Brooke Sutherland, Columnist

FedEx Answers Are Better Late Than Never

The delivery company did right by talking straight about the integration of its biggest purchase.

September 21, 2016 at 1:45 PM UTC

Brooke Sutherland is Bloomberg News' Boston bureau chief and writes the Industrial Strength Newsletter. She was previously a Bloomberg Opinion columnist covering deals and industrial companies and an M&A reporter for Bloomberg News.

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FedEx just got a reminder that when it comes to guiding shareholders, more information is almost always better than less.

Shares of the package-delivery company shot up in late trading on Tuesday and continued their climb Wednesday morning after FedEx reported better-than-expected quarterly results and finally pulled back the curtain on how the integration of its $4.9 billion purchase of TNT Express is going.