[ad_1] Global transportation company Federal Express Corporation (FedEx) has signed a multi-year agreement to become the principal sponsor and official logistics partner for the IPL team Chennai Super Kings, the company said. Besides the IPL Team in India, the company would also be the principal sponsor for the professional Twenty20 cricket team Johannesburg Super Kings […]
UPS shares fall after getting rare ‘sell’ call on competition from Amazon, FedEx – CNBC TV18
[ad_1] United Parcel Service Inc. received a rare sell recommendation as Barclays expressed concern on the shipping giant’s earnings ahead of third-quarter results later this week. Analyst Brandon Oglenski downgraded the Atlanta-based company to underweight from equal-weight, noting likely near-term risk to earnings from continued weakness in parcel demand as well as longer-term challenges stemming […]