FedEx Raises Annual Profit Forecast, Says `Cost Headwinds’ Will Decrease

Among the agreements are contracts that obligate the city to move natural gas and electric transmission lines and one that grants FedEx access to the site along Northwest 35th Street. More: continued here

Alibaba, eBay, CVC bid for Polish auction site Allegro -sourcesDaily MailWARSAW, July 27 (Reuters) – Chinese e-commerce group Alibaba , U.S. online retailer eBay Inc, and private equity firm CVC Capital Partners are among the bidders for Eastern Europe's No.1 auction website Allegro from South Africa's Naspers, sources said. More: continued here

FedEx Racing driver Denny Hamlin will be honored with the “Champion for Babies” award at Thursday night’s March of Dimes Volunteer Leadership Conference dinner and gala in Washington, D.C. More: continued here

The Drum Walmart's Flipkart plans put on hold by eBayThe DrumCommenting on the deal announcement then, Devin Wenig, president and chief executive officer of eBay Inc said: “The combination of eBay's position as a leading global eCommerce company and Flipkart's market stature will allow us to accelerate and …Walmart is in advanced talks to acquire…

The college basketball season officially begins tomorrow, but Conference USA marked the start of the campaign Friday with the league’s annual media day at FedEx Forum. Head coach Kirk Speraw and senior guard Jermaine Taylor (Tavares, Fla.) represented the UCF men’s program at the event, and head coach Joi Williams attended on behalf of the…

David Carden, managing director of FedEx Thailand and Indochina recently joined FedEx executives and employees in delivering films and welcoming movie moguls to the star studded Bangkok International More: continued here