FedEx

6/23/2008 FedEx Corp., Memphis, Tenn., last week reported that its net income of $1.13 billion for fiscal year 2008 was down 44 percent from the previous year, and reported a net loss of $241 million during the fourth quarter, down from last year’s net income of $610 million. More: continued …

Stewart Cink weathered a thunderstorm, an early bogey and late charges from defending champion Hunter Mahan and Tommy Armour III to shoot 3-under 67 during the final round and win the Travelers Championship Sunday by one shot. More: continued here

Stewart Cink won the Travelers Championship in Cromwell, Conn., by one shot yesterday after weathering a thunderstorm, an early bogey and late charges from defending champion Hunter Mahan and Tommy Armour III. More: continued here

Jafza International, Dubai World’s wholly-owned subsidiary in charge of the conglomerate’s economic zone development and logistics division, is revising its investments plan in Subic as it would consolidate over 200 hectares of property including the facility to be vacated by FedEx to be transformed into an integrated logistics center instead …

Rising star Andre Berto is the new WBC interim welterweight champion. The 24-year-old stopped Miguel Rodriguez in the seventh round of their fight at the FedEx Forum on Saturday night. More: continued here

Stocks fell last week as Fifth Third Bancorp’s dividend cut and worse-than-estimated results from FedEx renewed concern that mortgage losses and a slowing economy would prolong the profit slump. More: continued here

Andre Berto captured the vacant World Boxing Council welterweight title by defeating Miguel Rodriguez in the seventh round at the FedEx Forum arena Saturday. More: continued here

June 21 (Bloomberg) — U.S. stocks fell the most in a month as Fifth Third Bancorp’s dividend cut and worse-than-estimated results from FedEx Corp. renewed concern that mortgage losses and a slowing economy will prolong the profit slump. More: continued here

Associated Press Tiger Woods will still be part of the PGA Tour playoffs for the FedEx Cup, but only in name. Woods is atop the FedEx Cup standings with a 6,755-point lead over Phil Mickelson. He probably would remain the No. 1 seed when the four-tournament playoffs begin Aug. 21 …

eBay announces enhanced protections for PayPalTechSpot –2 hours agoBy Justin Mann, TechSpot.com PayPal is getting a security boost, according to its owner eBay, who announced this week a series of upgrades to the system … More: continued here