12/18/08 Packaging company FedEx (FDX) announced this morning that its fiscal second quarter earnings rose by 3%, but due to shrinking demand, executive paycuts will ensue in order to spare expenses.
NYFP | December 18, 2008
Tags:. .fedex. .salaries. .shrinking. .ensue. .fiscal
Announced Demand Due Earnings Ensue Executive Expenses Fedex Fiscal Morning Order Packaging Quarter Rise Rose Salaries Shrinking Sink Spare