FedEx Outperforms on Record Volume

FedEx third quarter's earnings surpassed the Zacks Consensus Estimate by 19 cents and the year-ago earnings by 74 cents on strong yields, record holiday shipping and a solid performance by FedEx Ground…. More: continued here

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EU regulators clear Royal Mail pension revamp – Reuters UK

EU regulators clear Royal Mail pension revampReuters UKBy Neil Maidment | LONDON (Reuters) – Privatisation of Royal Mail Group moved a step closer after EU regulators approved government plans to take on its deficit-ridden pension scheme. The European Commission said on Wednesday the revamp included … More: continued here

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FedEx shares down on outlook

SAN FRANCISCO (MarketWatch) — FedEx shares fell 4% to $92.23 early Thursday. FedEx trimmed its global economic growth forecast due to euro zone weakness and issued a its fourth-quarter profit outlook of $1.75 to $2 a share. Analysts are expecting FedEx to earn $2, according to FactSet. FedEx also said …

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FedEx Beats Earnings Estimates

NEW YORK (TheStreet) — FedEx beat analysts' third-quarter estimates reporting earnings of $521 million, or $1.65 a share, up from year-earlier earnings of $231 million, or 73 cents. Adjusted profit in the quarter was $1.55 a share. Revenue rose to $10.56 billion from $9.66 billion a year earlier. … Click …

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