(Reuters) - FedEx Corp said on Wednesday it was cutting its capacity between the United States and Asia, sending its shares lower on concerns about future growth, even as the world's biggest air-freight company posted a stronger-than-expected profit.
FedEx Corporation (NYSE:FDX) entered the earnings confessional this morning, and came away smelling like roses. Excluding items, the shipping name posted earnings of $679 million, or $2.13 per share, topping analyst estimates of $1.96 per share.
MEMPHIS, Tenn., June 18, 2013 - FedEx (NYSE: FDX) has once again been named to the IDG Computerworld list of Best Places to Work in IT, as one of 100 top organizations that challenge their IT staffs while providing great benefits and compensation.
... following NYSE STOCK MARKET WINNERS; China Cord Blood Corp (NYSE:CO) is trading at $3.0828 up 5.94%. FedEx Corporation (NYSE:FDX) is trading at $103.16 up 3.7%. Harvest Natural Resources, Inc. (NYSE:HNR) is trading at $3.2099 up 3.55%.