Air Freight & Logistics

The markets closed with modest gains, yesterday, drifting away from any further late-day sell-off that had affected stocks in the last few days. The indices ended on a winning side, helped by positive economic data and higher profit outlook from package shipper FedEx Corporation (NYSE:FDX).   The...

Boyd Gaming Corporation (NYSE: BYD) was downgraded by BMO Capital from "market perform" to "underperform." BYD's shares closed at $9.70 yesterday. Boyd Gaming's PEG ratio is -5.45. RW Baird downgraded C.H. Robinson Worldwide Inc (NASDAQ: CHRW) from “outperform” to “neutral.” CHRW's stock closed at...

Deutsche Bank is out with its report on FecEx (NYSE: FDX) in which it raises estimates on FDX. In its report, Deutsche Bank writes, "We are maintaining our FY2011 EPS estimate of $5.17 and raising our FY2012 EPS estimate to $6.32, up from $6.15. We have improved our FH2 EPS estimates offsetting the...

J.P. Morgan is raising its PT on FedEx Corporation (NYSE: FDX) from $112 to $114.

Analysts at RW Baird downgrade C.H. Robinson Worldwide Inc (NASDAQ: CHRW) from “outperform” to “neutral.” The target price has been raised to $87 from $80. CHRW shares gained 1.24% to close at $79.20 yesterday. More Analyst Ratings here

Transportation giant FedEx Corp. (NYSE: FDX) recently raised its full-year forecasts despite a drop in profits and an increase in revenues in the second quarter, providing positive price support to the(...)Read the rest of Transportation ETF Likely To Keep Rolling (IYT, FDX) Copyright 2010...

Cusick's Corner The market continues to rise in the face of the Dollar, DXH11, over .80 the Euro, FXE, hovering at 132 and the Volatility Index VIX is at 17.43, a level that we have not seen since April. I am watching the strength of this uptrend into the After Hours -- I want to see the market...

FedEx (NYSE: FDX) reported weaker-than-expected Q2 results. The company's earnings came in at $0.89 per share, down from $1.10 per share, in the year-ago quarter. The company posted earnings at $1.16 per share, after excluding charges. The company's revenue increased 12% y/y to $9.63 billion....

FedEx Corporation (FDX) reported second quarter of fiscal 2011 financial results that fell below the Zacks Consensus Estimates. Quarterly adjusted EPS of $1.16 was below the Zacks Consensus Estimates of $1.31. Management cited higher fuel costs and the reinstatement of employee compensation and...

FedEx Corporation (FDX) reported second quarter of fiscal 2011 financial results that fell below the Zacks Consensus Estimates. Quarterly adjusted EPS of $1.16 was below the Zacks Consensus Estimates of $1.31. Management cited higher fuel costs and the reinstatement of employee compensation and...

• FedEx (NYSE:FDX) reported fiscal second quarter earnings of $1.16, lower than the Zacks Consensus Estimate of $1.31, revenues which are up 12.1% to $9.63 billion, lower than the Zacks Consensus Estimate of $9.749 billion • General Mills (NYSE:GIS) reaffirmed full-year projections at $2.46-$2.48...

• FedEx (NYSE:FDX) reported fiscal second quarter earnings of $1.16, lower than the Zacks Consensus Estimate of $1.31, revenues which are up 12.1% to $9.63 billion, lower than the Zacks Consensus Estimate of $9.749 billion • General Mills (NYSE:GIS) reaffirmed full-year projections at $2.46-$2.48...