Silicon Investor (SI) -- The First Internet Community

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.

Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Tamer who wrote (30921)	12/20/2006 11:04:36 AM
From: Bucky Katt	Read Replies (2) \| Respond to of 48461

We talked about fuel surcharges in the past, and here it is, another form of new age rip-off> FedEx Profit Rises on Fuel Charge and Global Growth > Dec. 20 (Bloomberg) -- FedEx Corp., the world's largest air-cargo carrier, said second-quarter profit rose 8.5 percent on a fuel surcharge and increased global demand while projecting third-quarter earnings that trailed analyst estimates. Net income increased to $511 million, or $1.64 a share, in the quarter ended Nov. 30, from $471 million, or $1.53 a share, a year earlier, the Memphis, Tennessee-based company said in a statement today. Sales climbed 10 percent to $8.93 billion. The shipper, which attributed its third-quarter outlook to fuel surcharges that are trailing fuel prices, maintained its full-year forecast. FedEx benefited last quarter and in previous periods when fuel prices fell at a steeper rate than surcharges.