FedEx Corp cut its earnings forecast for the current quarter, citing disruption from winter storms in the United States and Europe and higher fuel prices, sending shares lower in post-market trading.
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FedEx beat analysts’ expectations as its net income rose 126 percent, but lowered its outlook on a forecast of sluggish growth and a mild recession for Europe. More: continued here
Dec. 7 (Bloomberg) — FedEx Corp. said it had earnings of about $1.10 a share for the second quarter ended Nov. 30. The company’s previous forecast for the quarter was 65 cents to 95 cents a share. More: continued here
FedEx Corp. said Monday it plans to stop using the Kinko’s name on its copy and office service stores and book an $891 million charge for the quarter that ended Saturday. The charge relates to the value of the Kinko’s name and a write-down of the value of its acquisition of the brand. The charge,…
As GM eBay Program Extends, Edmunds.com Advises Car Shoppers on …Reuters(Business Wire)– In its evaluation of the General Motors eBay pilot program, Edmunds.com, the premier online resource for automotive information, …and more » More: continued here
In the PGA Tour's version of "Star Trek," otherwise known as the FedEx Cup playoffs, Brandt Snedeker might boldly go where no man, or Cup winner, has gone before, back to the Tour Championship. More: continued here
Jordan Spieth used words like 'incredible' and 'amazing' to describe Liberty National Golf Club. He can be forgiven. He's only 20. More: continued here