FedEx ( FDX) is trending upon cutting its earnings forecast. "Weakness in the global economy constrained revenue growth at FedEx Express more than expected in the earlier guidance," FedEx said. FedEx expects to earn $1.37 a share in its fiscal first quarter, compared with its earlier forecast of $1.45 to $1.60 a share. The reduced forecast is the second time since June the company's profit estimate has failed to meet analysts' predictions. In June, the company lowered its forecast for U.S. economic growth to 2.2% for the year ending May 31, down from its previous prediction of 2.3%. With its large size and worldwide presence, FedEx is often considered a bellwether of the global economy.
ING Group ( ING) is another popular search. The Dutch company plans to sell its 9% stake in Capital One ( COF).
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.