May 14 (Reuters) - FedEx Corp lost a motion to dismiss charges by the U.S. Justice Department of conspiracy to distribute controlled substances in connection with the package delivery company's alleged role in transporting illegal prescription drugs.
* FedEx and TNT Express confirm that the companies are making timely progress on the preparations for the offer
We are maintaining our fair value estimate of EUR 8 per share, which reflects FedEx ’s previously announced bid for all outstanding shares. Recall that FedEx expects the transaction to close during the first half of 2016, pending shareholder
indicated at its investor meeting last fall ($2 billion over five years), with all the more conviction so to contend with FedEx following its recently accepted bid for TNT Express. UPS typically returns significant cash to shareholders in dividends and
AMSTERDAM, April 28 (Reuters) - Dutch logistics group TNT Express on Tuesday reported a first-quarter operating loss and lower comparable revenues and said the coming year would be difficult as it...
about other possible acquisition targets includes BP , TLW .uk, OPHR .uk, DGO .uk, GENL .uk, SIA .uk. Elsewhere, FDX is buying TNTE .ne/ TNTEY . Pg M7, Asia: The HK rally will continue on buying from Chinese retail investors, mutual
that we are more bullish on this week was [TICKER: FDX ] FedEx and TNT. What's the story with that deal, and why ..... comparatively smaller deal at only $4.8 billion. [TICKER: FDX ] FedEx is going to buy TNT Express, which will give them access
FedEx and TNT Express secured a deal whereby FedEx intends to purchase TNT Express for EUR 8 per share. TNT ..... raising our fair value estimate to EUR 8 per share to reflect FedEx ’s bid for all outstanding shares—our previous EUR 5.50
FedEx FDX announced it will purchase TNT Express TNTE ..... objection, and in three to four years enhance FedEx ’ economic moat by strengthening its global ..... from operations outside the U.S., and FedEx has little presence in intra-EU deliveries
FedEx announced it will purchase TNT Express for ..... objection, and in three to four years enhance FedEx ’ economic moat by strengthening its global ..... from operations outside the U.S., and FedEx has little presence in intra-EU deliveries