Thursday, September 17, 2009

FedEx "Doing Just Fine" with a 53% Earnings Dip

About 5 weeks ago, the leader of the free world sprach thus: "UPS and FedEx are doing just fine. It's the Post Office that's always having problems."

In FedEx's case, this prediction turns out to be not quite accurate.

I'm not going to tell my dear readers to whom they should assign the important task of managing their assets, but suffice to say it's probably best to not delegate one's investment strategy to a teleprompter.

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