FDX Jan 2024 140.000 put
| Previous close | 0.0300 |
| Open | 0.0300 |
| Bid | 0.0000 |
| Ask | 0.0400 |
| Strike | 140.00 |
| Expiry date | 2024-01-19 |
| Day's range | 0.0300 - 0.0300 |
| Contract range | N/A |
| Volume | |
| Open interest | 726 |
Simply Wall St.Here's Why We Think FedEx (NYSE:FDX) Might Deserve Your Attention Today
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
ReutersFedEx faces US racketeering lawsuit by former delivery contractor
A company that FedEx once contracted to deliver packages on the California-Oregon border has sued the shipper, alleging it engages in a systemic pattern of illegal and wrongful business practices that violate U.S. anti-racketeering law. The lawsuit filed Nov. 14 in a California federal court by PYNQ Logistics Services, which has not been previously reported, seeks a court determination that PYNQ's relationship with FedEx Ground is that of an employee rather than a contractor. If successful, the case could threaten the promised cost-savings from a restructuring through which FedEx has been shifting significant package volume from its employee-staffed Express unit to its Ground unit that relies on about 6,000 contractors to handle delivery and transportation services.
- Reuters
PRESS DIGEST-Wall Street Journal - Dec 8
The following are the top stories in the Wall Street Journal. - Apple and its suppliers, led by Taiwan-based Foxconn, aim to build more than 50 million iPhones in India annually within the next two to three years, with additional tens of millions of units planned after that. - Clothing retailer Levi Strauss named Michelle Gass as its next president and chief executive and will succeed Chip Bergh, who is slated to retire on April 26.
