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Politicians and pundits have been fretting in recent weeks over weak economic data and the possibility of a double-dip recession in the US, writes Jeremy Lemer . But slow growth [...]

FedEx became the latest big US company to raise its full-year earnings guidance yesterday, adding to evidence that the country's industry is steering its way through an uneven global recovery. [...]

WALL STREET US stocks fell yesterday after a disappointing outlook from FedEx added to concerns over unemployment. Shares in FedEx dropped 5.3 per cent to $85.20 after the shipping company [...]

support services Quarterly results exceed expectations Forecast for global economic recovery FedEx yesterday declared that a global economic recovery was under way, which it said would fuel demand for the [...]

support services Weak economy and fuel prices take toll Bellwether predicts slump will continue FedEx, considered a bellwether for its role in facilitating global commerce, delivered a bleak outlook yesterday [...]

FedEx, considered a bellwether for its role in facilitating global commerce, issued a bleak outlook yesterday on the back of mounting fuel costs and a deepening economic slump. 'Record-high fuel [...]

Wall Street stocks had a lacklustre week amid concerns that the fallout from the mortgage crisis could start to hit US consumers. Investors were also worried that higher fuel prices [...]

Investors' worries over an impending US slowdown deepened yesterday as new figures showed an unexpected drop in industrial production, and FedEx, a bellwether of economic activity, issued its second profit [...]

Wall Street stocks were volatile this week amid concerns that the fallout from the mortgage crisis could hit US consumers. Investors were also worried that higher fuel prices were taking [...]

ATLANTA -- FedEx, the package delivery and freight group, yesterday increased its full-year earnings forecast following a stronger-than-expected first fiscal quarter. The upbeat announcement erased much of the concern sparked [...]