Correos results show decline
Spanish postal operator, Correos, has revealed gross profits of €107.1m for 2008 – 28.4% down on the previous year.
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FedEx post fourth quarter results
FedEx Corp has reported a loss of $2.82 per diluted share for the fourth quarter ended May 31, including $3.46 per diluted share of previously disclosed charges.
Read MoreFedEx taking $1.2bn in charges
FedEx will take some $1.2bn in charges against its fiscal fourth quarter earnings, including charges against its purchased Kinko’s and Watkins Motor Lines businesses.
Read MoreUSPS decline worsens due to delivery flaws
According to the unaudited numbers released by the USPS, the agency faces a net loss of $2.67bn year-to-date, reports DM News.
Read MoreSwiss Post announce Q1 drop
In the first quarter of 2009, Swiss Post generated Group profit of CHF 198m despite the difficult economic climate.
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