FedEx lowered its third-quarter earnings guidance by an estimated 25 cents per diluted share because of ‘loss of revenue and increased expenses resulting from severe winter storms and higher-than-expected fuel prices.’
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FedEx forecasts a 13% increase in packages it delivers this holiday season, largely due to a jump in online spending. More: continued here
FedEx Corporation plans to offer two years salary in advance so as to expedite voluntary retirement of employees beginning next year. More: continued here
Did Google Just Decide to Kill Craigslist and eBay?DailyFinanceAt the very least, the idea threatens eBay . The company depends on an ever-increasing volume of transactions to fund growth. In Q1, the auctioneer was responsible for $49 billion worth of commerce. By 2015, eBay wants to enable $300 billion in …and more » More: continued here
FedEx Corp. announced today that it has completed the acquisition of TATEX, a leading French business-to-business express transportation company. This transaction repre More: continued here
EBay to Feature Sotheby's Auctions in New DealABC NewsEBay will soon feature auctions from the likes of Monet, Picasso and other masters through a new partnership with auction house Sotheby's. The companies will offer a new live auction feature on eBay Inc.'s Web site and real-time bidding for Sotheby's … More: continued here
The Associated Press EBay CEO sees more change ahead after profitable 1st quarterThe Associated Press –5 hours agoSAN FRANCISCO (AP) — More change is in store at eBay, its CEO said after the online auction company reported its profit climbed 22 percent in the first … More: continued here