SAN FRANCISCO (MarketWatch) — FedEx Corp. said late Monday that it cut its third-quarter outlook because of severe winter storms and higher-than-expected fuel prices. FedEx lowered its third-quarter earnings outlook to 70 cents to 90 cents a share, from a previous range of 95 cents to $1.15 a share. Analysts surveyed by FactSet Research estimate third-quarter earnings of $1.06 a share. “We …
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