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...will make quite a few people scratch their heads.
Phht - that's nothing a couple of hits from the hopium hukka won't fix.
it'll be forgotten before the open - its just another POMO day (what else is new)
Yes exactly, who cares about companies any more, free money to churn and front run fundamentals traders, that's all the Banksters need. In fact the more of them the better to fleece yet again
In general I would agree, but POMO was not successful yesterday in manufacturing unicorn skittles. Not sure they have complete control right now.
but but but...ONLINE SALES WERE AWESOME!!! (must be shipping via ups then, eh?)
The "elites" gold and silver shipments to their "flight to safety" country of choice must be down dramatically...
I'm no elite but I stopped using fedex because of their intrusive policy of handing PM packages over to customs here in Europe. It cost me thousands in VAT on silver. I now use anyone else, as should everybody.
It's fluke....just like Best Buy and General Mills (also missed this morning). Ignore and rally on because the government says all is well and recovering. I think I spilled my cup of sarcasm all over my keyboard.
"This guidance excludes any FedEx Freight combination costs and the second quarter legal reserve, and also assumes stable fuel prices and continued moderate growth in the global economy. "
Now there is the thing everyone is betting on stable fuel prices and growth. the 2 legged stool is a difficult balancing act. (sarc off)
- FedEx misses
- RIG gets buried with an avalanche of lawsuits
- Buy the U.S. Dollar
- Sell gold
- Buy BAC
hi RoBow, how is it hanging. when you surf the cold Pacific ocean does it shrink?
"The only question is whether, just like Cisco earlier, this surprising miss will be attributed to company specific factors." – And they seem to answer it…
“Our operating performance in the quarter was impacted by strong compensation and benefits headwinds”
Wazza problem? Am I missing something?
>> “Our operating performance in the quarter was impacted by strong compensation and benefits headwinds”
Good thing they don't have to pay the union wage like UPS ...
Odd how TIN collapsed yesterday.
FDX estimates raised due to their new strategic plan to Absolutely Positively not ever need to hire another human.
Yeah, and they were just bragging how they had record volume flow in one day. What a setup. Take that H. Wanger!
Uh oh, what happened to "better than expected"?
Fed-up. n'uff said
Surely this is a sign of growing local retail sales.
Ah so that explains the futures dump around 40 minutes ago . Was wondering what the catalyst was .
They RAISED estimates?!
Two words - margin compression. Fifteen words - margin compression due to surging commodity prices that can't be passed on to the consumer.
yes indeed! Margin compression....Like AMZN and FDX...they can ship the entire world over...but they wont make any money BECUASE OF COSTS...margins are zip.
Amzn makes maybe...maybe 1B net rev a YEAR....the other fucks...they make 1-3B a QUARTER....
The consumer would just tell them to fuck off...
That is what I have been saying for a little bit now. I have been waiting for this moment when margins get monkey hammered to the point of causing misses on expectations. This is now when it will start unraveling again. So expect QE3 announcement in about 2 months.
Futures still green. I'm blown away time and time again at this market. It should not surprise me one bit anymore. The heavy hitters are missing big and no market decline to acompany that. There should be no doubt that these markets are 100% manipulated.
Revenue up but net income down?
What's that stuff all the planes and trucks run on called?
Oh yeah, GAS!
so ZH is reduced to a yahoo level site, bashing single stocks to fit its agenda; the earnings were not that bad. revenue was up and they raised guidance and they actually pay good benefits.
"shipments and yields grew in all transportation segments"
Benefits?! Then why are they fighting so hard to consider all their drivers contractors?
You're either a fool or a shill.
LOL - yeah, this is becoming yahoo, name calling and all.
BTW FDX is ripping upward
Futures are a set-up and indicative of just about nothing anymore. The markets have been setting up to roll over all week. Take a look at the new highs-lows spreads and the A-D line and you'll see my point. There have been more new highs than new lows practically every day since mid-May of '09. Now those numbers are compressing. A-D line has been negative every day this week and yesterday (Wednesday) was the worst, almost 2:1 decliners over advancers.
Simply put, what's holding this market up is options expiration on Friday and very low volume. That's about to change. Let's see what Robo and Wanger have to say about that analysis, OK, boys?
in the good ol' days this miss would easily "drop" FDX by 10-15%, maybe even 20%. the FED is backstopping FedEx ... ppl don't buy at BestBuy, evidently FedEx hopes they bought it all online and had it shipped... we shall see
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