Fedex

Wall Street Seen Opening Higher

Stock index futures pointed to a firmer open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq 100 flat to 0.2 percent higher at 0916 GMT.

U.S. Postal Service Braced for Massive Cuts

Postmaster General Patrick Donahoe is proposing some dramatic changes to cut costs – including the firing of one-fifth of all employees (some 220,000 people) either through layoffs or attrition; the elimination of Saturday mail delivery; and the closing of nearly 4,000 post offices across the country.

Woods misses cut and heads home

Tiger Woods plunged new depths at the PGA Championship on Friday when he missed the cut in the year's final major for the first time.

Postal Service to Close 3,700 Offices

The postmaster general revealed that over the next decade, half of the 32,000 post offices. More than 200 each post offices will be closed in Texas, Illinois, Missouri and Pennsylvania.

FedEx earnings rise, expects robust 2012

FedEx Corp's fourth-quarter earnings and outlook beat forecasts as higher shipping rates and tight cost controls more than offset a slowing economic recovery and high fuel prices.

FedEx profit jumps, expects robust 2012

FedEx Corp's quarterly profit and outlook beat forecasts as higher shipping rates and tight cost controls more than offset a slowing economic recovery and high fuel prices.

Wall Street edges higher ahead of Fed statement

Stocks edged higher on Wednesday after an upbeat outlook from FedEx as investors awaited the Federal Reserve's assessment of the economy and any clues about plans for dealing with recent weakness.

FedEx profit rises, sees robust 2012

FedEx Corp reported a strong fourth-quarter profit on Wednesday despite fuel and economic challenges and forecast robust 2012 earnings, sending its shares up 3 percent in premarket trading.

U.S. Postal Service to cut 7,500 jobs, close offices

The U.S. Postal Service said on Thursday it would cut 7,500 jobs and close seven district offices and 2,000 post offices as it handles less mail and faces greater staff costs and competition from FedEx and United Parcel Service .

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