The Federal Motor Carrier Safety Administration on Tuesday maintained a regulation that allows truck drivers to stay on the road for 11 hours in a row, rather than a limit of 10.
NEW YORK (MarketWatch) -- Board directors for companies in the Standard & Poor's 500 index gave themselves, on average, an 11% raise in 2008 for a total compensation of $2 million per company, according to preliminary data from the Corporate Library on Wednesday. Median total compensation for each director is now just under $200,000 a year, the independent research firm said. "Directors in the S&P 500 have a clear differential, earning almost twice the overall figure for total compensation at the median," the Corporate Library said. "They also earn higher median option awards and stoc???
WASHINGTON (AP) - A group of business executives on Tuesday urged President-elect Barack Obama to "quickly implement" a large stimulus package soon after taking office.
NEW YORK (AP) - The Federal Motor Carrier Safety Administration on Tuesday maintained a regulation that allows truck drivers to stay on the road for 11 hours in a row, rather than a limit of 10.
FedEx Freight today announced that it has reduced transit times on more than 3,300 regional next-day, second-day and extended routes since Jan. 1, 2008. These service improvements enable faster
Global auto woes continue. U.S. auto executives pleaded for a $25B aid package at congressional hearings yesterday. "This is about much more than Detroit," testified General Motors (GM) CEO Rick Wagoner. "It's about saving the U.S. economy from a catastrophic collapse." Lawmakers were less than enthused by the pleas, with some saying the automakers had 'failed models' and should file for bankruptcy. (Read more from the hearings.) Elsewhere, automakers in China and Europe have taken a cue from their U.S. counterparts and have requested aid from their governments...
Traditionally, recessions have been the market's way of pruning the excess 'growth' in certain sectors of the economy, clearing the way for the stronger names to thrive. During the 1990s, technology stocks multiplied like rabbits to the point where the sector made up one third of the S&P 500. At the turn of the century, the economy hit a rough patch and the tech sector crashed. By the time the economy rebounded, most of the companies that were formed during the boom no longer existed, but the ones...
DHL’s delivery services will no longer be operating within the domestic U.S., as the German-owned company announced Monday that the company would be cutting another 9500 jobs in the U.S., shutting down all hubs and reducing total stations in the U.S. by 75%. DHL will continue to ship products from the U.S. to international locations, and is in separate, ongoing talks with UPS (UPS) to utilize its fleet to transport products between U.S. airports and customers.
FedEx (FDX) and UPS (UPS) have both faced tremendous challenges in the last year. FedEx is under fire for employee/contractor classifications, and both companies have faced soaring fuel prices and a slowing global economy. As such, the market may be punishing these very profitable companies, thereby offering long-term investors the opportunity to buy in at decent prices.
In order to gauge just how sour the market is on these companies, a look at their historical price to book ratios could be useful. In order to maintain and grow their operations, both companies must invest in...
The fourth quarter for e-commerce will be very telling. Will online sales continue to grow even if the consumer is strapped? Or will e-commerce increasingly look like the rest of the retail sector?
Fedex (FDX) announced results Thursday and let the world know they did slightly better than expectations. (See earnings call transcript.)The cost of fuel moderated somewhat, and therefore profitability was just that much better.
In reading the earnings release, which is a painfully abbreviated document, and then reading the earnings call transcript I am beginning to get the sense that the executives are attempting to seduce the investing public into thinking that they are an economic proxy.
Early indications point to a modest rebound Thursday after Central Banks across the globe pledged more liquidity to the world's financial markets. Less than an hour before the opening bell on Wall Street, stock index futures indicate that the Dow Jones Industrial Average could add 50 or 60 points at the open. The NASDAQ is indicated 10 or 15 points higher.
Stock index futures rose early after the US Federal Reserve and others said they would pump $180 billion into money market funds to ease the funding squeeze that has plagued the financial markets....
EDEN Property Co . sold the retail building at 1188 Hurffville Road in Deptford Township , NJ , to a private investor for $2.45 million , or $490 per square foot.EDEN developed the 5,000 - square ...
Nov . 20 , 2008 ( China Knowledge ) - The US - based FedEx Corp , the world's largest air - cargo shipper , announced that its Guangzhou hub is expected to start operation at the Guangzhou Baiyun ...
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http : / / www . iotogo . com / s / 111908B ( Note : You may have to copy this link into your browser then press the [ ENTER ] key . )Today's PriceWatch Alerts cover the following stocks : Mastercard ...
http : / / www . iotogo . com / s / 111908B ( Note : You may have to copy this link into your browser then press the [ ENTER ] key . )Today ' s PriceWatch Alerts cover the following stocks : ...
http : / / www . iotogo . com / s / 111908B ( Note : You may have to copy this link into your browser then press the [ ENTER ] key . )Today's PriceWatch Alerts cover the following stocks : Mastercard ...
http : / / www . iotogo . com / s / 111908B ( Note : You may have to copy this link into your browser then press the [ ENTER ] key . )Today's PriceWatch Alerts cover the following stocks : Mastercard ...
http : / / www . iotogo . com / s / 111908B ( Note : You may have to copy this link into your browser then press the [ ENTER ] key . )Today's PriceWatch Alerts cover the following stocks : Mastercard ...
http : / / www . iotogo . com / s / 111908B ( Note : You may have to copy this link into your browser then press the [ ENTER ] key . )Today's PriceWatch Alerts cover the following stocks : Mastercard ...
NEW YORK (MarketWatch) -- Board directors for companies in the Standard & Poor's 500 index gave themselves, on average, an 11% raise in 2008 for a total compensation of $2 million per company, according to preliminary data from the Corporate Library on Wednesday. Median total compensation for each director is now just under $200,000 a year, the independent research firm said. "Directors in the S&P 500 have a clear differential, earning almost twice the overall figure for total compensation at the median," the Corporate Library said. "They also earn higher median option awards and stock awards."
SAN FRANCISCO (MarketWatch) -- FedEx Corp. said Friday it will raise rates for ground and home delivery by an average 5.9% in 2009. The new rates are effective Jan. 5. FedEx recently announced a hike of 6.9% on its FedEx Express rates, which will also go into effect on Jan. 5.
Deutsche Post on Monday says it’s closing most of its U.S. air and ground business as the delivery services firm suffers from the deteriorating economy.
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