FedEx to build new distribution center in Georgia

FedEx today has released its fifth annual Global Citizenship Report, outlining the company’s efforts in its focus areas of Economics & Access, Environment & Efficiency, Community & Disaster Relief, and People & Workplace. More: continued here

MEMPHIS (TheStreet) – FedEx missed estimates but increased its fiscal 2011 guidance. The company said it earned $1.16 a share for the fiscal second quarter ended Nov. 30. Analysts surveyed by Thomson Reuters had expected earnings of $1.31 a share. Revenue rose 12% to $9.6 billion; analysts had estimated $9.7 billion. In premarket trading, FedEx…

The widow of a FedEx driver who triggered a deadly crash last year is speaking out for the first time. More: continued here

PEMBROKE PINES, Fla. — FedEx prides itself on reliability, but a mistaken delivery tipped off police to a 200-pound shipment of marijuana that someone tried to send from Pembroke Pines to Baltimore via the shipping company. More: continued here

FedEx cut its earnings forecast late Tuesday, citing "weakness in the global economy." More: continued here

Ground crews unload a cargo jet on the tarmac during the morning package sort at the FedEx Corp. Express Hub. The Memphis, Tennessee-based company issued $250 million of 4.5 percent notes due February 2065 at a yield spread of 200 basis points, Bloomberg data show. More: continued here