FedEx Corp. (NYSE: FDX) reported fourth fiscal quarter and full fiscal 2012 earnings this morning. Adjusted EPS for the quarter came in at $1.99, beating the consensus estimate of $1.92. ... Read Full Story »
FedEx Corp. (NYSE: FDX) announced this morning that it has signed an agreement to acquire French express transportation company TATEX. The acquisition is subject to regulatory approvals and no details ... Read Full Story »
Markets opened a few ticks lower this morning after a poor report on new claims for unemployment benefits in the US (our coverage here). The report that pending home sales ... Read Full Story »
The country’s second-largest package delivery firm, FedEx Corp. (NYSE: FDX) has revealed that it is in discussions to acquire French express company TATEX. The French firm carriers about 19 million ... Read Full Story »
Markets opened lower this morning and nothing came along all day to move any of the three major indexes above the neutral line. The morning’s report on housing starts was ... Read Full Story »
Markets opened slightly lower this morning as everyone seemed to be waiting for the announcement from Apple Inc. (NASDAQ: AAPL) regarding its $97 billion cash pile (our coverage here). Financial ... Read Full Story »
UPS (NYSE: UPS) has been stalking European delivery service firm TNT Express for several weeks. It now appears they have a buyout deal, according to The Wall Street Journal WSJ ... Read Full Story »