FedEx Likely to Report Record Package Deliveries, Strong Earnings Wednesday

NEW YORK (TheStreet) — When FedEx reports quarterly earnings before the opening bell on Wednesday, it will likely report Monday's deliveries set record numbers as Internet shopping continues to take market share from brick-and-mortar store sales. In addition, lower fuel costs this holiday season should boost the bottom line for a stock that set an all-time intraday high at $183.51 on Dec. 8 …

More: continued here

Leave a Reply

Your email address will not be published. Required fields are marked *