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FedEx still ironing costly Kinko's kinks (from Corporate Dealmaker)

FedEx Corp. (NYSE:FDX) bummed out the stock market Wednesday by posting an $876 million quarterly loss. Overshadowed by the perception of the shipping giant's results as an economic indicator was more bad news about the company's FedEx Office unit, the twice-rebranded Kinko's Inc., which FedEx bought for $2.4 billion in...

Posted on June 18, 2009 12:16 PM

Return to sender: UPS denies TNT rumors (from Corporate Dealmaker)

There is no packaged deal for TNT NV yet. United Parcel Service Inc. may be looking to acquire abroad, but probably not in Europe. UPS denied speculation that it would bid $15 billion for its Dutch rival, claiming the deal would devalue its own shares.Due to an increase in the...

Posted on August 11, 2008 10:58 AM