Author: Elena Todorova
123jump.com
Last Update: 13:04 PM ET September 21 2005
FedEx reported 1Q income of $1.10 a share vs. $1.08 on 10% revenue growth. The company raised its 2006 outlook to $5.25 to $5.50. Morgan Stanley posted 3Q 83% earnings drop of 13 cents a share vs. 76 cents a year ago. Retailers, casinos and airlines decline, while energy stocks gain. The Energy Department reported a crude inventories drop of 300,000 barrels for the week ending Sept.16.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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