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FedEx Corporation Misses Estimates (FDX)
Thursday, December 16, 2010 - 8:12am | 257Read More...Memphis, Tennessee-based FedEx Corporation (NYSE: FDX) released financial results on Thursday morning that missed Wall Street estimates. FedEx Corporation announced that its 2nd quarter net income fell 18% to $283 million, or 89 cents per share, from $345 million, or $1.10 per share, a year earlier...
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FedEx Corp. Reports Second Quarter EPS of $1.16
Thursday, December 16, 2010 - 7:45am | 45Read More...FedEx Corp. (NYSE: FDX) today reported earnings of $0.89 per diluted share for the second quarter ended November 30. Excluding certain charges described below, second quarter earnings were $1.16 per diluted share, compared to $1.10 per diluted share a year ago.
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US Stock Futures Mixed As Traders Await The Job And Housing Data And The EU Summit
Thursday, December 16, 2010 - 7:38am | 275Read More...US stock futures are mixed this morning, as the traders are awaiting the jobs and housing data as well as the summit of European leaders to begin in Brussels. Futures on the Dow Jones Industrial Average lost 5 points to 11,410 and S&P 500 futures fell 0.70 points at 1,231.40. Nasdaq 100 futures...
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FedEx To Acquire Mexican Delivery Company, MultiPack
Thursday, December 16, 2010 - 7:31am | 49Read More...FedEx Corp.(NYSE: FDX) announced today that it has signed an agreement to acquire MultiPack, a Mexican domestic express package delivery company. The transaction is expected to close in the second calendar quarter of 2011, subject to regulatory approvals and customary conditions.
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Futures Remain Flat as FedEx Results Outweigh Jobs, Housing Data
Thursday, December 16, 2010 - 7:11am | 36Read More...Stock futures were little changed going into Thursday's session as a disappointing earnings report by FedEx (NYSE: FDX) outweighed generally-positive economic data on housing and jobs.
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Futures Remain Flat as FedEx Results Outweigh Jobs, Housing Data
Thursday, December 16, 2010 - 7:11am | 36Read More...Stock futures were little changed going into Thursday's session as a disappointing earnings report by FedEx (NYSE: FDX) outweighed generally-positive economic data on housing and jobs.
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Stocks To Watch For December 16 (ACN, DHR, FDX, THG, ORCL)
Thursday, December 16, 2010 - 4:14am | 221Read More...Some of the stocks that may grab the investor focus today are: Wall Street expects Accenture plc (NYSE: ACN) to report its FQ1 EPS at $0.75. ACN shares gained 0.22% to $46.20 in after-hours trading. Danaher Corp (NYSE: DHR) lifted and narrowed its Q4 earnings guidance and issued 2011 projections in...
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Earnings Scheduled For December 16 (ACN, FDX, ATU, ORCL, RIMM, GIS, BRLI, SHLO, MCS, RAD, ZQK, SCHL)
Thursday, December 16, 2010 - 4:10am | 310Read More...Accenture plc (NYSE: ACN) is expected to report its FQ1 EPS at $0.75 on revenue of $5.73 billion. FedEx Corporation (NYSE: FDX) is likely to report its Q2 earnings at $1.31 per share on revenue of $9.70 billion. Actuant Corporation (NYSE: ATU) is projected to post its Q1 EPS at $0.34 on revenue of...
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Fast Money Picks For December 16th (BAC, FDX, JPM, JOYG)
Wednesday, December 15, 2010 - 7:05pm | 182Read More...On CNBC's Fast Money, Tim Seymour recommended a long position in Bank of America Corporation (NYSE: BAC). He thinks that this stock has an attractive valuation. Bank of America Corporation (BAC) fell 0.89% in the regular trading session, but it added 2.36% in the after hours. Mike Khouw advised...
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FedEx Analysts Look for Beat
Wednesday, December 15, 2010 - 3:23pm | 176Read More...(TheStreet) -- FedEx (NYSE: FDX) is having a good holiday season with improved volumes and a favorable court ruling, but the company is facing mixed expectations as it prepares report earnings on Thursday. Several analysts expect FedEx to beat earnings estimates, but their expectations for the...
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Benzinga's Top Downgrades (BBT, HUBG, BBY, SYK)
Wednesday, December 15, 2010 - 8:25am | 134Read More...BB&T Corporation (NYSE: BBT) was downgraded by Janney Capital from "buy" to "neutral." BBT's shares closed at $26.58 yesterday. BBT's PEG ratio is 10.87. Stifel Nicolaus downgraded Hub Group Inc (NASDAQ: HUBG) from "buy" to "hold.” HUBG's stock closed at $35.47 yesterday. Hub Group's trailing-...
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Time to Consider Unexpected Downside Earnings Risk
Wednesday, December 15, 2010 - 1:58am | 713Read More...Just when everybody was gung-ho on the retail sector, particularly in electronics, Best Buy (NYSE: BBY) apparently did not share their enthusiasm, and posted lower than expected results and lowered its outlook, causing the stock to drop almost 15% on Tuesday. According to the company, the miss was...
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Dynamex Halted (DDMX)
Tuesday, December 14, 2010 - 1:58pm | 14Read More...Dynamex (NASDAQ: DDMX) halted, news pending.
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C.H. Robinson Hikes Dividend - Analyst Blog
Monday, December 13, 2010 - 4:03pm | 465Read More...The board of directors of C.H. Robinson Worldwide Inc. (CHRW) recently increased the company's quarterly cash dividend on its common stock by 16% to 29 cents per share. The company will pay the dividend on January 3, 2011 to shareholders of record, at the close of business, on December 10, 2010...
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C.H. Robinson Hikes Dividend - Analyst Blog
Monday, December 13, 2010 - 3:19pm | 465Read More...The board of directors of C.H. Robinson Worldwide Inc. (CHRW) recently increased the company's quarterly cash dividend on its common stock by 16% to 29 cents per share. The company will pay the dividend on January 3, 2011 to shareholders of record, at the close of business, on December 10, 2010...
