Diamonds and Dogs
3/20/13FedEx Corporation (FDX)
FedEx might see some of their shareholders ship out today, as they're down 5.3% at $100.82 midday today. The transportation, e-commerce, and business services company also announced their awful third quarter performance, where their profit fell 31%. This decline occurred because customers shifted towards slower, less expensive international air-shipping options. FedEx said their net income fell to $361 million, or $1.13 per share, during this quarter, which ended Feb. 28. That's down from $521 million, or $1.65 per share, a year earlier.
Williams-Sonoma Inc. (WSM)
Williams-Sonoma is cooking up something great today, as they hit a new 52-week high today, as they are trading at $48.50 midday today. The culinary and entertainment products company currently has seen 1.4 million shares traded, which is above their average volume of 1.1 million shares over the past 30 days. Shares are up 3.3% year to date as of the close of trading yesterday.