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News Summary: EBay posts higher 3Q earnings – Businessweek

News Summary: EBay posts higher 3Q earningsBusinessweekSTILL GROWING: EBay Inc.'s net income grew 22 percent in the third quarter thanks to higher revenue at its PayPal payments service and the marketplaces business that includes eBay.com. 2012 OUTLOOK HIGHER: EBay raised its full-year guidance … More: continued here

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Farewell to FedEx Office in Yuba City

FedEx Office is closing its Yuba City store – a fate 27-year-old sales associate Navin Kalyan learned when the district manager and human resources representative came to the business on Harter Parkway near Home Depot. "It's a corporate store, so the big corporate guys decided… More: continued here

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Heart to Heart Honors FedEx with Heart for Humanity Award

Heart to Heart International Inc., a leading humanitarian organization based in suburban Kansas City, announced today that it is presenting long-time corporate supporter FedEx with its highest honor, the Heart for Humanity Award, as part of the organization’s 20-year celebration on Friday, Oct. More: continued here

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Shipment Shrinkage Hurts FedEx, UPS

FedEx Corp. and competing cargo airlines are finding their yields squeezed in an economy that Alan Greenspan once observed is putting good things in ever-smaller packages. Both FedEx and United Parcel Service Inc. have posted drops in revenue per package this year. With clients used to paying by weight, softer …

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FedEx chair bullish on commitment to Memphis

MEMPHIS, Tenn. (AP) — The founder and chairman of FedEx Corp. says the world's second-largest package delivery company remains committed to Memphis despite a restructuring that will mean cutting jobs, aircraft and underused assets. CEO Frederick Smith said continued growth at the FedEx Express world hub and other Memphis-based enterprises …

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Gloomy on Economy, FedEx Eyes More Cuts

FedEx Corp. is not expecting a boost in economic activity anytime soon, so the world's second-largest package delivery company announced plans Wednesday to boost profits by shedding jobs, aircraft and underused assets. More: continued here

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