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FedEx Profit Misses Estimates on Maintenance, Fuel Fees

2014-12-17 14:39:15| Air Courier - Topix.net

FedEx reports second-quarter results that fell short of expectations, but reaffirmed their 2015 profit forecast. Bloomberg's Scarlet Fu reports on "Bloomberg Surveillance."

Tags: maintenance fees profit estimates

 

Fedex Earnings Miss

2014-12-17 14:39:14| Air Courier - Topix.net

Q2 earnings jumped 36% to $2.14 per share, but it missed expectations for $2.25. Management noted that the bottom line got a $0.16 boost from share repurchases.

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FedEx Given New $209.00 Price Target at Deutsche Bank

2014-12-16 15:00:59| Air Courier - Topix.net

The firm currently has a "buy" rating on the stock. Deutsche Bank's target price would indicate a potential upside of 18.89% from the company's current price.

Tags: price bank target deutsche

 

Busiest Day of the Year for Postal Service, FedEx

2014-12-16 02:31:55| Air Courier - Topix.net

With just 10 days until Christmas, people all over the country are trying to get their presents shipped out on time, making Monday the busiest day of the year for the U.S. Postal Service, and FedEx. The Postal Service expects to mail more than 640 million cards and gifts on Monday.

Tags: service day year postal

 

FedEx acquiring Genco

2014-12-16 01:27:17| Air Courier - Topix.net

FedEx Corp. is acquiring Genco, a Pittsburgh-area third-party logistics company. The Monday afternoon announcement by the Memphis-based delivery giant said Genco's supply chain expertise will expand its service offerings in the retail and e-commerce markets.

Tags: acquiring fedex genco

 

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