FEDEX

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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

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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.
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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 .
Traders work on the floor of the New York Stock Exchange

US stocks advance after G-7 Intervention

US stocks advanced in early trade on Friday after the Group of Seven (G-7) Finance ministers had agreed to intervene in the markets to stabilize the Japanese yen.
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World Market Update 18/03/2011

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
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Global Markets Overview 18/03/2011

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
Traders work on the floor of the New York Stock Exchange

US stocks rebound after sell-off

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
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FedEx outlook bright on growing demand

FedEx Corp, the world's largest cargo airline, forecast improved revenue and margins in the current quarter and beyond, and sees more shipments for reconstruction in Japan.
The trial of Mark A. Ciavarella Jr highlights the dangerous gap in the juvenile justice systems of many states - children appearing in court without lawyers

Kids for Cash trial: Ciavarella denies extortion charges, acknowledges tax fraud

The Kids for Cash trial resumed this week with former Pennsylvania Judge mark Ciavarella's attorneys trying to undermine the credibility of the prosecution witnesses and the accused vehemently claiming that though he has committed tax fraud, he never extorted money from others or took bribe in return for sending juveniles to a private detention center.
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FedEx cuts earnings outlook, citing storms

FedEx Corp cut its earnings forecast for the current quarter, citing disruption from winter storms in the United States and Europe and higher fuel prices, sending shares lower in post-market trading.
The trial of Mark A. Ciavarella Jr highlights the dangerous gap in the juvenile justice systems of many states - children appearing in court without lawyers

Kids for Cash trial: Former Pa. judge Ciavarella claims money was 'finder's fee'

The trial of Mark A. Ciavarella Jr., a former Pennsylvania judge who has been charged with honest services fraud, wire fraud and tax evasion in connection with receiving $2.6 million in kickbacks from a private juvenile jail facility, resumes today and is grabbing national attention as the case highlights the dangerous gap in the juvenile justice systems of many states - children appearing in court without lawyers.
U.S. group sets oil talks with China

U.S. group sets oil talks with China

A group of prominent business executives and national security figures will visit China next month as part of their drive to reduce U.S. dependence on oil.
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UPS profit tops estimates, sees record in 2011

United Parcel Service, the world's largest package delivery company, reported a quarterly profit that beat estimates and forecast record-high profits in 2011, sending its shares up nearly 3 percent on Tuesday in premarket trading.

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