Fedex sees improved results ahead; shares rise

US HOT STOCKS: Compugen, Psivida, Achillion Pharma, Finish LineWall Street JournalChannel Advisor said eBay benefitted late from scarcity and that its same-store sales were up 6% though Dec. 20. Janney says that data may ease concerns …and more » More: continued here

FedEx says it wants to expand its Southwestside sorting hub at a cost of $34 million, the second local expansion notice this month from the package express giant. More: continued here

Canada.com Stanford 'Intends to Fight' Civil Charges: LetterCNBC, Englewood CliffsAccused fraudster R. Allen Stanford "intends to fight" the civil charges against him, and is the victim of "unconstitutional" conduct by the federal government. Those words are in a letter to Stanford's employees—obtained by CNBC—written by Kathy …Dallas court documents reveal Houston billionaire hires civil …Justice News…

Business Insider eBay launches new membership programBusiness InsidereBay has launched a new membership program in Germany similar to that of its competitor's Amazon Prime program, reports CNET. The program, called eBay Plus, is a subscription service that offers free, express shipping to customers for goods from … More: continued here

FedEx Corp. (FDX) , operator of the world’s largest cargo airline, cut its full-year profit forecast after winter storms caused fiscal third-quarter results to fall below analysts’ estimates. More: continued here

FedEx posts better-than-expected results as it bounces back from a tough third quarter when severe weather disrupted delivery services. More: continued here