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.
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.