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FedEx Corp

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  • Brighter economy driving up holiday hiring plans Thursday, 18 Sep 2014 | 11:02 AM ET

    NEW YORK— UPS will hire up to 95,000. Kohl's plans to take on 67,000 and FedEx 50,000. Wal-Mart will add 60,000.. One after the other, a flurry of major U.S. retail and transportation companies announced sharp increases this week in the number of temporary workers they plan to hire for the holiday season.

  • VANCOUVER, Sept 17- Workers at a FedEx Corp warehouse in western Canada have successfully unionized, the first employees besides pilots at the package delivery company to organize in North America, a local Teamsters union said on Wednesday.

  • Sept 17- Department store operator Kohl's Corp said it is hiring more than 67,000 workers for the holiday selling season, about 34 percent more than what it recruited last season. The Menomonee Falls, Wisconsin- based retailer had hired about 50,000 seasonal employees for the 2013 holiday season.

  • FedEx better positioned than UPS: Analyst     Wednesday, 17 Sep 2014 | 10:53 AM ET

    Discussing how to play FedEx after the company's Q1 earnings surge, with Christian Wetherbee, Citi transportation analyst. Wetherbee says going into the holiday season FedEx is positioned to go after a better mix of business.

  • Senate: China hacked military contractor networks Wednesday, 17 Sep 2014 | 10:30 AM ET

    WASHINGTON— China's military hacked into computer networks of civilian transportation companies hired by the Pentagon at least nine times, breaking into computers aboard a commercial ship, targeting logistics companies and uploading malicious software onto an airline's computers, Senate investigators said Wednesday.

  • Kohl's holiday hiring to rise 15 pct Wednesday, 17 Sep 2014 | 10:17 AM ET

    NEW YORK— Kohl's Corp. plans to hire more than 67,000 seasonal workers nationwide for the holiday shopping season, which the company said is a 15 percent increase over last year. FedEx Corp. also said Wednesday it plans to increase holiday hiring. That's more than double last year, when FedEx announced it would hire 20,000 seasonal workers.

  • Kohl's, FedEx boost hiring plans for holidays Wednesday, 17 Sep 2014 | 10:02 AM ET

    Fall might not have officially arrived yet, but companies are already detailing hiring plans for the holiday season.

  • CHICAGO, Sept 17- Package delivery company FedEx Corp should enjoy a record holiday peak season thanks to the continued rise of online consumer sales in the United States, company officials said on Wednesday.

  • Lennar's green shoots raise hopes for home sector Wednesday, 17 Sep 2014 | 9:48 AM ET
    New homes for sale by Lennar home builders.

    Lennar's earnings beat on Wednesday, with fairly big numbers, will help the bull argument.

  • NFL needs 'zero tolerance' approach: Texans owner Wednesday, 17 Sep 2014 | 9:44 AM ET
    Adrian Peterson of the Minnesota Vikings

    But Bob McNair also says he stands 100 percent behind NFL Commissioner Roger Goodell in his capacity to run the league.

  • US STOCKS-Wall St to open flat, eyes on Fed statement Wednesday, 17 Sep 2014 | 9:15 AM ET

    NEW YORK, Sept 17- U.S. stocks were set to open little changed on Wednesday ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.

  • Cramer: FedEx nailed it     Wednesday, 17 Sep 2014 | 9:09 AM ET

    CNBC's Jim Cramer breaks down the quarterly numbers for FedEx. Cramer says FedEx has a beautiful quarter and it's what investors want to see.

  • Wall Street awaits Federal Reserve, Janet Yellen Wednesday, 17 Sep 2014 | 8:47 AM ET

    U.S. stock-index futures ticked up on Wednesday, as investors waited to learn whether the Fed will maintain its dovish policy stance.

  • UPDATE 1-FedEx profit beats estimates as shipments rise Wednesday, 17 Sep 2014 | 8:20 AM ET

    Sept 17- FedEx Corp reported a better-than-expected 24 percent jump in quarterly profit as the world's No. 2 package delivery company benefited from higher shipment volume. The company's net income rose to $606 million, or $2. l0 per share, in the first quarter ended Aug. 31, from $489 million, or $1.53 per share, a year earlier.

  • Another 'solid' quarter for FedEx: Pro     Wednesday, 17 Sep 2014 | 8:16 AM ET

    Donald Broughton, Avondale Partners, breaks down the shipping company's fiscal first quarter results which beat on both the top and bottom line.

  • FedEx to add 50,000 seasonal jobs Wednesday, 17 Sep 2014 | 7:46 AM ET

    DALLAS— Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for holiday-season package deliveries. The hiring plan from FedEx Corp. came a day after rival UPS said it would hire up to 95,000 seasonal workers.

  • FedEx profit jumps 24 pct on higher shipment volume Wednesday, 17 Sep 2014 | 7:42 AM ET

    Sept 17- FedEx Corp reported a 24 percent rise in quarterly profit as the world's No. 2 package delivery company benefited from higher volumes in both its express and ground businesses. Net income rose to $606 million, or $2. l0 per share, in the first quarter ended Aug. 31 from $489 million, or $1.53 per share, a year earlier. Revenue increased 6 percent to $11.7 billion.

  • Early movers: MSFT, BA, LEN, FDX, AUXL, CS & more Wednesday, 17 Sep 2014 | 7:36 AM ET
    Traders on the floor of the New York Stock Exchange.

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

  • Why the Fed could still surprise markets Wednesday, 17 Sep 2014 | 6:04 AM ET
    Trader on the floor of the New York Stock Exchange.

    The Fed could surprise markets Wednesday, simply because of the wide divergence in Wall Street views about its next move.

  • Fedex higher prices is 'bullish sign': Pro     Wednesday, 17 Sep 2014 | 5:30 AM ET

    Scott Schneeberger, senior analyst at Oppenheimer & Co., discusses Fedex's strategy after the group announced it is hiking its shipping prices and says it is well positioned to capitalize on e-commerce.