UPDATE 3-FedEx profit misses view, stock up on FY08 outlook

Discussion in 'The Latest FedEx Headlines' started by cheryl, Jun 20, 2007.

  1. cheryl

    cheryl I started this. Staff Member

    UPDATE 3-FedEx profit misses view, stock up on FY08 outlook - Reuters

    Package delivery company FedEx Corp. on Wednesday reported a profit and gave a quarterly forecast that missed expectations, citing slowing U.S. economic growth, but a solid full-year outlook sent its stock up more than 2 percent.