FedEx

FedEx Corp. shares took off Wednesday after executives said the Memphis-based package-delivery firm will earn more profits in the first quarter of its fiscal year than they had expected. More: continued here

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Shares of FedEx Corp. rose in Wednesday afternoon trading with analysts cautiously optimistic about the company’s higher fiscal first-quarter earnings forecast. More: continued here

FedEx Corp. expects first-quarter earnings to exceed guidance announced at the end of the previous financial period. But the package delivery company left its annual outlook for 2009 unchanged Wednesday and announced cuts in capital spending for the year. More: continued here

Sept. 10 (Bloomberg) — U.S. stocks rose as investors snapped up energy shares trading at their cheapest level in 18 months, while better-than-forecast earnings at FedEx Corp. buoyed industrial companies. More: continued here

Sept. 10 (Bloomberg) — U.S. stocks advanced after Lehman Brothers Holdings Inc. said it will shore up capital by selling assets, FedEx Corp. beat profit estimates and energy shares rallied with oil. More: continued here

Investors may flock to shares of FedEx Corp. on Wednesday, after the package delivery company boosted its fiscal first-quarter earnings prediction on lower-than-expected fuel costs and tight cost management. More: continued here

Stocks headed for a flat to higher open on Wednesday as uncertainty about the outlook for investment bank Lehman Brothers tempered news of positive outlooks from chip maker Texas Instruments and shipper FedEx . More: continued here

Sept. 10 (Bloomberg) — U.S. stock-index futures rose after forecasts from FedEx Corp. and Texas Instruments Inc. allayed concern that earnings will keep slowing and Lehman Brothers Holdings Inc. surged 23 percent before announcing “key strategic initiatives.” More: continued here

NEW YORK (Reuters) – Stocks headed for a flat to higher open on Wednesday as uncertainty about the outlook for investment bank Lehman Brothers (LEH.N) tempered news of positive outlooks from chip maker Texas Instruments (TXN.N) and shipper FedEx (FDX.N). More: continued here