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FedEx says the global economy is getting worse and -- dismal on the future again cutting its forecast for the fiscal year.
For the quarter just wrapped up FedEx reported earnings of a dollar 45 a share that was better than expected.
Revenue was ten point 79 billion dollars also.
A bit better than expected now keep in mind fedex's earnings say a good deal about the state of the world economy it ships to Europe which is mired in -- debt crisis.
It -- jet fuel for its planes oil prices always volatile.
And it -- the iPhone 5 and by the looks of that it'll be -- a lot of -- Piper Jaffray analyst gene Munster says the worst case scenario.
It's for apple to sell six million iphones during the critical opening weekend that kicks off this Friday.
Munster is actually Kong for -- eight million units sold possibly even ten million.
A hit or miss could determine how apple and navigates around the key 700 dollar share -- And the US trade deficit with the rest of the world narrowed in the second quarter thanks to an increase in American exports.
And cheaper prices for imported oil the Commerce Department says the deficit decreased 12% to a 117 point four billion dollars.
Talk about incentive to take a vacation this -- Southwest Airlines and AirTran are doubling their frequent flier credits the one -- Fires have to complete their trip by November 15.
And it's even better if you want to go overseas by the way AirTran is offering triple points on international flights over the same period.
That's just from -- allowed -- foxbusiness.com.
In New York online Cincinnati.
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