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FedEx Takes Sloppy E-Tailers to Task

FedEx Corp. Chief Executive Fred Smith took a tough line with e-commerce companies on Wednesday, saying they need to shape up sloppy shipping practices or risk losing customers. On Wednesday, FedEx said severe weather shaved $125 million off of its fiscal third-quarter profit, pushing earnings well below even scaled-back analyst …

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Icahn pushes eBay to sell 20% of Paypal via IPO – CNET

CNET Icahn pushes eBay to sell 20% of Paypal via IPOCNETOver the last few weeks, we have raised a number of troubling questions regarding corporate governance at eBay. Sadly, in our opinion, these questions have never been adequately answered by eBay. Now, we have given a basic overview of the …

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Winter storms hit FedEx's quarterly results, outlook

FedEx Corp on Wednesday said severe winter conditions had hurt quarterly earnings and revenue, prompting the world's No. 2 package delivery company to cut its fiscal-year profit forecast. The unusual weather disrupted operations, reduced shipping volumes and increased costs, decreasing operating income by about $125 million in the third quarter …

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