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FDXF 資訊
FDXF 事件
Dow Jones Falls 44.51 Points Amid Weakness in Tech Stocks
The major averages closed fractionally lower amid another wave of weakness hitting large-cap technology and semiconductor stocks. Of note, President Donald Trump in a social media post threatened a 100% tariff on European countries imposing a digital services tax on American companies.Outside of technology, falling oil prices are acting as a stabilizing force. Crude has moved toward multi-month lows as supply concerns continue easing, helping reduce some inflation pressure and potentially improving the broader economic outlook.Meanwhile, President Trump said on Truth Social that Iran shot "at least four" drones at ships crossing the Strait of Hormuz, with the president saying the U.S. "knocked down" three drones, while one of the drones "solidly" hit the upper deck of a large cargo ship. The drone attacks were "a foolish violation" of the countries' ceasefire agreement, he added.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:On SemiSynapticsin a $7B all-stock transactionFedEx FreightreportedOpenAI is leaning toward waiting until next year for its IPO,Troy Rohrbaugh has become the leading contender to succeed Jamie Dimon as CEO of JPMorgan,Qualcommexecutive vice president Durga Malladithat the company plans to use the new chip technology it created for data centers in smartphones2. WALL STREET CALLS:KeyBancNikeon longer than expected turnaroundCrocsto Overweight at Piper SandlerRobinhoodwith a Buy at BTIGAMHto Outperform at BMO CapitalVisteonto Neutral at Baird3. AROUND THE WEB:Boeinghas secured a $3.62B order from China Southern Airlines for freighter aircraft, including two 777F and five 777-8F models, along with options for three additional 777-8Fs, Bloomberg reportsUnileveris exploring a bid for Thorne, the supplements maker valued at up to $4B, and is among several bidders circling the brand, which has been put up for sale by its private equity owner L Catterton, FT reportsMetais working to replace human moderation with generative AI, FT saysGoogleis asking publishers that test new AI features in Google News to grant it broad rights to their content, including to potentially train AI models, The Information reportsVolkswagenCEO Oliver Blume is targeting a major restructuring that could include cutting up to 100,000 jobs, closing four German plants, and reducing planned five-year investment by about 15% to just over EUR130B, Reuters reports4. MOVERS:FuelCellincreased after Jefferiesthe stock to BuyAcadia Pharmaceuticalsgained after announcing Daybu wasin the EU by CHMPInfleqtionwas higher after Wedbushcoverage of the stock with an Outperform ratingBraksemwas lower in New York after filing for anCapricorfell afterfrom its HOPE-2 open-label extension study and announcing the FDA is planning to convene an advisory committee meeting to discuss the company's BLA for Deramiocel5. EARNINGS/GUIDANCE:Beyond Airand narrowed its guidance for FY26American Outdoor Brands, with CEO Brian Murphy commenting, "we are encouraged by the strength of our brands and the favorable consumer demand reflected in our POS results"Wisereportedand provided guidance for FY27Cineverse, with EPS and revenue higher year-over-yearApogee Enterprises, with CEO Donald Nolan commenting, "Our results for the quarter reflect solid execution as our team effectively navigated a dynamic operating environment"INDEXES:The Dow fell 44.51, or 0.086%, to 51,876.11, the Nasdaq lost 60.99, or 0.24%, to 25,297.62, and the S&P 500 declined 3.47, or 0.047%, to 7,354.02.
