FedEx earnings, revenue beat estimates
FedEx's profit more than doubled from the same quarter last year, when it recorded heavy charges related to cost cutting and restructuring.
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FedEx's profit more than doubled from the same quarter last year, when it recorded heavy charges related to cost cutting and restructuring.
More: continued here
AIM Group (subscription) Flipkart's Anil Goteti to head up EBay IndiaAIM Group (subscription)The merger of EBay India with Flipkart was officially clinched last week, and this week Flipkart appointed Anil Goteti, head of its marketplace division, retail products and operations, as head of EBay in India, reported Economic Times. Vidmay Naini …Timeline: eBay India's 13-year…
NEW YORK – FedEx Corp. says the global economy is stalling, and it's going to get worse next year. A decline in global trade is shrinking earnings at the world's second-largest package delivery company. On Tuesday, FedEx said a continued slowdown in the developed world combined with high fuel prices will keep trade volumes at…
But shares of the package-delivery giant gain as the company is bullish on the holiday season. More: continued here
NEW YORK — FedEx says it will raise prices at its freight and national trucking unit by 5.9 percent on Feb. 1. More: continued here
RTT News Amazon profit up, margins squeezedCNET News.com, CA –3 hours agoWall Street concerns center on how Amazon, the most popular Web e-commerce site behind eBay, will fare in a recession. The company gave first-quarter and …Cautious outlook hits AmazonFinancial Times (subscription)Amazon.com Q4 Profit Climbs 112%, Guides Q1, FY08 Revenues Above …RTT NewsAmazon shares pay heavy price…
Eater 'Mulan' McNugget Sauce Fetches $14K on eBay – EaterEaterThe dip hasn't been available in nearly two decades.and more » More: continued here