FedEx revises earnings guidance
FedEx announced that earnings for the fourth quarter ending May 31, 2008 are expected to be in the range of $1.45 to $1.50 per diluted share, compared to the previous forecast of $1.60 to $1.80.
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FedEx Corp. reports third quarter earnings
FedEx Corp. reported for the third quarter revenues of $9.44 billion, up 10% from $8.59 billion the previous year, operating income of $641 million, unchanged from a year ago, operating margin of 6.8%, down from 7.5% the previous year and net income of $393 million, down 6% from last year
Teamsters back out of FedEx home delivery election
The Teamsters voluntarily canceled an organizing election scheduled for February 1, 2008 at the FedEx Home Delivery facility in Worcester, Massachusetts. The withdrawal signals a defeat for the union, which was seeking to organize FedEx owner operators in Worcester. This is the Teamsters