It looks like lower fuel prices are turning into net gains for transportation companies. Finally! FedEx Corporation (NYSE: FDX) has announced that it now expects to post earnings of $1.23 per share…
Corporations often start a business that becomes a famous brand, or buy companies that already have highly recognized brand names. Over time these brands often lose their earnings power. Corporations who find…
These are the early bird Downgrades and negative calls from analysts we are seeing this Thursday morning: Akamai (AKAM) Cut to Market Perform at FBR. Avon (AVP) Cut to Hold at Deutsche…
The market took the UPS (UPS) news hard. High fuel prices and slowing customer demand made the company cut its earnings forecasts, just as rival Fedex (FDX) did a week ago. According…
United Parcel Service, Inc. (NYSE: UPS) is currently halted on NYSE trading. Big Brown decided it better follow the lead of FedEx Corp. (NYSE: FDX) and come clean with an earnings warning. …
The original headlines are showing the huge losses at FedEx Corp. (NYSE: FDX), but this is actually because of charges over at Kinko’s as its reverts to the full FedEx center name…
According to Reuters, Staple (SPLS) has received EU approval for a takeover of Corporate Express. Reuters writes that DreamWorks is in conversations with India’s Reliance. The deal would allow top management at…
FedEx Corporation (NYSE: FDX) came out after the close. Apparently $126 oil is a killer, like no one knew that. When it gave its last earnings warning it was based on fuel…
Citigroup (NYSE: C) cannot syndicate its EMI loan, AMD (NYSE: AMD) has lost its CTO, Fedex’s (NYSE: FDX) CEO sees a slowdown in the economy, and Nokia (NYSE: NOK) can’t sell phones…
FedEx Corp. (NYSE: FDX) has just posted earnings of $1.26 EPS on 9.44 Billion in revenues, while First Call had estimates at $1.23 EPS on $9.148 Billion in revenues. FedEx’s guidance is…
Douglas A. McIntyre Thursday we’ll see earnings out of FedEx Corporation (NYSE: FDX). The estimates from First Call are $1.22 EPS on $9.11 billion in revenues. Next quarter estimates are $1.95 EPS on $9.45 billion…
Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close. But these did all touch or breach the 52-week lows. At the end…
This is not every bit of news on individual stocks but this is the major news affecting many shares in pre-market activity this Thursday morning: Accenture (ACN) stock up 4% after posting…
Fred Smith, the long-times CEO of FedEx (FDX) thinks that the global recession can’t be avoided. The American economy is not growing, and its multinational companies won’t find enough business outside the…
Douglas A. McIntyre According to Reuters, a study by America’s Research Group says most shoppers will wait to buy until late in the month, looking for sales. Reutes writes that Nasdaq (NDAQ) has opened its…