TNT issues profit warning in face of weak Asian demand
TNT Express has issued an unscheduled warning to investors that a sudden downturn in demand for its premium express products will hit its third quarter results.
Read MoreTag: financial results
Slow demand for gadgets key to FedEx Express volume shrinkage
The financial markets have not responded well to the latest results from FedEx Corp – and specifically executives’ comments that the global economy is slowing, and that FedEx share earnings for this year may be around 10 cents lower per share than previously anticipated.
Read MoreFedEx to hike US shipping rates as slow economy hits results
FedEx Corp. has announced plans to increase shipping rates for FedEx Express services in the US by a net average of 3.9% from January 2, 2012.
Read MoreProductivity boost helps bpost maintain financial stability
Belgium’s bpost has seen its turnover and profits increase slightly, despite a worsening in the reduction of its mail volumes.
Read MorePostal banking boosts Swiss Post group profits
Swiss Post has seen its profits boosted considerably by its postal banking services in the first half of the year, with increased customer deposits swelling its coffers with a 14% increase in group profits before tax.
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