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The Latest FedEx Headlines
FedEx profit more than doubles, tops expectations
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<blockquote data-quote="cheryl" data-source="post: 702165" data-attributes="member: 1"><p><strong><a href="http://www.reuters.com/article/idUKN179984820100318?type=companyNews" target="_blank">FedEx profit more than doubles, tops expectations - Reuters</a></strong></p><p> Package delivery giant FedEx Corp (FDX.N) raised its outlook and posted sharply higher profit, but its shares fell as its domestic volume numbers disappointed investors' hopes for a U.S. economic recovery.</p><p> </p><p> Profit for its fiscal third quarter ended Feb 28 was $239 million, or 76 cents per share, up from $97 million, or 31 cents per share, a year earlier.</p><p> </p><p> Analysts on average had expected 72 cents per share, according to Thomson Reuters I/B/E/S</p></blockquote><p></p>
[QUOTE="cheryl, post: 702165, member: 1"] [B][URL="http://www.reuters.com/article/idUKN179984820100318?type=companyNews"]FedEx profit more than doubles, tops expectations - Reuters[/URL][/B] Package delivery giant FedEx Corp (FDX.N) raised its outlook and posted sharply higher profit, but its shares fell as its domestic volume numbers disappointed investors' hopes for a U.S. economic recovery. Profit for its fiscal third quarter ended Feb 28 was $239 million, or 76 cents per share, up from $97 million, or 31 cents per share, a year earlier. Analysts on average had expected 72 cents per share, according to Thomson Reuters I/B/E/S [/QUOTE]
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FedEx profit more than doubles, tops expectations
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