Our Man Russell

Discussion in 'Trading' started by Babak, Mar 22, 2004.

  1. Babak




    Thanks for the link Babak.
  3. If you believe that a company like FDX is a proxy for the Economy and the Dow Transports, it is interesting to note that the company recently reported a 41% increase in quarterly net profits on unexpectedly strong revenue of more than $6 Billion.

    In otherwords, the worldwide economy is picking up steam and the company has been able to raise margins from 3.2% to 5.0%, even including restructuring charges.