FedEx Corp. reported a 53% increase in earnings during the holiday quarter, boosted by lower fuel costs, milder weather and the shipping giant's recent restructuring moves.
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FedEx had reiterated a forecast of $8.50 to $9 a share on Jan. 23. “We expect the guidance to be viewed negatively as expectations were towards the high end of the prior range,” Helane Becker, a New York-based analyst with Cowen & Co., said in a note to clients. She rates FedEx shares the equivalent…
(Reuters) – FedEx Corp said it will raise shipping rates at its freight business by 3.9 percent, effective March 31. The rate increase is for FedEx Freight shipments within the United States including Alaska and Hawaii, as well as Puerto Rico and the Virgin Islands, Canada and within Mexico. The world's second biggest parcel delivery…
TechCrunch (blog) Dan Schulman To Lead Newly Independent PayPal, Devin Wenig Will Be CEO …TechCrunch (blog)So much for rebuffing Carl Ichan and his calls to split the company: eBay today announced that it would split itself into two separate, publicly traded businesses, with an ex-American Express executive, Dan Schulman, heading up the new PayPal, and…
Tiger Woods at the BMW Championship. LEMONT, Ill. – Leave it to the PGA Tour to find the upside of Tiger Woods missing out on the Tour Championship. More: continued here
eBay's Magento Creates Solutions Program to Help Merchants Sell MoreMotley FoolE-Commerce platform provider and eBay (NASDAQ: EBAY ) division, Magento, unveiled the Solution Partner program to help merchants choose the right, third-party solutions provider. Magento created the program after recognizing that a holistic, Magento …EBAY INC : Merchant Growth Creates Demand for Magento's New Solution…
Two former FedEx Kinkos executives are joining Warehouse86, a liquidation company founded by Paul St. James. More: continued here