FedEx Breaks Ground On Cold-Storage Facility

FedEx report is a window on warns about weak traffic and customers shifting to slower service hurt results More: continued here

HICKORY — FedEx is eyeing two locations for an expansion down the road. The internationally known company is considering two locations in the southern portion of Fairgrove Business Park for a $5 million expansion of its local FedEx Ground division operations. The operation would roughly double in size and number of employees. The new location…

(AP:CHICAGO–) (BUSINESS WIRE) _ Jul. 10, 2008–Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. More: continued here

eBay: Calm Before The SplitSeeking AlphaeBay (NASDAQ:EBAY) will report its Q2 numbers on Thursday. While the investment community prepares for the PayPal and Marketplace separation scheduled for next Friday, the bottom line is that both eBay and PayPal continue to face severe competitive … More: continued here

MEMPHIS — FedEx Corp. announced Wednesday a general rate increase of 5.5 percent for its FedEx Freight trucking division, to take effect Jan. 14. The Memphis-based shipping company noted a 6 percent drop in less-than-truckload shipments with FedEx Freight in second-quarter earnings report last week. The demand for freight shipping is “severely restrained” by the…

NEW YORK — FedEx Corp. said Thursday its fiscal first-quarter earnings fell 22 percent, but still met Wall Street’s expectations, as cost cuts partially offset the impact of slowing global growth. More: continued here