Thursday, March 18, 2010

FedEx ups outlook as profit jumps

Date: Thu, 18 Mar 2010 12:00:55 -0400

FEDEX UPS OUTLOOK AS PROFIT JUMPS
FedEx Corp. on Thursday said its profit more than doubled on a sharp
increase in its overnight delivery profits as it hiked its annual
earnings outlook.

NIKE JUMPS AFTER RESULTS PROMISE CONTINUED DEMAND
Nike Inc. shares jump Thursday after the No. 1 athletic-shoe company
reports better-than-expected fiscal third-quarter profit and orders.

GAMESTOP RISES ON OUTLOOK DESPITE EARNINGS DROP
GameStop Corp. says earnings for the fourth fiscal quarter fell 7%,
the company's stock rose on a brighter-than-expected 2010 profit
outlook from the video game retailer.

BANKATLANTIC JUMPS ON TAKEOVER SPECULATION
BankAtlantic Bancorp shares jumped 16% Thursday
amid takeover speculation.

CONSUMER PRICE INDEX FLAT IN FEBRUARY
U.S. consumer prices were unchanged on a seasonally-adjusted basis in
February, with falling energy prices offsetting increases in prices of
cars, medical care and food.

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