Fedex lowers profit outlook, cites higher fuel costs (update3)
Google En - General - 09 May 2008 / 17:58:25

Fedex lowers profit outlook, cites higher fuel costs (update3)

By Mary Jane Credeur May 9 (Bloomberg) -- FedEx Corp., the second-largest US package-shipping company, said fourth-quarter profit will miss its forecast after surging fuel prices raised costs by at least $100 million more than estimated.FedEx lowers 4Q earnings on higher fuel costs Bizjournals.comFedEx Cuts Guidance Again, Blaming Higher Fuel Prices Wall Street JournalMarketWatch - Reuters - International Business Times - Newsweek