A lot of people talk about Federal Express as an economic bellwether. And even though FedEx reported a lower than expected profit Thursday, we should all hope that more companies follow the shipping giant’s lead.
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Package delivery giant FedEx Corp. reported Wednesday a profit for the second quarter that declined 12 percent from last year, hurt by lower operating margins. Striping down the impact of Superstorm Sandy, adjusted earnings per share and quarterly revenues topped analysts' expectations. FedEx also maintained its earnings outlook for the full-year 2013. More: continued here
Recently bankrupt ATA Airlines has filed a lawsuit against FedEx Corp, seeking damages following the decision to cancel a military charter contract. More: continued here
Dec. 17 (Bloomberg) — FedEx Corp. stunned investors a week ago by slashing its annual profit forecast, sending the stock down the most in 21 years. Job cuts may be next at the shipper, a proxy for the U.S. economy. More: continued here
Police are looking for a man suspected of robbing a Glendale jewelry store dressed in a FedEx uniform. Photo Credit: Shutterstock More: continued here
During the question-and-answer part of FedEx Corp.’s earnings conference call Thursday, the first question came from Morgan Keegan & Co. analyst A…. More: continued here
Irish Examiner Damn Daniel Vans Selling for $300K on eBayRackedIf you're not familiar with Damn Daniel, 1. It's the best 2. It's a short clip of a teenaged boy strutting in different outfits while the narrator compliments his different sartorial choices — particularly his white Vans. Since being posted to Twitter …'Damn Daniel' meme sees…