Thursday, 21 June 2012

6.FedEx

FedEx

FedEx
 MOST ADMIRED
Top 50 rank: 6
Rank in Delivery: 2
(Previous rank: 2)
Overall score: 7.31
Ticker: FDX
Why it's admired:
While the global carrier faced some recession-related setbacks, it fared better this year. FedEx serves as a bellwether for the economy in general, and it seems as if people are shipping again.

In December 2011, FedEx reaffirmed its positive guidance for 2012. And in the first quarter of 2012, FedEx boosted its net income to $497 million, up 76% from the same period the previous year. The company's stock is also up 9% year-to-date. What's more, FedEx continues to combat one of the main challenges to its business, the cost of fuel, by adding more efficient aircraft to its fleet. The company plans to purchase 27 new 767-300F aircraft by 2018.

No comments:

Post a Comment