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FedEx Reports Earnings; Adobe Heats Up; La-Z-Boy Bounces

First up is FedEx (FDX), which just reported quarterly results at 7:30 this morning. The company more than delivered on earnings posting $2.13 a share when estimates were for $1.96. As for revenues, they were in line with expectations. The … Continue reading → More: continued here

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Bulls Want FedEx to Deliver

By Pete Najarian, co-founder of OptionMonster NEW YORK — FedEx reports earnings Wednesday before the bell, and traders are looking for the stock to deliver. OptionMonster’s tracking programs detected a roll up from the June 105 calls to the July 110s. They sold the 105s for 52 cents and bought …

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