Oppenheimer Remains Bullish Ahead of FedEx (FDX) F4Q15 Results
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FedEx Corp. Adopts Mark-to-Market Pension Accounting
June 12, 2015 8:55 AM EDTNo impact to employee benefits; transparency improved
MEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX) said today it has adopted mark-to-market pension accounting for its defined benefit pension and other postretirement plans. This accounting change will have no effect on employees pension benefits or the funding requirements for any FedEx pension plans or FedEx cash flows.
This accounting method will make FedExs operating performance easier to understand and more transparent by immediately recognizing actuarial gains and losses in the fourth quarter of the fiscal year rather than... More
FedEx Freight Selects Technicians to Compete at SuperTech
June 11, 2015 1:00 PM EDTTechnicians Earn Top Honors in FedEx Freight Competition
MEMPHIS, Tenn.--(BUSINESS WIRE)-- Twelve fleet maintenance technicians earned spots to represent FedEx Freight, a subsidiary of FedEx Corp. (NYSE: FDX), at the industry-wide SuperTech competition. SuperTech is considered the premier skills competition for professional commercial vehicle technicians.
This Smart News Release features multimedia. View the full release here:... More
