FedEx Net Income Up 14%
FedEx released its second quarter financials on Dec. 18, which showed a net income of $500 million, up 14% from last year’s $438 million.
2Q
Sears Reports $194 Million Loss 2nd Quarter
The Sears Holding Corporation, which operates Sears, Roebuck and Co., and Kmart, reported a 6% or $194 million loss in the second quarter. However, the online sales for both sears.com and kmart.com grew over 20%.
Innotrac Reports 27% Increase in Net Service Revenue
Innotrac announced its financial results for the second quarter and is reporting a 27% increase in net service revenues.