Stenson claims FedEx Cup crown

predicted following the end of its fiscal third quarter, the company posted a strong financial performance for its fiscal fourth quarter ended May 31. More: continued here

NEW YORK (AP) – An analyst upgraded shares of FedEx Corp. to “Outperform” from “Underperform,” saying slight improvements in global package volume, wa…. More: continued here

FedEx Corp. announced a general rate increase of 5.5 percent Wednesday for its FedEx Freight trucking division. The demand for freight shipping is “severely restrained” by the weak national economy, the company said, noting the 6 percent drop in less-than-truckload shipments with FedEx Freight from a second-quarter earnings report last week. The rate hike for…

Yahoo News Icahn pulls proposal that eBay sell off PayPalYahoo NewsNEW YORK (Reuters) – Activist investor Carl Icahn has dropped his call for eBay Inc to split off its fast-growing PayPal payments unit but has suggested he would keep pressure on the e-commerce company. EBay said on Thursday that it had settled its … More:…

Woods hasn’t played an official event since winning the Tour Championship by eight shots in September, a victory that clinched the world No. 1 the first- ever FedEx Cup and its $10 million top prize. More: continued here

FedEx will benefit from an upcoming aviation fuel tax reduction being introduced by the Manitoba government. The tax for cargo flights will drop from 3.2 cents per litre to 1.5 July 1st. More: continued here