18-Jun-2009 1:50 PM
FedEx: "extremely difficult conditions" ahead. AirTran surges, United, Allegiant, GOL and Hawaiian
Analysis
FedEx (-1.4%) stock again lost following a weak report for the quarter to 31-May-09, with the company CFO anticipating another six months of difficult times. Meanwhile, AirTran (+5.3%), United (+4.2%), Allegiant (+4.3%), GOL (+4.0%) and Hawaiian (+4.0%) all performed well on the day, as did most airline stocks.
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