FedEx Earnings Beat Pushes Transportation ETFs Back on Trend
March 17, 2016 at 14:29 PM EDT
FedEx (NYSE: FDX) lifts transportation sector and bringing related ETFs back above their long-term trend FedEx revealed earnings of $692 million for an adjusted $2.51 per shares over the fourth quarter, compared to expectations of a $2.34 per share gain Meanwhile, transportation sector ETFs IYT and...