Toyota firing on all cylinders, Amazon thinks outside the box, FedEx surges

Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.

Toyota (TM) is gaining traction worldwide. The Japanese automaker says it sold 10.35 million vehicles this year. That narrowly beats last year’s record holder—Volkswagen. Toyota expects even stronger sales in 2018 thanks to growth in China and India.

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Amazon (AMZN) is working to decrease its environmental impact. The e-commerce giant is testing new algorithms to decide which size box and how many items should be packed together in each shipment, according to the Wall Street Journal. It’s not all to save the world, though. Amazon acknowledges the move increases brand loyalty and cuts down on shipping costs.

FedEx (FDX) is getting a nice pop this morning. The package delivery service raised its profit forecast after beating big on earnings and revenue for its second quarter. FedEx says while the peak holiday season helped boost profits, results were slightly impacted by a cyber attack at its Dutch unit.

Apple (AAPL) isn’t feeling much love down under. Apple’s new store in Melbourne’s Federation Square has residents questioning how the city could cut a deal with a major corporation without public opinion. The Square has long been a public space and cultural hub for the community.

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