The Miami Entrepreneur

: FedEx stock headed for biggest one-day gain in 29 years after raising dividend more than 50% in agreement with activist investor

Read Time:12 Second

FedEx Corp. stock soared 13% Tuesday to put it on track for the biggest one-day gain in about 29 years, after the company raised its quarterly dividend by 53% as part of a new agreement with activist investor D.E. Shaw.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post The Conversation: Fertilizer prices are soaring – and that’s an opportunity to promote more sustainable ways of growing crops
Next post : Housing market is cooling as an estimated 25% of home listings cut their asking prices: ‘We’re shifting from a real buying frenzy to much more normal conditions’