FedEx Fails to Deliver - Fast Money (5/9/08) - SA Editor Miriam

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FedEx Fails to Deliver - Fast Money (5/9/08)
May 12, 2008 10:22 AM UTC

SA Editor Miriam

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Symbol	Sentiment	Start	Return	Closed
HPQ		05/12/08	-54.93%	--
VLO		05/12/08	-51.04%	--
TSO		05/12/08	+6.01%	05/30/08
FDX	n/a
UPS		05/12/08	+0.93%	05/15/08

Via Long Investment Ideas from Seeking Alpha:

Recap of CNBC's Fast Money, Friday May 9. Click on a stock ticker for more analysis.

Fed Ex (FDX), UPS (UPS)
Fed Ex's warning not only sent its own shares down, but has implications for UPS and retail, and will have a positive impact on rails, Guy Adami said. Najarian noted FDX's warning is consistent with the rising price of oil, and a decline in oil may be good for FDX. Macke says UPS might be a buying opportunity.

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