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AFTER THE CLOSE.(TO THE POINT)
FEDEX says it'll earn 52-60 cents in Q1 vs. views of 61. It'll also take a charge of up to $290 mil, or 30 cents a share, for retirement and severance packages.
LENNAR'S Q2 new home orders rose 22% to 9,797 units.
MAVERICK TUBE cut its Q2 outlook 60% to 3-5 cents, citing sharply weaker demand for its steel tubes in Canada. It still aims to meet full-year views.
PNC will pay $90 mil in restitution and $25 mil in penalties under a settlement with the Justice Dept. over securities law violations. The DOJ ...
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