FedEx

FedEx Express, which provides next-day deliveries to residential and business addresses through air transport, will increase its shipping rates by an average of 6.9% effective Jan. 5, 2009, FedEx Corp. says. More: continued here

World number three Vijay Singh has been ruled of action for at least six weeks – just two days after winning a first prize worth £5.4million in the US Tour’s FedEx Cup. More: continued here

Under a new formula to be announced soon by the Royal & Ancient, the British Open will exempt the top 30 players from the FedEx Cup standings and the also the top 30 from the European tour money list that will go by the name “Race to Dubai’ next year. …

Fitch Ratings on Tuesday affirmed debt ratings for FedEx Corp. at “BBB.” Fitch said the ratings apply to $1.8 billion in senior unsecured debt and a $1 billion revolving credit line. More: continued here

(AP:NEW YORK) Fitch Ratings on Tuesday affirmed debt ratings for FedEx Corp. at “BBB.” Fitch said the ratings apply to $1.8 billion in senior unsecured debt and a $1 billion revolving credit line. Fitch said FedEx’s rating outlook is stable. More: continued here

Fitch Ratings has affirmed the Issuer Default Rating (IDR) and outstanding debt ratings of FedEx Corporation (NYSE: FDX) and its Federal Express Corporation subsidiary, as follows: More: continued here

Netscape founder Andreessen joins eBay's boardReuters –8 minutes ago"We look forward to learning from Marc's insights and expertise as we drive further innovation on our platform …," eBay Chief Executive John Donahoe said … More: continued here

NEW YORK — Fitch Ratings on Tuesday affirmed debt ratings for FedEx Corp. at “BBB.” More: continued here

Goldman Sachs Cuts Its Price Target on eBay (EBAY) to $26StreetInsider.com (subscription), MI –7 minutes agoGoldman Sachs lowered its price target on eBay Inc. (Nasdaq: EBAY) from $30 to $26, while maintaining their Neutral rating. The firm also lowered estimates … More: continued here

Fedex Cup points leader Vijah Singh of Fiji smiles as he looks at the Fedex Cup after the conclusion of the Tour Championship golf tournament at East Lake Golf Club in Atlanta, Georgia, September 28, 2008. REUTERS/Tami Chappell More: continued here