FedEx Says Fuel Move Restores Margins
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FedEx Corp. had a "strong" pre-Christmas holiday season and a newly introduced fuel surcharge is enough to address concerns over margins in its ground business, Chairman and CEO Fred Smith said on Monday.
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Orders for &#39;big-ticket&#39; goods in the US crept up by a smaller than expected margin in September, hit by a sharp fall in demand for planes, government figures showed today.
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YESTERDAY Close $109.80 Change +$1.74 52-WEEK High $121.42 Low $97.79 FedEx Corp. posted a 7 percent increase in fourth-quarter profit yesterday on higher revenue but said a sluggish US economy dampened business.
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Package delivery company FedEx Corp  on Thursday said quarterly profit rose despite a slowing U.S. economy, but lowered its full-year earnings outlook, sending its shares down more than 2 percent.
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OIL prices retreated in New York and rose marginally in London today as worries about the impact of Hurricane Frances subsided. New York&#39;s reference contract, light sweet crude for October delivery, tumbled
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Continental Airlines  said on  Friday its mainline advanced bookings for the next six weeks  were running slightly behind last year and that it expected  fuel to cost $2.21 per gallon in the third quarter.
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Package delivery company FedEx Corp   on Thursday said quarterly profit rose despite a  slowing U.S. economy, but lowered its full-year earnings  outlook, sending its shares down more than 2 percent.
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Package delivery company FedEx Corp.   FDX.N said on Thursday its quarterly profit jumped 40   percent, beating expectations, on strong growth in its ground   and freight segments.
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FedEx Corp. FDX.N on Monday raised  its earnings forecast for the fiscal first quarter and full  year due to strong demand in several of its businesses despite  concerns about the slowing growth in the U.S. economy.
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Oil prices held firm Friday after leaping almost $2 a day earlier on news US crude stocks sank to a five-month low last week and distillate fuels barely grew ahead of winter.
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Stocks regain some of Tuesday's losses as Fed chief indicates everything is OK.
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The Israeli company that provides fuel to the Gaza Strip today restored supplies amid fears cutbacks would hurt ordinary Palestinians.
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FedEx Corp. (FDX.N: Quote, Profile, Research) on Monday raised its earnings forecast for the fiscal first quarter and full year, citing strong demand for its international express, ground and less-than-truckload services.
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Higher earnings from oilseed processing and rising demand for feed grains offset declining margins in the companyâs ethanol business.
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The company said lower refining margins and gas prices were exacerbated by disruptions at some refineries.
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FedEx Corp. said Tuesday that its first-quarter earnings more than doubled, helped by a strengthening worldwide economy and expansion of its international express and ground shipping businesses.
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Package delivery company FedEx Corp   on Thursday reported a lower quarterly profit, citing  weak U.S. economic growth and high fuel costs, but the results  beat analyst estimates.