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
Read More »FedEx 1Q More Than Doubles; 2Q View Cautious
FedEx 1Q More Than Doubles; 2Q View Cautious More: continued here
Read More »FedEx profit doubles, but shy of Wall Street view
FedEx Corp reported a profit that slightly trailed Wall Street’s revised expectations and set a light second-quarter forecast, sending its shares down about 3 percent on Thursday. More: continued here
Read More »FedEx doubles quarterly profit, but plans job cuts
FedEx doubled is profit, but also plans to cut jobs and shutter facilities to lower costs in 2011 More: continued here
Read More »FedEx 1Q Net More Than Doubles;Shares Down As 2Q View Cautious
FedEx 1Q Net More Than Doubles;Shares Down As 2Q View Cautious More: continued here
Read More »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
Read More »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
Read More »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
Read More »FedEx Doubles Profit, to Merge Units
FedEx said it will lay off 1,700 as it merges two divisions, and issued new guidance. More: continued here
Read More »FedEx lifts adjusted profit range for fiscal 2011; to combine freight operations, cut jobs
FedEx lifts adjusted profit range for fiscal 2011; to combine freight operations, cut jobs More: continued here
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