Ackman Speculation Fuels FedEx Gains

FedEx Corporation (NYSE:FDX) is having a superb day today, stock is up 6.8 percent on wild rumors that this could be the one that Bill Ackman is buying. In short, Bill Ackman expressed his intention to open a single stock fund that will invest in a company he described as "simple, predictable, and free-cash-flow-generative and enjoys high barriers to entry." Forward to the next day, and all of a . . .

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