FedEx Q3 Profit Misses Estimates, But Revenues Top; Slashes 2013 Outlook

Package delivery giant FedEx Corp. reported Wednesday a profit for the third quarter that declined 31 percent from last year, hurt by shrinking operating margins at FedEx Express as customers found cheaper ways to ship freight. Adjusted earnings per share missed analysts’ expectations, while quarterly revenues topped their estimates by …

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eBay Competitor Auctionata Raises $20 Million – NASDAQ

VentureBeat eBay Competitor Auctionata Raises $20 MillionNASDAQUnlike eBay (NASDAQ: EBAY ), Auctionata wants to bring "all the thrill of the auction room to life for everyone online, for the first time." The site uses a "patented real-time auction system" and employs a "team of international experts, state …Auctionata gets $20.2 …

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