First, what a month for the FDX stock so far.
Companies seemingly today will come up with any reason not to pay people. Now they hold Obamacare over us and they use, "it's not that it's costing us more now, it's just that we don't know what it might cost and that scares us". To me that is convenient for them. (To me I read is politics all the way there)
The net income of Fedex has quadrupled since 2002. Has your wages and benefits seen much of this? As you can see it has been bumpy, but it has bounced back to record profits. A company like Fedex has huge investments that can happen or be delayed, depending on how much profit they like to show.
2002 125 mil/qtr
2003 150 mil/qtr
2004 125 mil/qtr
2005 330 mil/qtr
2006 400 mil/qtr
2007 450 mil/qtr
2008 400 mil/qtr
2009 325 mil/qtr
2010 259 mil/qtr
2011 300 mil/qtr
2012 500 mil/qtr
2013 450 mil/qtr so far...
Also this link:
https://www.google.com/search?q=fed...s=org.mozilla:en-US:official&client=firefox-a
... is to your Fedex stock, click the Max button and notice the history line. Around the mid 90's the stock market not only took off from Fedex but mostly everyone. This is the Wall Street age. It has made the rich-mega rich. It has made a lot more people millionaires that weren't before. To me though it has eroded away more that the working middle class than anything else. It is too easy of a profit vs what owners knew historically before it. There is possibly more money to be had there than the actual products and services these companies offer (See Netflix below), this has never sat right with me. It's like fake, it's like a bubble. We are all now a slave to those numbers, too much has been leveraged against that. All said... even if wrong, sometimes you have to recognize the situation, unless it's against your beliefs you should be focused on how to make the market work for you.
If you have paid attention Netflix stock has gone up 60% this week to $170/stock, amazing, business is booming! They profited a measly 8 million dollars. There is still many issues surrounding their future, the rest of the industry is using their clout to make sure they can't get enough content to really make money over there. But I find it amazing the stock went up 60% and that amounted to just 8 million in profits. People expected a loss, but there was a gain... the frenzy commences. This is what all our lives is affected by, near insanity of money and reason.