Fedex fourth-quarter net income rose to $568 million, or $1.82 a share, from $448 million, or $1.46 a share in the year-earlier period
Media Release
Jun. 21, 2006

FedEx Corp. said Wednesday its fourth-quarter net income rose to $568 million, or $1.82 a share, from $448 million, or $1.46 a share in the year-earlier period. Analysts polled by Thomson First Call forecast earnings, on average, of $1.77 a share and sales of $8.42 billion.

Fedex fourth-quarter net income rose to $568 million, or $1.82 a share, from $448 million, or $1.46 a share in the year-earlier period
Media Release
FedEx Corp. said Wednesday its fourth-quarter net income rose to $568 million, or $1.82 a share, from $448 million, or $1.46 a share in the year-earlier period. Analysts polled by Thomson First Call forecast earnings...
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Stock market futures on Wednesday pointed to another meandering session, with better-than-forecast Morgan Stanley and FedEx results not providing much of a pop for a market awaiting clues on interest-rate policy.
Media Release
rude-oil futures edged back above $69 a barrel in early trade Wednesday as traders awaited the latest update on inventories of petroleum products, while keeping an eye on political developments related to Iran and North Korea.
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Morgan Stanley and FedEx results not providing much of a pop for a market awaiting clues on interest-rate policy
Media Release
Stock market futures on Wednesday pointed to another meandering session, with better-than-forecast Morgan Stanley and FedEx results not providing much of a pop for a market awaiting clues on interest-rate policy.
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CIBC World Markets upgraded LED lighting company Color Kinetics Inc.
Media Release
CIBC World Markets upgraded LED lighting company Color Kinetics Inc. to sector outperformer from sector performer.
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NRG plans a power-plant-building
Media Release
NRG plans a power-plant-building initiative that would boost generating capacity by some 40%.
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Bidders for Univision were preparing offers near the range of the company's current stock price of $35.40 a share
Media Release
Bidders for Univision were preparing offers near the range of the company's current stock price of $35.40 a share, valuing the Spanish-language broadcaster at around $11 billion.
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Moody's and S&P cut ratings on about $30 billion of GM debt
Media Release
Moody's and S&P cut ratings on about $30 billion of GM debt after the auto maker unveiled plans to amend a loan facility
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Anheuser-Busch is hinting that it will make an effort to enter the liquor business
Media Release
Anheuser-Busch is hinting that it will make an effort to enter the liquor business amid the beer industry's loss of market share to wine and spirits.
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GE Healthcare, the UK-based subsidiary of General Electric, on Tuesday agreed to buy Swedish company Biacore
Media Release
GE Healthcare, the UK-based subsidiary of General Electric, on Tuesday agreed to buy Swedish company Biacore, a maker of technology used in drug discovery, for SKr2.9bn ($390m) in cash.
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