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.
22:30, 19 Feb 2013 -
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:
Real-time audio coverage from 0630 to 2130 London time
Teams of analysts covering equities, fixed income, FX and energy markets
Real-time scrolling news service
Daily and weekly pre-market research and calendars
Intra-day market update videos
Daily technical analysis