The Richest Woman in the World: How Gina Rinehart Earns her Billions
Preserve Your Budget by Freezing Foods -- Savings Experiment
FedEx Corp. (NYSE: FDX) is on the upswing after hiking its fiscal first-quarter earnings guidance. The parcel specialist said Friday morning that it expects first-quarter profits of 58 cents per share, up from its previous outlook of 30 cents to 45 cents per share. For the current quarter, FedEx predicts earnings of 65 cents to 95 cents per share.
Both figures compare favorably to analysts' consensus estimates, which call for a first-quarter profit of 44 cents per share and second-quarter earnings of 70 cents per share. Chief Financial Officer Alan Graf cited stronger-than-expected volume in FedEx's international priority-delivery service for the upbeat guidance, as well as strict internal cost management.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
