Guidance

Operating Profits At FedEx (FDX) May Rise 9% Annually

Analysts at Credit Suisse maintain their "neutral" rating on FedEx Corporation (NYSE: FDX). The target price for FDX has been raised from $99 to $100.

Palm’s Survival Doubtful Going Forward

Analysts at Morgan Joseph downgrade Palm Inc (NASDAQ: PALM) from “hold” to "sell." The target price for PALM is set to $0.

ICx Technologies, Inc. (ICXT) Reports Fourth-Quarter Results

ICx Technologies, Inc. (NASDAQ: ICXT), which develops and integrates advanced sensor technologies for homeland security, force protection and commercial applications, reported its fourth-quarter results on Thursday. The company saw its losses widen in the fourth-quarter.

FedEx Corporation’s (FDX) Third-Quarter Profit Beats Expectations

FedEx Corporation (NYSE: FDX) announced its third-quarter results on Thursday. The company saw its quarterly profit more than double as strong export volumes in Asia offset a flat demand in U.S.

Discover Financial Services (DFS) Maintains Outperform Rating

Analysts Bill Carcache and Tulu Yunus at Macquarie have released an update on Discover Financial Services (NYSE: DFS).

LSI Corporation (LSI) Upgraded To Buy; Price Target Raised

Analyst Suji De Silva at Kaufman Bros. has upgraded LSI Corporation (NYSE: LSI) from Hold to Buy rating. The price target for LSI Corporation stock has been raised from $5.50 to $8. The company has revised its guidance for first-quarter. It has raised its first-quarter revenue estimate from $590-$620 million to $620-$640 million.

Credit Suisse Maintains Public Service Enterprise Group (PEG) Outperform Rating

Credit Suisse analysts Dan Eggers, Kevin Cole, Yang Y. Song and LinLin Sun maintained their Outperform rating of shares of Public Service Enterprise Group (NYSE: PEG) with a price target of $35.

GameStop (GME) Surging Ahead In Pre-Market On Better Than Expected Results

GameStop (NYSE: GME) is surging ahead in pre-market trading session. GME has announced its fourth-quarter net income at $215.9 million, or $1.29 a share, down from $232.3 million, or $1.39 a share, in the year-ago period. GME’s revenues for the quarter rose to $3.52 billion from $3.49 billion.

CLARCOR (CLC) Falls 3% In After Hours Trading

Shares of CLARCOR Inc. (NYSE: CLC) were down nearly 3% in after hours trading on Wednesday, after the company released an earnings report that missed analyst estimates. CLARCOR Inc. announced that it earned $14.9 million, or 29 cents per share, for the 1st quarter, compared to earning $8.8 million, or 17 cents per share, a year earlier.

LSI Corp. (LSI) Raises Outlook On Renewed Corporate Demand

Shares of LSI Corp. (NYSE: LSI) went up by 11% on Wednesday as the microchip and software maker raised its first-quarter outlook. The revised guidance is in the backdrop of a greater-than- expected recovery in corporate demand and increased IT (information technology) spending by companies.