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marketmaven

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marketmaven

Re: madrose1 post# 516657

Thursday, 12/21/2006 8:35:46 AM

Thursday, December 21, 2006 8:35:46 AM

Post# of 704019
FedEx Corp-FDX upside Q2 but Q3 guidance lowered, stock lacks catalyst-Neut@JPMS
http://altruistica.blogspot.com/

The firm is cautious on FedEx because they believe the company will not be immune to the potential weakening demand in the transport industry. They consider FedEx's Q2 report to be positive for UPS based on solid domestic parcel demand.

But, lookie here, NO INFLATION
(This can't be good for Amazon on online shippers...rallying??BS)

FedEx-FDX to boost rates January 1st-Bloomberg
FDX said it would increase U.S. ground shipping rates an average 4.9% next year, its largest increase since 1998. Last month the company said that it would increase rates for FedEx Express air shipments by 3.5%.

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