Outside The Box: A FedEx Package for Bulls

Air and ground freight specialist FedEx ( FDX ) and a company likened to an economic bellwether by many analysts, nearly dropped the package for bulls Tuesday as it slashed its Q3 earnings outlook to a range of $0.70 – $0.90 per share compared to Street views of $1.04. Instead of storming out of shares though, a funny thing happened; bulls opted to forgive and mostly move on ahead. With the …

More: continued here