Recent Event Highlights: Business briefs, Jan. 31, 2010 - St. Joseph News-Press, FedEx cracks new Fortune Magazine employee ranking - Arabian Supply Chain, Jobs outlook can change almost daily, expert says - Mason City Globe Gazette, Big Government, Big Unions - Big Government (blog), BRIEF: 2 firms with Western Pennsylvania ties on Fortune list - Trading Markets (press release), Two Tennessee Companies Make Workplace List - Nashville Public Radio, and 12 more...
Created by dipity on Apr 3, 2009
Last updated: 10/23/10 at 06:34 PM
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ThomasNet Industrial News RoomRecommended ReadingThomasNet Industrial News RoomHe is also the former executive director of Unboundary, a consulting firm with clients including FedEx, Charles Schwab and Coca-Cola. ...
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Business briefs, Jan. 31, 2010St. Joseph News-PressOther companies with a local connection that contributed included Coca-Cola at $2 million, FedEx at $1.8 million, Nestlé at $1.1 million, ...and more »
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What's ahead for the stock marketMSN MoneyUPS and rival FedEx (FDX) are closely watched as leading indicators of where the economy is headed. Cisco Systems (CSCO) after Wednesday's close. ...and more »
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Earnings Preview: UPS seen posting 4Q profitWashington PostThe UPS and rival FedEx Corp. are viewed as economic bellwethers. They have seen signs of improving demand for shipping in recent months. ...and more »
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Investors hold breath as PCBC reportsPacific Coast Business TimesWhiteley said the affected retirees received a FedEx package with documents about the changes — “this was the only way to ensure that they received all of ...and more »
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FedEx cracks new Fortune Magazine employee rankingArabian Supply Chain... layoffs and reinstate salary increases and 401(k) match, which the company suspended last year in the midst of the economic downturn. “FedEx owes its ...and more »
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Jobs outlook can change almost daily, expert saysMason City Globe GazetteFedEx Ground invested $2.5 million and moved into a 7-year-old empty spec building in Mason City Industrial Park. By staying in the area, 6.5 jobs were ...
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Big Government, Big UnionsBig Government (blog)The private sector can take care of that- think of UPS and Fedex competing for the privilege of delivering something for you. ...and more »
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BRIEF: 2 firms with Western Pennsylvania ties on Fortune listTrading Markets (press release)Also, FedEx Corp. was ranked No. 91 on Fortune 's list. FedEx said it was recognized for minimizing layoffs during the recession and reinstating salary ...and more »
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Two Tennessee Companies Make Workplace ListNashville Public RadioBaker Donelson law firm ranked 77 th and shipping company Fed Ex 91 st on the annual survey. The business magazine praised Baker Donelson for its diversity ...FedEx Among "Best Companies to Work For" in 2010Eyewitness News MemphisBaker Donelson named to Fortune 'Best Companies' listNashville Business JournalBaker Donelson named to Fortune 'Best Companies' listMSN Moneyall 10 news articles »
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FedEx Corp. has confirmed that the company has cut 1,000 jobs worldwide and 500 in Memphis.
Company spokesman Jesse Bunn said the employees were “salaried exempt” professionals and managers. The laid off workers will be given severance packages,
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Pittsburgh Business Times
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http://feeds.bizjournals.com/~r/bizj_pittsburgh/~3/eyxkRWhJ1IM/daily1.html
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FedEx Corp. has confirmed that the company has cut 1,000 jobs worldwide, including 500 in its headquarters city of Memphis, Tenn.
Company spokesman Jesse Bunn said the employees were “salaried exempt” professionals and managers. The laid off workers
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Triangle Business Journal
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http://feeds.bizjournals.com/~r/bizj_triangle/~3/q_Ja-DO5no4/daily67.html
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...Fred Smith. Among the measures: 1. Taking out capacity in both Express and FEF segments. 2. Further personnel cutbacks and layoffs. 3. More pay cuts, even to non-U.S. employees. 4. Streamlined IT costs. 5. Additional capex spending cuts. 6. Increased...
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Gerson Lehrman Group
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http://feedproxy.google.com/~r/GLGNews/Energy-Industrials/~3/lD9ZUNNIy6c/Is-FedEx-a-Harbinger-of-All-Trucking-Earnings-in-the-First-Quarter--36094.html
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...its quarterly profits dropped by 75% - missing analyst estimates - and announced layoffs among other cost-cutting measures. FedEx and its archrival, Atlanta-based United Parcel Service Inc (UPS), are considered bellwethers of U.S. economic activity because...
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ETF Investor
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http://seekingalpha.com/article/126972-fedex-s-lousy-earnings-send-the-street-a-wake-up-call?source=feed
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Lynn Huston anchors Emeritus Newsbrief. Stimulus bill wins test vote. Obama fights back on stimulus bill. Nissan-FedEx layoffs. Older workers=Higher unemployment. Social Security must find more staff.
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... own pay was docked 20%. But he didn't cut hourly wages or announce layoffs." Additionally, FORTUNE magazine recognized FedEx for its commitment to diversity and women among the "100 Best Companies to Work For." FedEx is the largest company (by number...
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PR-Inside.com
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http://www.pr-inside.com/fedex-named-among-fortune-magazine-s-r1020958.htm
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...Office, a division of FedEx Corp., announced Friday it’s laying off 200 people nationwide — 100 of which are located in the company’s North Texas offices. Jenny Robertson, a spokesperson for FedEx Office, said the printing store operator initiated the cuts...
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Memphis Business Journal
http://feeds.bizjournals.com/~r/bizj_memphis/~3/404109914/daily34.html
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...said. "I don't anticipate any layoffs, barring a huge economic decline in the country." The Watkins purchase will allow FedEx to offer cost-effective long-haul services without straining its existing freight network, said Alan B. Graf, executive vice president...
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The Ledger
http://www.theledger.com/apps/pbcs.dll/article?AID=/20060609/NEWS/606090375/1001/RSS02&source=RSS
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...million deal, he said. Following Tuesday's conference call, a FedEx spokesman reiterated that the company does not anticipate layoffs and that local Watkins facilities would likely remain open. "We intend to grow the business and will need the people and...
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The Ledger
http://www.theledger.com/apps/pbcs.dll/article?AID=/20060531/NEWS/605310345/1001/RSS02&source=RSS
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