March 20 (Bloomberg) — FedEx Corp. said profit fell for the second straight quarter and cut its forecast for the current period as an economy teetering on the brink of recession reduced demand for U.S. package-delivery services.
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For the first quarter, we expect to see continued growth at FedEx's Ground segment driven by e-commerce volume growth. However, loss of volumes from one customer for FedEx's SmartPost service will be a matter of concern. Additionally, a shift in demand towards low-priced services may continue to impact FedEx' Express segment. More: continued here
The Ticker Tape (blog) Subscriptions and Auctions: eBay and AT&T Release Earnings WedThe Ticker Tape (blog)As the earnings parade continues, two firms keeping a close eye on their user bases—telecommunications and media giant AT&T (T) and online auction site eBay (EBAY)—prepare to open their books after the market closes Wednesday.eBay Inc. (EBAY) to Release Earnings…
eFluxMedia Yahoo Expands Privacy Controls Across Portal As Regulatory …Washington Post, United States –14 hours agoThe company already allows users to opt-out of ads its serves on third-party sites like eBay ( NSDQ: EBAY). Late last year, internet marketing companies …Yahoo to let users opt out of targeted adsLos Angeles TimesThe Humble Oil building in its 2003…
Journal Transcript eBay Inc (NASDAQ:EBAY): Continue to GrowStreet ReportThe duo will create a new platform called eBay Powered by MallforAfrica, to open up transactions between U.S. sellers with a rating of 300 and above and African buyers. African buyers will have access to a variety of U.S. items that are being sold on …Today's Top…
eBay: Cars, boats and, just maybe, Miss.'s jetThe Associated Press –4 minutes agoThe jet can be sold by competitive bid or on eBay. It costs about $1600 an hour to operate. House Appropriations Chairman Johnny Stringer says selling the … More: continued here
Apparent takeover talks with a Dutch firm shows it is looking for profits in Europe. More: continued here