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Corporate Summary


•    The world’s largest operator of cargo airlines, FedEx Corporation (NYSE:FDX) lost 3.5% after it estimated lower-than-expected current quarter earnings and said that the economy has softened

•    FuelCell Energy, Inc. (NASDAQ:FCEL) announced that it will sell 20 million shares at $1.50 each. Subsequently the stock plunged 11.9%

•    ConAgra Foods Inc. (NYSE:CAG) reported third-quarter fiscal diluted earnings per share of $0.65, which surpassed the Zacks Consensus Estimate of $0.49

•    Shares of Costamare Inc (NYSE:CMRE) lost almost 9.0% after it issued a secondary offering of 7.5 million shares for $14.10 a share
 

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