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Breaking It Down: FedEx Corporation's Q1 FY 2015 Earnings Call

2014-09-20 08:12:51| Trucking - Topix.net

On September 17, 2014, FedEx Corporation reported Q1 FY 2015 net income of $606 million on sales of $11.7 billion, compared to net income of $489 million on sales of $11.0 billion in the same period last year. These figures beat Estimize -reported consensus estimates of $1.97 per share on sales of $11.47 billion.

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They don't call SoftBank's Son the Buffett of Japan for nothing

2014-09-19 23:14:03| Telecom - Topix.net

SoftBank Corp. CEO Masayoshi Son, who also is chairman of Sprint Corp., is on the verge of parlaying a $20 million investment into more than $50 billion in the Alibaba IPO, inspiring comparisons to Americans Warren Buffet and Bill Gates, The Wall Street Journal reports.

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They don't call SoftBank's Son the Buffett of Japan for nothing

2014-09-19 17:22:50| IT Services - Topix.net

SoftBank Corp. CEO Masayoshi Son, who also is chairman of Sprint Corp., is on the verge of parlaying a $20 million investment into more than $50 billion in the Alibaba IPO, inspiring comparisons to Americans Warren Buffet and Bill Gates, The Wall Street Journal reports.

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Teamsters call on FedEx to stop paying personal taxes for executives

2014-09-19 16:34:04| Air Courier - Topix.net

WASHINGTON, D.C. - ISS, the country's leading proxy voting advisor, has recommended that shareholders vote for a Teamsters-sponsored shareholder proposal at FedEx that calls on the board of directors to eliminate the practice of paying the personal taxes owed on restricted stock awards on behalf of CEO Fred Smith and other named executive officers. 'Shareholders are fed up with FedEx paying personal taxes for the company's well compensated executives,' said Ken Hall, General Secretary-Treasurer of the International Brotherhood of Teamsters.

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Leading climate scientists call religious leaders help save the environment

2014-09-18 20:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: Two of the worlds leading scientists have made an unprecedented call on religious leaders to spark a massive mobilisation of public opinion, insisting that only through God can we save the environment. Writing in the journal Science, Cambridge Universitys Partha Dasgupta and Veerabhadran Ramanathan, of the University of California, have made an impassioned plea for help in curbing the potentially catastrophic effects of what they call the ongoing abuse of the planets natural resources....

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