FedEx Corp said shipment volume from Japan is light but is expected to pick up as factories there return to business, Chief Financial Officer Alan Graf said.
US stocks advanced in early trade on Friday after the Group of Seven (G-7) Finance ministers had agreed to intervene in the markets to stabilize the Japanese yen.
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.
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.
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 Corp, the No. 2 package delivery company, sees improving revenue and profit this quarter and beyond, even as fuel prices mount, and shares of the economic bellwether rose more than 4 percent.
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.
The companies whose shares are moving in pre-market trade on Thursday are: Motorola Mobility, Fedex Corp, Nvidia, Nextera Energy, Amgen, Qualcomm, Sanmina-SCI, Sun Bancorp, THQ and Cypress Semiconductor.
FedEx Corp, the world's largest cargo airline, forecast improved revenue and margins in the current quarter and beyond, boosted by strong demand.
FedEx Corp, the world's largest cargo airline, forecast improved revenue and margins in the current quarter and beyond, boosted by strong demand.
FedEx Corp, the world's largest cargo airline, is expected to report a third-quarter profit that rose from a year ago but was sideswiped by severe winter weather and spiking fuel costs.
Time Inc.'s Fortune magazine released its fourteenth annual World's Most Admired Companies list.
The trial of Mark Ciavarella, a former Pennsylvania judge who has been charged with racketeering, fraud, money laundering, extortion, bribery and federal tax violations, drew to a close on Friday with the jury returning a guilty verdict.
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.
The companies which are expected to see active trade on Tuesday are: FedEx, Marriot International, Dell, Analog Devices, Omnicom Group, CenturyLink, Host Hotels & Resorts and Watson Pharmaceuticals.
Shipping giant FedEx slashed its third quarter profit forecast by 25 cents, blaming higher fuel prices and disruptions from winter storms in the U.S. and Europe.
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.
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.
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.
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.
United Parcel Service is expected to report a 40 percent increase in quarterly profit on Tuesday as more confident consumers opened their wallets.
FedEx Corp raised its fiscal full-year outlook on record holiday shipments, sending shares higher even as its second-quarter profit missed analyst estimates.