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FedEx Blames 'Unusually Severe Winter Storms' For Its Ugly Quarter

2014-03-20 01:57:39| Air Courier - Topix.net

"Unusually severe winter storms throughout the quarter disrupted operations, decreasing shipping volume and increasing costs, and impacted year-over-year operating income by an estimated $125 million," said management .

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FedEx profit up, but misses expectations

2014-03-20 01:57:38| Air Courier - Topix.net

FedEx Corp. says its latest quarterly profit rose 5 percent from a year ago despite storms that raised the company's costs, but the results were below analysts' expectations.

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FedEx profit up, but misses expectations

2014-03-20 01:57:37| Air Courier - Topix.net

Join staff writer Lee Barfknecht at 10 a.m. Wednesday for "The Roundup" chat to discuss the latest Big Ten news.

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Wall Street forgives FedEx, again

2014-03-19 21:53:06| Air Courier - Topix.net

Today, looking at its fiscal third-quarter report , investors focused mainly on the company.

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FedEx Corp.'s 3Q Income Rises 5%

2014-03-19 15:38:46| Air Courier - Topix.net

FedEx Corp. reported its fiscal third-quarter net income rose 5% to $378 million, or $1.23 per share, from $361 million, or $1.13, a year ago, as difficult operating conditions held back stronger earnings improvement.

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