FEDEX

Market gains as data overshadows IMF warning

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Stocks rose on Thursday as signs of strength in the economy and higher-than-expected profit at FedEx outweighed a stark warning from the IMF about inaction over Europe's debt crisis.

FedEx Profit Beats Street

Handlers scan and affix a courier route label onto packages moving down the belt at the Marina Del Rey, California FedEx station
FedEx Corp. reported a higher-than-expected quarterly profit and said it is buying 27 new Boeing aircraft to update its fleet for fuel efficiency and cost savings.
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Futures Rise Ahead of Data, FedEx Jumps

Stock index futures rose on Thursday, following three days of market losses and ahead of a batch of data including industrial production, jobless claims and New York manufacturing.
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U.S. Postal Service

U.S. Postal Service Cutbacks Likely to Slow Mail Delivery

In the financial crisis-era, with its constrained public revenue from a smaller U.S. workforce, almost every government agency is forced to belt-tighten -- including the U.S. Postal Service, which will implement historic cutbacks starting in the spring of 2012.
Tian Tian, a female giant panda looks out of her container as it is unloaded off an aircraft at Edinburgh airport in Scotland

Panda Express from China to Scotland: Hairy Friends Arrive in Britain [PHOTOS & VIDEO]

A pair of pampered giant pandas, two of the few remaining specimens of an endangered species, was welcomed to their new homes in Scotland, on Sunday. The plane - Panda Express - carrying the two animals, for whom the Edinburgh Zoo is paying $10 million to Chinese authorities, landed at 9 p.m. Beijing time, at Edinburgh Airport, after taking off from the southwestern Chinese city of Chegndu.
Singer Lady Gaga carries a pair of scissors during a ribbon cutting ceremony to launch Gaga's Workshop at Barneys department store in New York November 21, 2011.

US Chains Brace for Season of Holiday Discounts

U.S. retailers trying to woo shoppers with early deals and longer hours this week, and throughout the holiday season, could be putting their profits at risk as shoppers search for bargains and not much else.
UPS driver T.J. Dellasala delivers two packages from Amazon.com in Boston, Massachusetts

UPS Raising Rates in 2012 by at Least 4.9 Percent

United Parcel Service Inc. (NYSE: UPS) plans to increase 2012 rates by 4.9 percent for ground package shipping, air shipping and, U.S.-origin international shipments, the company announced Friday. New pricing takes effect Jan. 2, 2012.
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FedEx Plans to Hire 20,000 New Workers for Holidays

FedEx announced on Monday, that it will hire about 20,000 new seasonal workers for the holidays, compared to just 17,000 last year. This increase will surely help some unemployed Americans, at least during the holiday season.
Woman walks past an electronic board displaying market indices outside a brokerage in Toky

U.S. Stock Futures Point Downward

Stock index futures pointed to a lower open on Wall Street, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down between 1.4 to 1.8 percent at 0923 GMT.
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FedEx Seen Cutting Outlook with Economy Stalled

FedEx Corp is seen reporting higher quarterly results than a year ago on Thursday, but analysts are more keen to see if the No. 2 package delivery company cuts its full-year guidance because stalled global economic growth has stifled volume.
Spain's Jose Maria Olazabal tees off on the eighth hole during the second round of the 93rd PGA Championship golf tournament at the Atlanta Athletic Club in Johns Creek

Ryder Cup Captain Slams Seve Trophy No-Shows

Ryder Cup captain Jose Maria Olazabal has slammed the likes of major champions Rory McIlroy, Martin Kaymer and Graeme McDowell for not making the effort to compete in the Seve Trophy.
Federal Reserve Chairman Ben Bernanke

Bernanke, Europe Hold key to Market Rally

Wall Street hopes for more Fed action and clear signs European leaders will follow through on their new urgency to tackle the euro zone debt crisis if U.S. stocks are to build on their best week since early July.
Scwartzel, Watson and Scott share lead at Deutsche...

Watson Clings to Lead at Deutsche Bank Event

Bubba Watson regained his composure after dropping three shots on the back nine holes to grab a one stroke lead after the third round of the Deutsche Bank Championship on Sunday.

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