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The Latest FedEx Headlines
FedEx shares dip 2 pct on IRS back tax of $319 mln
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<blockquote data-quote="cheryl" data-source="post: 282376" data-attributes="member: 1"><p><strong>FedEx shares dip 2 pct on IRS back tax of $319 mln - Reuters</strong></p><p><strong></strong></p><p>Estimates vary for how much FedEx may eventually asked to pay the U.S. Internal Revenue Service -- which is now reviewing FedEx's results for calendar years 2004 to 2006 -- but Credit Suisse analyst Jason Seidl wrote in a research note to clients entitled "FedEx Gets Coal in its Stocking" that the company "could potentially owe nearly $1.5 billion in taxes and expenses when all audits are completed."</p></blockquote><p></p>
[QUOTE="cheryl, post: 282376, member: 1"] [B]FedEx shares dip 2 pct on IRS back tax of $319 mln - Reuters [/B] Estimates vary for how much FedEx may eventually asked to pay the U.S. Internal Revenue Service -- which is now reviewing FedEx's results for calendar years 2004 to 2006 -- but Credit Suisse analyst Jason Seidl wrote in a research note to clients entitled "FedEx Gets Coal in its Stocking" that the company "could potentially owe nearly $1.5 billion in taxes and expenses when all audits are completed." [/QUOTE]
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FedEx shares dip 2 pct on IRS back tax of $319 mln
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