Tag: OneFifth

FedEx retires one-fifth of Boeing 757 freighter fleet

FedEx Express now operates a fleet of 92 Boeing 757-200 freighters (pictured) after sending 22 to retirement last quarter. (Photo: Jim Allen/FreightWaves) FedEx Corp. has permanently retired 22 Boeing 757-200 freighter aircraft as part of a downsizing campaign to better align the air fleet with slower parcel demand, the company announced Tuesday along with fourth-quarter […]

Nearly One-Fifth of Warren Buffett-Led Berkshire Hathaway’s $368 Billion Stock Portfolio Is Invested in These 2 Financial Giants

Given Warren Buffett’s impressive track record as an investor, Berkshire Hathaway‘s $368 billion public equities portfolio is a valuable source of potential investment ideas, especially the larger holdings. Near the top of that list, investors will notice that Bank of America (NYSE: BAC) and American Express (NYSE: AXP) make up a combined 18.1% of the […]