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FedEx Quarterly Profit Drops 75%, Misses Analyst Estimates
FedEx Corp. (FDX) said yesterday (Thursday) that its quarterly profits dropped by 75% – missing analyst estimates – and announced layoffs among other cost-cutting measures. FedEx,…
19Mar2009 | Money Morning | 0 comments | ContinuedIf Holiday Retail Stats Don’t Have Economists Saying “Humbug,†Tuesday’s GDP Report Certainly Will
If it’s good enough for Wal-Mart…
Looks like the discounting model pioneered by Wal-Mart Stores Inc. (WMT), the Bentonville, Ark.-based retailing giant, will make its way…
22Dec2008 | Money Morning | 0 comments | ContinuedGlobal Investing Roundups
Palm Can’t Compete; Oracle Reports Profit Jump; Gustav Drives Unemployment; AIG Taps Edward Liddy; McCain Wants SEC Chief Canned; FedEx Felled by Fuel Costs
-Palm…
19Sep2008 | Money Morning | Comments Off | Continued
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