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FedEx Corp

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  • *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.

  • 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.

  • SAN FRANCISCO, July 28- FedEx Corp has hired some of the hard-hitting attorneys who represented home run slugger Barry Bonds to defend against criminal allegations that FedEx knowingly shipped packages from illegal online pharmacies. Cristina Arguedas and Allen Ruby were retained by FedEx last week, according to court records.

  • FedEx charges raise online pharmacy issues Saturday, 26 Jul 2014 | 10:42 AM ET

    SAN FRANCISCO— FedEx Corp., the latest company accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions.

  • FedEx indictment shouldn't hurt shares, pro says Friday, 18 Jul 2014 | 4:41 PM ET
    A FedEx logo on a delivery truck

    FedEx's indictment for shipping packages from illegal online pharmacies isn't hurting shares, which makes sense to one analyst.

  • US indicts FedEx in drug probe     Friday, 18 Jul 2014 | 4:37 PM ET

    Digging into the FedEx indictment for drug trafficking, with Steven Harper, former Kirkland & Ellis partner, and Marc Lopresti, Lopresti Law Group.

  • FedEx responds to indictment     Friday, 18 Jul 2014 | 4:35 PM ET

    FedEx has been indicted for allegedly shipping packages from illegal online pharmacies. CNBC's Scott Cohn reports FedEx is fighting back.

  • FedEx indicted in drug probe     Friday, 18 Jul 2014 | 2:15 PM ET

    Former Federal Prosecutor Mitch Epner, and Christian Wetherbee, Citi, discuss the indictment of FedEx for "knowingly" shipping packages from illegal online pharmacies and the stock's response to the probe.

  • FedEx indicted for prescription roulette     Friday, 18 Jul 2014 | 1:53 PM ET

    CNBC's Scott Cohn reports FedEx has been indicted on 15 criminal counts for helping Internet pharmacies deliver drugs to buyers in the U.S. without prescriptions.

  • Why was Malaysia Airlines MH17 flying over Ukraine? Friday, 18 Jul 2014 | 12:02 PM ET
    A Malaysia Airlines jet takes off from Heathrow Airport in London.

    The probability that a missile downed Flight MH17 prompts questions on whether the plane should have flown over a war-torn area. NBC News reports.

  • FedEx indicted by Feds: Report     Friday, 18 Jul 2014 | 10:43 AM ET

    FedEx has been indicted in connection with a Justice Department investigation into prescription drug trafficking, reports CNBC's Scott Cohn. FedEx claims it is innocent of the charges, saying it's a transportation company, not law enforcement.

  • Early movers: SHPG, GE, AMZN, FDX, GOOG & more Friday, 18 Jul 2014 | 7:51 AM ET
    A trader works on the floor of the New York Stock Exchange.

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

  • FedEx slapped with US charges over online drugs Friday, 18 Jul 2014 | 6:26 AM ET
    FedEx workers unload packages from a delivery truck in San Francisco, California.

    FedEx was indicted for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials.

  • SAN FRANCISCO, July 17- FedEx Corp was indicted on Thursday for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials, according to a court filing. FedEx allegedly gained at least $820 million from the conspiracy, the filing said, and could be fined up to twice that amount.

  • FARNBOROUGH, England, July 16- ASL Aviation, an Irish aviation services company, on Wednesday signed a letter of intent to buy up to 10 of Lockheed Martin Corp's LM-100J commercial freighters as the launch customer for the new turbo-prop airplanes, Lockheed said in a statement.

  • Royal Mail, FedEx, TNT in French antitrust probe Wednesday, 16 Jul 2014 | 5:40 AM ET

    Royal Mail, FedEX Corp and TNT Express said they had received a notice from French competition authorities over a possible breach of antitrust law.

  • The Indian delivery service that even FedEx envies Tuesday, 15 Jul 2014 | 8:58 AM ET
    Indian dabbawallahs push their carts laden with food, on their way to make lunch time food deliveries, through the streets of Mumbai.

    Dabbawalas are the bikers who take tiffins to hungry eaters in Mumbai, and their system is so efficient FedEx has studied it. GP reports.