FedEx Cuts Profit Forecast as Weak Economy Damps Express Sales
FedEx Corp. (FDX) said earnings for the quarter that ended Aug. 31 will be short of its forecast after a weak global economy damped revenue from express shipments. More: continued here
FedEx Corp. (FDX) said earnings for the quarter that ended Aug. 31 will be short of its forecast after a weak global economy damped revenue from express shipments. More: continued here
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The lowered expectations come at a time when FedEx Corp. is planning a major restructuring to improve profitability of its flagship division, FedEx Express. More: continued here
(Sept 5): FedEx Corp, the world's second-largest package delivery company, cut its profit outlook for the current quarter, saying weakness… More: continued here
Parrikar stamps his authority to give mining lobby a break of Rs 1500 crHerald PublicationsPANJIM: In a little noticed move, the addition of just two paragraphs in The Indian Stamp Goa Amendment Act 2012 ~ moved as an amendment on the last day of the recently ended Monsoon Session of the Goa Assembly — has…
ZURICH: A post office near the Swiss city of Zurich was evacuated Tuesday after an unidentified substance was found in the building, with 20 people complaining of becoming ill, the police said. More: continued here
FedEx cut its earnings forecast late Tuesday, citing "weakness in the global economy." More: continued here
FedEx Corp. today announced that earnings for the first quarter ended August 31, 2012 are expected to be in the range of $1.37 to $1.43 per diluted share, compared to $1.46 per diluted share last year. More: continued here
SAN FRANCISCO (MarketWatch) — FedEx said late Tuesday profit for the quarter ended Aug. 29 will be below the company's original target. The announcement sent FedEx shares down 4% to $84 in after-hours … More: continued here