Wednesday 10 October 2012

FedEx cutting costs & Yum! Q3 profits beat market projections

FedEx have also unveiled a plan to boost profits by $1.7 Billion by cutting costs. Plans are to cut their services division expenses by around $200m and also replace around 5,000 older vehicles with newer more fuel efficient one. Opening this morning on Wall Street up 5.16% Yum! Brands who own...

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