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FedEx delivers int’l profits but cuts US jobs

FedEx Corp. indicated Thursday that the global economic recovery remains uneven. It said strength in international shipments are driving profits, but also announced plans to cut 1,700 jobs in an attempt to fix its money-losing U.S. trucking business. More: continued here

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FedEx 1Q profit doubles; will cut 1,700 jobs

FedEx Corp. indicated Thursday that the global economic recovery remains uneven. It said strength in international shipments are driving profits, but said it will cut 1,700 jobs in an attempt to fix its money-losing U.S. trucking business. More: continued here

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FedEx profit doubles; will cut 1,700 jobs

FedEx Corp. indicated Thursday that the global economic recovery remains uneven. It touted strength in its international shipping operations while moving to fix the weak spot in its business: its money-losing U.S. trucking business. More: continued here

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FedEx profit lags Street view

FedEx Corp forecast profit for the current quarter that missed expectations and its CEO warned that the economic recovery’s pace may slow, pushing shares down more than 3 percent. More: continued here

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