructuring through which FedEx has been shifting significant package volume from its employee-staffed Express unit to its Ground unit that relies on about 6,000 contractors to handle delivery and transportation services.
The following are the top stories in the Wall Street Journal. - Apple and its suppliers, led by Taiwan-based Foxconn, aim to build more than 50 million iPhones in India annually within the next two to three years, with additional tens of millions of units planned after that. - Clothing retailer Levi Strauss named Michelle Gass as its next president and chief executive and will succeed Chip Bergh, who is slated to retire on April 26.