Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.66

-0.1%

Jan 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (38604)	12/18/2002 12:48:03 PM
From: Johnny Canuck	Read Replies (1) of 69877

07:29 ET FDX FedEx beats by $0.02; cautious on Q3 (53.60) Reports Q2 earnings of $0.81 per share, $0.02 better than the Multex consensus. Revs rose 10.4% to $5.67 bln vs the $5.52 bln consensus. Given the weaker than expected U.S. economic growth in the manufacturing and wholesale sectors, co sees Q3 EPS of $0.45-$0.55 (consensus $0.54). FDX believes that its full yr forecast of $2.77 is still achievable with a modest economic recovery in the co's fiscal 2nd-half. Capital expenditures for fiscal 2003 are expected to be $1.7 bln, a reduction of $200 mln from the initial forecast. [Harry: That about says it all for the outlook of the economy.]

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next