FedEx Delivers a Solid Quarter
Excerpt from the InvestorGuide.com Stock of the Day on 12/20/2006

FedEx Corporation, the operator of the world's largest cargo airline reported second quarter earnings this morning and though the headline number was below analyst expectations, net income excluding a one time charge actually came in higher than forecast. Two days after its busiest shipping day of the season yet (Dec 18), the Memphis, Tennessee based shipping giant said that earnings for the second quarter ended Nov. 30 were $511 million or $1.64 a share. This is 8.5% higher than the same period last year and the company also forecasted moderate to strong economic growth for 2007. But the stock was down over 2% in mid-morning trading. So the question is why is FedEx not getting any love from Wall Street today? More >

FedEx To Increase Shipping Rates
Excerpt from the InvestorGuide.com Stock of the Day on 10/5/2005

Memphis, Tennessee-based FedEx Corp., the world's largest express transportation company, delivering about 3 million packages a day, announced that it will increase the net average shipping costs for FedEx Express by 3.5%, which includes a 5.5% average increase in standard list rates, offset by a 2.0% point decrease in its fuel surcharge. The new rates will start on January 2, 2006, and apply to U.S. domestic and U.S. export express package and freight shipments. Additionally, starting on November 6, 2005, the company plans to launch new retail counter rates for FedEx Express and FedEx Ground services at drop-off counters in staffed U.S. FedEx locations across the nation. More >