Announcement of Quarterly Dividends, Financial Results, Public Offerings, and Portfolio Expansions - Research Report on UPS, FedEx, C.H. Robinson, Expeditors, and XPO
NEW YORK, August 15, 2013 /PRNewswire via COMTEX/ --
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Today, Analysts' Corner announced new research reports highlighting United Parcel Service, Inc. (NYSE: UPS), FedEx Corporation (NYSE: FDX), C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), Expeditors International of Washington, Inc. (NASDAQ: EXPD), and XPO Logistics, Inc. (NYSE: XPO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
United Parcel Service, Inc. Research Report
On August 8, 2013, United Parcel Service, Inc. (UPS) announced that its Board of Directors has declared a regular quarterly dividend of $0.62 per share on all outstanding Class A and Class B shares. The Company informed that the dividend will be payable on September 4, 2013, to shareowners of record as of August 19, 2013. UPS reported that earlier in 2013, it boosted its dividend by nearly 9%, and has paid either stock or cash dividends every year since 1955. The Full Research Report on United Parcel Service, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/500b_UPS]
FedEx Corporation Research Report
On August 1, 2013, FedEx Corporation (FedEx) announced the expansion of its temperature controlled packaging (TCP) portfolio to include a new "cold shipping" packaging option for customers that require a refrigerated environment of 2-8[o] Celsius up to 96 hours for their shipments. "The demand for global temperature-controlled shipping is growing quickly and FedEx Healthcare Solutions is growing right along with it," said Carl Asmus, Vice President of Supply Chain Solutions & Market Development at FedEx Services. "With our new cold shipping packaging option, FedEx customers who ship items that require a temperature controlled environment have peace of mind knowing their shipments are in the custodial control of the secure FedEx network." The Full Research Report on FedEx Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b24a_FDX]
C.H. Robinson Worldwide, Inc. Research Report
On August 8, 2013, C.H. Robinson Worldwide, Inc. (C.H. Robinson) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share. The Company informed that the dividend is payable on September 30, 2013, to shareholders of record as of September 6, 2013. The Company reported approximately 159.4 million outstanding common shares on August 8, 2013. The Full Research Report on C.H. Robinson Worldwide, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0bef_CHRW]
Expeditors International of Washington, Inc. Research Report
On August 6, 2013, Expeditors International of Washington, Inc. (Expeditors) reported its Q2 2013 financial results. Total revenues for Q2 2013 were $1.5 billion, down 0.3% YoY. The Company's Q2 2013 net earnings attributable to shareholders were $92.3 million, up 10.0% YoY, while diluted net earnings attributable to shareholders were $0.45 per share, up 15.4% YoY. "Our airfreight volumes were up again, for the third straight quarter, by 5%," said Peter J. Rose, Chairman and CEO of Expeditors. "Ocean FEU count on a yearly quarter-over-quarter basis was up 2% as was our order management activity. The volatility of the pricing environment continues to require focused attention to both the buy and sell elements of the air and ocean marketplace." The Full Research Report on Expeditors International of Washington, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/58a9_EXPD]
XPO Logistics, Inc. Research Report
On August 7, 2013, XPO Logistics, Inc. (XPO) announced the pricing of a registered underwritten public offering of shares of its common stock at a price to the public of $22.75 per share. Further, the Company also announced that it has increased the size of the offering to 9.7 million shares from the previously announced 8.0 million shares. XPO also stated that it has granted the underwriters in the offering a 30-day option to purchase up to an additional 1.4 million shares of common stock from the Company. XPO informed that it intends to use the net proceeds of the offering, together with cash on hand, to finance the previously announced acquisition of 3PD Holding, Inc., and to pay related fees and expenses. The Full Research Report on XPO Logistics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f42d_XPO]
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