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Ecommerce

Bull of the Day: FedEx (FDX) – September 21, 2020 [Video]

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FedEx (FDX Free Report) posted blowout quarterly results on September 15 that highlighted its ability to thrive during the coronavirus. FDX shares have now soared roughly 80% in the past three months and its outlook appears strong, as it expands its e-commerce reach.

Expansion Plans…  

FedEx shares had been falling over the last several years, as its longer-term earnings outlook fell. FDX then surprised some on Wall Street when it essentially cut ties with Amazon (AMZN Free Report) las summer. Company executives apparently didn’t want to be in business with an e-commerce titan that has its own shipping and logistics aspirations.

FedEx said at the time that Amazon represented only a small proportion of its sales. Since then, the company has focused on working with all of the other major players in traditional retail like Walmart (WMT Free Report) and Target (TGT Free …

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Ecommerce

'Judge Judy' Sheindlin's New Series Finds Home at Amazon Studios and IMDb TV [Video]

Judge Judy star Judith Sheindlin is coming back to television, but it might be a little difficult to find her. She signed a deal Thursday to bring her next series to Amazon Studios, and it will air on the Amazon-owned IMDb TV platform. The news comes about eight months after Sheindlin surprisingly [...]