NEW YORK, N.Y. – 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
Read More »Satellite doom day set for Friday – CBS News
The Huntsville Times – al.com (blog) Satellite doom day set for FridayCBS NewsIt's against the law to keep it as a souvenir or sell it on eBay. NASA's advice is to report it to the police. The 20-year-old research satellite is expected to break into more than 100 pieces as …
Read More »FedEx cuts fiscal-year outlook; shares fall
WASHINGTON (MarketWatch) — FedEx Corp. said Thursday its fiscal first-quarter earnings rose 22% to $464 million, or $1.46 a share, from $380 million, or $1.20 a share, in the year-ago period. Revenue increased 11% to $10.52 billion, driven by the shipping company’s ground and freight services. Analysts surveyed by FactSet …
Read More »FedEx profit rises; pares 2012 outlook
(Reuters) – FedEx Corp , the world’s No. 2 package delivery company, reported a higher quarterly profit that slightly beat forecasts but pared its outlook for the full year, citing fuel prices and moderate global economic growth. More: continued here
Read More »FedEx Falls to Lowest Since 2009 After Cutting Profit Forecast
FedEx Corp., operator of the world’s biggest cargo airline, fell to a two-year low after cutting its full-year profit forecast amid declining demand in the U.S. and Asia. More: continued here
Read More »FedEx honored for new services at FedEx Office
Memphis-based FedEx Corp. has been honored by InformationWeek Business Technology Network for new services at FedEx Office. More: continued here
Read More »FedEx Cup profile: Is Dustin Johnson ‘Mr. Playoffs’?
The FedEx Cup playoffs are here, and that means there are just 30 guys with a chance to win the biggest monetary prize in all of golf. Let’s continue to run down the list, shall we? Let’s face it; Dustin Johnson hasn’t had the type of year most thought he …
Read More »FedEx seen cutting outlook with economy stalled
(Reuters) – FedEx Corp is seen reporting higher quarterly results than a year ago on Thursday, but analysts are more keen to see if the No. 2 package delivery company cuts its full-year guidance because stalled global economic growth has stifled volume. More: continued here
Read More »FedEx Cup profile: Can Webb Simpson handle the pressure?
The FedEx Cup playoffs are here, and that means there are just 30 guys with a chance to win the biggest monetary prize in all of golf. We conclude the rundown with the playoff frontrunner. Imagine for a second that you actually had a five-foot putt to win a PGA …
Read More »HP stock rises after reports CEO might be replaced – Boston Globe
USA Today HP stock rises after reports CEO might be replacedBoston GlobeHewlett-Packard reportedly is considering replacing Leo Apotheker with former eBay chief executive Meg Whitman. By Jordan Robertson Associated Press / September 22, 2011 SAN FRANCISCO – As trial balloons go, Hewlett-Packard's not-so-secret handwringing …HP may oust CEO, hire eBay …
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