Coca-Cola Enterprises boosts its profit outlook, and shares shoot higher, while FedEx muddles through. More: continued here
Read More »FedEx 2Q profit rises 3 percent; plans salary cuts (AP via Yahoo! News)
FedEx Corp. said Thursday its fiscal second-quarter earnings rose 3 percent, narrowly topping Wall Street’s expectations, but it announced further cost cuts as demand continues to slump. More: continued here
Read More »Man auctions testicle on eBay – KGBT-TV Presents VALLEYCENTRAL.COM
Man auctions testicle on eBayKGBT-TV Presents VALLEYCENTRAL.COM, TX –2 hours agoAnd that's what is prompting a Pennsylvania man to sell a part of his male anatomy on eBay. But the man who posted it says he is trying to make a legitimate … More: continued here
Read More »FedEx may deliver big job cuts (China Daily)
With the recession deepening, the second-largest package delivery company must trim labor costs, speed retirement of older jets and halt expansion of its FedEx Office printing shops, said Dan Ortwerth, an Edward Jones & Co analyst. More: continued here
Read More »Tulsa lineman with cancer wins Courage Award (Sports Illustrated)
Tulsa offensive lineman Wilson Holloway, who missed the second half of this season after cancer was rediscovered in his chest, won the annual FedEx Orange Bowl-FWAA Courage Award on Wednesday. More: continued here
Read More »Tulsa lineman Holloway wins Courage Award (ESPN)
Tulsa offensive lineman Wilson Holloway, who missed the second half of this season after cancer was rediscovered in his chest, won the annual FedEx Orange Bowl-FWAA Courage Award. More: continued here
Read More »FedEx Initiates Flight Operations Test at its New Asia Pacific Hub in Baiyun International Airport in Guangzhou (Thaipr.net)
FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced the successful completion of its first flight operations test at More: continued here
Read More »FedEx May Park More Planes As Economy Struggles (The Aero-News Network)
Analyst Believes Shipping Giant Will “Suffer A Lot” You know things are bad when FedEx talks about drastic cutbacks to its operation. Last week, the shipping conglomerate took a hatchet to its own profit forecast, scaring investors off and sending its stock price plummeting to depths not seen since 1987. …
Read More »'Holy' brain scan brings $730 on eBay – United Press International
'Holy' brain scan brings $730 on eBayUnited Press International –5 hours ago17 (UPI) — An MRI scan that purportedly shows an image of the Virgin Mary brought a high bid of $730 on eBay, says the US woman whose brain was scanned. … More: continued here
Read More »FedEx May Cut Jobs, Add Fewer Stores as Demand Wanes (Update2) (Bloomberg)
Dec. 17 (Bloomberg) — FedEx Corp. stunned investors a week ago by slashing its annual profit forecast, sending the stock down the most in 21 years. Job cuts may be next at the shipper, a proxy for the U.S. economy. More: continued here
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