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UPDATE 2-Despite 2nd-quarter profit jump, FedEx misses expectations
2014-12-17 20:26:02| Trucking - Topix.net
Increased U.S. domestic and international volumes sparked higher quarterly profit at FedEx Corp, the package delivery company said on Wednesday, but quarterly earnings and its full-year outlook fell short of expectations. Both FedEx and main rival United Parcel Service Inc are in the final days of their holiday peak season, which has boomed over the past decade due to the rise of e-commerce.
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Milwaukee-based Joy Global reports big jump in qua...
2014-12-17 18:26:14| Industrial Machines - Topix.net
Joy Global, a maker of mining equipment in Milwaukee, reports a large increase in its quarterly profits from a year ago. The firm said Wednesday it netted $137 million from July through September, up from almost $27 million in the same quarter of 2013.
FMR Shares Could Jump 50%
2014-12-13 23:10:36| Chemicals - Topix.net
Instead of the spinoff, FMC will sell most of the minerals segment to finance the acquisition. Known as the Alkali Chemicals division, this group produces soda ash used in the manufacture of glass and detergents, and could fetch $1.4 billion or more.
Dollar Extends Jump on Payrolls While Oil Sinks With Gold
2014-12-08 09:40:17| Air Courier - Topix.net
United Parcel Service Inc. workers load boxes onto dollies for delivery in New York. U.S. employers added 321,000 workers to nonfarm payrolls last month, beating all projections in a Bloomberg survey of economists amid gains in hiring across the board.
Dollar Extends Jump on Payrolls While Oil Sinks With Gold
2014-12-08 09:04:36| Trucking - Topix.net
United Parcel Service Inc. workers load boxes onto dollies for delivery in New York. U.S. employers added 321,000 workers to nonfarm payrolls last month, beating all projections in a Bloomberg survey of economists amid gains in hiring across the board.
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