Sept. 18 (Bloomberg) — FedEx Corp ., the second-largest U.S. package-shipping company, said earnings fell 22 percent on waning demand for express deliveries while forecasting a profit for the current quarter that exceeds analysts’ estimates. More: continued here
Read More »FedEx Fiscal 1Q Profit Falls, Meets Views (CBS News)
FedEx says its fiscal first-quarter earnings fell 22 percent but still met Wall Street’s expectations as cost cuts partially offset the impact of slowing global growth. More: continued here
Read More »FedEx profit meets Wall St view (Reuters via Yahoo! News)
Package delivery company FedEx Corp reported quarterly profit in line with estimates, but said earnings had been hurt by challenging global economic conditions and high fuel prices. More: continued here
Read More »FedEx fiscal 1Q profit falls, meets views (AP via Yahoo! News)
FedEx Corp. said Thursday its fiscal first-quarter earnings fell 22 percent, but still met Wall Street’s expectations, as cost cuts partially offset the impact of slowing global growth. More: continued here
Read More »FedEx quarterly profit falls 22% on fuel costs (Market Watch)
FedEx’s first-quarter profit falls 22% despite volume growth, as global economic weakness and higher fuel prices eat into the shipping company’s bottom line. More: continued here
Read More »FedEx Ground shipping volume increases (Pittsburgh Post-Gazette)
FedEx Ground, the Moon-based division of shipping giant FedEx Corp., saw average daily package volumes rise 4 percent in the summer quarter even as fuel costs and competitive pricing cut into margins More: continued here
Read More »FedEx fiscal 1Q profit falls, meets views (San Francisco Chronicle)
FedEx Corp. said Thursday its fiscal first-quarter earnings fell 22 percent, but still met Wall Street’s expectations, as cost cuts partially offset the impact of slowing global growth. The package delivery company also predicted it will beat analysts’… More: continued here
Read More »FedEx Net Falls; Projects 2nd-Quarter Above Estimates (Update2) (Bloomberg.com)
Sept. 18 (Bloomberg) — FedEx Corp. , the second-largest U.S. package-shipping company, said profit fell 22 percent as higher fuel costs and a cooling economy hurt demand for express deliveries. More: continued here
Read More »FedEx truck crashes into car, tree, pole (Chicago Sun-Times)
No one was injured Wednesday afternoon when a FedEx truck lost control and crashed into a tree and light pole in west suburban Oak Park. More: continued here
Read More »Willie Parker Up For ‘Player Of The Week’ Award (KDKA Pittsburgh)
Steelers Running Back Willie Parker is once again up for the FedEx Ground Player of the Week Award. More: continued here
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