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The Latest FedEx Headlines
FedEx, TNT Express say takeover to go ahead
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<blockquote data-quote="bacha29" data-source="post: 1894360" data-attributes="member: 58386"><p>The refusal by European regulators opened the door for X to go in loaded with cash and buy TNT. The rub is that Express is paying it's bills but that's about it. Yet the corporation as a whole thanks to Ground has plenty of cash to buy TNT in a possibly futile effort to get Express from it's usual 2-5% net operating margin to the !0% Smith promised 4 years ag<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite12" alt="o_O" title="Er... what? o_O" loading="lazy" data-shortname="o_O" />h, and don't forget the recent announcement regarding the purchase of an additional 50 brand new Boeing 767's .</p></blockquote><p></p>
[QUOTE="bacha29, post: 1894360, member: 58386"] The refusal by European regulators opened the door for X to go in loaded with cash and buy TNT. The rub is that Express is paying it's bills but that's about it. Yet the corporation as a whole thanks to Ground has plenty of cash to buy TNT in a possibly futile effort to get Express from it's usual 2-5% net operating margin to the !0% Smith promised 4 years ago.Oh, and don't forget the recent announcement regarding the purchase of an additional 50 brand new Boeing 767's . [/QUOTE]
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FedEx, TNT Express say takeover to go ahead
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