FedEx Raises Forecast, Stock Climbs
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FedEx Corp. FDX.N on Monday raised  its earnings forecast for the fiscal first quarter and full  year, citing strong demand for its international express,  ground and less-than-truckload services.
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Stock futures rose on Tuesday as news of an executive reshuffle at Starbucks Corp  sent the coffee chain's stock higher, while an advance in oil prices underpinned gains by energy companies.
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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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U.S. stocks gained on Friday, lifted by government data showing stronger-than-expected job growth last month and a surge in the shares of Citigroup Inc.
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U.S. stocks advanced on Tuesday after stronger-than-expected data on the services sector and a tamer-than-expected rise in labor costs pointed to economic and profit growth with moderating inflation.
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Shares of United Parcel Service Inc. moved higher in trading Wednesday, while DHL Express appears not to be garnering the US market share it originally expected.
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FedEx (FDX ) raised raised its 2005 profit forecast for a second time. The package-delivery giant sees $4.40 to $4.60 earnings per share, vs.
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FedEx Corp. FDX.N, the world's top  air-express shipper, on Thursday said quarterly profit more  than tripled on strength in its international, ground and  freight businesses, and the company raised its full-year  earnings forecast.
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FedEx Corp., the largest overnight package-delivery company, raised its 2005 profit forecast for a second time and said it will boost capital spending as economic growth bolsters demand for shipping.
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U.S. stock futures jumped on Friday,  pointing to a higher market open, after a government report  showed U.S. September retail sales data rose  higher-than-expected.
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The FedEx Corp., the huge package delivery courier, 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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Express shipping giant FedEx Corp. on Wednesday reported that first-quarter earnings more than doubled on sharply higher revenue and average daily package volumes to meet Wall Street expectations.
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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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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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U.S. stocks rose on Thursday as data  showing inflation slowed last month boosted investors' hopes  that the Federal Reserve will keep to its course of measured  interest rate hikes.
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U.S. stock futures rose on Friday,  pointing to a higher market open, after monthly employment data  assured investors that the Federal Reserve was unlikely to  raise interest rates aggressively.