NEW YORK (TheStreet) — Shares of FedEx Corp. are higher by 4.40% to $174 in pre-market trading on Tuesday morning, after the package delivery service company announced it is buying Netherlands-based international courier TNT Express for $4.8 billion in order to expand its presence in Europe.TheStreet's Jim Cramer, Portfolio Manager …
Read More »EBay merchants switching to Amazon.com
EBay, which pioneered the idea of an Internet marketplace where merchants big and small could hawk wares, is threatened by merchants migrating to Amazon.com. More: continued here
Read More »FedEx to buy TNT for $4.8 billion to take on rivals in Europe
FedEx Corp is to buy Dutch package delivery firm TNT Express for an agreed 4.4 billion euros ($4.8 billion), stepping up the challenge to rivals United Parcel Service and Deutsche Post in Europe. European regulators blocked a 2013 takeover of TNT by UPS due to concerns it would stifle competition, …
Read More »FedEx buys TNT for $4.8 billion; stock surges
FedEx Corp. will buy Dutch package delivery firm TNT Express for $4.8 billion, aiming to expand its presence in Europe and around the world. FedEx will offer 8 euros in cash per TNT share to investors in a deal that will give TNT customers access to FedEx's global distribution platform. More: continued here
Read More »Why Fedex Corporation Inc’s Takeover Of TNT Express NV Makes Me Want To Buy Royal Mail PLC
Royston Wild explains what Fedex Corporation Inc's (NYSE: FDX) decision to buy TNT Express NV (AMS: TNTE) means for Royal Mail PLC (LON: RMG). More: continued here
Read More »Call for support for mini-bus link
COMMUNITY Action Ledbury is looking for more benefactors to keep the mini-buses running regularly to Colwall Post Office, while Ledbury Post Office is closed for refurbishment. More: continued here
Read More »FedEx agrees to take over Dutch rival TNT Express
THE HAGUE, Netherlands (AP) — American package delivery service FedEx has agreed to take over Dutch rival TNT Express, one of Europe's largest delivery companies, for 4.4 billion euros ($4.8 billion), the companies announced Tuesday, in a move FedEx said will strengthen its business around the world. More: continued here
Read More »From the Old Post Office to FBI headquarters, GSA gets creative with federal … – FederalNewsRadio.com
FederalNewsRadio.com From the Old Post Office to FBI headquarters, GSA gets creative with federal …FederalNewsRadio.comHe pointed to the Old Post Office Building as an example. "Technically, the property was being used, but clearly, it wasn't the highest and best use," he said. "It was a couple of small agencies and …
Read More »FedEx to buy TNT for $4.8 billion to expand Europe deliveries
FedEx Corp is seeking to buy Dutch package delivery firm TNT Express for an agreed 4.4 billion euros (£3.2 billion), aiming to succeed where United Parcel Service failed two years ago when its bid was blocked by competition regulators. FedEx and TNT said on Tuesday they did not expect significant …
Read More »FedEx Bids $4.8 Billion for TNT Two Years After UPS Deal
FedEx Corp. agreed to buy struggling Dutch logistics company TNT Express NV for 4.4 billion euros ($4.8 billion) to expand in Europe, two years after regulators blocked United Parcel Service Inc.’s own bid for the company. UPS in January 2012 offered 9.50 euros for each TNT share before pulling out …
Read More »