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Dassault, FedEx discuss potential Falcon order

2015-09-19 00:22:44| Air Courier - Topix.net

FedEx has commenced discussions with Dassault on a possible order for new Falcon business jets, a top Dassault executive said on 17 September. FedEx chief executive Fred Smith launched the express delivery service with a fleet of Falcon 20s in 1973.

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Why FedEx Keeps Delivering Disappointing Earnings

2015-09-18 16:08:35| Air Courier - Topix.net

The company is going to need some of that more than $6.5 billion it has invested in acquisitions since the beginning of 2015 to bear fruit if it hopes to outperform any time soon. Memphis-based FedEx blamed weaker freight services demand and higher-than-expected self-insurance set-asides for its two cent per share earnings miss.

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FedEx: Yes, We're Still Bulls, Even After This Quarter

2015-09-17 18:22:00| Air Courier - Topix.net

We think the ensuing dip in shares represents attractive entry spots, and we'll consider adding FDX on the way down. Do we think that Federal Express is starting to make fools of us? It has been two earnings reports that have gone by where we have recommended the stock into the report, and the report has failed to impress the street.

Tags: this quarter bulls fedex

 

FedEx trims forecast, plans to hire 55,000 for Christmas

2015-09-17 14:07:28| Air Courier - Topix.net

FedEx trimmed its full-year profit outlook Wednesday but said it expects to hire more than 55,000 seasonal workers to help handle another record Christmas shopping peak. The Memphis-based company took 20 cents off its earnings forecast for the year that began June 1. The decrease, less than 2 percent, was attributed to weaker demand and higher-than-expected insurance reserves and operating costs at FedEx Ground.

Tags: plans christmas hire forecast

 

FedEx Trims Outlook on Weak Demand

2015-09-16 15:10:18| Trucking - Topix.net

FedEx on Wednesday trimmed its earnings outlook for its fiscal year amid weak demand in its freight segment and higher costs in its ground segment. The downbeat guidance followed weaker-than-expected profit for its August quarter.

Tags: demand weak outlook fedex

 

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