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FedEx Shares Surge after Raising Outlook (FDX, UPS)
Monday, December 7, 2009 - 8:36pm | 219With an increase in demand for International shipping, FedEx Corp. (NYSE: FDX) has announced that they will be raising their second quarter profit target outlook to $1.10 from a previous target range of $0.65 to $0.95 per share. Another one of the factors for the raised expectations are the current...
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FedEx Says 2Q Will Exceed Guidance
Monday, December 7, 2009 - 5:26pm | 91FedEx (NYSE: FDX) announced this afternoon that it anticipates it will report 2Q earnings of $1.10 per share. This is a substantial premium to the $0.65-0.95 guidance it previously provided. A company spokesman said that the better than expected result was due to surprisingly robust grown in FedEx...
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Fast Money Picks For Tuesday (POT, UPS, PLCE, CLF)
Monday, November 23, 2009 - 8:07pm | 138CNBC's Fast Money Joe Terranova thinks that it would be wise to start selling Potash (NYSE: POT)on Tuesday. Potash (POT) lost 0.80% and closed at $113.78 today. Guy Adami believes that United Parcel Service (NYSE: UPS) is going down, and thinks it would be a good idea to take a short position on...
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Jesup & Lamont Raises Price Target to $90 for FedEx Corporation (NYSE:FDX)
Wednesday, November 18, 2009 - 10:14am | 151Today, Jesup & Lamont have reiterated their "Buy" rating for FedEx Corporation (NYSE: FDX) and raised the Price Target to $90.00. Following are the comments made by the Firm in favor of FDX: • FedEx announced it is starting domestic service within India, a move we view as hugely positive as we...
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Barron’s Says FedEx (FDX) Is A Smart Buy In A Recovering Economy
Tuesday, November 17, 2009 - 1:14pm | 231FedEx (NYSE: FDX) is all set to gain the maximum from the next wave of upturn in the economic cycle. Any improvement in the economic activity will benefit FedEx, which had evolved into a multifaceted transportation specialist with a dominant global presence and having expanded into areas like...
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ETFs To Watch November 16, 2009 (EWJ, IYT, GDX, UDN, XLP)
Monday, November 16, 2009 - 3:34am | 260Here is the ETF Professor's ETF Watchlist for November 16, 2009. Japan issued a surprising GDP, showing its economy grew 4.8% in the third quarter, well above the 2.7% economists were expecting. The ETF plays are the iShares MSCI Japan Index (NYSE: EWJ) and the SPDR Russell/Nomura Small Cap Japan...
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Kanundrum Research Believes In Transport Sector
Wednesday, November 11, 2009 - 3:58pm | 116Brian Kelly of Kanundrum Research said on CNBC's Fast Money that he likes transport sector and thinks that the sector is a good play if you believe in the economic recovery. Norfolk Southern Corp. (NYSE: NSC) is the stock Brian Kelly owns. He believes that a railroad trade is a bet on China and a...
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Holidays Spell Good News For Fedex (FDX)
Wednesday, November 11, 2009 - 11:04am | 170Fedex (NYSE: FDX) expects better business during the holiday season. It expects to ship around 13 million packages on Dec.14, the expected busiest day, up more than 8% as compared to last year. Fedex ships almost 7.5 million packages daily and it has benefited from the decision of DHL USA to...
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Benzinga’s Top Pre- Market Losers (AONE, SIGM, JASO, VOD, PACR)
Wednesday, November 11, 2009 - 10:05am | 152A123 Systems, Inc. (NASDAQ: AONE) decreased $0.63 or 3.50% to $17.35 after it reported Net loss of $22.8 million or $1.78 a share compared with $19 million, or $2.06 per share a year earlier. Revenues increased to $23.6 million versus $22.9 million a year ago due to a sharp increase in products...
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Stock Market News for November 11, 2009 - Market News
Wednesday, November 11, 2009 - 9:47am | 450A day after the triple-digit rally, Wall Street paused for a breather as investors decided to book profits on a light trading day. The markets opened lower and then swung between gains and losses amid prevailing caution after a series of disappointing results. The Dow, nevertheless, managed to...
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5 Highest Gainers (CBBO, GLA, HH, ACLS, PROV)
Friday, November 6, 2009 - 2:34pm | 159Below are interesting stocks on the NYSE and NASDAQ that are the highest gainers. Columbia Bancorp (NASDAQ: CBBO) shares have appreciated by 40.51% since its last closing. CBBO shares have slipped by 69.55% over the past 52 weeks. Clark Holdings Inc (NYSE: GLA) shares have appreciated by 39.98%...
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After Hours Gainers (HIG, PACR, NETL, DLB)
Tuesday, November 3, 2009 - 7:17pm | 197Hartford Financial Services (NYSE: HIG) climbed over 5% after reported a third-quarter net loss of $220 million, or 79 cents per common share. Hartford was expected to make a profit of $1.11 a share, according to the average estimate of 18 analysts in a Thomson Reuters survey. Hartford forecast...
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Tom Gayner Portfolio Focus (MKL, BRK.A, MCD, KO, PG, CPB, ABT, MSFT,MSFT, MAR, SYY, CXMSF, CVA, COP, NYX, CBG, FR)
Friday, October 30, 2009 - 1:22pm | 331Tom Gayner is the CIO for Markel Corporation (NYSE: MKL). He is one of the finest minds in investing and was once said to be the best CIO to replace Warren Buffet in Berkshire Hathaways (NYSE: BRK.A). Gayner is considered a value investor that has simple rules in finding companies to invest in,...
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International Paper CEO Sees Small Signs of Demand Recovering In Consumer Packaging
Wednesday, October 28, 2009 - 10:25am | 70International Paper (NYSE: IP) CEO says he sees small signs of demand recovering in consumer packaging. This news could be beneficial for both Fedex (FDX) and United Parcel Service, Inc. (NYSE: UPS) IP also said on its call, pulp and paper producers do not qualify for ethanol tax credits....
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Deutsche Bank Adds Fedex To Short-Term Buy List
Tuesday, October 27, 2009 - 3:03pm | 27Deutsche Bank adds Fedex (FDX) to its short-term Buy list. When the news of the FDX upgrade came out, FDX moved up $0.30.