Share Repurchase Program, Study Results, Executive Retirement, Traffic
Statistics, and Upcoming Earnings Releases - Research Report on FedEx,
Expedia, Expeditors, Copa Holdings, and Bristow Group
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, October 18, 2013
NEW YORK, October 18, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting FedEx
Corporation (NYSE: FDX), Expedia Inc. (NASDAQ: EXPE), Expeditors International
of Washington Inc. (NASDAQ: EXPD), Copa Holdings SA (NYSE: CPA), and Bristow
Group, Inc. (NYSE: BRS). Today's readers may access these reports free of
charge - including full price targets, industry analysis and analyst ratings -
via the links below.
FedEx Corporation Research Report
On October 15, 2013, FedEx Corporation (FedEx) announced that its Board of
Directors has authorized a new share repurchase program of up to 32 million of
its outstanding shares of common stock. According to the Company, this
authorization augments the 7.4 million shares authorized for purchase under
the existing share repurchase program. Frederick W. Smith, Chairman,
President, and CEO of FedEx, stated, "The stock buyback plan reaffirms our
confidence in the company's strategy and long-term growth potential. It also
demonstrates our ongoing commitment to delivering value to our shareowners.
Our strong balance sheet provides us with the flexibility to initiate this
stock repurchase program while continuing to execute our strategic growth
initiatives." FedEx informed that the repurchases will be made from time to
time at the Company's discretion, based on ongoing assessments of the capital
needs of the business, the market price of its common stock, and general
market conditions. The Company further stated that the share repurchase
program has no time limit and it may be suspended or discontinued at any time.
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]
Expedia Inc. Research Report
On October 14, 2013, Expedia Inc. (Expedia) and its business travel company,
Egencia released the results of a global study, 'Future of Travel' conducted
by Harris Interactive on behalf of the Company, comparing business and leisure
travel habits and preferences across generations. According to the Company,
the study that aims to discover how millennials will impact the travel
landscape as they gain decision-making power at work and purchase power in
their personal lives; was conducted online between August 20, 2013 and
September 12, 2013, with 8,535 employed adult participants in 24 countries.
According to Expedia, millennial travelers-in the age group of 18 to 30 yrs.,
have sharply different business and leisure travel habits and expectations
than do their older peers. Expedia stated that younger travelers were freer
with their company's money when traveling and millennials have more
opportunities to order room service than any other age demographic, because
they travel slightly more on business. The Full Research Report on Expedia
Inc. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
Expeditors International of Washington Inc. Research Report
On October 7, 2013, Expeditors International of Washington Inc. (Expeditors)
announced the retirement of Peter J. Rose, the Company's Chairman and CEO,
with effect from March 1, 2014.The Company informed that Rose will continue
his service as Chairman until annual meeting in May 2015, and will be focused
in assisting the new CEO in building relationships with investors, customers,
and other external stakeholders. The Company stated that it expects to
announce the appointment of the next CEO during the managers' meeting in
January 2014. The Company informed that in its process of search for new CEO,
Expeditors will focus on internal candidates who are accomplished leaders. 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:
Copa Holdings SA Research Report
On October 10, 2013, Copa Holdings SA (Copa Holdings) announced preliminary
passenger traffic statistics for September 2013.The Company reported a
consolidated load factor of 76.2%, compared to 73.8% in September 2012.
Consolidated Revenue passenger miles (RPM) increased 14.1% YoY to 1,197.2
million miles (mm) and Available seat miles (ASM) increased 10.6% YoY to
1571.5 mm. Copa Holdings' international service load factor was 75.9% in
September 2013, compared to 73.7% in September 2012. The Company's domestic
service load factor was 84.1% in September 2013, compared to 77.6% in
September 2012. The Full Research Report on Copa Holdings SA - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
Bristow Group, Inc. Research Report
On October 14, 2013, Bristow Group, Inc. (Bristow Group) announced that it
will release its Q2 FY 2014 financial results (period ended September 30,
2013) on Thursday, November 7, 2013, after the market closes. According to the
Company, it will also host the quarterly results conference call on Friday,
November 8, 2013, starting at 10:00 a.m. ET (9:00 a.m. CT), which will be
broadcast live through the Company's website. The Full Research Report on
Bristow Group, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
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