Corrected: Dow gains on Boeing strength, S&P dips

2010-03-19T08:16:49Z

<div><p>Removes reference in 9th paragraph to FedEx being the largest package shipping company</p><p>By Ryan Vlastelica</p><p>NEW YORK (Reuters) - The Dow industrials rose on Thursday on FedEx fiscal 3rd-qtr profit more than doubles, sees economic recovery continuing</div><div><p>FedEx says the global economic recovery is broadening, as the U.S. economy gains steam and Asia continues to show strong growth.</p><p>For the U.S., FedEx confirmed wh...

FedEx profit more than doubles, tops expectations

2010-03-18T11:01:27Z

<div><p>NEW YORK (Reuters) - FedEx Corp <FDX.N> raised its fiscal-year outlook on Thursday after quarterly profit more than doubled, with strong Asian export volumes more than compensating for flat U.S. demand.</p><p>Although the pa...

Earnings schedule for week of 03/15/10

2010-03-12T11:45:22Z

<div id="subtitle">Major companies tentatively scheduled to report quarterly results during week of 03/15/10</div><div><p>Major companies tentatively scheduled to report quarterly earnings next week:</p><p>Monday</p><p>No major releases.</p><p>Tuesday</p><p>NEW YORK — Discover Financial Services releases quarterly financial results....

Deutsche Post 2010 outlook misses estimates

2010-03-09T03:30:06Z

<div><p>FRANKFURT (Reuters) - Deutsche Post DHL <DPWGn.DE> unveiled a conservative financial strategy that focuses on saving cash to safeguard its credit rating and gave a 2010 earnings outlook that missed market expectations.</p><p>The move, announced by new

FedEx woos small biz with Internet parodies

2010-02-23T11:17:22Z

<div><p>NEW YORK (Reuters) - FedEx Corp is famous for memorable television commercials, but like many big companies, it is following customers as they navigate from the television to the computer and in turn, shipping much of its marketing to the Web.</p><p>One of the package delivery giant's biggest Web campaigns, running...

Clarification: Independent Contractors story

2010-02-22T08:06:58Z

&lt;div id="subtitle"&gt;Clarification: Independent Contractors story&lt;/div&gt;&lt;div&gt;&lt;p&gt;The Associated Press reported Feb. 11 that the IRS and 37 states are cracking down on a growing number of companies suspected of misclassifying full-time employees as independent cont...

Stocks edge up but rate worries linger

2010-02-22T09:19:32Z

<div><p>NEW YORK (Reuters) - U.S. stocks rose on Friday as investors took the Federal Reserve's discount rate increase as evidence the financial system is healing but worried the eventual withdrawal of easy money will hurt Wal...

IRS, states crack down on independent worker abuse

2010-02-22T10:03:09Z

<div><p>The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has learned. The practice costs governments billions in lost revenue and can leave workers hig...

UPS contacted by EU in price-fixing investigation

2010-02-22T10:20:13Z

<div><p>NEW YORK (Reuters) - United Parcel Service Inc &lt;UPS.N&gt;, the world's largest package-delivery service, said on Wednesday it has been contacted by the European Commission, which is probing price fixing ...

dwp panda by fedex

2010-02-09T18:17:55Z

HOW DO YOU GET A PANDA TO CHINA? FedEx HIM! Giant panda Tai Shan has begun his long journey to China, in a FedEx parcel! Tai Shan is the first Giant Panda born at Washington DC's Smiths...

Obama lunches with top business leaders

2010-02-22T11:51:52Z

<div><p>WASHINGTON (Reuters) - President Barack Obama lunched with top business executives at the White House on Thursday to discuss the economy and job creation, officials said.</p><p>The lunch was the fifth of its kind that president has hosted.</p&am...

Earnings Preview: UPS seen posting 4Q profit

2010-02-22T13:30:52Z

<div id="subtitle">UPS expected to post adjusted fourth-quarter profit on lower revenue</div><div><p>UPS Inc., the world's largest shipping carrier, reports fourth-quarter and full-year 2009 results on Tuesday. The following is a summary of key developments and analyst opinion related to the period.</p><p>OVERVIEW: UPS, based in Atlanta, is expected to post an adjuste...

larry king rain

2010-01-22T17:46:00Z

Larry King leaves a FedEx Kinko's store in the rain Los Angeles, California - 22.01.10

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FedEx to raise freight prices by 5.9 percent

2010-02-22T19:55:06Z

<div id="subtitle">FedEx to raise freight prices by 5.9 percent on Feb. 1, following similar hikes at other units</div><div><p>FedEx says it will raise prices at its freight and national trucking unit by 5.9 percent on Feb. 1.</p><p>These rate increases apply to the company's less-than-truckload shipments, where a number of smal...

Man offers apologetic robbery note, waits for cops

2010-02-22T20:52:24Z

<div id="subtitle">Oregon police say man hands apologetic robbery note to store employee, then waits for them</div><div><p>Portland police said a man handed an apologetic robbery note to an employee at a FedEx Kinko's store, then waited for police ...

Driver growing locks for charity told to cut hair

2010-02-22T21:26:46Z

<div id="subtitle">Mass. delivery driver growing his locks for charity says he was told to cut 'hockey' hair</div><div><p>A Massachusetts delivery driver growing his hair out for charity said he has been told by his employer to cut it. Brad Siscoe, a contractor employee who makes deliveries for FedEx Gr...

UPS cutting 1,800 jobs in US, raising outlook

2010-02-22T23:34:28Z

<div id="subtitle">UPS to cut 1,800 jobs in US segment realignment; raises 4th-qtr profit outlook</div><div><p>Shipping giant UPS Inc. will cut 1,800 management and administrative jobs, less than 1 percent of its global work force, as it repositions itself for a gradual economic recovery with improved technology and fewer employees.&...

UPS cuts 1,800 jobs, raises outlook

2010-02-22T23:34:30Z

<div><p>NEW YORK (Reuters) - United Parcel Service Inc &lt;UPS.N&gt; raised its fourth-quarter profit forecast on Friday but said it was cutting another 1,800 management and administrative jobs.</p><p>UPS shares rose as much as 6.5 perc...

Weekend snowstorm cuts U.S. holiday sales upside

2010-02-23T12:57:56Z

<div><p>NEW YORK (Reuters) - The heavy snowstorm that swept the East Coast of the United States over the weekend may have cost retailers the potential for any upside to holiday sales, industry experts said on Monday.</p><p>The storm forced store closures for several hours on Saturday and kept shoppers at home in major ...

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