SECOND HALF RECOVERY LOOKS DOUBTFUL
FedEx's net doubled for its fiscal fourth quarter, recovering from charges a year earlier. But the shipping company issued a first-quarter forecast that trailed analysts' expectations. [Wall Street Journal]
Malcolm Forbes. "There is never enough time, unless you're serving it." [Quotes of the Day]
SELLING AIRPORTS - WHAT A NOVEL IDEA!
Sydney Airport Sold To Bank-Led Group. Sydney Airport, the largest airport in Australia, was sold today for 5.6 billion Australian dollars, or $3.2 billion. By The New York Times. [New York Times: Business]
© Copyright 2002 Steve Pilgrim.