Stocks were little changed on Thursday as indexes struggled to break through a technical range and economic bellwether FedEx posted results that missed estimates but offered a bullish forecast.
Wall Street was set to open little changed on Thursday after economic bellwether FedEx reported quarterly results that missed expectations, suggesting an economic recovery remained tentative.
Stock index futures turned flat on Thursday, giving up some gains after economic bellwether FedEx reported quarterly results that missed expectations.
Stock index futures were slightly higher on Thursday as investors awaited data on jobs and housing and corporate earnings from bellwether FedEx for signs of improvement in the economy.
The holiday season means some of the busiest days for companies such as Fedex and UPS.
Al Qaeda's recent Cargo-bomb plots which were foiled by the Saudi intelligence cost them just $4200, according the group's propaganda magazine. The Yemen-based Al-Qaeda in the Arabian Peninsula (AQAP) detailed the plot it called Operation Hemorrhage in its latest edition of the Inspire magazine.
A suspect package believed to be containing components of a bomb found at Windhoek airport on Thursday was only a security test, German officials said on Friday. Interior Minister Thomas de Maiziere stated that suitcase was only designed for security checks and no explosives of threat to passengers were found in the package.
A suspect package believed to be containing components of a bomb found at Windhoek airport on Thursday was only a security test, German officials said on Friday. Interior Minister Thomas de Maiziere stated that suitcase was only designed for security checks and no explosives of threat to passengers were found in the package.
A suspect package believed to be containing components of a bomb was reportedly found at the Namibian Capital of Windhoek on Thursday. A suitcase checked on to a plane en-route to Munich Germany was intercepted during the loading of an Air Berlin flight. Initial reports from the Germany's Federal Crime Office suggest that the X-ray device revealed batteries that were attached with wires to a detonator and a ticking clock.
According to government figures, in 2008, merchandise shipped into the U.S. by airplane accounted for 20 percent of the nation’s imports, with a value of $417 billion. That’s a great deal of items and only one, or two, would have to explode to have, through terror, a crippling effect upon the nation’s economy, to say nothing of the nation’s spirit.
U.S. stocks rose on Monday after an upbeat outlook from FedEx and solid home sales data cheered investors, helping the S&P 500 hold above a key resistance level.
FedEx Corp raised its outlook on Monday due to a surge in the number of packages flowing through its air and ground networks, boosting its shares and the broader market.
Stocks advanced on Monday after a rosy outlook from FedEx and strong home sales data fueled optimism, helping the S&P 500 stay above a key resistance level that could confirm Wall Street may be back in bullish mode.
FedEx Corp raised its outlook on Monday on strong volume growth, giving a boost both to its own shares and to the broader market as investors acted on hopes that the economy is stronger than they had thought.
A brighter outlook from FedEx Corp and a pickup in sales of new homes sent U.S. stocks higher on Monday, building on the best three-week period for the S&P 500 Index in a year.
FedEx Corp raised its quarterly and full-year forecasts on Monday, citing strong volume growth, and its shares rose nearly 5 percent.
Stocks were set for a higher open on Monday after FedEx Corp raised its earnings outlook and ahead of data on new home sales.
FedEx Corp said on Wednesday that healthcare and pension costs will pinch profits in 2011, sending its shares down despite quarterly results that beat analysts' expectations.
U.S. stocks slipped on Wednesday as a warning from FedEx , which said higher costs would crimp profits next year, overshadowed a surge in industrial production.
The Dow and S&P 500 dipped on Wednesday after concerns about FedEx's warning on higher costs, while optimism stirred by Apple Inc's stronger-than-expected iPhone sales helped the Nasdaq.
Stocks fell on Wednesday as FedEx warned about higher costs, housing starts fell to a five-month low and new concerns surfaced over Spain's fiscal problems.
Stocks were set to fall at the open on Wednesday as FedEx warned about higher costs, housing starts fell to a five-month low and new concerns surfaced over Spain's fiscal problems.
