March 23, 2012

THERE’S THAT WORD AGAIN: New Home Sales Unexpectedly Slip 1.6% in February.

UPDATE: Plus this: China factories falter, euro zone business wilts. And: “Memphis, Tennessee-based FedEx Corp (FDX.N), whose delivery service spans the globe, included a warning with its earnings report issued on Thursday that tepid economic growth was causing it to scale back its outlook for the rest of this year.”