AOL Money & Finance

fed ex posts

Feed

Closing Bell: It ain't just financial stocks (UPS, FDX, ATVI, GE, GOOG, MCD)

Today's news was entirely about financial stocks. There is no denying it. We ran a full summary bank by bank showing the needs or lack thereof that Uncle Sam was going to require. But because those have all been read about over and over, today's closing bell piece revolves around some of the other winners that are outside of financial stocks. You would have never thought that 8.9% unemployment could look so good. Here are the unofficial closing bell levels:

Dow 8,574.81 +164.96 (1.96%)
S&P 500 929.21 +21.82 (2.40%)
Nasdaq 1,739.00 +22.76 (1.33%)

Top Analyst Upgrades
Top Analyst Downgrades

Continue reading Closing Bell: It ain't just financial stocks (UPS, FDX, ATVI, GE, GOOG, MCD)

DHL wins The Great Package Race of 2007, not FedEx or UPS

In my Battle of the Brands: UPS vs. FedEx, many people commented on how one company handled remote locations better than the other. If you think Avoca, Minnesota is a "remote location" check out this study.

Each year, students at the Supply Chain & Logistics Institute at Georgia Tech in Atlanta, GA send packages to locations around the world through different parcel carriers and observe the results. This year, the students chose United Parcel Service (NYSE: UPS), FedEx Corp (NYSE: FDX) and Deutsche Post's DHL to deliver five packages to five of the most remote locations on globe:
  • Apia, the only city on Upulu, one of the islands of Samoa. Upulu lacks something important for parcel carriers - street addresses.
  • Florianopolis, an island off the Brazil near Uraguay, which is considered a "remote area" by carriers.

Continue reading DHL wins The Great Package Race of 2007, not FedEx or UPS

Problems at FedEx - and it's only Monday

This weekend's Wall Street Journal (subscription required) said some interesting things about retailers and FedEx Corp (NYSE: FDX).

Over 100 federal lawsuits seeking class-action status against merchants including Wendy's International (NYSE: WEN), TJX Cos (NYSE: TJX), Rite Aid Corp (NYSE: RAD) and Fed Ex Corp (FDX) have been filed for printing too much payment-card information on customer receipts this year alone.

TJX Co, the parent company of T.J. Maxx and Marshalls, reported in January that its computers were hacked and at least 47.5 million customers susceptible to fraud. For the following eight weeks, shares of TJX lost -15%; they have since recovered modestly.

As of December 4th, retailers will be prohibited from printing more than the last five digits of credit-card or debit-card numbers on receipts that are given to customers.

Breaking the law could result in fines as much as $1,000 per transaction.

A spokesman for Fed Ex Kinko's, the Fed Ex unit involved in the lawsuit, denied the charges by saying expiration dates were never identified as an item that could "compromise cardholder security."

Now, to some people this might make sense, but to me I have to scream foul against the claims made against FedEx. Does having one's credit-card expiration date on a receipt make you vulnerable to fraud and identity theft?

I'll stick my neck out on this one folks and say no.

My Discover card expires in May of 2010. Try to get something from that.

Newspaper wrap-up 3-20-07: Take-Two, Claire's, Palm all in play?

MAJOR PAPERS:
  • According to the Wall Street Journal, Take-Two Interactive Software's (NASDAQ: TTWO) announcement that it is considering a sale is being considered a "ploy" by the company to hold off a shareholder revolt, according to analysts.
  • The Wall Street Journal reported that Deutsche Bank AG (NYSE: DB) has agreed to buy Maher Terminals, the owner of the largest container operation at the Port of New York and New Jersey.
  • The Financial Times reported that FedEx Corporation (NYSE: FDX) will launch guaranteed next day deliveries within China beginning in May.
OTHER PAPERS:
  • The New York Post is reporting that Apollo Management is near a deal to acquire Claire's Stores Inc (NYSE: CLE) for $3B, according to sources familiar with the situation.
  • The New York Times reported that two Home Depot Inc (NYSE: HD) directors will not seek re-election at the company's annual meeting in May.
  • Investor's Business Daily's "New Issue America" column highlighted ETelecare Global Solutions (which will trade under the symbol ETEL on the NASDAQ), which is expected to price the week of March 26 with an offering price of $12.50-$14.50.
WEBSITES:
  • A Palm Inc (NASDAQ: PALM) buyout could be finalized by Thursday at $20 a share, with Nokia Corporation (NYSE: NOK) as the leading bidder, reported Unstrung.com.
  • CNet.com reported that Google Inc (NASDAQ: GOOG) will offer themes for its personalized homepages.

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 26, 2009: 01:30 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance