FedEx, waxed while the economy waned. Or perhaps the economy is not waning after all. Here’s the issue at play: the economy appears to be degrading. Then FedEx comes along yesterday and reports 4th quarter earnings, which were solidly better than expected. Fed Ex is commonly accepted as a bellwether …
Read More »FedEx earnings rise, expects robust 2012
FedEx Corp’s fourth-quarter earnings and outlook beat forecasts as higher shipping rates and tight cost controls more than offset a slowing economic recovery and high fuel prices. More: continued here
Read More »FedEx reports lift in Q4 profit
FedEx Corp says it expects the global economy to hit a higher gear later this year. More: continued here
Read More »FedEx profits amid higher fuel costs
FedEx says its fiscal fourth-quarter profit rose 33% from a year ago as shipping demand isn’t hurt by fuel-cost surcharges. More: continued here
Read More »FedEx 2012 Profit May Top Estimates as Economy Strengthens
FedEx Corp. predicted a fiscal 2012 profit that may exceed analysts’ estimates as a strengthening economic recovery buoys demand for international air-cargo shipments and jet-fuel costs ease. More: continued here
Read More »FedEx Profit May Top Estimates as Economic Recovery Strengthens
FedEx Corp. predicted increased demand for international air-cargo shipments may push fiscal 2012 profit higher than analysts estimated as the economic recovery strengthens and jet-fuel costs ease. More: continued here
Read More »FedEx profit rises, sees robust 2012
FedEx Corp reported a strong fourth-quarter profit on Wednesday despite fuel and economic challenges and forecast robust 2012 earnings, sending its shares up 3 percent in premarket trading. More: continued here
Read More »FedEx profits rise on freight turnaround
FedEx says its fiscal fourth-quarter profit rose 33% from a year ago as an improving global economy lifts demand for its shipping services. More: continued here
Read More »FedEx Profit Rises 33%, Sees Strong 2012
MEMPHIS, Tennessee (TheStreet) — FedEx reported Wednesday that fiscal fourth-quarter earnings rose 33% and it expects strong earnings growth in fiscal 2012. FedEx earned $558 million, or $1.75 a share, in the fourth quarter, up from $419 million, or $1.33 a share, a year earlier. Revenue rose 12% to $10.55 …
Read More »FedEx Corp. Reports Higher Fourth Quarter Earnings
FedEx Corp. (NYSE: FDX) today reported earnings of $1.75 per diluted share for the fourth quarter ended May 31, compared to $1.33 per diluted share a year ago, a year-over-year increase of 32%. More: continued here
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