Fedex

World Market Update 18/03/2011

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.

Global Markets Overview 18/03/2011

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.

US stocks rebound after sell-off

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.

FedEx outlook bright on growing demand

FedEx Corp, the world's largest cargo airline, forecast improved revenue and margins in the current quarter and beyond, and sees more shipments for reconstruction in Japan.

US stocks sharply higher in early trade

US stocks advanced in early trade on Thursday after official data showed that weekly jobless claims fell last week and Consumer Price Index (CPI) climbed more than forecast in February.

US stock futures up ahead of economic data

Futures on major U.S. stock indices point to higher opening on Thursday ahead of a wave of economic data including monthly Consumer Price Index and key weekly jobless claims.

Kids for Cash trial: Ciavarella denies extortion charges, acknowledges tax fraud

The Kids for Cash trial resumed this week with former Pennsylvania Judge mark Ciavarella's attorneys trying to undermine the credibility of the prosecution witnesses and the accused vehemently claiming that though he has committed tax fraud, he never extorted money from others or took bribe in return for sending juveniles to a private detention center.

FedEx cuts earnings outlook, citing storms

FedEx Corp cut its earnings forecast for the current quarter, citing disruption from winter storms in the United States and Europe and higher fuel prices, sending shares lower in post-market trading.

Kids for Cash trial: Former Pa. judge Ciavarella claims money was 'finder's fee'

The trial of Mark A. Ciavarella Jr., a former Pennsylvania judge who has been charged with honest services fraud, wire fraud and tax evasion in connection with receiving $2.6 million in kickbacks from a private juvenile jail facility, resumes today and is grabbing national attention as the case highlights the dangerous gap in the juvenile justice systems of many states - children appearing in court without lawyers.

U.S. group sets oil talks with China

A group of prominent business executives and national security figures will visit China next month as part of their drive to reduce U.S. dependence on oil.

UPS profit tops estimates

United Parcel Service, the world's largest package delivery company, reported a quarterly profit that beat estimates and forecast record-high profits in 2011, sending its shares up 4 percent.

UPS profit tops estimates, sees record in 2011

United Parcel Service, the world's largest package delivery company, reported a quarterly profit that beat estimates and forecast record-high profits in 2011, sending its shares up nearly 3 percent on Tuesday in premarket trading.

US futures point to flat opening

Futures on major U.S. stock indices point to a flat opening on Friday with futures on the S&P 500 down 0.01 percent, futures on the Dow Jones Industrial Average up 0.04 percent and Nasdaq100 futures down 0.10 percent.

Wall Street gains ground as FedEx rises

U.S. stocks were modestly higher on Thursday after bellwether FedEx offered a bullish forecast, while trade was tight as investors continued to adjust toward year-end.

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