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FedEx Freight CEO says the spinoff will help the company 'leapfrog' competitors
FedEx Freight CEO John Smith said on Monday the company's separation from FedEx will allow it to invest more aggressively in growth initiatives and better compete in the less-than-truckload shipping market. "The things that we are going to be able to control now, especially from a capital and investment perspective, be able to put dollars into the LTL company that are LTL specific ... That's going to help us leapfrog the competitors," Smith said on CNBC's "Mad Money."
FedEx Freight Shares Drop in First Day of Trading After Spinoff
A FedEx truck in Salt Flat, Texas, on Jan. 23, 2025.
We're updating our rating on recently spun FedEx Freight after a strong run-up
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are pulling back again as investors take profits in technology and AI infrastructure stocks that had become stretched after their recent run. The selling caught many investors off guard, with the S & P 500 up about 1% shortly after the open before stocks abruptly reversed lower.
Parent 'thought it was a joke' upon hearing year 3 NAPLAN tests stolen
Year 3 NAPLAN tests stolen from FedEx van in Melbourne Tue 2 Jun 2026 at 5:11am In short: NAPLAN tests of about 70 primary school students from Melbourne's inner-north are missing after a the van carrying them was stolen on the way to exam markers on April 1. The tests contained the names, dates of birth, year levels and schools of the students. Victoria Police is still investigating the theft and there have been no arrests.
Jim Cramer says this company's spin-off could unlock significant upside
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Here are the 4 big things we're watching in the stock market in the week ahead
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Jim Cramer's top 10 things to watch in the stock market Wednesday
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Jim Cramer's top 10 things to watch in the stock market Tuesday
My top 10 things to watch Tuesday, June 2 1. Marvell Technology is flying over 20% this morning after Nvidia CEO Jensen Huang said at Computex that the networking supplier and custom AI chip designer could be the next trillion-dollar company. Marvell ended yesterday with a market cap of $192 billion.
Honeywell’s quantum company goes public. What investors should know about the IPO
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Werner Herzog in conversation with Paul Cronin (2014)
Most of what we’ve heard about Werner Herzog is untrue. The sheer number of false rumors and downright lies disseminated about the man and his films is truly astonishing. Yet Herzog’s body of work is one of the most important in postwar European cinema.