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The Latest FedEx Headlines
Shipping Rebound Lifts FedEx 2012 Estimates
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<blockquote data-quote="cheryl" data-source="post: 851314" data-attributes="member: 1"><p><strong>Shipping Rebound Lifts FedEx 2012 Estimates - Bloomberg</strong></p><p><a href="http://www.bloomberg.com/news/2011-06-22/fedex-says-full-year-profit-may-exceed-estimates-as-shipping-demand-gains.html" target="_blank">http://www.bloomberg.com/news/2011-06-22/fedex-says-full-year-profit-may-exceed-estimates-as-shipping-demand-gains.html</a></p><p>FedEx Corp. (FDX), operator of the world’s biggest cargo airline, forecast full-year earnings that may top analysts’ estimates as global shipping demand climbs.</p><p></p><p>Profit in the 12 months through May 2012 will climb to $6.35 to $6.85 a share, the Memphis, Tennessee-based company said in a statement today. That compares with an average estimate of $6.54 from 26 analysts surveyed by Bloomberg.</p></blockquote><p></p>
[QUOTE="cheryl, post: 851314, member: 1"] [B]Shipping Rebound Lifts FedEx 2012 Estimates - Bloomberg[/B] [URL='http://www.bloomberg.com/news/2011-06-22/fedex-says-full-year-profit-may-exceed-estimates-as-shipping-demand-gains.html'][B][/B][/URL] FedEx Corp. (FDX), operator of the world’s biggest cargo airline, forecast full-year earnings that may top analysts’ estimates as global shipping demand climbs. Profit in the 12 months through May 2012 will climb to $6.35 to $6.85 a share, the Memphis, Tennessee-based company said in a statement today. That compares with an average estimate of $6.54 from 26 analysts surveyed by Bloomberg. [/QUOTE]
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