Fedex Cuts 3Q Profit Target On Storms, Fuel Costs

When the FedEx delivery truck pulled up to his Shelbyville car lot last week, Brent Sandman grew wary. But only normal paperwork was in the packet dropped off by the driver, rather than the dreaded notice from General Motors. More: continued here

Ed Gullo never thought he’d be on this side of a package delivery. Gullo, 61, of Newburgh, N.Y., is driving a truck for FedEx during the holiday shipping rush that started after Thanksgiving. Gullo is no veteran truck driver. He’s a news writer with experience at ABC and CNN, who found gigs hard to come…

Saying “times have changed,” FedEx (FDX) announced it will not advertise during Super Bowl 43, set for Tampa Bay, Fla., on Feb. 1. More: continued here

EBay Says Icahn Proposes PayPal SpinoffBloombergEBay Inc. (EBAY) said activist investor Carl Icahn has proposed splitting off its PayPal online payments unit and is nominating two of his employees to join the board, sending shares of the largest online marketplace surging. Icahn earlier this month … More: continued here

FedEx Corporation (NYSE: FDX ) reports fiscal Q3 earnings results Wednesday before the market open. The Street expected adjusted EPS of $1.87 on revenue of $11.79 billion. For Q4, adjusted EPS was estimated … More: continued here

News Every day Nintendo NES Classic For $4900 to $88000? Scalpers And Resellers on eBay and Craigslist Demanding High Prices …News Every dayAccording to the Mic Network, auction site eBay is selling an NES Classic every 18 seconds on launch day, with resellers making as much as $170 profit from the original $60 price. Most…