FedEx profit and outlook disappoint, stock down

Discussion in 'The Latest FedEx Headlines' started by ROBO MOD, Dec 20, 2006.

  1. ROBO MOD

    ROBO MOD I'm a Robot Staff Member

    FedEx profit and outlook disappoint, stock down - Reuters

    FedEx Corp. on Wednesday reported lower-than-expected net profit due in part to a recent labor agreement with its pilots' union, and forecast earnings in its fiscal third quarter below Wall Street estimates.