Royal Bank of Canada, the country’s biggest bank, announced Monday that it will be issuing $2-billion of common shares to boost its capital levels. RBC’s Tier 1 capital ratio was 9 per cent on the final day of October, when its fiscal year ended. More: continued here
Read More »FedEx Cuts 2009 Earnings Forecast on Slowing Economy (Update1) (Bloomberg)
Dec. 8 (Bloomberg) — FedEx Corp. , the second-biggest U.S. package-shipping company, revised its fiscal 2009 earnings forecast to no more than $4.75 a share from as much as $5.25, blaming the “significantly weaker” economy. More: continued here
Read More »More People Seeking Food Stamps – WHQR Public Radio
More People Seeking Food StampsWHQR Public Radio, NC –7 minutes agoWILMINGTON, NC (2008-12-08) Nearly 32 million Americans are turning to food stamps to feed themselves and their families. And New Hanover County's … More: continued here
Read More »FedEx slashes fiscal 2009 profit outlook (AP via Yahoo! Finance)
FedEx Corp. is cutting its forecast for fiscal 2009 earnings as the slumping economy cuts into package deliveries. FedEx said Monday it expects to earn $3.50 to $4.75 per share, down from its previous estimate of $4.75 to $5.25 per share. More: continued here
Read More »Post office urges shipping gifts early (News 14 Carolina)
GREENSBORO – With the holidays fast approaching, time is running out for shoppers to mail their holiday gifts to friends and family. Post offices across the Triad opened Monday to long lines of people like Jacque Peggins, who was waiting to send stuffed animals to her granddaughter in New Jersey. …
Read More »FedEx slashes fiscal 2009 profit outlook (Knoxville News Sentinel)
MEMPHIS, Tenn. — FedEx Corp. is cutting its forecast for fiscal 2009 earnings as the slumping economy cuts into package deliveries. More: continued here
Read More »Feeding America Urges Economic Recovery for Hungry Americans – MarketWatch
Feeding America Urges Economic Recovery for Hungry AmericansMarketWatch –5 hours agoMoreover, the inclusion of additional funding for food stamps and emergency food assistance will support economic recovery and help stimulate local … More: continued here
Read More »(AFX UK Focus) 2008-12-08 21:55 AFTER THE BELL-Fedex shares down after posting expected earnings (Interactive Investor)
NEW YORK, Dec 8 (Reuters) – Shares of Fedex Corp fell 3.4 percent to $71.93 in extended trade on Monday after the company reported its expected second-quarter earnings. The company also said it saw significantly weaker macroeconomic conditions offsetting benefits from lower fuel prices. For details, see (Reporting by Deepa …
Read More »Post Office asks customers to mail early (Wilmington Advocate)
Customers can help speed Post Office transactions by providing retail clerks with full information on packages, such as requirements for insurance, delivery confirmation, and desired time for package arrival. More: continued here
Read More »I Put The President On eBay – Orato
I Put The President On eBayOrato –6 minutes agoI logged on to eBay, looking to rid myself of my memories of this disastrous president—to make some money off him after all he has cost us. … More: continued here
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