“Looking at the quarter in isolation, its not great, but looking forward, which is what the market is going to focus on, it actually looks fairly bright,” said Logan Purk, an analyst with Edward Jones.

 Chief Executive Officer Fred Smith said in a conference call with analysts that the company expects a margin of “15 percent plus in the current quarter” for the ground segment, and was broadly optimistic beyond that.

“Margins, cash flows and returns are going to increase over the next several years,” he said.

In the Chat Room  we posted our Bullish earning play on $FDX  – 100% winner

PRE-MARKET MOVERS

 

UPGRADES

 

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EARNINGS

 

Trending Social Alerts
2. NKE:One thing to note about the market, and especially the Dow, today. Nike is big reason futures are lower. $NKE down 6% #premarket. Ouch!

 

Trending News Headlines
1. Tencent’s Performance Problem

Sacrificing display ads could be a worry.

2. PPG Increases Bid for Akzo Nobel to $24 Billion but Is Rejected Again

Dutch paint and chemicals firm Akzo Nobel said it had rejected a sweetened $24.19 billion takeover proposal from rival PPG Industries, continuing the trans-Atlantic standoff between the two industrial giants.

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