Description:Â There was more evidence of an improving economic environment Monday when bellwether FedEx Corp. raised its profit outlook and said it would again match employee payments into retirement funds.
Source:Â Marketwatch.com
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Date: 07/26/2010
Questions for discussion:Â
- Why is FedEx considered a leading economic indicator?
- How would you expect investors to react to the improved financial conditions at the firm?
- How would you expect other business decision-makers to react?
- Do you think this news is sufficient to boost equities over the next quarter?
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