FedEx CEO Discusses F1Q2011 Results - Earnings Call Transcript
See link above for transcript of the earnings call. Looks like FedEx's fiscal year ends May 31, so the transcript above would be for June, July, August, which is the first quarter in fiscal year 2011.
The paragraph below is from this page on the fedex website: http://ir.fedex.com/financials-KeyRatios.cfm.
For the year ended May 31, 2010, FedEx Corporation's revenues declined 2% to $34.7 billion. In the first half of the fiscal year, earnings were down year over year, but in the second half, major global economies began emerging from the recession and FedEx's volumes grew accordingly. The company finished the year strong with net income of $1.2 billion, and the company's share price rose by more than 50% over the course of the fiscal year, outpacing the S&P 500, the Dow Jones Industrial Average and the Dow Jones Transporation Average.
Wednesday, September 29, 2010
Stock Price Update - down a bit
http://www.fedex.com/us/investorrelations/stockinfo/
I tried a different source for today's stock price update - the Stock Info page on FedEx's Investor Relations site. down a little today, at 84.69 (-.02). of course, numbers are very close to what shows on Google Finance a few minutes ago: 84.57, -.14 (-0.17%).
I tried a different source for today's stock price update - the Stock Info page on FedEx's Investor Relations site. down a little today, at 84.69 (-.02). of course, numbers are very close to what shows on Google Finance a few minutes ago: 84.57, -.14 (-0.17%).
Friday, September 24, 2010
Tuesday, September 21, 2010
Facebook page
http://www.facebook.com/FedEx
The profile is very basic. Describes different services, gives website address.
Does have a Discussion Board under the Boxes tab. Mostly customers and employees airing complaints. No company officials chiming in.
The profile is very basic. Describes different services, gives website address.
Does have a Discussion Board under the Boxes tab. Mostly customers and employees airing complaints. No company officials chiming in.
answer to question in comment
I received a comment or 2, inquiring about the August 28 posting of an article regarding a fatal incident involving a FedEx employee (mainly wondering why I chose to post that, and if it had any impact on stock price). Well, for stock price, I doubt there was any impact. Stock prices have been up almost every time I check and post them. The reason it caught my eye is that I work in the steel industry, which can have dangerous work environments. So, in our workplace culture we investigate every near miss and every incident, trying to put in place corrective and preventive actions to prevent major incidents. Incident reports from one facility are shared with others so that everyone can learn and can improve safety. Although this article did not have much detail, it is one of those things that makes you ask what was going on in that situation? What went wrong? A single fatality may not even show up as a blip on the stock price graph, but can do a lot to the morale of coworkers and anyone else closely associated with the individual, his community, or the unit for which he worked.
Monday, September 20, 2010
Tuesday, September 14, 2010
Thursday, September 9, 2010
Wednesday, September 8, 2010
FedEx Stock Price Wednesday September 8, 2010
FedEx stock price: 84.14, up 2.28 points, or 2.79% as of 11:56 am.
Click here fore more detail, graph at Google Finance.
Click here fore more detail, graph at Google Finance.
External Environment and Threats to FedEx: two articles
UPS, FedEx worlds apart on labor law - Chris Frates - POLITICO.com
By CHRIS FRATES
6/28/10 4:13 AM EDT Text Size- + reset
A brutal labor law battle between the companies could be headed for a showdown this week.
Reuters
A brutal labor law battle between UPS and FedEx could be headed for a showdown this week as Congress faces a deadline to make a move in the bitter, long-running dispute.
The two shipping giants have been engaged in a down-and-dirty lobbying campaign over a proposal that would make it easier for labor to organize FedEx.
Memphis-based FedEx has spent millions of dollars, and its chief executive has even threatened to cancel an order of new Boeing planes if the proposal passes. UPS has been quieter about its lobbying but is getting support from the Teamsters, who represent many of its employees.
The 230-word provision making it easier to unionize FedEx is part of the House Federal Aviation Administration reauthorization legislation but is absent from the Senate version. And the difference has become a major sticking point in finishing the bill before the current law expires Saturday.
use the link to Politico.com above for full story.
See also, more recent article from PBS on this topic:
http://www.pbs.org/wnet/need-to-know/economy/the-ground-war-between-fedex-and-ups/3095/
This issue is one of the factors to consider in evaluating the external environment for FedEx, as something that poses a threat.
By CHRIS FRATES
6/28/10 4:13 AM EDT Text Size- + reset
A brutal labor law battle between the companies could be headed for a showdown this week.
Reuters
A brutal labor law battle between UPS and FedEx could be headed for a showdown this week as Congress faces a deadline to make a move in the bitter, long-running dispute.
The two shipping giants have been engaged in a down-and-dirty lobbying campaign over a proposal that would make it easier for labor to organize FedEx.
Memphis-based FedEx has spent millions of dollars, and its chief executive has even threatened to cancel an order of new Boeing planes if the proposal passes. UPS has been quieter about its lobbying but is getting support from the Teamsters, who represent many of its employees.
The 230-word provision making it easier to unionize FedEx is part of the House Federal Aviation Administration reauthorization legislation but is absent from the Senate version. And the difference has become a major sticking point in finishing the bill before the current law expires Saturday.
use the link to Politico.com above for full story.
See also, more recent article from PBS on this topic:
http://www.pbs.org/wnet/need-to-know/economy/the-ground-war-between-fedex-and-ups/3095/
This issue is one of the factors to consider in evaluating the external environment for FedEx, as something that poses a threat.
Friday, September 3, 2010
Wednesday, September 1, 2010
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