Home / FedEx / FedEx Lowers Profit Outlook, Cites Higher Fuel Costs (Update2) (Bloomberg.com)

FedEx Lowers Profit Outlook, Cites Higher Fuel Costs (Update2) (Bloomberg.com)

May 9 (Bloomberg) — FedEx Corp. , the second-largest U.S. package-shipping company, said fourth-quarter earnings will be below its earlier forecast after surging fuel prices raised costs by at least $100 million more than estimated.

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