(By Balachander) FedEx Corporation (NYSE: FDX) rose 1.28 percent in premarket trading on Thursday after the world's largest parcel-delivery company posted stronger-than-expected earnings for the fourth quarter and forecast growth for 2014.

(Reuters) - FedEx Corp reported a higher-than-expected quarterly profit on Wednesday, sending its shares higher, but the world's biggest air-freight company said it was cutting more capacity between the United States and Asia.

FedEx Corp. (NYSE: FDX) reported fourth-quarter and full fiscal year 2013 results before markets opened this morning. The package delivery service reported adjusted diluted earnings per share (EPS) of $2.13 on revenues of $11.4 billion.

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.

Options traders are waxing optimistic ahead of earnings from FedEx Corporation (NYSE:FDX), as evidenced by the growing appetite for long calls.

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.

FedEx Trade Networks, the customs brokerage and freight forwarding arm of global shipping giant FedEx Corp. (NYSE: FDX), announced today the grand opening of its new Romulus, Mich.

... 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%.

Last quarter, the company's EPS of $1.23 was $0.15 below the street's expectations, the company's second earnings miss in a row.

FedEx Corporation ( FDX ) will begin trading ex-dividend on June 13, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on July 01, 2013.