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News in-depthRetail sector
How retail stocks went from ‘recessionary playbook’ to market casualty
...“We did not anticipate that transportation and freight costs would soar the way they have,” echoed Target’s chief executive Brian Cornell....
May 20, 2022
Trade Secrets
Flexport’s CEO on the mystery and messiness of global supply chains Premium content
...The federal government doesn’t play a strong enough role. They don’t need to run them, but hey, let’s invest in them.”...
October 27, 2021
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
FT AlphavilleCoronavirus
The ESG case for the Oxford/AstraZeneca vaccine
...After such strong reads from the first two releases (three if we count Russia’s Sputnik V), the disappointing AZN figures were perhaps bound to prompt downward pressure on the company’s shares....
December 23, 2020
#techFT
Xerox needs to add more paper
...A merger could strengthen two Silicon Valley legends (think the original HP start-up garage and the innovation that came out of the Xerox PARC laboratory) against strong Asian competition....
November 6, 2019
United Parcel Service Inc
UPS profits boosted by strong US online shopping
...UPS and its rival FedEx face growing competition from Amazon, as the ecommerce giant has sought to expand its shipping operations on the ground and in the air in an effort to cut freight costs and speed...
October 22, 2019
Equities
Markets Now - Monday 3rd August 2020
...A year and ten months after that, the actual POTUS is using mafia tactics to break up Bytedance on undefined national security grounds. History is a relentless master....
August 3, 2020
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
UK business
UK economists’ survey: recovery will be slower than in peer countries
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
January 3, 2021
Uber IPO
Uber aims to maintain heavy spending to keep rivals at bay
...On Mr Khosrowshahi’s watch, Uber has highlighted its spending to bulk up new ventures such as the Uber Eats food delivery service, its Freight trucking arm and electric bike and scooter rentals....
April 12, 2019
News in-depthUS & Canadian companies
Uber and Lyft shift up a gear in IPO race
...On average, the 2018 class was up 26 per cent from the offer price and the year’s tech deals were up about 50 per cent, according to Dealogic. Deal flow has also picked up....
September 27, 2018
The Big ReadGregory Meyer
‘A good living but a rough life’: trucker shortage holds US economy back
...In the first quarter, enforcement of the rule created demand for another 80,000 drivers, above and beyond that from the strong freight market, says Noel Perry, a consultant with Transport Futures....
July 8, 2018
US & Canadian companies
Cargill’s bets on animal protein pay off as profits hit record
...But we have held up reasonably well” relative to competitors, Mr Smits said....
July 12, 2018
US equities
UPS shares hit on bumper day for corporate results
...UPS’s international business also turned in a strong quarter, with revenue up almost 3 per cent to $3.1bn....
July 27, 2017
LexChristopher Thompson
Best of Lex: your weekly round-up
...One idea for Uber, then, is to install a strong chief operating officer in the mould of Facebook’s Sheryl Sandberg. Or better yet a new CEO such as Google’s Eric Schmidt....
June 16, 2017
US & Canadian companies
UPS boosted by rising ecommerce shipments
...In the supply chain and freight logistics business, operating profits excluding the accounting charges were up 11 per cent at $199m, on revenues up 6 per cent at $2.61bn....
February 2, 2016
Transport
FedEx profits rise on falling fuel costs
...Operating income at FedEx Freight grew to $68m, from $35m last time, on revenue up 6 per cent to $1.43bn....
March 18, 2015
FT Live
Outstanding Directors Exchange
Fostering trust for steadfast leadership
Wednesday, 12 JuneHarvard Club of New York City, West 44th Street, New York, NY, USA
Support services
Strong quarter boosts FedEx’s full-year income
...FedEx Ground enjoyed fourth-quarter operating income up 5 per cent from last year’s adjusted figure to $586m, on revenue up 8 per cent to $3.01bn....
June 18, 2014
US & Canadian companies
UPS sticks to full-year results forecast
...Kurt Kuehn, chief financial officer, said the third-quarter results had been strong and in line with the company’s expectations....
October 25, 2013
US & Canadian companies
UPS benefits from rise in post-Christmas returns
...Operating profit at supply chain and freight, the company’s freight forwarding business, was 13.9 per cent down to $143m, on revenue up 0.9 per cent to $2.18bn....
April 25, 2013
US & Canadian companies
US results raise fresh fears for economy
...However, UPS reported relatively strong results in spite of the difficult economic conditions, and its shares closed up 3 per cent....
October 23, 2012
Q&ABusiness education
MBA 2013
...You may wish to explore general management programmes v specialising....
January 30, 2013
Life & Arts
Amazing spider-men
...‘Golden Spider Silk’, V&A Studio Gallery, January 25 – June 5...
January 13, 2012
US downturn
US data boost homebuilding stocks
...Homebuilders led a strong rally in US stocks as the S&P 500 enjoyed its best day so far in December....
December 20, 2011
US & Canadian companies
UPS warns debt crisis is hurting world trade
...Beneath the top line numbers, UPS reported strong performances across its business lines....
July 26, 2011
Middle East protests
Clouds of downturn slowly start to lift
...There is no longer the fear that the ground is going to fall from under you....
May 16, 2011
Eurozone economy
Bourses flag on periphery fears
...European equity markets gave back some ground this week on concerns over eurozone debt and the pace of economic recovery....
September 17, 2010

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