Home / FedEx / FedEx 1st-qtr profit falls, meets analysts’ expectations, as cost cuts offset slow growth (Canadian Business)

FedEx 1st-qtr profit falls, meets analysts’ expectations, as cost cuts offset slow growth (Canadian Business)

Samantha Bomkamp September 18, 2008 – 12:00 a.m. NEW YORK (AP) – FedEx Corp. said Thursday its fiscal first-quarter earnings fell 22 percent, but still met Wall Street’s expectations, as cost cuts partially offset the impact of slowing global growth.

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