FedEx Corp


  • Why Uber might well be worth $18 billion Tuesday, 10 Jun 2014 | 8:13 AM ET

    While many scoff at Uber's $18 billion valuation, the revenues of the taxi business and high profit margins suggest it may be worth more.

  • MUMBAI, June 10- Online retailers jostling for a chunk of India's $13 billion e-commerce trade are so desperate to avoid snarled roads and inefficient railways that they fly their packages in the passenger cabin of costly commercial flights.

  • Why Uber's $17 billion valuation is justified Monday, 9 Jun 2014 | 12:06 PM ET
    The Uber driver app on the windshield of Uber taxi, April 4, 2014, in Washington.

    The $17 billion valuation of taxi service Uber was eye-popping, but here's why it's justified, says Michael Yoshikami.

  • Shake-up in UPS c-suite     Friday, 6 Jun 2014 | 10:11 AM ET

    Outgoing UPS CEO Scott Davis, and incoming CEO David Abney discuss why the UPS board of directors chose to change leadership and the challenges facing the shipping sector.

  • *Expects 2nd- qtr adj profit/share $0.12- $0.13 vs est $0.21. *Expects revenue $250- $252 mln vs est $267.5 mln. Tibco, whose customers include Delta Air Lines Inc, FedEx Corp and Merck& Co Inc, estimated adjusted earnings of 12- 13 cents per share for the quarter ended June 1.

  • NFL rookies get schooled on the business playbook Friday, 30 May 2014 | 3:33 PM ET
    Teddy Bridgewater of the Louisville Cardinals poses with NFL Commissioner Roger Goodell after he was picked #32 overall by the Minnesota Vikings during the first round of the 2014 NFL Draft at Radio City Music Hall on May 8, 2014 in New York City.

    More than 40 of football's best rookies were in Los Angeles Friday at the NFL Players Association rookie premiere.

  • Cramer: Meager advance appears mighty bullish Tuesday, 27 May 2014 | 6:11 PM ET
    NYSE EuroNext flag hangs outside the NYSE.

    Although stocks climbed modestly on Tuesday, dig down into the market and Cramer says you’ll find fundamentally bullish developments.

  • *Hewlett-Packard shares soar after announcing job cuts. NEW YORK, May 23- The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said it would cut more jobs.

  • *Deutsche Post aims to help European clients expand in e-commerce. BERLIN, May 23- Deutsche Post is aiming to tap an expected surge in online shopping in developing countries by offering clients in its main European markets a service that can deal with shipping and red tape, as well as delivering to a customer's door.

  • Apple slashes refund times to boost online sales Monday, 12 May 2014 | 9:24 AM ET

    Apple has cut in half the time it takes to give refunds to online store customers who want to return their iPhones and other gadgets.

  • SAN FRANCISCO, May 12- Apple Inc has cut in half the time it takes to give refunds to online store customers who want to return their iPhones and other gadgets, a small but crucial step to try to get more people to buy direct from its website.

  • Bad issue getting worse for FedEx: Pro     Thursday, 8 May 2014 | 11:06 AM ET

    CNBC's Jon Fortt and Jon Steinberg, BuzzFeed president & COO, discuss the pricing problem facing FedEx, and Amazon expanding service to Sunday.

  • Cramer: Amazon wants to cut out FDX & UPS     Thursday, 8 May 2014 | 9:18 AM ET

    FedEx and UPS should be more cognizant that Amazon wants to cut them out, says CNBC's Jim Cramer discussing the new age of shipping wars.

  • May 2- FedEx Corp, the world's second largest parcel delivery company, said FedEx Freight would raise fuel surcharge by 3 percent next month, aiming to offset an increase in costs from rising fuel prices.

  • For hedge funds, all aboard the bubble bandwagon Thursday, 1 May 2014 | 4:46 PM ET

    Investors—some of whom have been singed by the recent setbacks—are beginning to think that the era of goodwill despite meager earnings is ending.

  • Shooting at FedEx facility     Tuesday, 29 Apr 2014 | 11:00 AM ET

    Silent video from NBC affiliate WXIA of a FedEx facility in Kennesaw, Georgia, where a shooter has been found dead after injuring at least six people.

  • Your first trade for Tuesday Monday, 28 Apr 2014 | 1:15 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Amazon's next target? Its own delivery network Thursday, 24 Apr 2014 | 3:13 PM ET
    Amazon Fresh trucks at a warehouse in Inglewood, Calif.

    The retailer is testing its own delivery network in San Francisco.

  • UPDATE 2-UPS profit falls as brutal winter raises costs Thursday, 24 Apr 2014 | 12:18 PM ET

    April 24- United Parcel Service Inc, the world's biggest courier company, reported a 12 percent fall in quarterly profit due to increased overtime and transport costs related to a colder-than-usual winter in the United States.

  • UPDATE 1-Severe winter dampens UPS's 1st-qtr profit Thursday, 24 Apr 2014 | 8:49 AM ET

    April 24- United Parcel Service Inc, the world's biggest courier company, reported a 12 percent fall in quarterly profit due to higher costs related to a colder-than-usual winter the United States. Rival FedEx Corp also blamed the harsh weather for weak third-quarter results in March and cut its fiscal-year profit forecast.