Latest / Durham News Today | 2 Min News | The Daily News Now!
Gates Foundation Seizes FedEx Freight Opportunity | Durham News
The Gates Foundation just snapped up nearly 1.2 million shares of newly spun-off FedEx Freight for $180 million — betting big on the heavyweight shipping giant that’s now America’s largest LTL carrier. While the market initially reacted with skepticism after the spinoff, analysts like Goldman Sachs see strong growth ahead, fueled by contract renewals and expansion. This move highlights how savvy investors spot hidden value in temporary market dips — and why patience often pays off in the long run. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.