June 2 (Bloomberg) — FedEx Corp., the largest air-cargo shipper, will change the name of its FedEx Kinko’s unit to FedEx Office and will record associated costs of $696 million.
More: continued here
FedEx Corp. rose to a four-week high as investors focused on strength in shipping demand rather than a reduced quarterly earnings forecast the company attributed to winter storms and rising fuel prices. More: continued here
With last week’s win, which was somewhat unexpected since he wasn’t going to play in the Zurich Classic in New Orleans until his mother talked him into it, Watson jumped nine spots to the top of the FedEx Cup standings. More: continued here
FedEx’s freight unit says it will lay off 900 employees, saying that sluggish demand has declined further so far this year. FedEx Freight, a subsidiary of FedEx Corp., said the unit is not gaining market share fast enough to offset the steep declines in customer demand. More: continued here
ATLANTA — Vijay Singh has won the FedEx Cup, finishing four rounds at the Tour Championship to clinch the PGA Tour’s points race and earn a $10 million bonus. More: continued here
UMM AL QUWAIN — ETA Ascon will meet Fedex XI in the final of the third UAQ Corporate Cricket Tournament, organised by Kashmir Cricket Club at Umm Al Quwain. The 25-over tournament for ‘B’ Division teams is being conducted under the leadership of Mushtaq Ahmed, a Press release said. More: continued here
Quincy police are asking for the public’s help tracking down a man who assaulted and tried to take a package from a FedEx driver making a delivery at a North Quincy apartment building late last month. More: continued here