FedEx Freight | FedEx stock up over 5 points today

Mike Varnco

Capitalist
Credits
0
Barrons's says FedEx a potential buyout candidate with $34 billion market cap and $1 billion debt. Whoops....make that a $35.72 billion market cap after today! :holysheep:
 
It is because of a Possible buyout.

NEW YORK (Reuters) - Package delivery company FedEx Corp. (FDX.N: Quote, Profile, Research) could become a target for private equity buyers because of its modest valuation and turnaround potential, Barron's reported in its July 9 issue.

I hope that it doe not happen... that would be worse than the teamsters.
 
Oh well I can see you are WELL informed so I'll leave this thread for another place in time.

I like Fedex the way it is right now... If Fedex goes private that will potentially lessen my profit in the 401K plan. Don't me wrong I only have 10% of my 401K in Fedex stock, but currently I am bullish on Fedex stock.

If the teamsters take over I will quit and find another job. I refuse to give Hoffa a dime of my money.
 
If you want to talk about Teamsters then this thread can be moved to the proper forum. The union/non union debate forum. You might want to read the rules that we all agree to when we join trucking boards here.
 
I like Fedex the way it is right now... If Fedex goes private that will potentially lessen my profit in the 401K plan. Don't me wrong I only have 10% of my 401K in Fedex stock, but currently I am bullish on Fedex stock.

If the teamsters take over I will quit and find another job. I refuse to give Hoffa a dime of my money.

Jawiljr. I work for fedex freight I do not see a 401k option for picking fedex stock. I think you are just tring to start something here.:hide:
 
Jawiljr. I work for fedex freight I do not see a 401k option for picking fedex stock. I think you are just tring to start something here.:hide:

I just logged into my 401k at Vanguard... yep it is till there. It is called the FDX Stock Fund... which is Fedex stock.

Below is a link to all of the Funds that are available for Fedex workers:

Fedex 401K

I checked and that list is current and correct.
 
My brother-in-law worked for Xerox most of his working life.
They were one of the first companies to go with the 401-k retirement plan.
He had some of his stocks in Xerox.
When he retired the stock,had tanked,and he said he lost right around $300,000.
He still got a good bit of money,but he took a big loss with his own companys stock.

This is just an example of relying on your companys stock,as a part of your retirement.

I'm posting it in responce to this thread.
I do believe 401-k's are a good idea,but you've got to be careful of what you invest in.
Your own companys stock isn't always a sure bet.
 
My brother-in-law worked for Xerox most of his working life.
They were one of the first companies to go with the 401-k retirement plan.
He had some of his stocks in Xerox.
When he retired the stock,had tanked,and he said he lost right around $300,000.
He still got a good bit of money,but he took a big loss with his own companys stock.

This is just an example of relying on your companys stock,as a part of your retirement.

I'm posting it in responce to this thread.
I do believe 401-k's are a good idea,but you've got to be careful of what you invest in.
Your own companys stock isn't always a sure bet.

Very good post Apostolic.:1036316054:

Diversity is the key to successful retirement planning.
 
I just logged into my 401k at Vanguard... yep it is till there. It is called the FDX Stock Fund... which is Fedex stock.

Below is a link to all of the Funds that are available for Fedex workers:

Fedex 401K

I checked and that list is current and correct.

That was for fedex express. Freight does not have that as one of our picks. We buy the stock through payroll deduction directly from the broker.
 
Top
AdBlock Detected