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Communications Systems, Inc. stock price
Communications Systems, Inc. latest news:
U.S. FCC approves new spectrum for vehicle radar systems
The U.S. Federal Communications Commission on Thursday approved allocating a larger consolidated block of spectrum for use by motor vehicle and aircraft radar systems to help avoid crashes.
FedEx's TNT Express was 'significantly' disrupted by a virus
FedEx Corp. said Wednesday that its TNT Express subsidiary was "significantly affected" by an information systems "virus." The package delivery giant said that while TNT's operations and communications systems were disrupted by the virus, it is not aware of any data breach. TNT Express had revenue of $1.91 billion in fiscal 2017, representing 12.2% of FedEx's total revenue of $15.7 billion. FedEx's stock has resumed trade after a halt, and was up 0.8% in midday trade. It has climbed 16% year to date, while the Dow Jones Transportation Average has gained 5.3% and the S&P 500 has advanced 9.0%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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