FedEx Corp
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Industrials : Air Freight & Logistics | Large Cap BlendCompany profile

FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. The Company's segments include FedEx Express, TNT Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx Express segment offers a range of the United States domestic and international shipping services for delivery of packages and freight. TNT Express segment collects, transports and delivers documents, parcels and freight on a day-definite or time-definite basis. The FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides its other companies with sales, marketing, information technology, communications, customer service and other back-office support.

Closing Price
$173.99
Day's Change
-5.00 (-2.79%)
Bid
--
Ask
--
B/A Size
--
Day's High
178.13
Day's Low
173.84
Volume
(Below Average)
Volume:
2,439,459

10-day average volume:
2,869,175
2,439,459

Activision names former CFO Dennis Durkin as new CFO

8:14 am ET January 2, 2019 (MarketWatch)
Print

Activision Blizzard Inc. (ATVI) said Wednesday Dennis Durkin is returning as chief financial officer, effective immediately. The news follows the interactive gaming company's disclosure Monday (http://www.marketwatch.com/story/activision-blizzard-wants-to-fire-cfo-2018-12-31) that it notified CFO Spencer Neumann that it intended to terminate him for cause, with a separate report saying he would be hired by Netflix Inc. (NFLX). Durkin had been CFO of Activision from March 2012 to May 2017, and had most recently been serving as the company's chief corporate officer. "Dennis is a leader with unimpeachable integrity and exemplary character who displays impeccable judgment," said Chief Executive Bobby Kotick. "We missed having him in a more day-to-day operational and financial role and are glad to have him back as CFO." The stock dropped 2.5% in premarket trade, amid a broad-market selloff (http://www.marketwatch.com/story/dow-futures-sink-more-than-300-points-to-kick-of-2019-as-asian-markets-tumble-2019-01-02). It has plunged 44.2% over the past three months through Monday, while the S&P 500 has lost 14.3%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 02, 2019 08:14 ET (13:14 GMT)

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