FedEx Corporation target price revised to $205 by Citi Research

In a recent report published on Thursday, FedEx Corporation target price has been raised from $200 to $205 by analysts at Citi Research.

On Tuesday, the company acquired TNT Express, following which the research firm reiterated its Buy rating on the stock of FedEx. In the report, the analysts said that FedEx is one of the most compelling stories in Transports.

For the last four years, TNT Express has made consistent loses, so in order to cover its operating expenses, TNT had to sell its assets.

FedEx has made an acquisition deal for purchasing TNT Express for 8 Euros per share. Total worth of the deal is around $4.8 billion. However, it is yet to be approved by the European authorities.

Moose spotted around Western Nebraska

According to reports, a moose was seen wandering around western Nebraska. The rare sighting of the animal was reported by people living near the North Platte River Valley along the Nebraska Panhandle.

While confirming the accounts of the locals, officials of the Nebraska Game and Parks Commission stated that the moose was seen roaming around the area by a number of people for the past few weeks. According to the officials, the latest recorded sighting of the moose was in Morrill County in Nebraska.

What makes the moose sighting in the area rare is that moose typically prefer habitats with cooler climate.

California witnesses substantial improvement in air quality: CAPCOA report

According to a report released on Thursday by California Air Pollution Control Officers Association (CAPCOA), the state's air quality is in much better shape than it was in 1990.

The CAPCOA report is compiled from information provided by the administrators of 35 air quality management districts in California. The reported released on Thursday was the second major report this year that pointed to better air quality in the region.

The issued report showed that compared to levels in 2014, toxic emissions from all sources have dropped 80%. Smog-forming emissions declined by 50% since 1990.

Attorney General Healey asks Federal DOE to Forgive Student Loan

Attorney General Maura Healey and top law enforcement officials for eight other states have sent a letter to Secretary of Education Arne Duncan.

In the letter, they have asked the authority to forgive the student loan debt for students who became victim to unjust and misleading practices of for-profit schools.

“These are situations where students are simply seeking a way to better themselves, and they get lured in by these false promises, and then they’re on the hook for $15,000, $20, 000”, affirmed Healey.

Number of Americans filing for Unemployment Benefit increased last Week

The United States Department of Labor released a weekly report, stating that the number of Americans filing jobless claims increased. But, according to the report, the four-week average was the lowest in last one and half decade.

According to the cabinet-level department of the United States federal government, jobless claims by people in the United States have increased by about 14,000 to 281,000 in the week that ended on April 4. The department also stated that the claims were less than forecasts by economists. Before this, the economists forecasted that jobless claims would be 283,000. The jobless claims in the previous week were revised to about 267,000 and the four- week average fell by about 3,000 to 282,250.

LinkedIn to acquire lynda.com

The business-oriented social networking service LinkedIn is going to buy lynda.com, privately held online education company, for about $1.5bn. The education company provides courses in many languages aimed at improving technology, business and creative skills. According to the company’s website, subscription fees for the company’s course range between $250 and $375 a year.

LinkedIn, which has been headquartered in Mountain View, California, has decided to expand its services for audiences of professional users. LinkedIn also has its European headquarters in Dublin. The new deal will allow users to know what skills are required to get jobs in desired city, according to Ryan Roslansky, who is head of content in LinkedIn.

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