BLOUNTVILLE — There’s not just one, but two, new FedEx operations set to open soon in Sullivan County, according to discussions among county officials in the last week or so. More: continued here
Read More »Coffee Break: FedEx’s stock rating downgraded (Memphis Commercial Appeal)
Morgan Keegan downgraded FedEx Corp. stock early Monday, saying uncertainty in fuel prices and the economy limit any earnings upside in the near term. More: continued here
Read More »FedEx Dishes Out More Caution (The Motley Fool)
With fuel costs running amok, FedEx is retrenching. More: continued here
Read More »FedEx Issues Lowered 4th Quarter Earnings Forecast (The Memphis Flyer)
The faltering U.S. economy and rising fuel costs have dealt a blow to Memphis’ delivery giant, FedEx. FedEx cut its expectations for fourth-quarter earnings to be $1.45 to $1.50 a share, compared to its prior forecast of $1.60 to $1.80 a share … More: continued here
Read More »Premarket roundup: FedEx, Dollar Tree (AP via Yahoo! Finance)
After FedEx Corp. cut its fiscal 2008 forecast this weekend, analysts said higher fuel costs and decreased demand will weaken the shipping company’s profit into fiscal 2009 as well. More: continued here
Read More »FedEx Canada Achieves CCEOC® Certification For 5th Year In A Row (ContactCenterWorld.com)
Mississauga, Ontario – May 12, 2008 – CCEOC Inc. today announced that all three FedEx Canada’s Customer Service Centres have achieved the Contact Center Employer of Choice(R) designation for 2008. This is the 5th year in a row FedEx has participated in the program and achieved certification. More: continued here
Read More »FedEx cuts profit forecast on fuel costs (Boston Globe)
Package delivery company FedEx Corp slashed its quarterly earnings forecast on Friday, blaming surging fuel prices and a drop in demand caused by the weak economy, sending its shares down 3 percent. More: continued here
Read More »Morgan Keegan lowers earnings for FedEx (Memphis Business Journal)
Morgan Keegan & Co. Inc. downgraded shares of FedEx Corp. and lowered its earnings estimate Monday. (FDX) (RF) More: continued here
Read More »Opening Glance: Rails, shippers fall with FedEx (AP via Yahoo! Finance)
Shares of railroads and shippers fell in morning trading Monday, after FedEx Corp. lowered its fiscal fourth-quarter earnings prediction, citing rising fuel costs. More: continued here
Read More »Stocks flat, Fedex offsets lower oil price (Reuters via Yahoo! News)
Stocks were little changed on Monday as the dollar’s rise helped to push oil prices lower, but gains were offset after Fedex Corp, a package delivery company seen as a barometer of economic activity, slashed its earnings forecast. More: continued here
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