USA Today Meg Whitman Is Named Hewlett-Packard ChiefNew York TimesMeg Whitman, eBay's former chief executive, was named to lead Hewlett-Packard on Thursday, the company said. Meg Whitman, the former chief executive of eBay, lost in her recent bid to become governor of California. …HP names eBay veteran Meg Whitman as new CEOUSA TodayFormer eBay CEO…
FedEx stock fell to its lowest level since December 2008 on Thursday. More: continued here
FedEx Corp. says consumers are putting off purchases of electronics and other gadgets from China, another example of the global economic slowdown that’s prompting fears of another recession. More: continued here
FedEx Corp., operator of the world’s biggest cargo airline, had its biggest drop since December 2008 after cutting its full-year profit forecast amid declining demand in the U.S. and Asia. More: continued here
FedEx first quarter earnings fell by a penny from our estimate but was up from the year-ago quarter. Revenue improved on strong volumes and yield. More: continued here
(Reuters) – FedEx Corp , the world’s No. 2 package delivery company, reported a higher quarterly profit but pared its outlook for the full year, citing fuel prices and moderate global economic growth, sending its shares down some 10 percent. More: continued here
MEMPHIS TheStreet) — FedEx said fiscal first-quarter earnings rose 22% — even as demand for global cargo flights declined — and it slightly reduced its full-year guidance. For the fiscal first quarter, which ended Aug. 31, the company reported earnings of $464 million, or $1.46 a share. Analysts surveyed by Thomson Reuters had estimated $1.45…
FedEx Corp. (NYSE: FDX) today reported earnings of $1.46 per diluted share for the first quarter ended August 31, compared to $1.20 per diluted share a year ago, a year-over-year increase of 22%. More: continued here
FedEx Corp., operator of the world’s biggest cargo airline, cut its full-year profit forecast as volumes declined amid a slowing economic recovery. More: continued here
FedEx Corp. on Thursday cut its earnings expectations for the fiscal year ending in May due to slowing global economic growth. But, like rival UPS, it’s not ready to project another recession. More: continued here