Posted by & filed under Company Analysis, Economic Analysis.

Description:  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:  Marketwatch.com
 
Date: 07/26/2010

Link: http://www.marketwatch.com/story/fedex-ups-profit-view-restores-401k-payments-2010-07-26?siteid=nwtwk

Questions for discussion: 

  • 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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