Corrections & Clarifications
"FedEx: Gaining on the ground" (The Corporation, Dec. 16, 2002)
In "FedEx: Gaining on the ground" (The Corporation, Dec. 16), a table accompanying the story should have listed 2001 profits for FedEx of $584 million, not $1 million, and should have said the share of operating profits from ground shipments in 2001 was 16.3%, not 14.7%. Also, the company now says that it has spent a total of $3 billion over the past five years to build up its ground service, including freight delivery. BusinessWeek reported that FedEx spent $1.2 billion, based on an analyst's estimate for parcel-delivery operations alone.
"Which adviser knows the way?" (BusinessWeek Investor, Nov. 25, 2002)
In "Which adviser knows the way?" (BusinessWeek Investor, Nov. 25), we should have noted that in July, 2000, the curriculum for the Chartered Financial Consultant (ChFC) designation was changed so that it is now similar to that of the Certified Financial Planner (CFP) designation.
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Copyright 2002, Bloomberg L.P.
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