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FedEx Down 4%; Here's How The Peers Are Doing
2014-12-18 17:01:19| Trucking - Topix.net
FedEx Corporation is falling on Wednesday, recently down 4.6 percent at $166.22, following an earnings miss . The company attributed its disappointing financial results to higher plane maintenance costs and lower fuel surcharges derived from the drop in oil prices.
FedEx: Fuel Costs And The Independent Contractor
2014-12-18 15:34:25| Air Courier - Topix.net
The Ninth Circuit court has also given a ruling with regard to the issues surrounding independent contractors and FedEx. FedEx is currently petitioning the Appeals court for a review.
Tags: costs
independent
fuel
contractor
FedEx Earnings: A Robust Quarter Finds No Love From Investors
2014-12-18 15:34:24| Air Courier - Topix.net
Revenue expanded by 5% to $11.9 billion, and net income reached $616 million, a 23% improvement from the $500 million recorded in the comparable prior-year quarter. The company's diluted earnings per share also grew handsomely to $2.14, versus $1.57 per share a year ago.
Tags: love
quarter
finds
investors
Morning Movers: Rite Aid Soars on Earnings; FedEx Flies on Goldman Upgrade
2014-12-18 15:34:23| Air Courier - Topix.net
S&P 500 futures have jumped 1.1%, while Dow Jones Industrial Average futures have gained 1.1%. Nasdaq Composite futures have climbed 1.4%.
Tags: morning
aid
upgrade
earnings
FedEx Acquires E-Commerce Firm Bongo International
2014-12-18 07:31:43| Air Courier - Topix.net
FedEx Corp. has acquired cross-border, online-purchase technology company Bongo International to enhance its portfolio of e-commerce solutions. Terms were not disclosed.
Tags: international
firm
ecommerce
fedex
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