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FedEx in trouble again

Old 06-21-2006, 03:03 AM
  #11  
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Just wait, FedEx will spend twice as much appealing all the awards and probably end up winning. Ask anyone in the FCH suit how winning a jury award works against FedEx ! If not, it is still an insignificant dollar amount when the Company is over 30 billion in annual revenue. Heck they got a 1 billion line of credit in 98' to fight us and I think the stock reached new highs and split about that time.
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Old 06-21-2006, 08:43 AM
  #12  
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$1.8 Billion profit for FY 06 announced today. $100 million is pocket change. But like 2cylinderdriver said, they'll spend $200 million to fight it
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Old 06-21-2006, 01:05 PM
  #13  
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As Capt Drew said in this posting today: http://www.airlinepilotforums.com/showthread.php?t=4537

"FedEx Corp. rose $5.11, or 4.7 percent, to $113.43, after it reported a 27 percent jump in fourth-quarter earnings, citing solid economic growth in U.S. and international markets."
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Old 09-21-2006, 07:04 PM
  #14  
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Originally Posted by FX Bone Guy View Post
As Capt Drew said in this posting today: http://www.airlinepilotforums.com/showthread.php?t=4537

"FedEx Corp. rose $5.11, or 4.7 percent, to $113.43, after it reported a 27 percent jump in fourth-quarter earnings, citing solid economic growth in U.S. and international markets."
Now those are some serious bones.
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Old 09-22-2006, 02:56 AM
  #15  
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Originally Posted by FX Bone Guy View Post
100 Million is chump change to FedEx.
That # sounds familiar......isn't that about what the top 5 company officers received in bonus $$$ during the life of our contract maybe they sould give it all back
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