News Headline Summary

Fedex (FDX) offered voluntary cash buyouts to eligible US-based employees on February 15th, 2013 and offer period to expire in Q4 2013

- The voluntary buyout program costs were not included in Co.'s fiscal 2013 third quarter and full year earnings guidance.
- Co. expects the pretax cost of the voluntary program to range from approximately USD 550 mln to USD 650mln in pretax cash expenditures.

19 Feb 2013 - 22:28 - Equities - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: