Home / FedEx / FedEx pares 2012 outlook, shares fall 10 percent

FedEx pares 2012 outlook, shares fall 10 percent

(Reuters) – FedEx Corp , the world’s No. 2 package delivery company, reported a higher quarterly profit but pared its outlook for the full year, citing fuel prices and moderate global economic growth, sending its shares down some 10 percent.

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