FedEx Blames Weather for Third-Quarter Miss
FedEx posted fiscal-third-quarter profits that widely missed Street views. The shipping giant said winter weather disrupted operations. More: continued here
FedEx posted fiscal-third-quarter profits that widely missed Street views. The shipping giant said winter weather disrupted operations. More: continued here
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(Reuters) – FedEx Corp , the world's No. 2 package delivery company, posted lower-than-expected results on Wednesday and forecast a weaker full year profit view, saying it was significantly hurt by winter storms. For the full year the company now expects to earn $6.55-6.80 a share, while analysts on average were looking at earnings of…
Icahn Sounds Off After EBay Spurns Request For Skype DocsLaw360 (subscription)Law360, New York (March 18, 2014, 8:03 PM ET) — Carl Icahn fired back Tuesday at eBay Inc.'s assertions that he had no legal right to peek into the company's books and records in connection with its 2009 sale of Skype, saying the truth will…
FedEx Corp. (FDX) , operator of the world’s largest cargo airline, cut its full-year profit forecast after winter storms caused fiscal third-quarter results to fall below analysts’ estimates. More: continued here
FedEx Corp on Wednesday reported lower-than-expected results for the holiday quarter and gave a fiscal-year profit forecast below Wall Street estimates, the latest in a line of companies saying they were hurt by winter storms. The world's No. 2 package delivery company said the unusual weather had disrupted operations, reduced shipping volumes and increased costs,…
THE Post Office is now opening its city centre branch on Sundays.Customers will now be able to use the Post Office within the WHSmith store at the intu Potteries shopping centre, in Hanley, from 10am to 2pm every Sunday.It is part of moves to extend opening hours at post office branches.John Dutton, Head of Post…
DALLAS (AP) — FedEx Corp. says its latest quarterly profit rose 5 percent from a year ago despite storms that raised the company's costs, but the results were below analysts' expectations. More: continued here
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FedEx reported disappointing fiscal third-quarter 2014 results before markets opened Wednesday morning. The package delivery services provider also lowered its EPS forecast for the full year. More: continued here