This morning the irresistible force of enthusiasm represented by the all-time highs of the Dow Jones Transportation Average (^DJT) met the immovable reality of global economic weakness when FedEx (FDX) reported a stink-bomb of a quarter. The global shipping juggernaut came in at $1.23 in earnings per share on revenues …
Read More »FedEx buyout deadline passes at midnight
Last call for FedEx buyouts today More: continued here
Read More »The Zacks Analyst Blog Highlights: Citigroup, General Electric, FedEx , Caterpillar and Goldman Sachs
The Zacks Analyst Blog Highlights: Citigroup, General Electric, FedEx , Caterpillar and Goldman Sachs More: continued here
Read More »Photo From Century-Ago Wakefield Fire Spotted on eBay – Patch.com
Photo From Century-Ago Wakefield Fire Spotted on eBayPatch.comFrom time to time as a Patch.com editor, I've run columns about photos found on eBay that are of historical interest to local residents. This latest image shows a fire that destroyed what appears to be part of a block of the downtown …
Read More »News Summary: FedEx profit falls
FEDEX FALLS: FedEx Corp.’s third-quarter profit dropped 31 percent from a year ago, to $361 million, and fell short of analysts’ forecasts.SLOW ROAD: The company trimmed its forecast for earnings in the … More: continued here
Read More »What if eBay Is Right and Paid Search Is Worthless? – ClickZ
What if eBay Is Right and Paid Search Is Worthless?ClickZBy now, everyone in the search marketing industry has read either the full study recently conducted by eBay about search, or has at least seen some of the coverage of the report. For those too busy focusing on transitioning to Google's …
Read More »FedEx Joins Boeing With CVS In Renewed Tax Rate Cut Pitch
The executives are sending a letter to congressional leaders today, urging action on the one-year anniversary of Japan’s rate cut, which left the U.S. and its 35 percent statutory corporate tax rate as the highest in the industrialized world. More: continued here
Read More »FedEx reports 31 per cent drop in quarterly profit, sees full-year earnings below expectations
DALLAS – FedEx said Wednesday that third-quarter profit fell 31 per cent as customers shifted to slower and less-expensive international air-shipping options, and it cut its forecast of full-year earnings…. More: continued here
Read More »FedEx faces challenges over global trade slowdown, rising energy prices
CHICAGO — As FedEx celebrates its 40th anniversary in April, the world’s leading delivery services giant is facing many challenges in an uncertain global economy, a senior company executive said. More: continued here
Read More »eBay Plans To Double Its Sales To $300 Billion In The Next 3 Years And Take … – Business Insider
Business Insider eBay Plans To Double Its Sales To $300 Billion In The Next 3 Years And Take …Business InsidereBay CEO John Donahoe at the 2013 Goldman Sachs Technology and Internet Conference. eBay has aggressive plans over the next three years to make it more competitive with Amazon. It told …
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