TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| FedEx: An Upbeat Holiday Forecast Ockham Research submits: “And in what could be viewed as another positive for the economy, FedEx says its busiest day this year will also be its busiest day ever. They expect to ship more than 13 million packages on December 14th. The company says it will add 14,000 part-time workers to handle the holiday rush. Shares have been trading to the upside, up over 1%.” — CNBC’s Street Signs 11/10/2009 According to an emailed statement put out by the company, FedEx (FDX) is ramping up operations in anticipation of a record holiday shipping rush. Estimates from the company are claiming that somewhere in the neighborhood of 13 million packages will be shipped on the busiest shipping day of the year. If true, this would be the company's busiest day ever and an increase of 8% from last year’s busiest day. The projection of 50 million packages for that week is an increase of 11% increase over last year. FedEx, headed by a respected economist Fred Smith, cited conversations with large customers, a return to growth in GDP, and increased industrial output among their reasons for optimism.Complete Story » seekingalpha.com |
Thursday Update: Housing and Toyota Wall Street Strategies submits:By Charles PayneThe market has been in a tug-o-war all session long. The carryover from Wednesday's (lack thereof) confidence numbers were mitigated by solid earnings reports, but the new homes data knocked the wind off the rally even though it means lower rates for a while. Of course, the notion of lower rates is a double-edge sword that Ben Bernanke has to deal with today. How to exude confidence even while suggesting rates will have to remain low for a long time. The market likes the news, but it's bittersweet to say the very least. At some point we want the Fed to hike rates because the economy is ready to run without training wheels and booster rockets. But, for now, even the training wheels are flat and the booster rockets are running on "empty."Complete Story » seekingalpha.com |
Johnson Controls, Inc. F2Q10 (Qtr End 03/31/10) Earnings Call Transcript Johnson Controls, Inc. (JCI)F2Q10 (Qtr End 03/31/10) Earnings Call TranscriptApril 23, 2010 11:00 am ETComplete Story » seekingalpha.com |
Federal Signal Corporation Q2 2010 Earnings Call Transcript Federal Signal Corporation (FSS)Q2 2010 Earnings Call TranscriptJuly 30, 2010 10:00 am ETComplete Story » seekingalpha.com |
Eaton Corporation Q3 2010 Earnings Call Transcript Eaton Corporation (ETN)Q3 2010 Earnings CallOctober 20, 2010 10:00 am ETComplete Story » seekingalpha.com |