Investorstoday

Wednesday, October 17, 2012

What Do Warnings From FedEx And Intel Mean For The Market?


What Do Warnings From FedEx And Intel Mean For The Market?



Last week two Dow companies reported 3rd-quarter warnings to Wall St., FedEx (FDX) and Intel (INTC). Both should send up warning flags to investors.
FedEx warned that earnings per share would be in the range of $1.37 to $1.43 per share down from $1.45 to $1.60, blaming the global economic slowdown that constrained revenue growth for the quarter.

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