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

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


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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.