See as a company fedex cares about the customer, now with ups only the drivers care about the customer, plus eskew is with ups.
Dont put all of your eggs in one basket! I have driver friends that bought fedex stock years ago and have made more money on it than ours!I'm seriously thinking about jumping ship, selling and gobbling up some overpriced fedex stock(only if i wasn't so dam loyal).
..and when a company lays off a thousand unionized employees, the share instantaneously shoots up $1.00.See as a company fedex cares about the customer, now with ups only the drivers care about the customer, plus eskew is with ups.
Why are you so concerned with one day of FDX outperforming UPS? Since the 10 vote per share shareholders (foundations, retirees, current management and former CEO's) have not held the current CEO, CFO, CIO and curly locks in I.S. responsible for the poor performance in stock price, you may expect the same until someone who knows how to imanagement a corporation for fun and profit is brought in. That would be from the outside, IMHO. And now, the chart you've been waiting for.What's going on with this picture, I dont understand Wall Street!
Rookie give it time!The jump in stock price is a reaction to a couple of things. First, they declared quarterly dividends which always makes stockholders happy. Secondly, the company settled a large lawsuit. As strange as it sounds, stockholders and the public in general does not like any lingering legal proceedings related to a company; they much rather see it resolved and settled. Finally, one more item, which actually pisses me off...I am a native of Hungary, so seeing FedEx acquiring a small "flying-cargo" company in that country rather than UPS doing the same is rubbing me the wrong way. Hungary and the rest of the "Eastern European" countries have tremendous un-tapped markets, growing economies and an eagerness to conduct business with the west. UPS hopefully will take advantage of these opportunities...I wish I could explain to Eskew what he might be missing out on. On one final note, than I'll be quite....I am beginning my driver training in a week; my uniforms arrived yesterday and I cannot wait to work even more for Big Brown!!!! LOVE THIS COMPANY!!!!
..and when a company lays off a thousand unionized employees, the share instantaneously shoots up $1.00.
They don't have to because look at your employee retention rate! And while you are at it, look at the retention rate among fulltimers which use to never move in a negative direction to any degree. That is not the case anymore. Or better yet, look at the management retention rate which in years past you had to kill em' to get them to leave. Now that percentage is increasing and ticking upwards.