NEW YORK – Ed Gullo never thought he’d be on this side of a package delivery. Gullo, 61, of Newburgh, N.Y., is driving a truck for FedEx during the holiday shipping rush that started after Thanksgiving. Gullo is no veteran truck driver. More: continued here
Read More »FedEx: A View After a Bummer Report (TheStreet.com)
FedEx’s pullback is warranted after it warned that things aren’t as rosy as they appear, but that comes after it said things were great the last time they talked. More: continued here
Read More »Pacers, Grizz tangle at FedEx Forum (The Sports Network)
Pacers, Grizz tangle at FedEx Forum More: continued here
Read More »Shares of FedEx Fall After It Posts a 30% Decline in Profit (New York Times)
FedEx said second-quarter profit fell 30 percent on a 10 percent decline in revenue and issued a disappointing forecast for the current period. More: continued here
Read More »Wall St sinks as dollar soars, FedEx loses altitude (Reuters via Yahoo! News)
U.S. stocks fell on Thursday as the dollar’s rebound spurred a safe-haven trade, cutting demand for riskier assets, while a soft profit outlook from economic bellwether FedEx sank transportation shares. More: continued here
Read More »FedEx issues cautious 3Q forecast (AP via Yahoo! News)
FedEx offered a tepid outlook Thursday for the quarter that ends in February, after reporting fiscal second-quarter results fell 30 percent from a year ago. More: continued here
Read More »FedEx sees stumbling blocks before recovery (AP via Yahoo! News)
FedEx says the economy has “reached a turning point,” but a full recovery could still be a long way off. More: continued here
Read More »Stocks drop on strong dollar, FedEx weighs (Reuters via Yahoo! News)
U.S. stocks fell on Thursday as the dollar rebounded, diminishing the appetite for risky assets, while FedEx forecast profits below estimates and Citigroup got a cool reception for its stock offering. More: continued here
Read More »FedEx forecast disappoints, shares fall (Reuters via Yahoo! News)
FedEx Corp forecast third-quarter profit below analysts’ expectations, sending the package delivery giant’s shares down 3.6 percent in premarket trading. More: continued here
Read More »FedEx forecast disappoints; shares fall (Reuters via Yahoo! News)
FedEx Corp forecast More: continued here
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