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FedEx Adds 4,000 Fuel Efficient Vehicles

, July 7, 2011 (ENS) – FedEx Express is expanding its fleet of all-electric and less polluting, energy efficient vehicles. FedEx Express will place 24 new all-electric vehicles into service by the end of August, expanding to three new cities and more than doubling its fleet to 43 EVs. More: …

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eBay Acquires Mobile Payments Provider Zong for $240M – Mashable

Siliconrepublic.com eBay Acquires Mobile Payments Provider Zong for $240MMashableEyeing a shift in consumer habits, eBay has announced it is buying Zong, a provider of payments through mobile carriers, for $240 milllion. The cash acquisition will let consumers pay for purchases from their phones or computer by using their mobile …eBay …

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FedEx 4Q net income up 33%

NEW YORK (AP) — FedEx Corp. expects the global economy to hit a higher gear later this year as fuel prices retreat from three-year highs and the Japanese economy recovers. More: continued here

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FedEx 4Q results bode well for economy

FedEx 4Q results bode well for economy By CHRIS KAHN The Associated Press Published Jun 22, 2011 07:33AM MDT New York • FedEx Corp. says the global economy will continue to see moderate growth as fuel and other costs subside. The world’s second-largest package delivery company said Wednesday it overcame …

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As profit rises 32%, FedEx is optimistic

FedEx Corp. , the second-largest package-shipping company, said quarterly profit excluding some items rose 32 percent from a year earlier to $1.75 a share. Analysts surveyed by Bloomberg estimated $1.72, on average. FedEx said it expects global economic growth to continue. Analysts consider FedEx and UPS Corp. results important economic …

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