FedEx posted higher quarterly profit as the shipping company cut costs and its express delivery segment, its biggest business, made more money. More: continued here

(Reuters) – Global shipping company FedEx Corp on Wednesday reported quarterly results that missed Wall Street estimates as revenue declined at its biggest unit, Express Delivery. FedEx earned $500 million, or $1.57 a share, in the second quarter ended November 30, versus $438 million, or $1.39, in the same quarter …

Second-quarter profit fell short of analysts expectations as customers continued to shift toward cheaper ground-shipping options and away from overnight air. More: continued here

FedEx Corp. (FDX) said fiscal second-quarter profit rose 14 percent, less than analysts forecast, as customers moving to cheaper shipping options outpaced cost reductions at its airline unit. More: continued here

MEMPHIS (TheStreet) — FedEx  said net income rose 14% as operating income at FedEx Express rose 42%, but the company nevertheless missed analysts' earnings estimates. The overnight package company said it earned $500 million, or $1.57 a share, in the fiscal second quarter. Analysts surveyed by Thomson Reuters had estimated $1.64. …

FedEx reported quarterly earnings that fell shy of market expectations on Wednesday. More: continued here

George Zimmerman's artwork for sale on eBay for nearly $100KCBS News… after it bidding started. George Zimmerman/eBay. Shares. Tweets; Stumble. Email; More +. SANFORD, Fla.– An original piece of artwork painted by George Zimmerman is selling for nearly $100,000 on eBay only a day after it was put up for …

A complex three-way spread is looking for shares of eBay to fall by the middle of next year. optionMONSTER systems show that a trader sold 6,750 July 55 calls for $3.85 yesterday, below the listed bid … More: continued here

WFMY News 2 Busiest Week For Mailing, Shipping At The US Post OfficeWFMY News 2Monday, post offices across the country processed nearly six million pieces of mail, making it the busiest day of year. But, it's nothing the the post offices can't handle especially in Greensboro. That's because they hire …

PLANS have been put forward to relocate Thornton-le-Dale’s Post Office following the retirement of the postmaster. More: continued here