NEW YORK (AP) — Investors reacted positively to FedEx ( NYSE: FDX ) stock today as the world's second-largest package delivery company promised to boost profits by shedding jobs, aircraft, and underused assets. More: continued here
Read More »FedEx unveils cost cutting plan; investors push stock up 3 per cent
NEW YORK, N.Y. – Investors are driving up shares of FedEx Corp. after the world's second-largest package delivery company promised to boost profits by shedding jobs, aircraft and underused assets. More: continued here
Read More »Investors get 1st look at big FedEx cost cut plan
Investors are driving up shares of FedEx Corp. after the world's second-largest package delivery company promised to boost profits by shedding jobs, aircraft and underused assets.FedEx plans to boost profit … More: continued here
Read More »FedEx trims view on 2013 global growth; U.S. view unchanged
Package delivery company FedEx Corp. on Wednesday cut its forecast for global growth in 2013 for the second time this year, citing slower growth in China, recession in some European economies and high energy prices. More: continued here
Read More »FedEx Express Changes Mapped, Reaction Positive
FedEx Corp. executives fleshing out the terms of the company’s goal of a $1.7 billion improvement in annual profitability over the next three-and-a-ha… More: continued here
Read More »FedEx outlines details of its push to boost profitability, no word on jobs
FedEx on Wednesday outlined building blocks of a new plan to boost profitability by $1.7 billion a year by the end of fiscal 2016. More: continued here
Read More »FedEx will cut thousands of jobs
Memphis-based shipping giant FedEx plans to shed thousands of jobs. And this morning Fred Smith, FedEx President, Chairman, and CEO, will hold a meeting at 10 a.m. to give further details. More: continued here
Read More »FedEx seeks $1.7 billion profit improvement over 4 years
FedEx Corp said on Tuesday it plans to sharply cut costs at its underperforming express air freight and services divisions, seeking to improve profits at those operations by $1.7 billion over the next … More: continued here
Read More »FedEx seeks $1.7b profit improvement over 4 years
NEW YORK: FedEx Corp said on Tuesday it plans to sharply cut costs at its underperforming express air freight and services divisions, seeking to improve profits at those operations by $1.7 billion over the next four years. More: continued here
Read More »Fedex To Boost Annual Profit By $1.7 Billion Over Three Years
Fedex To Boost Annual Profit By $1.7 Billion Over Three Years More: continued here
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