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The Competition
The Latest FedEx Headlines
FedEx Falls After Profit Forecast Trails Estimates
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<blockquote data-quote="cheryl" data-source="post: 549450" data-attributes="member: 1"><p><strong>FedEx Falls After Profit Forecast Trails Estimates - Bloomberg</strong></p><p></p><p>FedEx Corp. fell in New York trading after the second-largest U.S. package-shipping company forecast a quarterly profit that trailed analysts’ estimates amid an “extremely difficult” economy.</p><p></p><p>FedEx faces the “most difficult economic conditions in our company’s history,” said Chief Executive Officer Fred S, who founded the company 36 years ago. Still, he told analysts on a conference call that “the worst of the recession is likely behind us.”</p></blockquote><p></p>
[QUOTE="cheryl, post: 549450, member: 1"] [B]FedEx Falls After Profit Forecast Trails Estimates - Bloomberg[/B] FedEx Corp. fell in New York trading after the second-largest U.S. package-shipping company forecast a quarterly profit that trailed analysts’ estimates amid an “extremely difficult” economy. FedEx faces the “most difficult economic conditions in our company’s history,” said Chief Executive Officer Fred S, who founded the company 36 years ago. Still, he told analysts on a conference call that “the worst of the recession is likely behind us.” [/QUOTE]
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