A major conservative interest group asked FedEx for a $2 million to $3 million donation in exchange for the group’s backing in a legislative battle with UPS, according to a published report Friday. More: continued here
Read More »UPS Responds to FedEx Claims Legislation Risks AK Jobs (KTVA Anchorage)
UPS’s spokesperson is calling rival FedEx’s claims that UPS is pushing federal legislation that could risk Alaska jobs, “preposterous.” The controversy centers around legislative language at one time included the Federal Aviation Administration’s reauthorization bill. More: continued here
Read More »Report: Conservative Group Asks FedEx for $2M to Help Oppose Union Legislation (Fox News)
The American Conservative Union offered to sell its endorsement to FedEx for more than $2 million to help the package delivery company win a contentious legislative dispute, according to Politico.com. More: continued here
Read More »GOP-ers deliver FedEx smackdown (Politico via Yahoo! News)
A number of conservative groups are blasting FedEx for taking a cheap shot at UPS, charging that FedEx is falsely accusing its rival of seeking a federal bailout. More: continued here
Read More »GOP-ers deliver FedEx smackdown (The Politico)
A number of conservative groups are blasting FedEx for taking a cheap shot at UPS. More: continued here
Read More »Will: UPS, a Teamsters stronghold, looks to a beholden Democratic Congress to hinder principal competitor FedEx by … (Fort Worth Star-Telegram)
UPS, a Teamsters stronghold, looks to a beholden Democratic Congress to hinder its competitor FedEx by changing labor laws. More: continued here
Read More »US stocks fall on bank ratings, FedEx warning (The Times of India)
A cautious forecast from FedEx Corp. and a downgrade of 18 banks from a credit rating agency are giving investors new reasons to worry about the economy. More: continued here
Read More »US Technology Sector Mixed; Xilinx Weighs As SanDisk Gains – Wall Street Journal
US Technology Sector Mixed; Xilinx Weighs As SanDisk GainsWall Street JournalShares of Yahoo Inc. (YHOO) rose 1.2% to $15.89, Hewlett-Packard (HPQ) rose 1.1% to $39.26, eBay Inc. (EBAY) rose 1.5% to $18.09 and Apple Inc. (AAPL) …TECH STOCKS: Tech Sector Trades Sideways After Wednesday RallyCNNMoney.comTechnology stocks jump led by Intel, …
Read More »Cramer’s ‘Stop Trading!’: FedEx Was Right (TheStreet.com)
Jim Cramer says that FedEx was “spot on” when it said things had bottomed. More: continued here
Read More »FedEX: UPS Legislation Could Risk AK Jobs (KTVA Anchorage)
Tuesday, Federal senators introduced a bill reauthorizing the Federal Aviation Administration. Right now, the legislation does not include language FedEx officials are worried could pop up by the time the bill passes the senate. More: continued here
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