Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
The Latest FedEx Headlines
FedEx: Great Shipper, Dumb Owner
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 348226" data-attributes="member: 1"><p><strong>FedEx: Great Shipper, Dumb Owner - Motley Fool</strong></p><p></p><p>Four and a half years ago, FedEx printed out a $2.4 billion offer for Kinko's. Now we learn that management will write down more than one-third of that sum as the cost of killing the Kinko's brand. Fourth-quarter earnings that were previously estimated at $1.60 to $1.80 per share will be crippled by the resulting $2.22-per-share charge, pushing FedEx into the red this quarter and leaving it with less than $4 a share in profits by year’s end.</p></blockquote><p></p>
[QUOTE="cheryl, post: 348226, member: 1"] [B]FedEx: Great Shipper, Dumb Owner - Motley Fool[/B] Four and a half years ago, FedEx printed out a $2.4 billion offer for Kinko's. Now we learn that management will write down more than one-third of that sum as the cost of killing the Kinko's brand. Fourth-quarter earnings that were previously estimated at $1.60 to $1.80 per share will be crippled by the resulting $2.22-per-share charge, pushing FedEx into the red this quarter and leaving it with less than $4 a share in profits by year’s end. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
The Latest FedEx Headlines
FedEx: Great Shipper, Dumb Owner
Top