Fedex Plans $1.2b Noncash Charges -- Kinko's Write-Down of $810m Traced to Expenses, Economy

Summary


FedEx said Wednesday it expects to record about $1.2 billion in noncash charges when fourth-quarter results are reported June 17.

The Memphis-based express delivery company said charges include $810 million in impaired goodwill value for the former Kinko's brand.

See the full content of this document

Extract


Fedex Plans $1.2b Noncash Charges -- Kinko's Write-Down of $810m Traced to Expenses, Economy

FedEx said in a filing with the Securities and Exchange Commission: ...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company