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FedEx Corp

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  • It's down to the wire for online shopping Monday, 22 Dec 2014 | 1:21 PM ET

    ATLANTA— As the holiday shopping season winds down, FedEx, UPS and online retailers are using the last few days to try to avoid the problems that occurred last year when severe winter weather and a surge in late orders from shoppers caused delivery delays. FedEx predicted its busiest day would be a week earlier, on Dec. 15, when it expected to move 22.6 million...

  • Global oil impact: Who's hurting, happy, hopeful Friday, 19 Dec 2014 | 1:12 PM ET

    Russia's currency has nose-dived, for instance, and investors worry Venezuela could default on its debt. The world's four biggest economies— U.S., China, Japan and that of the European Union— all benefit from lower oil prices. "Economically this is a good thing for the U.S., it's a good thing for Europe, it's a good thing for China and it's a good thing for most consumers,"...

  • Poll: Americans skeptical of commercial drones Friday, 19 Dec 2014 | 12:01 AM ET

    The FAA is expected to propose restricting drones weighing less than 55 pounds to flights under 400 feet high, forbid nighttime flights, and require drones be kept within sight of their operators. Eddy Dufault, 58, a machinist and part-time wildlife photographer in Marlborough, Massachusetts, who is considering buying a drone, said he agrees with most of the...

  • Amazon launches 1-hour shipping in Manhattan Thursday, 18 Dec 2014 | 11:58 AM ET

    "There are times when you can't make it to the store and other times when you simply don't want to go," said Dave Clark, Amazon's senior vice president of worldwide operations, in announcing the service known as Prime Now. Amazon said it hopes to roll out one-hour delivery to more cities in 2015.. The speedy delivery service comes as a result of Amazon's growing...

  • LOS ANGELES, Dec 17- Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports remain far from a deal with union dockworkers after seven months of contract talks, the companies said on Wednesday, again blaming the union for waterfront cargo slowdowns. The Pacific Maritime Association statement came a day before the companies were slated...

  • Stocks rally on oil turn as Fed vows rate patience Wednesday, 17 Dec 2014 | 5:03 PM ET
    Traders work on the floor of the New York Stock Exchange, Oct. 29, 2014.

    Stocks rose Wednesday as investors bet the Fed would continue to support the economy.

  • MGM Resorts and FedEx are big market movers Wednesday, 17 Dec 2014 | 4:26 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. MGM Resorts International, down 84 cents to $18.01. FedEx Corp., down $6.48 to $167.78.

  • *FedEx shares fall after earnings. NEW YORK, Dec 17- U.S. stocks climbed in early afternoon trading on Wednesday as energy sector shares surged more than 4 percent, though investors were preparing for a Federal Reserve statement that may set the stage for interest rate hikes in 2015.. "Volatility should be expected after the statement because so much is riding on...

  • *FedEx shares fall after earnings, drags transports. NEW YORK, Dec 17- U.S. stocks rose on Wednesday on the heels of a three-session losing streak and ahead of the U.S. "I don't know that it really makes a huge difference because ultimately they will hedge anything they do in that regard by simply saying it is all data-dependent," said Randy Frederick, managing director...

  • Fluctuating fuel impacts FedEx: Analyst  Wednesday, 17 Dec 2014 | 10:40 AM ET

    Stifel analyst David Ross, provides his outlook for shipping outfits FedEx, and how fuel is impacting the shipper's bottom line.

  • UPDATE 3-FedEx profit misses expectations; stock down Wednesday, 17 Dec 2014 | 10:18 AM ET

    CHICAGO, Dec 17- FedEx Corp on Wednesday posted lower-than-expected quarterly earnings as results at its FedEx Ground and FedEx Freight units missed estimates, and it reiterated an outlook analysts consider conservative, sending its stock down nearly 5 percent. Both FedEx and main rival United Parcel Service Inc are in the final days of their peak holiday...

  • Inside FedEx earnings miss  Wednesday, 17 Dec 2014 | 9:21 AM ET

    Discussing the FedEx earnings miss and how low fuel prices impacted their quarter, with Arthur Hatfield, Raymond James.

  • CHICAGO, Dec 17- Increased U.S. domestic and international volumes sparked higher quarterly profit at FedEx Corp, the package delivery company said on Wednesday, but quarterly earnings and its full-year outlook fell short of expectations. Both FedEx and main rival United Parcel Service Inc are in the final days of their holiday peak season, which has boomed...

  • US STOCKS-Wall St to open higher ahead of Fed decision Wednesday, 17 Dec 2014 | 9:11 AM ET

    *FedEx shares fall after earnings. NEW YORK, Dec 17- U.S. stocks were set to rise at the open on Wednesday, following three days of losses for major Wall Street indexes, ahead of the year's final statement from the U.S. "I do think they will take in consideration slow global economic activity and perhaps mention the threat of deflation in Europe," said Peter Cardillo,...

  • Early Movers: FedEx, Verizon, Volcano & more Wednesday, 17 Dec 2014 | 8:34 AM ET

    Companies making headlines before the bell Wednesday:

  • CHICAGO, Dec 17- Package delivery company FedEx Corp reported lower-than-expected quarterly profit on Wednesday as U.S. domestic package and international export volumes rose, and reaffirmed its full-year profit outlook. Both FedEx and main rival United Parcel Service Inc are in the final days of their holiday peak season, which has boomed over the past...

  • CHICAGO, Dec 17- Package delivery company FedEx Corp reported a 23 percent jump in quarterly profits on Wednesday driven by higher U.S. domestic package and international export volumes, but fell short of analyst expectations. The Memphis- based company reported net income of $616 million for the quarter ending Nov. 30, compared with $500 million a year earlier.

  • US STOCKS-Futures rise ahead of Fed decision Wednesday, 17 Dec 2014 | 7:47 AM ET

    *FedEx shares fall after earnings. NEW YORK, Dec 17- U.S. stock index futures rose on Wednesday, following three days of losses for major Wall Street indexes, ahead of the year's final statement from the U.S. *FedEx shares fell 2.8 percent in light premarket trading after the package delivery company posted quarterly results.

  • FedEx misses Street 2Q forecasts, but profit jumps 23 pct Wednesday, 17 Dec 2014 | 7:39 AM ET

    FedEx's second-quarter earnings soared 23 percent, but the package delivery company missed Wall Street forecasts due partially to a lower-than-expected benefit from falling fuel prices. FedEx also said Wednesday that a jump in plane maintenance blunted gains the company reaped from managing costs, lowering its pension expense and growing its export...

  • FedEx earnings fall short of expectations Wednesday, 17 Dec 2014 | 7:31 AM ET
    A FedEx cargo plane at the company's distribution hub at Los Angeles International Airport.

    FedEx on Wednesday reported higher second-quarter earnings, but the numbers fell short of analysts' expectations.