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FedEx Corp

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  • UPS Shares Sink to 5-Year-Low After Profit Warning Tuesday, 24 Jun 2008 | 10:47 AM ET
    UPS

    United Parcel Service on Monday warned that its second-quarter earnings would be below expectations due to a sluggish U.S. economy and soaring fuel costs.

  • 1) Reliance Steel just jumped 5 percent as they updated guidance, raising it 30 percent from previous guidance, due to much higher increases in carbon steel prices.

  • Market Insider: Tuesday Look Ahead Monday, 23 Jun 2008 | 8:51 PM ET

    United Parcel Services' after the bell earnings warning and the continued meltdown in financial stocks are casting a negative tone on the market ahead of Tuesday's open.

  • UPS Slashes Outlook on Soaring Fuel Costs Monday, 23 Jun 2008 | 6:15 PM ET
    UPS

    United Parcel Service on Monday warned that its second-quarter earnings would be below expectations due to a sluggish U.S. economy and soaring fuel costs.

  • Hanging On By A Thread Monday, 23 Jun 2008 | 5:54 PM ET

    The Dow ended little changed on Monday as renewed concerns about the outlook for financial shares offset gains in energy stocks. What's the "Word on the Street?"

  • Why Is Everyone On The Street So Bearish? Thursday, 19 Jun 2008 | 11:48 AM ET

    I noted yesterday the miserably bearish mood Wall Street has been in recently. The market has been having problems because the central assumption of bulls--that the second half of the year would see a rebound in earnings--is coming under attack. As a result, traders have been taking every opportunity to sell into rallies in June.

  • Dow Headed Below 12,000? Wednesday, 18 Jun 2008 | 5:48 PM ET

    Stocks closed lower again on Wednesday. For a time, the Dow traded below the 12,000 mark for the first time since mid-March. What's the "Word on the Street?"

  • Dow Closes at Lowest Level in 3 Months Wednesday, 18 Jun 2008 | 5:04 PM ET

    Stocks closed lower Wednesday, led by financial and auto stocks after worrisome results from Morgan Stanley, CarMax and FedEx. Regional banks also took a hit after Fifth Third cut its dividend.

  • Financials Force Dow To Close At Three Month Low Wednesday, 18 Jun 2008 | 4:36 PM ET

    The Dow closed at a 3-month low, due to the continuing weakness in financials. New lows expanded at the NYSE to nearly the highest levels in 3 months.

  • Dow Breaches Key Level Amid Bank Worries Wednesday, 18 Jun 2008 | 3:33 PM ET

    Stocks declined Wednesday, led by financials, after worrisome results from Morgan Stanley and a dismal outlook from FedEx. The Dow briefly slipped below 12,000 -- the first time that's happened since March 18, when the market was reeling from the collapse of Bear Stearns.

  • Street Just A Miserable Bear Wednesday, 18 Jun 2008 | 3:06 PM ET

    Many are now pinning their hopes on the dollar...and this is why traders have cheered concerted efforts by Fed officials plus U.S. officials to prop up the dollar. Traders hope a concerted rally in the dollar will see oil trade below $110, stocks will rally, gold will come down..

  • Banks Lead Selloff After Morgan Results Wednesday, 18 Jun 2008 | 11:38 AM ET

    Stocks opened lower Wednesday as investors booed results from Morgan Stanley and a dismal outlook from economy gauge FedEx.

  • FedEx Posts Loss, Gives Weak 2009 Forecast Wednesday, 18 Jun 2008 | 11:05 AM ET
    FedEx

    Package delivery company FedEx Wednesday forecast a weak fiscal 2009 after posting a quarterly loss it blamed on rising fuel prices, an ailing U.S. economy and a previously announced write-down.

  • FedEx Hit By High Oil Prices, Weak Economy Wednesday, 18 Jun 2008 | 9:22 AM ET

    FedEx is the main story this morning, and it is not a pretty picture. Earnings of $1.45 was a bit shy of consensus of $1.47, but that wasn't the big problem. Guidance for the current quarter is well below expectations: $0.80-$1.00 vs. $1.27, as is the full year guidance of $4.75-$5.25 vs. $5.92 consensus.

  • FedEx Adds to Dour Market Mood Wednesday, 18 Jun 2008 | 8:26 AM ET

    Wall Street was bracing for another rough day as investors worried over earnings reports and oil inventories, with bad news from Federal Express adding to the downbeat mood.

  • Market Insider: Wednesday Look Ahead Tuesday, 17 Jun 2008 | 8:58 PM ET

    Sloppy and choppy was the market trend Tuesday, and there's signs it could continue into Wednesday with no economic data on the horizon to drive stocks.

  • Your First Move For Wednesday June 18th Tuesday, 17 Jun 2008 | 6:45 PM ET

    Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now! Now with more plays that ever!

  • Shop-At-Home Trade Tuesday, 17 Jun 2008 | 6:06 PM ET

    Investors are eagerly anticipating FedEx earnings on Wednesday. After Goldman upgraded Amazon, will delivery of purchases made online boost the bottom line?

  • Financials Continue Sell-Off Into Even Modest Rally Tuesday, 17 Jun 2008 | 4:09 PM ET

    How long can this trade (long energy & materials, sell rallies in financials) work? Bulls think it can go on for some time; bears believe we are in a blow-off on energy and materials and it is only working right now because it is the end of the quarter, but will soon stop.

  • FedEx Earnings Preview: All About Oil and the Economy Tuesday, 17 Jun 2008 | 2:03 PM ET
    Paul Jespersen Chavez maneuvers his cart as he makes deliveries along his route in Portland, Ore.

    High fuel prices and a lackluster economy aren't making life easy for FedEx, but that doesn't mean the shipping giant can't make money.