FedEx expects to post 2nd-quarter earnings that beat Wall Street estimates

Article Abstract:

FedEx Corp. is forecasting higher-than-expected earnings for the fiscal second-quarter ending November 30, 2001. The company forecasted 40 US cents to 45 US cents per share in earnings for the period.

Sales, profits & dividends, Forecasts and trends

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Bank of America forms panel to review funds

Article Abstract:

The Bank of America has formed an independent review panel that will be charged with investigating an charges of improper mutual fund trading. The bank will also set up a restitution fund.

Legal issues & crime, Banking Institutions, Depository Credit Intermediation, Financial management, DEPOSITORY INSTITUTIONS, Banking industry, Company legal issue, Cases, Finance, Banks (Finance), Investigations, BankAmerica Corp., Company financing

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FedEx will raise most shipping rates an average of 3.5%

Article Abstract:

FedEx Corp. will increase the majority of its shipping rates by an average of 3.5%. The rate hike will go into effect one month earlier than the company usually increases its prices.

Consumer prices, Prices and rates

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