Earnings at FedEx dropped 45 percent for the Memphis-based company’s fourth quarter, compared with last year, after accounting for the costs of ‘business realignment’ and retiring aircraft, the company announced Wednesday. More: continued here
Read More »FedEx offers glum outlook on economic growth
FedEx might offer the clearest look at the disconnect between the soaring stock market and the listless global economy. More: continued here
Read More »FedEx Earnings Rise on Solid Biz
FedEx reported fourth quarter and fiscal 2013 results. More: continued here
Read More »FedEx 4Q profit down, international customers choose cheaper service amid low-growth economy
DALLAS – FedEx Corp.’s fourth-quarter profit fell 45 per cent as international customers traded down to less-expensive delivery options and the company spent heavily on restructuring. More: continued here
Read More »FedEx Delivers Growth—Especially on the Ground
FedEx reported fiscal fourth-quarter earnings before the bell. Ex-items, the shipping company posted earnings of $679 million, or $2.13 a share, topping analysts’ consensus estimates of $1.96 per share. The outperformance came as a result of increased business, as well … Continue reading → More: continued here
Read More »FedEx shares dip on growth concerns
FedEx Corp said on Wednesday it was cutting its capacity between the United States and Asia, sending its shares lower on concerns about future growth, even as the world’s biggest air-freight company posted a stronger-than-expected profit. More: continued here
Read More »FedEx posts higher-than expected profit, will cut more capacity
FedEx Corp reported a higher-than-expected quarterly profit on Wednesday, sending its shares higher, but the world’s biggest air-freight company said it was cutting more capacity between the United States … More: continued here
Read More »FedEx 4Q profit drops as priority services lag
FedEx Corp.’s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options. Excluding charges, the results still beat Wall Street expectations. But the … More: continued here
Read More »FedEx Shares Slide on Growth Concerns
FedEx reported quarterly earnings that topped analysts’ expectations on Wednesday. More: continued here
Read More »FedEx Fourth-Quarter Profit Tops Analysts’ Estimates on Freight
FedEx Corp., the world’s largest cargo airline, reported fourth-quarter profit that exceeded analysts’ estimates, helped by its freight and ground delivery units. More: continued here
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