Tag Archives: FedEx

FedEx Whiffs

FedEx down big on earnings miss.  Watch to see if this one can recover.  Our plan has been to lighten up on equities going into earnings as the big run has made stocks vulnerable to a correction around earnings, which, … Continue reading

Posted in Earnings | Tagged , | 1 Comment

Macro Notes from the FedEx Conference Call

The upshot – blame it on the global macroeconomic slowdown and they are  raising shipping rates.  Stagflation cometh? FedEx Corp. reported the following consolidated results for the first quarter: • Revenue of $10.79 billion, up 3% from $10.52 billion the … Continue reading

Posted in Earnings, Macro Notes from Conference Calls | Tagged , , | Leave a comment