FedEx Corp


  • California bus crash kills 1 in 2nd wreck of day Monday, 24 Nov 2014 | 2:21 AM ET

    California Highway Patrol Officer Jeff Borgen said the same vehicle struck a Denny's restaurant in Red Bluff, about 50 miles south, but no one was hurt. The bus was enroute from Los Angeles to Pasco, Washington, when it went off Interstate 5 at about 7:30 a.m. about 100 miles south of the Oregon border, Borgen said. Three patients were in critical condition,...

  • ATLANTA, Nov 18- Lower U.S. gasoline prices could boost consumer spending ahead of the holiday season, a critical period for the retail sector, a top executive at United Parcel Service Inc said on Tuesday. "The impact of low fuel prices right now is it puts more discretionary dollars in consumers' pockets," Chief Financial Officer Kurt Kuehn told Reuters at the...

  • ATLANTA, Nov 17- United Parcel Service Inc's chief executive officer said on Monday the company's closer collaboration with major retailers should bring a smooth holiday season, but he said UPS would charge customers more or even refuse packages if last-minute sales by a major customer threaten the company's system. FedEx Corp, the main rival of UPS, is also...

  • 'Crashing up': The amazing truth about Apple Monday, 17 Nov 2014 | 1:52 PM ET
    Apple store in New York.

    In just a month, Apple has added more value than the entire worth of companies like McDonald's, Boeing and Goldman Sachs.

  • UPS shares fall on 2015 earnings forecast Thursday, 13 Nov 2014 | 3:56 PM ET

    United Parcel Service Inc. said Thursday that it would earn between $5.45 and $5.70 per share next year. The shares recovered and were down just 23 cents to $107.72 late in the session. UPS and rival FedEx Corp. are heading into the key holiday season.

  • Nov 13- Google was sued this week by a worker who claimed the company did not pay overtime, improperly classified him as an independent contractor then terminated him after he asked for more hours to be covered under his contract. The case, filed in a New York federal court on Wednesday, seeks to proceed as a collective action on behalf of other Google Inc workers.

  • WASHINGTON, Nov 12 Reuters)- U.S. businesses and industry groups urged Congress on Wednesday to give the White House authority to fast-track trade deals before the end of the year, saying it was a critical tool to complete major trade deals. It was signed by companies including Apple Inc, Boeing Co, Exxon Mobil Corp, FedEx Corp, General Electric Co, Pfizer Inc and...

  • Online sales growth to slow this holiday: Forrester Monday, 3 Nov 2014 | 11:43 AM ET
    File photo: A worker in a UPS sorting facility around the holidays.

    Online sales this holiday are expected to reach a record high, but the category's growth will decelerate, according to Forrester Research.

  • *China to free up market for clearing bank card transactions. BEIJING, Oct 30- Visa Inc and Mastercard Inc welcome China's plans to open up its market for clearing domestic bank card transactions, as they stand to gain access to a growing market worth more than $1 trillion a year. While China lags behind countries such as the United States in spending on credit,...

  • China to free clearing market for bank cards Wednesday, 29 Oct 2014 | 7:18 PM ET

    China will open up its market for clearing domestic bank card transactions, in a move that could benefit companies such as Visa and Mastercard.

  • Cramer's secret oil strategy: Unlock profits Monday, 27 Oct 2014 | 6:12 PM ET
    Jim Cramer on Mad Money.

    Jim Cramer shares his tricks of the trade on how to benefit from the low price of oil, and how to pick the right stocks in a dazed and confused market

  • CHICAGO, Oct 24- United Parcel Service Inc may charge major customers more for a surge in late, unplanned packages or turn down the business if it threatens disruptions during the peak holiday season, a top executive said on Friday, trying to avoid a repeat of last year's delivery meltdown. UPS and main rival FedEx Corp, both considered U.S. economic bellwethers, are...

  • UPS profit tops expectations; confirms guidance Friday, 24 Oct 2014 | 10:46 AM ET
    A woman walks past the logo of United Parcel Service (UPS) at a job fair in Chicago, Illinois.

    UPS on Friday reported earnings and revenue that topped analysts' expectations, sending shares higher in early trading.

  • CHICAGO, Oct 24- Robust U.S. consumer and business demand plus strong growth in Asia drove a higher-than-expected quarterly profit at package delivery company United Parcel Service Inc and its top executive said that after a challenging holiday period last year the firm is ready for the 2014 peak season. UPS, the world's largest shipping company, and its main...

  • Early Movers: F, PG, UPS, AMZN, MSFT Friday, 24 Oct 2014 | 8:44 AM ET

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

  • CHICAGO, Oct 24- Robust U.S. consumer and business demand plus strong growth in Asia drove a higher-than-expected quarterly profit at package delivery company United Parcel Service Inc.. Atlanta- based UPS also confirmed its full-year profit outlook, predicting earnings per share of between $4.90 to $5.00. UPS posted revenue of $14.29 billion for the quarter,...

  • CHICAGO, Oct 23- Determined not to repeat a holiday season that left millions of packages delivered too late and customers seething, United Parcel Service Inc and FedEx Corp are investing heavily in new infrastructure- but the continued dynamic growth of e-commerce will test those efforts. Even so, the rise in shipping originating with e-tailers including...

  • Midday movers: Angie's List, FedEx, Hess & more Wednesday, 22 Oct 2014 | 1:31 PM ET

    Some of Wednesday's midday movers:

  • CHICAGO, Oct 22- Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. With the rise of e-commerce, FedEx's annual peak has nearly doubled since 2007, when it moved 11.5 million packages on Dec. 17. Last year a later-than-usual surge before the...

  • Midday movers: FedEx, KB Home, Waters & more Tuesday, 21 Oct 2014 | 1:09 PM ET

    Some of Tuesday's midday movers: