FedEx Corporation is a holding company with subsidiaries that provide a broad range of transportation, e-commerce and business services under the FedEx brand.

Last quarter, the company's EPS of $1.23 was $0.15 below the street's expectations, the company's second earnings miss in a row.

FedEx Corporation ( FDX ) will begin trading ex-dividend on June 13, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on July 01, 2013.

FedEx Freight, a subsidiary of FedEx Corp. (NYSE: FDX), will increase shipping rates by an average of 4.5%, effective July 1, 2013.

FedEx(FDX) Among companies releasing May-quarter earnings reports soon, several are industry behemoths with possibility of recovering and a couple in growth stages.

FedEx Corporation (NYSE:FDX) was in 44 hedge funds' portfolio at the end of the first quarter of 2013. FDX shareholders have witnessed a decrease in activity from the world's largest hedge funds lately.

The company has a market capitalization of $31.76 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.97 on revenue of $11.45 billion, compared with a profit of $1.99 a share on revenue of $11.00 billion a year earlier.

FedEx Corporation (NYSE:FDX) shares fell 7% on the day the company issued its fiscal third-quarter results, which were as ugly as its stock price performance.

FedEx Corp. (FDX) said it is taking a $100 million impairment charge for its quarter ended May 31 to park old, inefficient aircraft as it accelerates an ongoing fleet modernization effort amid the slow economy.

Analysts are weighing in today on cruise concern Carnival Corporation (NYSE:CCL), package delivery service FedEx Corporation (NYSE:FDX), and fine accessories designer Coach, Inc. (NYSE:COH). Here's a quick roundup of today's bearish brokerage ...