fdx

FedEx sees Q4 EPS between $1.66 and $1.83, vs. the consensus for $1.68 per share, and full year 2011 EPS between $4.83 and $5.00, compared to the consensus for $4.90 per share.

Frederick W. Smith, FedEx Corp.

FedEx (NYSE:FDX) reported Q3 EPS of $0.81, just under analysts' expectations for $0.82 per share. Revenue for the quarter was up 11% year-over-year to $9.66 billion, just ahead of the consensus estimate for $9.61 billion.

Equity futures are pointing higher this morning with the Dow Jones Industrial Average (DJI) looking to open 100 points higher while the broader S&P500 index is looking to open over 15 points higher. Moving fast in the pre-mark

Thursday, March 17th sees only a couple earnings of note from FedEx Corp (FDX) before the bell and NIKE Inc. (NKE) after market close. However, it's a big day for economic data with the release of the Consumer Price Index and Init

This is what's in the news for Tuesday, March 1st, 2011. the New York Post reports that Morgan Stanley (MS) is said to be looking to complete the spin-off of FrontPoint Partners as early as today, even as the fund is being hur

FedEx Corp is down 4.27% to $89.31, after completing the acquisition of AFL Pvt. Ltd.'s distribution and logistics operations and an affiliate, according to the AP. The goal of the acquisition is to expand the company's ground ser

Citi believes that package volumes are recovery with growth likely to continue in 2011. In addition, pricing and margins should also see additional improvement.

Citi has put a price target of $110 on shares of FedEx and an $84 target for shares of UPS.

Citigroup believes that package carriers are poised to outperform this year and has initiated coverage on both FedEx (NYSE:FDX) and UPS (NYSE:UPS) with "Buy" ratings. The firm believes that each are a way to play the global trade

This is what's in the news for Wednesday, January 5th.

The glowing forecast for holiday shipping continues a trend of higher revenue and shipping volume for UPS during the first nine months of the year.

For UPS (UPS), Wednesday was forecast to be the busiest day of the year for the world's largest package delivery company. It expects to deliver a record 24 million shipments worldwide in 24 hours. That is 9 percent higher than las

Morgan Stanley raised its 2011 and 2012 EPS estimates for FedEx Corp. (NYSE:FDX) and maintained its equal-weight rating on the stock. The bank now sees 2011 EPS of $6.56, up from $6.55 per share, and 2012 EPS of $7.95, up from $7