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FedEx Discussions
Is Ground really getting E2 and XS?
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<blockquote data-quote="vantexan" data-source="post: 1096622" data-attributes="member: 24302"><p>When FedEx reports profits it's for the entire corporation. Sure they can break it down as to where it came from, but profits are for the entire corporation, just as company stock represents ownership in the entire corporation. It's a chicken/egg argument. Even if you could prove only profits from Ground operations went into building up infrastructure they still took as much as they could from Express employees to pump up profits to keep Wall Street interested in buying stock. They didn't want the stock back under $30 a share again. And certainly early on and for some time Ground by itself wasn't generating enough profit to build those facilities.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1096622, member: 24302"] When FedEx reports profits it's for the entire corporation. Sure they can break it down as to where it came from, but profits are for the entire corporation, just as company stock represents ownership in the entire corporation. It's a chicken/egg argument. Even if you could prove only profits from Ground operations went into building up infrastructure they still took as much as they could from Express employees to pump up profits to keep Wall Street interested in buying stock. They didn't want the stock back under $30 a share again. And certainly early on and for some time Ground by itself wasn't generating enough profit to build those facilities. [/QUOTE]
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Is Ground really getting E2 and XS?
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