FedEx (FDX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Crude oil prices surged 8% to multiyear highs as U.S.-Israel-Iran conflict disrupted the Strait of Hormuz, a vital global energy chokepoint. Citigroup expects Brent to trade $80–$90 near-term if tensions ease quickly; a prolonged conflict could drive prices higher.
Last week, FedEx sued the federal government to recover the money it had paid in tariffs. Now, the company is facing a tariff-related lawsuit of its own, the Associated Press reported Friday (Feb. 27).
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FedEx said it will return any tariff refunds it receives to the shippers and customers who paid them after Trump's IEEPA tariffs were struck down as illegal.
FedEx (FDX) reached $387.68 at the closing of the latest trading day, reflecting a +1.33% change compared to its last close.
Federal Express on Monday sued the U.S. government, seeking a "full refund" of the money the shipping giant paid for tariffs unilaterally imposed last year by President Donald Trump, which the Supreme Court ruled last week were illegal.
FedEx on Monday sued the US government for the “full refund” of President Trump's tariffs after a Supreme Court ruling last week deemed a batch of his import taxes illegal.
HSY, TPR, FDX, HWM and LUV lead non-tech U.S. giants surging in early 2026 as investors rotate from AI plays.
FedEx has taken legal action over the tariffs recently struck down by the Supreme Court. The shipping giant's complaint, filed Monday (Feb.
FedEx (FDX) is suing the U.S. for a full refund of IEEPA tariffs after a Supreme Court ruling, with potential industry-wide implications. Hims & Hers Health (HIMS) disclosed an SEC investigation into its compounded semaglutide disclosures, creating uncertainty around financial impact and regulatory risk.
If FedEx is granted a tariff refund, it is unclear if it will pass the refund down to its customers, who were passed on the costs of the levy. On its website, the company notes that it has taken “necessary action to protect the company's rights as an importer of record to seek duty refunds from U.S. Customs and Border Protection.