FedEx profit beats expectations
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Package delivery company FedEx Corp.   FDX.N said on Thursday its quarterly profit jumped 40   percent, beating expectations, on strong growth in its ground   and freight segments.
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The results surpassed Wall Street's expectations in both sales and profit, with fourth-quarter earnings reaching $3 billion for the first time in the company's history.
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The company's fourth-quarter earnings beat analyst expectations.
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Federated Department Stores Inc.  FD.N, parent of Macy's and Bloomingdale's, posted  higher-than-expected quarterly earnings on Wednesday, as the  company rebounded from the Florida hurricanes.
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Federated Department Stores Inc.  , parent of Macy's and Bloomingdale's, on Wednesday said  quarterly profit rose, helped by a cash refund, and it raised  its earnings forecast for the second half of the year.
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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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Third-quarter profit, helped by sales of jet fighters and electronic warfare systems, beat Wall Street expectations, but the companyâs forecast for next year was slightly below analystsâ estimates.
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FedEx reported higher-than-expected fiscal first quarter earnings on Thursday, but lowered its outlook for the full year.
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Quarterly profit soared thanks to new products, increased marketing and improvement in international business, the company said.
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Lehman Brothers Holdings Inc. , said on Tuesday that quarterly profit rose 27 percent, beating expectations, on surging revenue from bond underwriting and stock trading.
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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. said Tuesday that its first-quarter earnings more than doubled, helped by a strengthening worldwide economy and expansion of its international express and ground shipping businesses.
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United Parcel Service Inc  on Tuesday posted a better-than-expected profit citing growth in its global business, supply chain and freight unit, plus modest growth in its U.S package business despite a "sluggish" economy.
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Package delivery company FedEx Corp  reported lower quarterly profit on Thursday, citing weak U.S. economic growth and high fuel costs, and gave an outlook for the current quarter below analyst estimates, sending its shares 1 percent lower.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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United Parcel Service Inc., the  world's largest package carrier, said on Thursday its quarterly  profit rose, driven in part by strength in its international  and non-package businesses.
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Railroad company Burlington Northern  Santa Fe Corp  posted better-than-expected quarterly  profit on Tuesday, as strong pricing offset lower freight  volumes, sending its shares up 4 percent.