FedEx (FDX +6.4%) shoots higher with reports out that it settled a lawsuit in which it was...

|About: FedEx Corporation (FDX)|By:, SA News Editor

FedEx (FDX +6.4%) shoots higher with reports out that it settled a lawsuit in which it was alleged the company was overcharging customers for years. Also in the background on any mid-day spike is the speculation over which large-cap stock Bill Ackman will be buying up.