Investopedia: FedEx Not Particularly Expensive, But Analysts Still Too Positive

Although I have tremendous respect for the business that FedEx (NYSE:FDX) has built, the same cannot be said of my opinion of most analysts' models and valuations for this company. FedEx has long struggled to deliver good free cash flow (FCF) generation, and although I think the company's new efficiency plans will produce better results, there's a gulf between “better” and “good”.

That said, FedEx shares have underperformed the market for about three years running and now don't seem particularly expensive. While I would have some concern that sell-side analysts are still setting too high a bar for the company (sowing the seeds for future disappointment), there's at least a buy case to be made today.

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http://www.investopedia.com/stock-analysis/061913/fedex-not-particularly-expensive-analysts-still-too-positive-fdx-ups-odfl-utiw.aspx

Investopedia: The EU Blows Up The UPS - TNT Deal

Apparently the European Union (EU) prefers the illusion of competition to real competition. That would be one possible conclusion from the announcement on Jan. 14, 2013, that the European Commission (EC) has rejected the many compromises offered by UPS (NYSE:UPS) in its proposed acquisition of European delivery company TNT Express and has chosen to block the deal. While this is a setback to UPS's overseas ambitions, the company can likely build over time what the EC wouldn't allow it to buy today.

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http://www.investopedia.com/stock-analysis/2013/The-EU-Blows-Up-The-UPS---TNT-Deal-UPS-FDX0115.aspx