Latest news on ‘Retail & Services Secondary’
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FedEx Profit Beats Estimates as Shipments Show Consumer Strength
Bloomberg – FedEx Corp. posted quarterly profit that beat analysts’ estimates as U.S. consumers bolstered by a better labor market increased holiday orders from online retailers.
Demand in the home delivery [...] -
UPS May Hire 55,000 More for Holidays as Peak Shipping Gains
Bloomberg – United Parcel Service Inc. may hire 55,000 holiday workers this year, a 10 percent increase from 2010, to help with shipping gains bolstered by online shopping.
More than 120 [...] -
FedEx Lowers Outlook
Wall Street Journal – Weak demand from consumers in the U.S. and Europe for electronics manufactured in China has sapped strength from international air-freight volumes, a stark illustration of the [...]
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FedEx gives positive 4Q outlook, shares jump
NEW YORK (AP) — FedEx Corp. says slow-but-steady economic growth should produce strong earnings for the current quarter, although fuel prices and Mideast turmoil remain big uncertainties.
The world’s second-largest package [...] -
FedEx cuts earnings outlook, citing storms
NEW YORK (Reuters) – FedEx Corp (NYSE:FDX – News) cut its earnings forecast for the current quarter, citing disruption from winter storms in the United States and Europe and higher [...]
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AmEx Leads Dow Index Lower as Stifel Says Credit Fees May Be `Next Target’
Bloomberg – American Express Co. fell the most in the Dow Jones Industrial Average after Stifel Nicolaus & Co. said proposed federal caps on debit-card fees may be followed by [...]
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FedEx to Analysts: Judge Us on 2012
MEMPHIS (TheStreet) — Just as in the previous quarter, FedEx(FDX) reported strong growth Thursday, but it got slammed by Wall Street in early post-earnings trading.
The problem — again — is [...] -
FedEx A Good Buy Despite Quarterly Numbers– CNBC (FDX)
FedEx (NYSE: FDX) showed disappointing quarterly earnings numbers. However, contrarian analysts think that the stock is a good buy.
In an interview with CNBC, Don Broughton, analyst with Avondale Partners said, “We are impressed with the [...] -
TUI’s Net Loss Narrows
By HILDE ARENDS
FRANKFURT—German tourism and shipping company TUI AG on Monday reported a narrower net loss in the fiscal first-quarter on reduced administrative expenses and improvements in taxes, and said [...] -
UPS Forecasts ‘Gradual’ Economic Improvement In 2010
By Bob Sechler – DJ
United Parcel Service Inc. (UPS) executives forecast a gradual global rebound in 2010, with a challenging first quarter but economic conditions steadily improving throughout the year.
“It [...]
