FedEx Still recovering from recession. Chartpoppers.com releases Consolidated Investment Analysis for FedEx Corp. (NYSE: FDX)

(CHARTPOPPERS.COM, December 18, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring Technology company FedEx Corp. (NYSE: FDX)

FedEx Corporation (FedEx) is a holding company. The Company provides a portfolio of transportation, e-commerce and business services through companies that compete collectively, operate independently and manage collaboratively, under the respected FedEx brand.

Recent News on FedEx Corp. (NYSE: FDX)

FedEx says the economy has "reached a turning point," but a full recovery could still be a long way off.
FedEx issued a tepid outlook for the quarter that ends in February, saying it's not sure if strong holiday season shipping volume will hold up. But in the long run, it sees strong demand in Asia and Latin America leading the way to global economic recovery.
Both FedEx and rival UPS are key indicators of the nation's economic strength because they carry a wide range of business and consumer goods -- everything from auto parts and real estate documents to toys and tools.
FedEx said Thursday its earnings for the quarter that ended in November fell 30 percent from a year ago, and its forecast for the fiscal third quarter fell well below what Wall Street was expecting. FedEx predicts earnings of 50 to 70 cents per share this quarter, well under analysts' estimates of 84 cents per share.
Anthony Sabino, professor of law and business at St. John's University, said FedEx's results highlight "just a smidge more economic activity," while noting that a full and sustained recovery is still a long way off.
"Overall, (the results are) a good sign, but it should inspire caution and the realization that the economy, both American and global, is nowhere near a full recovery yet, and has a while to go."
The full report is available at www.chartpoppers.com
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Chartpoppers.com Disclosure
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