FedEx

Dec. 9 (Bloomberg) — U.S. stocks slid, halting a two-day advance, after companies from FedEx Corp. to Danaher Corp. forecast earnings that disappointed investors as the deepening recession crimps sales. More: continued here

The FedEx Corporation reduced its forecast for fiscal 2009 earnings and capital spending as the slumping economy cut into package deliveries. More: continued here

Dec. 9 (Bloomberg) — U.S. stocks fell, halting a two-day advance, after companies from FedEx Corp. to Danaher Corp. forecast earnings that disappointed investors as the deepening recession crimps sales. More: continued here

Dec. 9 (Bloomberg) — U.S. stock-index futures drifted between gains and losses as speculation that government stimulus programs will boost the economy offset forecasts from FedEx Corp. and Texas Instruments Inc. that disappointed investors. More: continued here

Dec. 9 (Bloomberg) — FedEx Corp. , the second-biggest package-delivery company, tumbled the most since 1987 in New York trading after cutting its annual profit outlook because of dwindling demand. More: continued here

Dec. 9 (Bloomberg) — U.S. stock futures fell, indicating the market may halt a two-day advance, after companies from FedEx Corp. to Texas Instruments Inc. forecast earnings that disappointed investors as the recession crimps sales. More: continued here

FedEx cut its forecast for fiscal 2009 earnings and capital spending on Monday as the slumping economy cut into package deliveries. More: continued here

Stock market futures edged lower, reversing early gains, as investors eyed reduced earnings forecasts from Texas Instruments, FedEx Corp. and others, while lawmakers pressed forward with a rescue package for the auto industry. More: continued here

FedEx Freight and FedEx National LTL will implement 5.7-percent general rate increases effective Jan. 5, 2009. The GRI will apply to interstate and intrastate traffic, as well as certain shipments between the United States and Canada and Mexico. More: continued here

Shares of the package carrier fall nearly 8%. More: continued here