FedEx Boosts Profit Forecast, Stock Jumps
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FedEx Corp. FDX.N on Monday raised  its earnings forecasts, citing strong demand in several of its  businesses despite concerns about the slowing growth in the  U.S. economy.
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Transportation management company Hub Group Inc.  said on Monday its quarterly net profit rose, citing higher freight revenue in its truck brokerage and intermodal services.
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MEMPHIS, Tenn. - The FedEx Corp., the delivery giant, reported Thursday its second quarter earnings soared due to a strengthening economy and continued growth in overseas and ground shipping.
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Package delivery company FedEx Corp  said on Thursday quarterly profit rose despite a slowing U.S. economy.
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Package delivery company FedEx Corp.  said on Wednesday its quarterly net profit rose despite slowing U.S. economic growth, with gains in its express, freight and ground delivery units.
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Goldman Sachs Group Inc. GS.N on  Thursday said fourth-quarter profit rose as its fixed-income,  currency and commodities business soared while a rebounding  stock market boosted investment banking.
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The company said third-quarter profit rose more than expected, boosted by higher aircraft deliveries, but it scaled back next yearâs forecast due to delays on its  787 Dreamliner.
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U.S. stocks rose on Friday as a report showing stronger-than-expected job growth boosted optimism about the outlook for profits.
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Package delivery company FedEx Corp   on Thursday reported a lower quarterly profit, citing  weak U.S. economic growth and high fuel costs, but the results  beat analyst estimates.
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FedEx Corp. raised first-quarter and fiscal 2005 earnings guidance on Monday, citing strong demand across international express, ground and less-than-truckload services.
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FedEx Corp., the world's top  air-express shipper, on Wednesday said quarterly earnings more  than doubled on strong revenue growth in its international,  ground and freight services.
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U.S. stocks rose on Monday as  investors bet signs of strength in the economy meant companies  will beat profit forecasts as the second-quarter earnings  season kicks off.
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Transportation management company Hub  Group Inc.  said on Monday its quarterly net profit  rose, citing higher freight revenue in its truck brokerage and  intermodal services.
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United Parcel Service Inc.  said on Thursday its quarterly profit rose but missed expectations as shortfalls in its U.S. package business and rising fuel prices offset strength internationally.
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Shares jumped nearly 4 percent after the low-cost carrier reported its first third-quarter profit in two years on higher occupancy rates and capacity.
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United Parcel Service Inc. UPS.N  said on Thursday its quarterly profit rose but missed  expectations as shortfalls in its U.S. package business and  rising fuel prices offset strength internationally.
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FedEx Corp. had a "strong" pre-Christmas holiday season and a newly introduced fuel surcharge is enough to address concerns over margins in its ground business, Chairman and CEO Fred Smith said on Monday.