Major Averages Edge Higher as Tech Stocks Weaken
The major averages were fractionally higher near noon despite another wave of weakness hitting large-cap technology and semiconductor stocks. Outside of technology, falling oil prices are acting as a stabilizing force. Crude has moved toward multi-month lows as supply concerns continue easing, helping reduce some inflation pressure and potentially improving the broader economic outlook.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:On SemiSynapticsin a $7B all-stock transactionFedEx FreightreportedOpenAI is leaning toward waiting until next year for its IPO,Troy Rohrbaugh has become the leading contender to succeed Jamie Dimon as CEO of JPMorgan,Rocket Labwas selected by NASA tofor two separate NASA missions - PolSIR and TSIS-2 - from early next year2. WALL STREET CALLS:KeyBancNikeon longer than expected turnaroundCrocsto Overweight at Piper SandlerRobinhoodwith a Buy at BTIGAMHto Outperform at BMO CapitalVisteonto Neutral at Baird3. AROUND THE WEB:Boeinghas secured a $3.62B order from China Southern Airlines for freighter aircraft, including two 777F and five 777-8F models, along with options for three additional 777-8Fs, Bloomberg reportsUnileveris exploring a bid for Thorne, the supplements maker valued at up to $4B, and is among several bidders circling the brand, which has been put up for sale by its private equity owner L Catterton, FT reportsMetais working to replace human moderation with generative AI, FT saysGoogleis asking publishers that test new AI features in Google News to grant it broad rights to their content, including to potentially train AI models, The Information reportsVolkswagenCEO Oliver Blume is targeting a major restructuring that could include cutting up to 100,000 jobs, closing four German plants, and reducing planned five-year investment by about 15% to just over EUR 130B, Reuters reports4. MOVERS:FuelCellincreases after Jefferiesthe stock to BuyAcadia Pharmaceuticalsgains after announcing Daybu wasin the EU by CHMPInfleqtionhigher after Wedbushof the stock with an Outperform ratingBraksemlower in New York after filing for anfrom creditorsCapricor (CAPR) falls after presentingfrom its HOPE-2 open-label extension study and announcing the FDA is planning to convene an advisory committee meeting to discuss the company's BLA for Deramiocel5. EARNINGS/GUIDANCE:Beyond Airand narrowed its guidance for FY26American Outdoor Brands, with CEO Brian Murphy commenting, "we are encouraged by the strength of our brands and the favorable consumer demand reflected in our POS results"Wiseand provided guidance for FY27Cineverse, with EPS and revenue higher year-over-yearApogee Enterprises (APOG), with CEO Donald Nolan commenting, ""Our results for the quarter reflect solid execution as our team effectively navigated a dynamic operating environment"INDEXES:Near midday, the Dow was up 0.23%, or 118.98, to 52,039.60, the Nasdaq was up 0.22%, or 56.16, to 25,414.76, and the S&P 500 was up 0.24%, or 17.60, to 7,375.09.
BofA Raises FedEx Freight Price Target to $187
BofA raised the firm's price target on FedEx Freight (FDXF) to $187 from $185 and keeps a Buy rating on the shares after the company posted adjusted operating income above the firm's targets in its first earnings release post-spin. Until clearer financials are disclosed, the firm moves its target multiple below the average of industry leaders XPO (XPO), Old Dominion (ODFL), and Saia (SAIA), but increased its calendar 2027 EPS estimate 2% to $5.41 following the report.
FedEx Issues Financial Guidance for Transition Period
The company today introduced guidance for the Transition Period on a standalone basis. Prior-year figures reflect carve-out results, with costs previously allocated from FedEx Corporation now fully reclassified into their respective expense line items. For the Transition Period, FedEx Freight is forecasting: A 4% to 6% revenue growth rate when compared to $5.1 billion for the seven months ended December 31, 2025; Operating income of $475 million to $515 million compared to $394 million for the seven months ended December 31, 2025; Adjusted operating income of $605 million to $645 million compared to $600 million for the seven months ended December 31, 2025; Operating margin of 9.0% to 9.5% compared to 7.8% for the seven months ended December 31, 2025; Adjusted operating margin of 11.5% to 12.0% compared to 11.8% for the seven months ended December 31, 2025; Interest expense of approximately $135 million; An ETR of approximately 26% prior to the MTM retirement plan accounting adjustments, compared to 25% for the seven months ended December 31, 2025; Diluted EPS of $1.75 to $1.95 before the MTM retirement plan accounting adjustments, and $2.40 to $2.60 after also excluding costs related to the spin-off; and assumed share count of 149.5 million.
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