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The Latest Breaking News from Ravi Shanker

FedEx Stock Retreats After 'Market Cheers' Freight Spin Off

FedEx stock has outperformed UPS in 2024.

Investors Business Daily

FedEx Leads S&P 500 After Surprise Earnings Growth Shocks Wall Street

Analysts expected a FedEx earnings miss even as the global shipping outlook appears more positive.

Investors Business Daily

Delta 2023 Earnings Grew 95% But The Air Carrier Isn't Expecting Much EPS Growth In 2024

DAL stock gained 22% in 2023. Morgan Stanley has Delta as its top airline pick in 2024.

Investors Business Daily

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Alaska Airlines Incident Puts Airline Stocks Under The Microscope

DAL stock is a top pick for 2024 and American Airlines stock received an upgrade Monday following ALK's in-flight incident.

Investors Business Daily

UPS Stock Skids As Labor Deal Details Trim Shipping Giant's Outlook

UPS reported mixed second-quarter financials and that the recent labor deal could reduce 2023 revenue.

Investors Business Daily

Shipping Bellwether Rockets As Profit Slows; UPS Q2 On Deck

Logistics leader XPO profit falls less than expected, but fuel surcharges dwindle. Is that a signal for Tuesday's UPS stock earnings?

Investors Business Daily

Read How Analysts Reacted To Potential GXO - Clipper Logistics Deal

Citi analyst Christian Wetherbee is "constructive" on GXO Logistics Inc's (NYSE:GXO) purchase of Clipper Logistics in a deal valued at $1.3 billion, split between cash and stock. Wetherbee maintained a Buy rating on the shares with a price target of $110. The analyst likes the "high-growth nature" of Clipper's business, saying it is underpinned by…

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