Fedex Pilots Gut Profitabilty, Rape Future of thousands

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12-22-2006, 04:28 AM

#31

JetJocF14

Gets Weekends Off

Joined APC: Sep 2006

Position: B-777 Captain

Posts: 943

Quote:

Originally Posted by MD11Fr8Dog

Shoulda married one of those Wall Streeters, like I did!

So your saying what, your Mr. or Mrs. Gordon Gecko.

GREED IS GOOD

12-22-2006, 08:08 PM

#32

fr8rcaptain

Gets all holidays off

Joined APC: Feb 2005

Position: Retired UPS 767 Captain, SDF Z

Posts: 431

Quote:

Originally Posted by BoilerUP

Happens to UPS nearly every quarter...

I really like it when we BEAT analysts expectiations, but UPS stock still declines, because it didn't beat it by a larger margin! ****??

12-23-2006, 12:17 AM

#33

frozenboxhauler

Nice lookin' tree, there!

Joined APC: Sep 2006

Position: MD-11, old man

Posts: 2,198

Quote:

Originally Posted by TonyC

I think we all know it's just a bunch of spin and hype. If we had gotten a new contract when the old one was amendable, it would be ancient history by now. I didn't see any mention of the Purple Promise payouts -- the new "profit sharing" program. Of course the pilots are the scapegoats, they're the ones in the EVIL union. (Hidden message to all other employees is "don't you ever organize or YOU'LL be responsible for bad things happening to the Company, too.")

No news here, folks. Cast your obligatory sarcastic remark and move along.

Tony C., You forgot to mention that we're all over-sexed too

I would
rather have a "Bravo-Julliet" than a "Bravo-Zulu" any day!

Maybe we
could give back the money and they would like us again,...NOT!

Merry Christmas to all of my fellow Freight Dogs! PAX Dogs too!!
fbh

12-23-2006, 08:42 PM

#34

CE750

Indian Takeout Driver

Joined APC: Mar 2006

Position: FAR part 347 (91+121+135)

Posts: 1,566

Quote:

Originally Posted by Albief15

Geez--new contract payrates in effect 2 months but yet we somehow pull things down? Perhaps they could have posted "FedEx profits artificially high after avoiding negotiations with workforce for last 12 consective quarters...."

I tell you, I just don't get why it's ok for some chump with an MBA to make $250,000/yr working on Wall St. "expecting" $.25/share more out of a stock, but if the guy WHO ACTUALLY FLYIES THE DAMN CARGO TO AND FROM is somehow an impediment to corporate profits!

I wonder how many more cents per share they would have made if the corporate suite took a few million of their salary and bonus plans?

12-23-2006, 08:45 PM

#35

CE750

Indian Takeout Driver

Joined APC: Mar 2006

Position: FAR part 347 (91+121+135)

Posts: 1,566

here you all go... Check out where the real money is being made!

http://www.nypost.com/seven/12132006...hary_kouwe.htm

12-26-2006, 04:27 AM

#36

DaveP2

Gets Weekends Off

Joined APC: Apr 2006

Position: C-17 Sim Pilot Inst

Posts: 182

Quote:

Originally Posted by Albief15

News
FedEx profit and forecast disappoint, stock down

--------------------------------------------------------------------------------

CHICAGO, Dec 20 (Reuters) - ...

FedEx, whose stock fell more than 4 percent in electronic trading before the stock market opening, reported net income of $511 million, or $1.64 a share, for the fiscal second quarter ended Nov. 30, compared with $471 million, or $1.53 a share, a year earlier.

Wall Street analysts had expected $1.76 per share.

Does anyone remember that nerd in school that would complain (right after a killer test that everyone elst TUBED!), "Gee, I missed one of the bonus questions and I only got 102% on the test!"

God, I hated that kid.