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FedEx Predicts Record Holiday Shipments

Posted On October 23, 2014

(Memphis, TN) -- Delivery giant FedEx is predicting a record holiday season. The Memphis-based company is forecasting 22.6 million shipments on its anticipated peak day of December 15th. Overall, FedEx will transport more than 290-million packages between Black Friday and Christmas Eve. FedEx is set to hire 50-thousand seasonal workers, ten-thousand more than last year.

Target Offering Free Shipping For Holidays

Posted On October 22, 2014

(Minneapolis, MN) -- Minnesota-based Target Corporation is offering free shipping on all online purchases this holiday shopping season. The new policy starts today and runs through December 20th. Retail analysts say it's an effort to win back customers after last year's data breach and to compete with online giant Amazon. C-E-O Brian Cornell said "Target…

Ford Drops Price Again On Focus Electric

Posted On October 22, 2014

(Dearborn, MI) -- Ford Motor Company is cutting the price on the electric version of the Ford Focus again. It is the second price cut for the vehicle in the past two years. The automaker has dropped the sticker price by six-thousand dollars hoping to spur sales. The price cut went into effect last week…

Stocks Close Down, Big Boeing And Biogen Selloff

Posted On October 22, 2014

(New York, NY) -- Stocks closed in negative territory Wednesday after big selloffs at a pair of large U.S. companies. The Dow Jones Industrial Average dropped 153 points to close at 16-461 and the Nasdaq fell 37 points to 43-83. The S&P 500 shed 14 points to finish the session at 19-27. Biogen Idec stock…

Harley-Davidson Earnings Slip On Supply Chain Issues

Posted On October 22, 2014

(Milwaukee, WI) -- An eight-percent drop in third quarter earnings for Harley-Davidson is being blamed on supply chain issues. The Milwaukee-based motorcycle manufacturer reported net income Tuesday of 150-point-one million dollars, or 69-cents per share. Revenue was down from one-point-34 billion a year ago in the third quarter to one-point-three billion this year. Harley-Davidson expects…