After reading the highlighted portion - maybe a better title for your thread would've been "fdx & ups good news"?
Disclaimer - in no way am I 'gloating' in DHL's demise and I hope for the very best for all DHL (ABX & Astar) employees. I'm merely responding to the slightly biased
summary of the article...
Originally Posted by
viperdriver
Good news at the bottom
... But better news may be on the horizon. With competitor DHL exiting the U.S. domestic shipping market on Jan. 30, Stifel Nicolaus analyst David Ross expects FedEx and UPS to garner enough business to more than make up for lower volumes related to the weak U.S. economy.
In a note to clients, Ross raised his earnings estimates on both companies: to $5.60 from $5.15 per share for FedEx's fiscal year ending in May 2009, and to $3.62 per share from $3.57 for UPS' year ending in December ...