FedEx

FedEx Corp. cut its quarterly earnings forecast because of rising fuel prices and snowstorms that snarled operations, less than two months after saying it was being “hammered” by winter weather. More: continued here

The trimmed-back forecast assumes no more weather disruptions and stable fuel prices for the rest of the quarter. More: continued here

FedEx lowered its third-quarter earnings guidance by an estimated 25 cents per diluted share because of ‘loss of revenue and increased expenses resulting from severe winter storms and higher-than-expected fuel prices.’ More: continued here

FedEx Corp. (FDX) lowered its outlook for earnings in the current quarter because severe winter storms and higher-than-expected fuel prices pressured expenses higher. More: continued here

FedEx announced it was lowering its third quarter guidance as the company digested the effects of se More: continued here

FedEx Corp. cut its profit forecast for the current quarter because of rising fuel costs and “severe” winter storms that reduced revenue and inflated expenses. More: continued here

Interesting little update from package giant FedEx after the close. More: continued here

FedEx Corp cut its earnings forecast for the current quarter, citing disruption from winter storms in the United States and Europe and higher fuel prices, sending shares lower in post-market trading. More: continued here

Fedex plunged after hours only to retrace almost all of the drop, after investors were assuaged that the reason for the company’s guidance cut was snow (in December, yes unbelievable), and plunging margins (this is one-time: just recall Goldman’s most recent lies on the topic). In other words, while QE3, …

Shipper FedEx is frequently seen as one of the biggest economic bellwethers out there. And it’s diving right now thanks to a reduced quarterly outlook owing to two thing s: the first is weather. That’s not a huge deal, assuming that volatile weather isn’t a permanent state of things. More: …