FedEx (FDX -2.9%) earned an adjusted $1.45/share, just short of consensus, and issued a weak 2009 outlook. "The shocking part is the guidance," portfolio manager Al Meyers said. "This is all based on energy prices and it's simply shocking."
Timmothy Posey: Today I'm proud to be an alumni from the University of Alabama...
11 minutes ago
David White: If China is trying to rein in too rapid price increases in big city real estate, it might be worth shorting some Chinese real estate stocks.
17 minutes ago
David White: Japanese Finance Minister backpedals from his weak yen statements, but obviously not heartfelt. Says would like to see 95 yen/USD.
28 minutes ago
Cliff Wachtel CPA: Long Toyota TOY: Prius top seller in Japan, strong in US best car I ever owned by far, over 50 mpg/4.2ltr per 100 klm, top power, stability