(Corrects that third-quarter profit exceeded estimates in fourth paragraph.) March 20 (Bloomberg) — FedEx Corp. said profit fell for the second consecutive quarter and forecast a drop in the current period and “limited earnings growth next year.” More: continued here
Read More »FedEx profit hit by economy, fuel (Reuters via Yahoo! News)
FedEx Corp on Thursday reported a higher-than-expected third-quarter net profit, but gave a low outlook for the current quarter citing soaring fuel prices and slowing U.S. economic growth, sending the package delivery company’s shares down more than 2 percent. More: continued here
Read More »The only thing saving eBay is no competition (CNET)
eBay has decided to restructure and downsize. Don Reisinger believes eBay is in serious trouble and must do something quickly if it wants to survive. More: continued here
Read More »Henry County post office evacuated after employees get sick – Atlanta Journal Constitution
Henry County post office evacuated after employees get sickAtlanta Journal Constitution, USA –1 hour agoBy MIKE MORRIS A Henry County post office was evacuated late Thursday morning after several employees became sick. Henry County fire Capt. …McDonough Post Office EvacuatedCBS 46all 3 news articles More: continued here
Read More »Ebay restructuring worldwide, cuts jobs (Reuters via Yahoo! News)
EBay Inc is restructuring its operations worldwide which will lead to a small cut in global staffing levels but with some countries hit harder than others, a company spokeswoman said on Thursday. More: continued here
Read More »Judge Judy is the solution to eBay's problems – BloggingStocks
Judge Judy is the solution to eBay's problemsBloggingStocks –1 minute agoWhile it's still the undisputed king of the online auction business, eBay (NASDAQ: EBAY) has its share of image and customer service problems. … More: continued here
Read More »Oil Prices Hurt Earnings at FedEx (New York Times)
FedEx said that its third-quarter earnings fell 6 percent on high oil prices and a slow American economy, but beat analysts? expectations. More: continued here
Read More »Government narrowly wins Post Office vote (Politics.co.uk via Yahoo! UK & Ireland News)
The government has narrowly averted losing a Commons vote calling for the planned Post Office closures to be suspended. More: continued here
Read More »The only thing saving eBay is no competition – CNET Blogs
The only thing saving eBay is no competitionCNET Blogs, CA –3 hours agoThere once was a day when the great eBay commanded respect and considerable power in the world of tech. Since then, the company has been relegated to a mere … More: continued here
Read More »EBay To Cut Jobs and Restructure – SearchViews
EBay To Cut Jobs and RestructureSearchViews, NY –1 hour agoReuters reports today that eBay will be cutting some staff in what a company spokesperson calls a “globalization and centralization effort. … More: continued here
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