UPS (UPS) Follows FedEx (FDX) Higher

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Pershing Square's Ackman won't comment on FedEx (FDX) investment speculation - Bloomberg

July 9, 2013 11:38 AM EDT

Pershing Square's Bill Ackman won't comment on FedEx Corp. (NYSE: FDX) investment speculation, according to Bloomberg headlines.... More

July 9, 2013 10:56 AM EDT

In addition to settling a consumer suit, the upside in FedEx Corp. (NYSE: FDX) is related to chatter the company is the target of an activist investor. Possibly Bill Ackman, following news yesterday he has a new large-cap activist target. UPS (NYSE: UPS) is also higher.... More

July 9, 2013 10:48 AM EDT

FedEx Corp. (NYSE: FDX) is higher on word it settled a suit claiming it overcharged customers for years. Shares are up 5.6%.... More