Singapore News Alternative (Free subscription) | 07/07/2008
MFFAIS LONG BEACH (Mffais.com) - Temasek Holdings Private Ltd added the FedEx Corp (FDX) company to their portfolio, by buying 38,247 shares as shown by filings made public on 2008-07-02. > > > > More
All Roads Lead To China (Free subscription) | 07/07/2008
Last week sure was an active one for the major logistics companies, and as I was caught up in the information on the Olympic Shutdown, I did not have time (or space) to devote to th stories properly. So, in the interest of time, here are the big three releases.. and a [...]
Sequence Inc. FRAUDfiles Blog (Free subscription) | 06/25/2008
Interesting story from Bloomberg: A secret report from a lobbyist who represents United Parcel Service Inc. prompted an Ohio state investigation into employment practices of FedEx Corp., leading to a finding that FedEx owed back taxes and interest. Kenneth Kies, a Washington tax lawyer and lobbyist whose firm has been paid $540,000 by UPS since 2002, sent [...]
TaxProf Blog (Free subscription) | 06/24/2008
Bloomberg News: UPS Lobbyist Secretly Spurred Ohio to Demand Taxes From FedEx, by John Hughes: A secret report from a lobbyist who represents United Parcel Service Inc. prompted an Ohio state investigation into employment practices of FedEx Corp., leading to...
ICKPLUS (Free subscription) | 06/24/2008
FedEx Corp. Reports Fourth Quarter and Full Year Earnings MEMPHIS, Tenn., June 18, 2008 ... FedEx Corp. (NYSE: FDX) today reported a loss of $0.78 per diluted share for the fourth quarter ended May 31, compared to earnings of $1.96 per diluted share a year ago. The quarter's results include the previously announced charge of $891 million ($696 million, net of tax, or $2.22 per diluted share) related...
24/7 Wall St. (Free subscription) | 06/23/2008
United Parcel Service, Inc. (NYSE: UPS) is currently halted on NYSE trading. Big Brown decided it better follow the lead of FedEx Corp. (NYSE: FDX) and come... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Real Time Economics (Free subscription) | 06/23/2008
Macro looks at companies’ statements about the broader economy. UPS warned after the close of trading that earnings would fall short of its prior guidance. The bad news came within a week of similar poor results from rival FedEx. Here are excepts from their statements on how business is being affected by energy costs and the [...]
Free Internet Press (Free subscription) | 06/18/2008
FedEx Corp. reported a fourth-quarter loss Wednesday and offered a gloomy outlook as it wrestles with a slumping U.S. economy beset by soaring fuel costs and falling prices for homes. FedEx, considered a bellwether for the broader U.S. economy, predicted 2009 earnings of $4.75 to $5.25 per share, well below Wall Street expectations of $5.92 a share. The international package delivery company expects...
Today's Tribune-Review (Free subscription) | 06/18/2008
FedEx Corp. reported a fourth-quarter loss Wednesday and offered a gloomy outlook as it wrestles with a slumping U.S. economy beset by soaring fuel costs and falling prices for homes.
trucks world news (Free subscription) | 06/18/2008
USA - Transport Topics -18 June 2008: -- FedEx Corp. reported a fourth-quarter loss Wednesday of $241 million, or 78 cents a share, citing higher fuel costs and a writedown at its Kinko’s unit... The loss compared with a profit of $610 million, or $1.96 a share, in last year’s fourth quarter. It reported an operating loss of $163 million, down from income of $1.01 billion a year ago... Excluding the...
24/7 Wall St. (Free subscription) | 06/18/2008
The original headlines are showing the huge losses at FedEx Corp. (NYSE: FDX), but this is actually because of charges over at Kinko's as its reverts to the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The Eagle Business (Free subscription) | 06/19/2008
Stocks drop on bank worries, FedEx profit warning Eds: UPDATES 17th graf with consolidated volume. Moving on general news and financial servi ...
ICKPLUS (Free subscription) | 06/18/2008
MEMPHIS, Tenn., June 18, 2008 ... FedEx Corp. (NYSE: FDX) today reported a loss of $0.78 per diluted share for the fourth quarter ended May 31, compared to earnings of $1.96 per diluted share a year ago. The quarter's results include the previously announced charge of $891 million ($696 million, net of tax, or $2.22 per diluted share) related predominately to one-time, non-cash asset impairment charges....
Press Releases at Tecnalia's Blog! (Free subscription) | 06/05/2008
STAR, Asia’s leading media and entertainment company, and FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, airlifted 31 tonnes of necessities to Sichuan Province, China, on Sunday June 1. The supplies will provide immediate aid to Sichuan’s earthquake survivors.
Democratic Underground (Free subscription) | 06/03/2008
Source: [b]MSNBC[/b] MEMPHIS, Tenn. - FedEx said Monday it plans to stop using the Kinko's name on its copy and office service stores and book an $891 million charge for the quarter that ended Saturday. The charge relates to a decision about the use of the Kinko's name and a write-down of the va...
