FedEx Corp. says the global economy is stalling, and it's going to get worse next year. More: continued here
Read More »Fedex warns of weakening economy
Global shipping service company Fedex cuts its full-year profit forecast, warning that the global economy is continuing to weaken. More: continued here
Read More »FedEx cuts 2013 profit target; shares fall 2 pct
By Scott Malone REUTERS – FedEx Corp(NYS:FDX) lowered its fiscal 2013 profit target on Tuesday, saying earnings could slide as much as 6 percent for the year, as a weakening world economy prompts customers … More: continued here
Read More »FedEx’s Downbeat Results: It’s the Economy, Stupid
FedEx reported its fiscal first-quarter profit declined 1.1% and lowered its full-year earnings forecast. A weak global economy and tepid manufacturing activity around the globe were the culprits for the downbeat results. More: continued here
Read More »eBay removes Kate magazine listings – The Press Association
scallywagandvagabond eBay removes Kate magazine listingsThe Press AssociationCopies of French Closer magazine featuring topless photos of the Duchess of Cambridge have been removed from the online auction site eBay. A spokeswoman said: "Following strong feedback from the eBay community, we will be removing these items, and …Controversial magazine up for …
Read More »FedEx Corp. Reports First Quarter Results
FedEx Corp. today reported earnings of $1.45 per diluted share for the first quarter ended August 31, compared to $1.46 per share last year. More: continued here
Read More »FedEx lowers 2013 profit view, plans air cost cuts
FedEx Corp lowered its fiscal 2013 profit target on Tuesday, saying earnings could slide as much as 6 percent for the year, as a weakening world economy prompts customers to shift toward lower-priced and … More: continued here
Read More »FedEx Trims Full-Year Outlook as Premium Demand Shrinks
FedEx Corp. (FDX) reduced its profit outlook for the year through May after quarterly earnings dropped for the first time in almost three years amid reduced demand for premium shipping services. More: continued here
Read More »FedEx says economy is worsening, cuts outlook
FedEx Corp. says the global economy is worsening and it's cutting its forecast for the fiscal year ending in May.The world's second largest package delivery company also said Tuesday that net income for … More: continued here
Read More »Indications: Stock futures lower; FedEx awaited, Spain eyed
U.S. stock index futures drift lower Tuesday, as investors brace for earnings from economic bellwether FedEx and keep an eye on rising Spanish bond yields. More: continued here
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