8:02am ET
Transportation
Woeful FedEx Outlook Comes True
FedEx Corp. (NYSE: FDX) this morning reported first fiscal quarter earnings per share (EPS) of $1.45 on revenue of $10.79 billion. In the same period a year ago,…
Paul Ausick
Companies
/Industrials
Fedex Corp
$303.65
▼ $2.23 (−0.73%) today
Markets closed · 12:39pm ET
FDX Coverage
Page 29 Paul Ausick 4:02pm ET
Investing
24/7 Wall St. Closing Bell — September 17, 2012: Markets Run Out of Steam (NFLX, TSLA, UA, WFC, X, LDK, CCL, FDX, SHOSR, IRIS, THLD, JAZZ)
The three major U.S. stock indexes opened lower this morning on the absence of any big macroeconomic data in Asia or Europe. Tensions between China and Japan over a handful of islands…
11:42am ET
Investing
12 Key Earnings Previews For The Week Ahead (CCL, FDX, ADBE, BBBY, AZO, KMX, CTAS, CAG, JEF, ORCL, TIBX, KBH)
This is not exactly a packed week for earnings like you would see in earnings season, but we still have many key earnings reports. We have provided previews for the following: Carnival…
6:32am ET
Investing
Media Digest (9/11/2012) Reuters, WSJ, NYT, FT, Bloomberg
George Soros says Germany should back the European Union or leave it. (Reuters) The new Apple Inc. (NASDAQ: AAPL) iPhone could boast fourth-quarter gross domestic product by 0.5%, according to a J.P. Morgan Chase…
4:06pm ET
Investing
24/7 Wall St. Closing Bell — September 5, 2012: Markets on Hold for ECB Announcement (FDX, FB, TWX, CHK, RIO, BLMN, FNSR, PBY, DG, FCEL, HWD, KFY, PAY, LAYN, NAV, NOK, BONT, FRAN)
The three major U.S. stock indexes opened flat to slightly lower again this morning even though word leaked out of the European Central Bank’s likely bond-buying scheme (our coverage here). Official word…
8:58am ET
Investing
Top Analyst Upgrades and Downgrades (ATVI, ADTN, AMD, AOL, CHK, CLF, CVGI, EA, LLY, FB, FDX, GRPN, HES, LNKD, OSIS, GOLD, RIO, STM, TWX, TIVO, WAB, ZNGA)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Activision Blizzard Inc. (NASDAQ: ATVI) started as Buy at Jefferies. Adtran Inc. (NASDAQ:…
6:25am ET
Investing
Media Digest (9/5/2012) Reuters, WSJ, NYT, FT, Bloomberg
Facebook Inc. (NASDAQ: FB) will not sell shares to cover a $2 billion tax bill. (Reuters) Government papers accuse BP PLC (NYSE: BP) of gross negligence in the Deepwater Horizon incident. (Reuters) Nokia…
6:37pm ET
Investing
FedEx Slashes Earnings Forecasts
There are not many companies the results of which are a nearly complete mirror of the global economy. FedEx Corp. (NYSE: FDX) comes close, as it ships tens of millions of packages a…
Douglas A. McIntyre 9:12am ET
Jobs
FedEx to Offer Employees Buyout Incentives (FDX, UPS)
The slowdown in global economic growth is taking a toll on FedEx Corp. (NYSE: FDX) and the company today announced a move to try to cut expenses. The company will offer voluntary…
11:03am ET
Investing
Pension Obligations and Lower Volume Driving $5.2 Billion Postal Service Loss
The U.S. Postal Service is posting a whopping $5.2 billion loss for its June quarter. The losses are widening and its metrics keep getting worse. Concerns are growing as mail volume continues to decline…
8:15am ET
Transportation
More Macro Headwinds as UPS Joins Earnings Warning Confession Booth (UPS, FDX)
United Parcel Service, Inc. (NYSE: UPS) is joining the flow of big important companies reporting disappointing earnings. While the earnings were up 7.5% from a year ago, the 2012 guidance is suggesting…
4:06pm ET
Investing
24/7 Wall St. Closing Bell — July 12, 2012: Markets Continue Slide on No Signs of Easing
The three major US stock indexes opened lower this morning following yesterday’s release of the minutes of the June FOMC meeting which did not raise hopes for another round of Fed easing.…
8:29am ET
Investing
Top Analyst Upgrades & Downgrades (ADTN, AMCX, ADM, BBVA, BHP, CSIQ, CVX, DAL, FDO, FDX, HSH, JBLU, LXK, LDK, MRK, PG, RHT, LUV, SPWR, SVU, TSN, UAL, VLO, DIS)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. There are many reports this morning! ADTRAN Inc. (NASDAQ: ADTN) Cut to Hold…
12:35pm ET
Transportation
Ryder Shares Sink on Revised Forecast (R, CNW, FDX)
Shares of Ryder System Inc. (NYSE: R), the truck rental and leasing firm, are getting pummeled today following last night’s revisions to the company’s second quarter and full fiscal year forecasts. The…
6:35am ET
Media
Media Digest (6/20/2012) Reuters, WSJ, NYT, FT, Bloomberg
The Federal Reserve may act to spur the faltering economy. (Reuters) The G20 backs aggressive actions to combat Europe’s financial problems. (Reuters) Microsoft (NASDAQ: MSFT) did not tell its PC customers, including…