FedEx BULLISH on Planes and 2 Interesting Stock Stories for Traders
Dow Jones (NASDAQ:NWSA) has sold its finance and technology jobs site FINS.com. to Dice Holdings (NYSE:DHX), which owns industry-specific jobs sites. Under terms of the purchase, Dice will manage the online career centers for fellow Dow Jones-owned WSJ.com and MarketWatch.com, and will bring the newly acquired FINS.com’s job listings service to its eFinancialCareers site.
Tibco (NASDAQ:TIBX) shares gained substantially Friday, following the firm exceeding its fiscal second quarter estimates, plus issuing reassuring fiscal third quarter guidance. In addition, the company sacked its Americas region sales head Robin Gilthorpe as part of a reorganization. On its earnings call, it was noted that its Asia-Pac sales jumped 40 percent year-to-year on the fiscal second quarter, which went far to offset a relatively small rise of 4 percent in European sales. In addition, Tibco’s BPM software sales soared by 80 percent.
FedEx (NYSE:FDX) continues its attempts to update its air fleet, by agreeing to buy 19 more B767-300 aircraft from Boeing (NYSE:BA). For its part, Boeing will convert four Boeing 777s to 767 equivalent purchase value, two in fiscal 2016 and two in fiscal 2017. Moreover, FedEx Express now operates 19 long-range 777 freighters and is committed to buy an additional 24 777s.