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Old 01-13-2009 | 12:27 PM
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990Convair
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And in other news.........



The Memphis, Tennessee-based company, which like United Parcel Service Inc is considered a bellwether of U.S. economic health, reported that net income for its fiscal second quarter ended November 30 rose to $493 million, or $1.58 per share.
That compared with the $479 million, or $1.54 per share, the company reported a year earlier.
FedEx said falling fuel prices had lifted profits, which offset lower package volumes due to global economic weakness.
"I am very pleased with the results," said Dan Ortwerth, a research analyst at Edward Jones. "FedEx is getting better and better at managing its cost structure."



That article should also say - To include abrogation of it's pilot contract.
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