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FedEx Corp

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  • UPS expects to hire up to 95,000 seasonal workers Tuesday, 16 Sep 2014 | 9:21 AM ET

    ATLANTA— UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season— an increase from last year, when the company was caught unprepared for a boom in online shopping. The Atlanta company said Tuesday that the positions will include package sorters, loaders, delivery helpers and drivers.

  • Fed moves could steer next week's market direction Friday, 12 Sep 2014 | 7:01 PM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Markets are primed for the possibility the Fed will signal it's a step closer to normalizing its super low rate policy. Even so, trading may still be volatile.

  • NEW YORK, Sept 11- Transportation stocks were higher on Thursday, bucking the trend of the general market and edging back near record levels. While correlation has weakened since Sept. 3, when it was 0.97, it is up significantly from a recent low of 0.76 hit on July 31.

  • How the SpaceX economy can make you money Monday, 25 Aug 2014 | 8:00 AM ET

    Spaceflight remains a dream for most stargazers, but everyone can buy a portfolio of stocks to invest in space travel of the future.

  • Why today's transport stocks will still matter Wednesday, 20 Aug 2014 | 8:00 AM ET

    For more than a century, followers of Dow Theory have looked to transportation stocks as the great bellwether of broad market movement.

  • Google in 2024—what WON'T it be doing? Tuesday, 19 Aug 2014 | 8:15 AM ET
    Google logos are displayed on a computer screen in San Francisco.

    With a healthy cash stockpile, an active VC arm and a cache that's unrivaled in the online world, Google should stay king of the hill, analysts say.

  • FedEx indicted on new criminal charges Friday, 15 Aug 2014 | 2:45 PM ET

    FedEx was indicted in a U.S. criminal case for conspiracy to launder money over deliveries for illegal online pharmacies.

  • SAN FRANCISCO, Aug 15- FedEx Corp faces a new charge of conspiring to launder money in a U.S. criminal case over the company's drug deliveries for rogue online pharmacies despite warnings from law enforcement.

  • SAN FRANCISCO, Aug 15- FedEx Corp was indicted on Friday in a U.S. criminal case for conspiracy to launder money over deliveries for illegal online pharmacies, according to a court filing. The company already faced several criminal counts, including conspiracy to distribute controlled substances. FedEx has pleaded not guilty to those charges.

  • UPS, Fedex get OK to expand to more China cities Thursday, 14 Aug 2014 | 8:55 AM ET

    UPS and FedEx have received licenses in China to extend express package services to Beijing and other cities without needing joint-venture partners.

  • Early movers: WMT, KSS, GE, UPS, AMGN, GMCR & more Thursday, 14 Aug 2014 | 7:40 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Early movers: FDX, LB, BAC, YELP, FOXA, WEN & more Thursday, 7 Aug 2014 | 7:39 AM ET
    A trader works on the floor of the New York Stock Exchange (NYSE).

    Some of the names on the move ahead of the open.

  • *Merck up as results beat expectations, but Pfizer slips. United Parcel Service shares fell 3.7 percent to $98.86 after the world's biggest courier company slashed its earnings forecast for the year due to spending to boost capacity. Rival shipping company FedEx Corp was down 1.6 percent at $147.14.

  • FedEx pleads not guilty to online pharmacy charges Tuesday, 29 Jul 2014 | 4:07 PM ET

    FedEx said it would fight any additional charges if they are brought. FedEx is due back in court Sept. 24 in San Francisco for a status conference.

  • UPS CFO Kurt Kuehn on UPS settlement     Tuesday, 29 Jul 2014 | 4:00 PM ET

    UPS CFO Kurt Kuehn on CNBC's Squawk on the Street on his company's decision to stop deliveries for illegal online pharmacies and pay $40 million to end a Federal criminal probe into its shipping practices. Rival FedEx was in court today fighting similar charges.

  • SAN FRANCISCO, July 29- The U.S. judge overseeing a criminal drug prosecution against FedEx Corp said one of the core issues will be what FedEx executives knew about illegal online pharmacies whose packages it shipped. FedEx was indicted earlier this month on 15 criminal counts, including conspiracy to distribute controlled substances.

  • *Merck up as results beat expectations, but Pfizer slips. United Parcel Service shares fell 3.1 percent to $99.47 after the world's biggest courier company slashed its earnings forecast for the year due to spending to boost capacity. Rival shipping company FedEx Corp was down 0.8 percent at $148.36.

  • U.S. judge wants FedEx drug case to proceed quickly Tuesday, 29 Jul 2014 | 2:42 PM ET

    SAN FRANCISCO, July 29- The U.S. judge overseeing a criminal drug prosecution against FedEx Corp said one of the core issues will be what FedEx executives knew about illegal online pharmacies whose packages it shipped. FedEx was indicted earlier this month on 15 criminal counts, including conspiracy to distribute controlled substances.

  • *2nd- qtr profit of $1.21/ share vs est $1.25/ share. July 29- United Parcel Service Inc, the world's biggest courier company, slashed its earnings forecast for the year as it spends to boost capacity ahead of the busy holiday shopping season.

  • UPS slashes forecast as it spends to boost capacity Tuesday, 29 Jul 2014 | 10:46 AM ET
    A UPS worker delivers packages in Chicago.

    UPS slashed its earnings forecast for the year as it spends to boost capacity ahead of the holiday shopping season.