NEW YORK — FedEx, the world's second-largest package delivery company, posted a 12 percent decline in second-quarter profits Wednesday due to weakness in its air network and the impact of Superstorm Sandy. The storm shaved 11 cents per share off of earnings for the quarter as shipping volumes fell and …
Read More »FedEx Hit by Sandy, Misses EPS
FedEx Corporation reported second quarter fiscal 2013 adjusted earnings of $1.39 per share. More: continued here
Read More »FedEx buying 4 new Boeing freighters
FedEx Corp. has ordered four new Boeing 767 freighters in an ongoing effort to replace its old workhorses with more fuel-efficient planes.Financial terms weren't disclosed. The sticker price on a 767 freighter … More: continued here
Read More »Bellwether FedEx Sounds Mixed Message: Weak Economy, Except On The Web
FedEx's performance is hurting, the result of cost-conscious customers looking for cheaper shipping methods. The world's second-largest package-delivery company sees "persistent weakness" in the global economy, CEO Fred Smith says, though a few rays of light shine through the gloom that Smith detailed today in the company's quarterly report. More: …
Read More »FedEx Corp. Reports Second Quarter Earnings
FedEx Corp. today reported earnings of $1.39 per diluted share for the second quarter ended November 30, compared to $1.57 per share last year. Superstorm Sandy impacte More: continued here
Read More »Big earnings Wednesday: FedEx, General Mills
MarketWatch’s rundown of companies scheduled to post financial results Wednesday. More: continued here
Read More »Why FedEx Is a Buy Ahead of Earnings
Why FedEx Is a Buy Ahead of Earnings More: continued here
Read More »Making Money with Shipping Giants FedEx and UPS
Making Money with Shipping Giants FedEx and UPS More: continued here
Read More »Research and Markets: FedEx Corporation – Business Overview of this Major American Courier Company
Research and Markets has announced the addition of the "FedEx Corporation" report to their offering. More: continued here
Read More »FedEx's Path Gets Riskier
FedEx Corp. has conceded that it needs to clip its wings. On Wednesday, investors and analysts will see how that painful process is going. The company's less-profitable ground and freight businesses have … More: continued here
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