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Breaking It Down: FedEx Corporation's Q1 FY 2015 Earnings Call
2014-09-20 08:12:51| Trucking - Topix.net
On September 17, 2014, FedEx Corporation reported Q1 FY 2015 net income of $606 million on sales of $11.7 billion, compared to net income of $489 million on sales of $11.0 billion in the same period last year. These figures beat Estimize -reported consensus estimates of $1.97 per share on sales of $11.47 billion.
Tags: call
breaking
earnings
corporations
Insider Selling: FedEx CEO Sells 9,786 Shares of Stock
2014-09-20 05:46:44| Air Courier - Topix.net
FedEx CEO Henry J. Maier sold 9,786 shares of FedEx stock on the open market in a transaction dated Thursday, September 18th. The stock was sold at an average price of $160.12, for a total value of $1,566,934.32.
Tags: stock
selling
shares
ceo
FedEx Announces Price Increases
2014-09-20 01:56:10| Air Courier - Topix.net
FedEx this week revealed plans to increase shipping rates of ground, freight and express services by an average of 4.9%, effective Jan. 5. The announcement comes on the heels of a May decision to charge for box size as well as weight, which will effectively increase prices on some ground shipments. The dimensional weight pricing will also take effect in January.
Tags: price
increases
announces
fedex
Teamsters call on FedEx to stop paying personal taxes for executives
2014-09-19 16:34:04| Air Courier - Topix.net
WASHINGTON, D.C. - ISS, the country's leading proxy voting advisor, has recommended that shareholders vote for a Teamsters-sponsored shareholder proposal at FedEx that calls on the board of directors to eliminate the practice of paying the personal taxes owed on restricted stock awards on behalf of CEO Fred Smith and other named executive officers. 'Shareholders are fed up with FedEx paying personal taxes for the company's well compensated executives,' said Ken Hall, General Secretary-Treasurer of the International Brotherhood of Teamsters.
Tags: personal
call
stop
taxes
FedEx nears decision for Middle Tennessee distribution site
2014-09-19 12:29:00| Air Courier - Topix.net
A Mount Juliet city official said Wednesday "Project Conviction" is expected to add 300 to 400 jobs in the city. "Conviction" is calling for a more than 300,000-square-foot distribution facility on nearly 63 acres off Interstate 40, according to city planning commission documents.
Tags: site
middle
distribution
decision
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