American Tremont Group Holdings Inc Third Point holding the Federal Express

Recently, USA fund investors buying Third Point FedEx shares, and support the FedEx Corp founder and CEO Fred Smith management of the company.
Third Point hedge fund founder and CEO Dan Loeb said, the company has purchased FedEx shares. But no detailed instructions for the purchases. According to the federal express the disclosure of information, there are about 9800000 shares 63 hedge funds, corporate shares, accounted for 3.6%.
Loeb has been with Fred Smith company business is discussed. The Loeb in different company for management and strategic change is known, these companies include Yahoo!, Nokia and Sony.
At present, the Federal Express is in the middle of the reorganization plan, including cost saving, network optimization and organic growth measures, in order to improve the profitability of the company.
MYEX Minya Express International
2013-12-11