FedEx Earnings More Than Double
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FedEx Corp. FDX.N, the world's top  air-express shipper, on Wednesday said quarterly earnings more  than doubled on strong growth in its international, ground and  freight services.
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CHICAGO -- Boeing Co. said Wednesday its 4th-quarter earnings more than doubled due largely to robust commercial airplane and defense system business. The results beat Wall Street forecasts and sent the stock up nearly 5 percent in morning trading on the New York Stock Exchange.
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The European aerospace giant EADS today announced that it had more than doubled its profits in the first nine months of the year. EADS said the increase was helped by a surge in deliveries of its Airbus passenger jets.
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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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The company said earnings jumped because of shipments recovered after a labor dispute and a rise in demand for specialty metals used in power plants.
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Profits double at American Greetings as new initiatives gain traction.
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U.S. stocks edged higher on Thursday,   buoyed by strong earnings from economic bellwether FedEx Corp.   FDX.N and an interest-rate pause by the Federal Reserve that   reassured investors about the outlook for profit growth.
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Earnings are evidence that rising commodities aren't always simple.
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Shares FedEx Corp. FDX.N rose before  the bell on Monday, after the express shipping company raised  its earnings forecast for the first quarter and the full year,  citing strong demand for its services.
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The data storage vendor said second-quarter profit rose to $334.4 million as it recorded double-digit sales gains at its biggest businesses.
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FedEx Corp. FDX.N on Monday raised  its earnings forecast for the fiscal first quarter and full  year due to strong demand in several of its businesses despite  concerns about the slowing growth in the U.S. economy.
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U.S. investment bank Morgan Stanley   on Wednesday said its second-quarter earnings more than  doubled, trouncing expectations amid strong increases in  underwriting and trading revenue.
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FedEx Corp. (FDX.N: Quote, Profile, Research) , the world&#39;s top air-express shipper, on Thursday said quarterly profit more than tripled on strength in its international, ground and freight
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Excluding the one-time items, earnings per share more than doubled at the publisher as revenue rose nearly 20 percent.
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FedEx Corp. (FDX.N: Quote, Profile, Research) said quarterly profit nearly quadrupled on in its international, ground and freight businesses, but the stock slipped on disappointment over the margins.
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Stock market bulls are betting strong second-quarter profits will send equities even higher with the earnings reporting season in full swing this week.
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Caterpillar Inc. CAT.N said on  Thursday quarterly earnings more than doubled on continued  strong demand for its heavy equipment.